Boise-area developer scraps ‘economically unviable’ apartments. Are they onto something?

A Treasure Valley developer is bucking the trend to max out density on a residential development in a Meridian growth hot spot.

Instead, the developer asked the city to pivot away from already-approved apartments in favor of single-family homes, citing difficulty in finding a partner to make the apartments pencil out.

The development, headed by Jim Conger’s Conger Group, had previously been approved by the city for 216 apartments and 62 single-family homes on 21 acres of land on Franklin Road near the Ten Mile Interchange…

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