PROJECTS

Below are projects Twin Falls URA (TFURA) has assisted with since 1989 that have created thousands of new jobs and helped increase the City's property tax base to over $2 billion.

DOWNTOWN PROJECTS 

Between 1994 - 2014 TFURA purchased Old Town property and demolished deteriorated buildings, improved streets and streetscape, installed street lighting and landscaping, installed new decorative signs, provided parking, assisted with façade/building improvement, and repaired infrastructure such as old, deteriorated water lines.  That has led to owners and agencies investing millions of dollars to upgrade their properties.  In December 2012 TFURA hired JUB Engineering to assess the Old Town infrastructure as it is more than 100 years old and deteriorating.  

            In 2009, TFURA approved developing a parking lot to support employees of St. Luke’s Old Town Office to be housed at the former Crum Electric building at 3rd Ave. S. and Hansen.  The City received $498,000 in block grant funds to develop parking lot, landscaping, lighting, sidewalks, alley paving, and new water line. They opened their doors in May 2010.  Over $1 million dollars was invested in the building. 

The Main Avenue Area Redesign Project consists of replacing and upgrading deteriorating infrastructure, including underground utility lines, streets and sidewalks, and landscaping, and side street improvements to enhance the historic district for current and future development and revitalization. The five-block project area is between Fairfield Street and Jerome Street. Currently, final design of the alleyways and utilities is taking place with construction expected to begin in spring 2016. 

In June 2015, Fisher Technology opened their new office at 242 2nd Avenue South. The TFURA formerly owned the 6,250 SF deteriorating red brick warehouse that was built in 1928. Fisher’s invested approximately $500,000 and transformed it into an attractive new office building saving the historical structure from demolition. The renovation included keeping the original window panes and a garage door. 

The Dennis Bowyer Park on 4th Avenue South was completed in May 2014. This pocket park provides green space in the Fourth Avenue South area. The park, located across from Glanbia Foods, will be maintained by the City and the URA will pay the estimated $6,000 annual cost until 2022. 

The TFURA Board purchased the 1908 Rogerson building located downtown at 147 Main Avenue East in September 2014. The building was nearly empty, only housing three tenants (who have since relocated), and needed to be upgraded to current building codes that was estimated in the millions. The site was recommended to become the new downtown commons/fountain plaza in connection with the Main Avenue Area Redesign Project. Communication regarding salvage and demolition are in progress. 

Glanbia opened a 50,000 sf, $15 million headquarters and R&D Center in the heart of Downtown/Old Town in 2013 with 150 employees.  TFURA helped by providing a site, public infrastructure, and public parking at a cost less than $1,250,000. 

 

JOB CREATION 

In 2011, the TFURA had a 1.5 mile water line constructed to increase the amount of water flow to the southeast part of the city to enable redevelopment of industrial property. The $2.1 million SE Twin Waterline route begins at the Hankins Road wells, travels south across Kimberly Road, heads east on Kimberly Road to 3300, then south to stop at Eldridge. The project included a generator for the pumps at Hankins Road and a sampling station. To serve the area growth, the water line along Kimberly Road was increased to 24” and the waterline traveling south on 3300 was reduced to 18”. 

Clif Bar – Pretreatment Facility, Eldridge Avenue Sewer Improvement, Water Tank

            In October 2013, TFURA and the City of Twin Falls signed a development agreement with Clif Bar & Company that would see Clif Bar’s first operator-owned bakery opening here in Twin Falls. Clif Bar will invest $160 million and hire approximately 400 employees over the next few years. Clif Bar will be in production in early 2016. TFURA, the City, and the State of Idaho are investing approximately $25 million in new infrastructure, land acquisition, and site development to support Clif’s operations. TFURA expects to issue a $22 million bond to repay Clif Bar’s short-term loan to TFURA sometime in 2016. The company chose Twin Falls over hundreds of U.S. cities based on Clif’s five aspirations and how closely they fit with Twin Falls. 

