Developers joined Boise city leaders Tuesday morning to break ground on the Inn at 500 Capitol, one of three hotels set to occupy three corners of the intersection of Capitol Boulevard and Myrtle Street—one of Boise's (and Idaho's) busiest intersections.
"Boise is in need of this hotel. The community will embrace it. This hotel will have one brand, and it will be the Boise brand," said developer and former Eugene, Ore., Mayor Brian Obie.
104-room, seven-story six-story, 112-room hotel
, unlike other hotel developments
taking place across the city, will be independent of a major national brand, feature boutique lodgings, valet parking and an upscale restaurant. In the next two years, Boise is set to add hundreds of hotel rooms, relieving what a story conducted by California-based PKF Consulting painted as a shortage
of hotel rooms and convention space in the downtown core: The city's 10 existing hotels total 1,290 rooms, but consistently face 70-80-percent occupancy every night of the week.
Boise Mayor Dave Bieter noted the Inn's location near the LIV District, Boise State University and downtown—and that currently in the area $1 billion in investment is taking place.
In his remarks, Boise Metro Chamber of Commerce President and CEO Bill Connors indicated the Inn at 500 Capitol will have a singular place in Boise's hospitality industry.
"We have a severe shortage of hotel stock in this town. This hotel in particular will make Boise a destination," he said.