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HomeMy WebLinkAboutKellySchnebly_Support_LateExhibit Boise 755 W. Front St. Ste. 300 Boise, ID 83702 208 345 9000 colliers.com/idaho Nampa 5700 E Franklin Rd. Ste. 100 Nampa, ID 83687 208 472 1660 Twin Falls 205 Shoshone St. N. Ste. 201 Twin Falls, ID 83301 208 910 2006 Pocatello 2043 E. Center St. Pocatello, ID 83201 208 951 2100 June 14, 2026 Subject: Soterra Subdivision – Rezone and Development Agreement Modification Dear Commissioners, Council and Staff: I am writing in support of the proposed partial rezone and modification to the Development Agreement for the Soterra Subdivision. As a commercial real estate broker specializing in retail and commercial development throughout the Treasure Valley, I believe the proposed changes represent a practical and market-responsive approach that will create a more successful long-term development pattern for this property and the surrounding community. From a commercial real estate perspective, the viability of retail and service commercial development is heavily influenced by site access, visibility, traffic patterns, and surrounding demographics. While the property has frontage along Ustick Road, it does not benefit from the characteristics typically associated with successful larger-scale commercial development. The site has only one full-access point from Ustick Road and is not located at a major signalized intersection where retail uses generally achieve the highest levels of customer access and visibility. Given these constraints, reducing the amount of commercially zoned land while retaining smaller commercial pads is an appropriate adjustment that better aligns the zoning with market realities. The proposed commercial area remains sufficient to accommodate neighborhood-serving uses that would complement the surrounding residential development, such as a fitness center, daycare facility, medical office, professional services, or similar low-impact commercial uses. These types of businesses provide valuable amenities to nearby residents while generating significantly less traffic than larger retail centers or regional commercial developments. The proposed modification also recognizes current market conditions and development trends. Across the Treasure Valley, there is strong demand for housing and increasing interest in walkable, neighborhood-oriented commercial services rather than larger commercial centers in locations with limited access. Concentrating commercial development into smaller, more targeted sites while expanding residential opportunities is likely to result in a more successful and sustainable project that better serves future residents and the broader Caldwell community. This is supported by the developer’s survey of nearby residents, who primarily hoped to see a restaurant or café and small retail stores, with very little support for a large commercial project. Boise 755 W. Front St. Ste. 300 Boise, ID 83702 208 345 9000 colliers.com/idaho Nampa 5700 E Franklin Rd. Ste. 100 Nampa, ID 83687 208 472 1660 Twin Falls 205 Shoshone St. N. Ste. 201 Twin Falls, ID 83301 208 910 2006 Pocatello 2043 E. Center St. Pocatello, ID 83201 208 951 2100 For these reasons, I respectfully support the requested partial rezone and Development Agreement modification for the Soterra Subdivision and encourage the City Council to approve the application. Thank you for your consideration. Sincerely, Kelly Schnebly Partner, Retail Brokerage Colliers Kelly.schnebly@colliers.com / 208-598-6878 Sincerely, Kelly Schnebly Retail Brokerage Services, Partner Colliers Idaho