Chobani Yogurt

Chobani invested about $450 million ($30 million TIF assistance) into a ~950,000 sf yogurt processing facility and created more than 600 new jobs. The impact of that investment is estimated at more than $1 billion annually.  TFURA issued a $34.5 million bond on Feb. 21, 2013.  The City and State invested an additional ~$8 million into the project. 

C3 Connect – Back Office Company

            Dell closed in January 2010, TFURA acquired the property for less than $768,000 and two months later hosted a visit from C3.  In June 2010, URA signed a 5-year lease (+ extension) with C3.  By November 2010, C3 had ~850 employees. Currently they employ about 600 full-time 

Jayco RV, Inc.

This travel-trailer manufacturer expanded to Twin from Elkhart County, IN in 2005.  TFURA purchased the 150,000 sf Norco building for $1.9 million and is leasing the building to Jayco for the amount of the 10-year note.   A $500,000 block grant was used to write down the cost of the purchase.  TFURA sold the Washington St. property to Jayco in 2012 when the note was paid off as per the development agreement.

In 2006 Jayco purchased a 176-acre parcel on the southeast side of Twin on Hankins Road with the intent of expanding their operations as well as develop a 100-acre industrial park for their suppliers and other manufacturing/warehousing uses.  In 2007 Jayco opened two new buildings and added 250 new jobs on Hankins Road. 

In December 2008 TFURA board approved reimbursing Jayco $525,000 for building Eldridge Road over 5 years.  The City used a $468,000 block grant plus an additional $250,000 to construct a new water line to serve the new Jayco expansion and industrial park. This led to a $10 million investment by Jayco.

In March 2012 TFURA completed construction of a 1.6 mile waterline to increase the amount of water flow to this part of the city so that companies could construct buildings larger than 30,000 sf.  

Dell Corporation

Dell opened their technical support center in 2001 with 200 employees and was up to 700 employees in 2007.  TFURA played a critical part in negotiating the details to complete this transaction.  TFURA invested $500,000 into improving telecoms to the building and is leasing an off-site parking lot to accommodate employee parking.  A $500,000 block grant was used to write down the cost of that lease.  Business Plus also put in $500,000.  Dell invested ~$5 million in building improvements and equipment.  In January 2010 TFURA acquired the site and marketed it for a new tenant. In June 2010 it signed a lease with C3 Connect, a health insurance 3rd party call center. 

Solo Cup (Clear Shield National)

This plastics company expanded to Twin from Chicago in 1996 and created 115 jobs.  TFURA used $1.5 million to assist the company with rail siding and railroad crossing, storm water basin, landscaping, and curb/gutter.  A $500,000 CDBG and $215,000 Business Plus II grant was utilized to help purchase the 17-acre site.  This led to a $10+ million investment by the company.  

Seastrom Manufacturing

This metal-stamping company was recruited from Glendale, CA in 1994 and provided 120 new jobs.  $440,000 in TIF funds were used to write down the purchase of 10 acres, construction of a new road, and curb/gutter installation.  A $350,000 block grant was also used to complete the deal which resulted in a $3 million investment by Seastrom. 

Henningsen Cold Storage

Henningsen invested $10 million into a new facility and added 30 jobs in 1989.  TFURA invested approximately $1.25 million to write-down the purchase cost of 10 additional acres, extension of an access road, and extension of sewer and water lines.  

ConAgra/Lamb-Weston/Universal Frozen Foods

A long-time potato processor in Twin Falls, the company expanded in 1989 and added hundreds of jobs.  The expansion project consisted of new road construction, extended water and sewer lines, and construction of an anaerobic digester.  Block grant funds and EDA funds were also used to construct a new 2-lane bridge over Rock Creek Canyon which allowed the City to vacate Russet Street in front of the plant.

This was a $22.5 million expansion for ConAgra (then Universal Frozen Foods) with only a $2.33 million investment from TFURA.  This expansion had been planned for Park Rapids, Michigan but occurred here due to the assistance provided to them.