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Caldwell Boutique Hotel Near Indian Creek Plaza: deChase Miksis Picked

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CALDWELL — Downtown Caldwell, Idaho, is a step closer to a boutique hotel next to Indian Creek Plaza. The Caldwell Urban Renewal Agency board picked Boise developer deChase Miksis as its preferred developer for the Main Street boutique hotel site, just west of Main Street and S. 6th Ave., BoiseDev reported Nov. 5, 2026.
The choice lets agency staff negotiate a disposition and development agreement with deChase Miksis. It is not a final approval to build. Board member and City Council member Chuck Stadick voted against accepting the proposal, according to BoiseDev.
What deChase Miksis proposes
The deChase Miksis proposal describes a boutique hotel of about 73,295 square feet in two buildings, with a restaurant and bar of about 4,300 square feet, a fitness and wellness area of nearly 3,500 square feet, and an outdoor courtyard. The proposal mentions 83 guest rooms, about 14 suites and 69 standard rooms, with room to add more as design moves forward; the company also priced 88-room and 112-room options.
The building would be taller along Main Street and step down toward Indian Creek, with the lobby, restaurant, bar and outdoor dining on the ground floor. A paseo through the building keeps the required walking connection between the Indian Creek bridge and Main Street. Parking would include about 37 on-site spaces, 17 on-street spaces and agreements for spaces at nearby properties.
The team behind the boutique hotel
GGLO, which designed the Tilian Apartments and Indian Creek Plaza, is the architect and landscape architect. Faber Construction would be general contractor, KPFF the structural engineer, and Embarcadero Hospitality Group the hotel operator, according to the proposal. deChase Miksis also developed the Tilian next door and the 21st Avenue Hotel near the Canyon County fairgrounds.
Funding and timeline
How the hotel would be paid for is still open. deChase Miksis estimated total investment at $24.6 million for an 88-room hotel and $30 million for 112 rooms, BoiseDev reported, and both proposers told the board their projects would need public funding. City Attorney Mark Hilty said board members can't commit city money, and that without a funding path an agreement likely wouldn't come together.
If an agreement is reached, the company expects about three months to finalize it, then 12 months of design and permitting. Construction could start in June 2028 and finish in summer 2029. The project would still go through Caldwell's normal planning and zoning, site development and engineering review. The board's Oct. 26 agenda lists the selection.
Living near downtown Caldwell
Indian Creek Plaza hosts Winter Wonderland and events all year. See the Caldwell city guide, browse new home communities in Caldwell like Chestnut Heights and Liberty Springs, check homes for sale in Caldwell, or read about the Highline Industrial Park approval and more Caldwell growth news. Thank you for reading Treasure Idaho.
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