The Idaho Falls City Redevelopment Agency meeting on September 18, 2025, focused on the financial projections and development plans for the Riverside District and surrounding areas. Key discussions included anticipated project costs, revenue models, and infrastructure needs.

Brad, a key speaker at the meeting, presented an overview of the Riverside District, which is expected to generate nearly $600 million in development. This includes approximately $33 million in project costs for the Stank River Landing area and $500,000 for the dealership area, primarily for a pathway bridge. The meeting highlighted the challenges in predicting revenue due to fluctuations in levy rates and city valuations since 2019, exacerbated by the COVID-19 pandemic and legislative changes.

Two revenue models were discussed: a conservative model projecting a 2% annual increase in valuations and a 1% decrease in levies, and a more moderate model anticipating a 5% valuation increase and a 2% levy drop. Both models indicated that the projects are economically feasible, with the anticipated payoff for the dealership area by 2039 and the Stank River Landing area by 2044.

The meeting also addressed the limited infrastructure costs needed to support the development, as much of the necessary infrastructure is already in place. However, significant costs remain for site remediation and developing Riverside, which is currently undeveloped and near the river.

Overall, the discussions underscored the agency's commitment to advancing the Riverside District's development while ensuring financial viability and addressing infrastructure needs. The agency plans to continue refining its financial models and project lists as development progresses.