Boise State, Boise Church of Christ Reach Compromise
Boise State University is purchasing a parking lot on the corner of Denver and Belmont streets from Boise Church of Christ. The parties have engaged in extensive negotiations, which began in late 2017 and have concluded this month when the parties finally reached a compromise.
The lot is among the last pieces of property to be acquired by the university along the south edge of campus between Lincoln, Denver, University and Beacon. Boise State has had this area in its Campus Master Plan for future expansion for more than 40 years.
Boise Church of Christ purchased the lot along with the property that today houses the Biblical Studies Center in 1972.
Boise State officials said they were grateful to church leaders for helping to craft an agreement that will serve the university, the church, students, the city and the neighborhood for many years to come.
Boise State, Cotner Properties and Investment Reach Compromise Regarding Land Acquisition
Boise State University is acquiring a four-plex on Beacon Street from Cotner Properties and Investment LLC. None of the units are occupied.
The lot is among the last pieces of property to be acquired by the university along the south edge of campus between Lincoln, Denver, University and Beacon designated by the Boise State Campus Master Plan for future expansion.
Mr. and Mrs. Cotner are the owners of Cotner Properties and Investments LLC. They are both Boise State graduates, life-time alumni and football season ticket holders.
Boise State officials said they acknowledge that acquisitions of private property for a public purpose can derail the owner’s plans for the property, and that they appreciate that Mr. and Mrs. Cotner were willing to negotiate with them to find a compromise acceptable to both sides and allow for the university’s future growth.