{"id":2028,"date":"2023-09-11T16:46:44","date_gmt":"2023-09-11T16:46:44","guid":{"rendered":"https:\/\/www.nwrecc.org\/?p=2028"},"modified":"2023-09-12T14:53:31","modified_gmt":"2023-09-12T14:53:31","slug":"depot-square-affordable-housing-building-officially-open","status":"publish","type":"post","link":"https:\/\/www.nwrecc.org\/depot-square-affordable-housing-building-officially-open\/","title":{"rendered":"Depot Square affordable housing building officially open"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column]<style type=\"text\/css\" data-type=\"the7_shortcodes-inline-css\">.gallery-carousel-shortcode.gallery-carousel-shortcode-id-4eb05b9a952bb16cc8ff57b3e618728d .owl-nav a {\n  width: 36px;\n  height: 36px;\n  border-radius: 500px;\n}\n.dt-arrow-border-on.gallery-carousel-shortcode.gallery-carousel-shortcode-id-4eb05b9a952bb16cc8ff57b3e618728d .owl-nav a:not(:hover):before {\n  border-width: 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class=\"rollover dt-pswp-item layzr-bg\" data-large_image_width=\"940\" data-large_image_height=\"628\" data-dt-img-description=\"\" title=\"Screenshot 2023-09-11 101756\"><img loading=\"lazy\" decoding=\"async\" class=\"preload-me owl-lazy-load\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D&#39;http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg&#39;%20viewBox%3D&#39;0%200%20940%20628&#39;%2F%3E\" data-src=\"https:\/\/www.nwrecc.org\/wp-content\/uploads\/2022\/05\/Screenshot-2023-09-11-101756.png\" data-srcset=\"https:\/\/www.nwrecc.org\/wp-content\/uploads\/2022\/05\/Screenshot-2023-09-11-101756.png 940w\" alt=\"\" width=\"940\" height=\"628\"  \/><span class=\"gallery-rollover\"><span class=\"gallery-zoom-ico icomoon-the7-font-the7-zoom-06\"><span><\/span><\/span><\/span><\/a><\/figure><\/div><div data-post-id=\"2147\" data-date=\"2023-09-12T04:29:19+00:00\" data-name=\"64f21dd393323.image\"><figure class=\"post\"><a href=\"https:\/\/www.nwrecc.org\/wp-content\/uploads\/2022\/05\/64f21dd393323.image_.jpg\" class=\"rollover dt-pswp-item layzr-bg\" data-large_image_width=\"375\" data-large_image_height=\"500\" data-dt-img-description=\"\" title=\"64f21dd393323.image\"><img loading=\"lazy\" decoding=\"async\" class=\"preload-me owl-lazy-load\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D&#39;http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg&#39;%20viewBox%3D&#39;0%200%20375%20500&#39;%2F%3E\" data-src=\"https:\/\/www.nwrecc.org\/wp-content\/uploads\/2022\/05\/64f21dd393323.image_.jpg\" data-srcset=\"https:\/\/www.nwrecc.org\/wp-content\/uploads\/2022\/05\/64f21dd393323.image_.jpg 375w\" alt=\"\" width=\"375\" height=\"500\"  \/><span class=\"gallery-rollover\"><span class=\"gallery-zoom-ico icomoon-the7-font-the7-zoom-06\"><span><\/span><\/span><\/span><\/a><\/figure><\/div><\/div>[vc_column_text]<strong>By &#8211; Connor Shea<\/strong><\/p>\n<p>LINK: <a href=\"https:\/\/www.tetonvalleynews.net\/community\/depot-square-affordable-housing-building-officially-open\/article_b9540398-48eb-11ee-aedf-7f3d1096b615.html\" target=\"_blank\" rel=\"noopener\"><strong>Depot Square affordable housing building officially open<\/strong><\/a><\/p>\n<p>The much anticipated Depot Square affordable housing project in downtown Driggs officially opened its doors last Thursday and was celebrated by many officials and builders alike.<\/p>\n<p>The building is home to 34 residential units (1,2, and 3-bedroom units, 30 of which are limited to 30%-60% of Area Median Income), 3 live-work units, 4 \u201cproof-of-concept\u201d commercial spaces, and one large commercial space.<\/p>\n<p>The project\u2019s construction was started with an official groundbreaking just over a year ago in August of 2022 after a partnership between the City of Driggs, the Teton County Joint Housing Authority, and developers Northwest Real Estate Capital Corp. (NWRECC, out of Boise, ID), among other businesses.<\/p>\n<p>NWRECC Vice President \u2014 Development Jess Giuffre filled in for the ill Senior Property Developer John Vance on the podium and began by giving props to the City of Driggs.<\/p>\n<p>\u201cIt\u2019s been about three years in the making to the point where we\u2019re at today,\u201d said Giuffre.<\/p>\n<p>\u201cThere is a lot of work that went into this project before the first shovel went into the ground. The City of Driggs made the conscious decision to help solve the housing crisis that\u2019s been experienced in Teton Valley over the past several years. There were long discussions about what the City of Driggs could do to help mitigate the situation,\u201d said Giuffre.