« Boise MLS Search | Main | Rate cuts »

Boise Idaho Growth Potential

Boise’s growth potential

 I have been asked this question asked a lot, especially lately with the U.S. economy in a downturn. So I thought this would be a good subject to blog about.
 The growth potential in Boise is great, there are many projects in the works and Idaho is the fourth fastest growing state. Yesterday Boise’s largest employer Micron Technology announced they would be expanding their operations here due to tax incentives give by the state.  

A local successful developer is planning a $500 million dollar business complex in Meridian, his previous projects include Two Rivers and Island Woods luxury home neighborhoods in Eagle, Idaho built by the Boise River.

Downtown Boise

There is a race car track that will be accepted by NASCAR that will be built east of Boise bringing jobs and tourism. A movie studio has also been approved for South of Boise. These are all new projects but in the past few years also some major corporations have moved in or expanded their companies here in the Valley providing thousands of jobs. Such as Citi, T-Moblie, AT&T, Home Depot, Lowes, Hotels, Restaurants just to name a few. Also a lot of companies use Boise as a test market for their new products due to the diversity of the area and we have been ranked numerous times as a great place to live and do business. This just names some of the projects and companies but with their growth and expansion it will increase the amount of jobs available and the potential for small businesses to thrive. 

 Our unemployment rate is at 2.8% well below the national average of 5%, to see the current unemployment rate for Idaho and other states click here - Idaho unemployment rate


 As an Idaho native I have seen Boise grow and develop into a wonderful place, new opportunities are exciting and beneficial to the whole community. Boise has a bright beautiful future, feel free to comment and ask any questions!

 

 

Posted on Thursday, March 6, 2008 at 04:16PM by Registered CommenterMegan Schomer in | CommentsPost a Comment

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>