In a recent meeting of the Idaho Falls City Redevelopment Agency, key discussions centered around the boundaries for redevelopment projects and the economic feasibility of the River Walk initiative. The meeting, held on July 17, 2025, provided insights into the agency's strategic planning as it seeks to enhance the city's development landscape.

One of the primary topics addressed was the eligibility study boundary for redevelopment areas. Megan, a key participant in the discussion, clarified that while the revenue allocation area boundary can be adjusted to be smaller than the original district boundary, it cannot be expanded. This flexibility allows the agency to tailor boundaries based on projected development timelines and property values. The agency aims to ensure that the boundaries reflect areas that are likely to develop within the next 20 years, which could lead to more effective resource allocation.

The meeting also included the approval of task order number 12, which focuses on preparing an economic feasibility study for the River Walk project. This initiative is designed to enhance the waterfront area along the Mountain Canal and is expected to include a new hotel. The feasibility study will assess potential tax revenues generated by the hotel and determine if these funds can support necessary infrastructure improvements, such as rock blasting for construction.

Both discussions highlight the agency's proactive approach to urban development and its commitment to ensuring that projects are financially viable and strategically sound. The unanimous approval of task orders indicates a collaborative effort among agency members to advance these initiatives.

As the agency continues to refine its plans, the next steps will involve further discussions on boundary adjustments and the outcomes of the feasibility study, which will be crucial for the River Walk's future development. The agency's ongoing efforts reflect a broader commitment to enhancing Idaho Falls' urban environment and economic vitality.