Obie Development Partners LLC
The Inn at 500 Capitol conceptual rendering
Days after the announcement
of a 180-room, 10-story hotel slated for the corner of Capitol Boulevard and Broad street comes word of yet another downtown hotel development.
Obie Development Partners LLC, based in Eugene, Ore., has announced that it is seeking city approval for a $25 million, seven-story, 104-room boutique hotel on the southeast corner of Capitol Boulevard and Myrtle Street, a stone's throw from the "premier" hotel project fronted by Eagle-based hotel investment company Pennbridge Capital.
The ODP hotel, dubbed the Inn at 500 Capitol, already has a date scheduled with the Boise Design Review Committee, slated for Wednesday, April 8. If all goes according to plan, construction will begin in August 2015 and be completed in late 2016.
"This is going to happen. We're committed," said Obie President and CEO Brian Obie, a former mayor of Eugene.
The Inn is planned to include a spa, room service with a butler closet, a wellness center and open air plaza, and rooms that will run between $203-$215 per night. Obie said he hopes to partner with a high-end restaurant and obtain a liquor license.
Unlike "convention" hotels that cater to business travelers and host large events, the Inn at 500 Capitol is being branded as a luxury, getaway experience—or as a way for companies, Boise State University or the state of Idaho to show off Boise as a place to live.
Though the Inn would be kitty-corner from the Hampton Inn in BoDo—and possibly the Pennbridge development—Obie said that he didn't see them as directly competing.
"We're not a convention hotel. A lot of businesses put people in our hotel because they're doing a lot of recruiting business. We'll do a lot with the university like we do with the University of Oregon. We'll pick them up at the airport in a sedan, take them to a hotel, take them to the university or the hospital," Obie said.
According to its application, the Inn will have 26 available parking spaces, mainly for use by the hotel's attached restaurant. ODP Co-manager Casey Barrett said a valet service run by the hotel will be a primary mode of transportation for its guests.
"The hotel will be 100 percent valet, so everyone that shows up will be valeted offsite," he said.
ODP previously developed the Inn at the 5th
in Eugene and selected Boise as the site of its next hotel after partnering with a University of Oregon marketing class that placed Boise at the top of a list of 43 cities around the country where a project similar to the Inn at the 5th could succeed.
Factors that went into that list included the absence of a similar kind of hotel in the community, the presence of a university and regionally headquartered companies, an active commercial area and airport access.