How much will the developer/owner of Bluebird make?

None of the economics of this project have been disclosed to the public, despite this being a publicly funded project. Ms. Frick of the City staff has called this “a private development on public property" (Dec 2020).


According the City’ FAQs on the project on development costs alone the developer can make up to 15% of the project cost. The norm in Idaho is 8%. They will also make some unknown return as the owner of the project.

11 views0 comments

Recent Posts

See All

A sign strategically placed in town asking for support of Bluebird Village specifically targeting 1% and stating their lack of understanding of affordable housing and how it is the lifeline of a commu

Over the past 10 days, I visited 53 downtown retail businesses located within one and a half city blocks of the proposed Bluebird project. I personally spoke to 38 owners or managers and asked in an i