The Greater Boise Auditorium District held a special board meeting Tuesday in which they decided to hang onto their cash reserves until the COVID-19 and slow hotel and convention business did a “pivot.”
This came in the wake of an attempt by Tommy Ahlquist and his Ball Ventures Ahlquist development firm to recruit GBAD to join in a move to develop the county-owned fairgrounds into a commercial and residential project along with a ballpark.
Executive Director Pat Rice told the GUARDIAN, “The merits of the Stadium Project, or ANY project, is not the consideration but frankly the financial position of the District and conditions within the Hospitality Industry are. We can’t sacrifice the level of quality that’s been maintained at Boise Centre and while 2021 will remain a challenge, we have significant capital projects of $1.5-$2M over the next 2-3 years that will require the cash on hand. I do, however, project 2022 to be a phenomenal year and I hope that comes to fruition; we need to be ready.”
The GBAD board also sent a letter to Ahlquist saying they will not consider Ahlquist or anyone else who could cut into their cash position.
The GBAD letter: 90120 letter to tommy
Meanwhile there was more opposition to Ahlquist developments from Preservation Idaho over a proposed project on 4th Street between Idaho and Bannock. The advocacy group sent out an email to members Thursday asking members to write to the City opposing the rezone.
Ball Ventures Ahlquist seeks to rezone the area to allow “unlimited height restriction” in an area where the current height restriction on the property is 6 stories (65’).
On September 21 at 6PM, the Boise Planning and Zoning Commission (P&Z) will hold a hearing to review the Ball Ventures Ahlquist (BVA) proposal for a rezone to allow a 232-foot tower on 4th Street between Idaho and Bannock.
This will be a hybrid meeting that you can attend virtually or in person.
To insure more advertising-free Boise Guardian news, please consider financial support.