Boise’s real estate market is experiencing unprecedented growth, with major new developments reshaping the city’s residential and commercial landscape in 2026 and 2027. From downtown mixed-use projects to sprawling master-planned communities in surrounding areas, here’s what homebuyers and investors need to know about the major construction projects coming to the Treasure Valley.
Downtown Boise’s Mixed-Use Renaissance
Downtown Boise is undergoing a significant transformation with several major projects breaking ground or nearing completion. These developments combine residential units, retail spaces, and office components to create vibrant urban neighborhoods.
The Bannock at Fourth and Idaho
One of downtown’s most anticipated projects, The Bannock features two side-by-side towers at the corner of Fourth and Idaho Streets. The 13-story building includes 64 for-sale condo units with main floor retail shops and office spaces. The second 11-story tower adds additional residential units above ground-level retail. Completion is expected in spring 2026. The mixed-use development will also serve as the new central headquarters for Idaho Central Credit Union, bringing additional foot traffic and commercial activity to the downtown core.
16th and State Development
The 16th and State mixed-use project represents a significant workforce housing initiative in Boise’s North End. This seven-story building contains 104 rental apartments with approximately 1,600 square feet of ground-floor retail space. The project prioritizes affordability with 38 units targeted at households earning 60% or less of Area Median Income. Total development costs exceed $25 million, with construction that began in November 2024 expected to be complete by March 2026. This project exemplifies Boise’s commitment to Boise best neighborhoods while addressing housing affordability challenges.
Jefferson Street Mixed-Use Complex
Downtown’s seventh parking garage is taking shape as part of the 1010 Jefferson Street development. This comprehensive mixed-use project includes 9,000 square feet of commercial space with the ParkBoi garage offering 446 parking spaces. The development extends from 10th to 11th Street with commercial uses on the ground level and parking above. The project also incorporates a Treasure Valley YMCA child care center, creating a multi-functional community hub in the heart of downtown.
Downtown YMCA and Catalyst Revitalization
The new CapEd Downtown Boise YMCA facility anchors a four-block catalytic revitalization project currently under construction. This mixed-use development is expected to drive additional residential and commercial investment in the surrounding area, continuing downtown Boise’s evolution as a residential destination.
East Hollow: Boise’s Next Major Master-Planned Community
One of the most significant projects on the horizon is East Hollow, a tentatively named master-planned community development near the Micron Technology campus. This massive project envisions approximately 7,000 homes in a mix of apartments and single-family residences. Developers were targeting early 2026 for submitting development applications, indicating that significant phases could begin taking shape as we move through 2026 and into 2027. This project alone would represent a major expansion of Boise’s housing supply.
Strong Infill Housing Growth
Boise’s recently adopted zoning code from summer 2023 has accelerated housing production throughout the city. In the past year alone, the city approved nearly 2,000 new infill housing units. More than half of these approvals were located near downtown, along the city’s three busiest transit routes, or in proximity to busy commercial areas. This pattern reflects a conscious shift toward walkable, transit-oriented development that reduces sprawl and strengthens neighborhood cores.
Meridian and Eagle Growth Corridors
Boise’s rapid expansion is mirrored in adjacent communities. Meridian has approved new residential and commercial development on the northwest corner of East Overland Road and South Topaz Avenue, featuring 19 townhomes and approximately 8,000 square feet of commercial space.
In Eagle, developers are pursuing Spring Valley, a master-planned community in the Foothills north of town. Major builders like Brighton Homes and Toll Brothers continue expanding their operations across the region’s Boise home prices by neighborhood, offering homes at various price points to accommodate different buyer demographics.
Affordable Housing and Infrastructure Investment
Beyond traditional market-rate development, Boise is prioritizing affordable housing to meet community needs. The city is working toward building 1,250 apartments for those earning less than 60% of Area Median Income, with a goal of reaching these benchmarks in early 2027. This commitment to Boise housing market update reflects both market demand and policy priorities in response to the region’s rapid growth.
What This Means for Homebuyers and Investors
The breadth and scale of these developments indicate continued strong demand for housing in the Boise area through 2026-2027 and beyond. For homebuyers, options range from affordable downtown rental apartments to luxury condos in the Bannock to suburban single-family homes in master-planned communities. Investors may find opportunities in both ground-floor commercial spaces in mixed-use developments and rental properties.
The combination of downtown revitalization, suburban expansion, and regional growth in Meridian and Eagle suggests that the Treasure Valley will remain one of the West’s most dynamic real estate markets. These developments underscore Boise’s evolution from a smaller regional city to an increasingly sophisticated urban market with diverse housing options, walkable neighborhoods, and continued economic vitality.
As 2026 and 2027 unfold, expect these projects to significantly reshape Boise’s skyline and neighborhood character while addressing the ongoing challenge of housing affordability and smart growth in Idaho’s capital region.