<\/p>\n<p>Mayor August Christensen then received a ceremonial plaque from Giuffre and NWRECC, celebrating the achievement.<\/p>\n<p>\u201cToday has finally come. We have been waiting for this and working towards this moment for a long time,\u201d said Christensen. \u201cIt all started with the Joint Housing Authority lighting the fire and encouraging the Driggs City Council to donate this land that we are on. Thank you, Housing Authority, for getting this all started.\u201d<\/p>\n<p>Christensen was also very appreciative of the 4 \u201cproof-of-concept\u201d or \u201cincubator\u201d spaces, given to local businesses that are just starting out and will benefit from the low capital cost of each space.<\/p>\n<p>The four businesses are Ollie\u2019s Mountain Pet Supply and Wash, Dolce Baking Company, Itzayana\u2019s Gift Shop, and Live Breezy Shop and Studio. \u201cThis means that four local residents are able to start new and different businesses,\u201d said Christensen. \u201cI can\u2019t wait to start supporting these new locally owned and operated businesses.\u201d<\/p>\n<p>It was an absolutely phenomenal day for the ribbon cutting, with sunlight falling beautifully on the east side of the building.<\/p>\n<p>More recognition and plaques were handed out to representatives from the Idaho Housing and Finance Association, Wells Fargo and PNC Bank, the Driggs Urban Renewal Agency, Bonneville Multifamily Capital, CSHQA Architecture, and CSDI Construction.<\/p>\n<p>Shawn Hill, chair of the Teton County Joint Housing Authority, also made some kind remarks as to the meaning of the project.<\/p>\n<p>\u201cGreat partnerships come when there\u2019s shared trust, transparency, and commitment,\u201d said Hill. \u201cThat\u2019s what we had with all of the project partners. And I think that\u2019s why we\u2019ve been able to enjoy the success.\u201d<\/p>\n<p>\u201cI just want to note with this project, we housed people and people drive our economy, they take care of our community, and they restore our environment,\u201d said Hill. \u201cWhen we house people, we will enjoy economic, social, and environmental success, so here\u2019s to this project, and here\u2019s to the continued success of this wonderful community.\u201d<\/p>\n<p>NWRECC President Noel Gill closed out the remarks, stating how he believes that this project exemplifies what it means to invest in communities.<\/p>\n<p>\u201cThis community really represents a great standard for rural. We\u2019re excited to look at new opportunities and continue to participate in the rural communities and bring this type of housing. For us, it\u2019s an honor to open this up to the families that are beginning to move in here and the businesses that are going to call this home,\u201d said Gill. \u201cIt\u2019s the greatest security that we can provide for families to grow and thrive in our communities, to give them the opportunity to participate in life, work, and in play.\u201d<\/p>\n<p>One live-work unit is still available for occupancy, as is the main commercial corner space. There are also some other units available for rent as well. Contact\u00a0<a href=\"mailto:depotsquare@nwrecc.org\" target=\"_blank\" rel=\"noopener\">depotsquare@nwrecc.org<\/a>\u00a0for availability.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text]By &#8211; Connor Shea LINK: Depot Square affordable housing building officially open The much anticipated Depot Square affordable housing project in downtown Driggs officially opened its doors last Thursday and was celebrated by many officials and builders alike. The building is home to 34 residential units (1,2, and 3-bedroom units, 30 of which are limited&hellip;<\/p>\n","protected":false},"author":2,"featured_media":2145,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Depot Square affordable housing building officially open - Northwest Real Estate Capital Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.nwrecc.org\/depot-square-affordable-housing-building-officially-open\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Depot Square affordable housing building officially open - Northwest Real Estate Capital Group\" \/>\n<meta property=\"og:description\" content=\"[vc_row][vc_column][vc_column_text]By &#8211; Connor Shea LINK: Depot Square affordable housing building officially open The much anticipated Depot Square affordable housing project in downtown Driggs officially opened its doors last Thursday and was celebrated by many officials and builders alike. 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