Monday, June 1, 2020
Silver River Place Seeks to Offer Solution to Lack of Workforce Housing
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Those involved with the ground breaking wore face coverings, in keeping with the effort to curb the coronavirus pandemic, as they shoved their shovels into the ground at River and Silver streets in Hailey. PHOTO: Kiki Tidwell
 
Monday, April 27, 2020
 

STORY BY KAREN BOSSICK

PHOTO BY KIKI TIDWELL

Ground was broken this week for a 16-unit apartment building in Hailey called Silver River Place that seeks to provide a modest rent market solution to the lack of worker housing in the valley.

As envisioned, the project, located at Silver and River streets, will have modest rents. Some apartments will be smaller studios to provide an even more affordable option.

The building also seeks to be environmentally friendly, as it will be all-electric and energy-efficient with solar panels on the roof, battery storage and a community garden. It will also have covered parking and storage units.

The consortium behind the building is comprised of Kiki Tidwell, who is running for the Blaine County Commission in November’s election; painter Gary and Carol Poole, architects Susan Scovell and Rebecca Bundy and local builder Paul Conrad.

Tidwell, a long-time impact investor, wanted to demonstrate that housing could be successfully built in areas recently rezoned in Hailey for higher density. She also wanted to show other investors that there are opportunities in the Wood River Valley to achieve investment financial returns along with social goals “mission” returns.

Scovell has donated work pro bono to several non-profits, most recently, the Men’s Recovery Center.  She is working efficiently to keep architectural fees to a minimum on this project as her contribution to affordable housing. Bundy has contributed her expertise in sustainable and energy efficient design.

Paul Conrad, a longtime builder in the valley, is striving to design a building that maximizes construction efficiencies to keep rents as low as possible.

Gary Poole owns a painting business and was keenly aware of how difficult it is to attract workers without an array of housing options that fit worker salaries. He and his family have long owned the land and had hoped to provide such a building for the community.

Tidwell said she believes the building will provide a fair deal for residents, not only because of its modest rent but because of low electrical bills and amenities like storage units and covered parking.

 

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