Skip to main content
You have permission to edit this article.
Edit

Fisher's Technology Unveils Historic Building Renovations

  • Updated
  • 1
Fisher's Technology

People stand outside Fisher's Technology's newly renovated building in downtown Twin Falls. 

TWIN FALLS | The old Coca-Cola building in downtown Twin Falls was on the verge of being demolished when Fisher's Technology purchased the building for $1 last year. 

After a public call for proposals, the Twin Falls Urban Renewal Agency approved the sale of the 6,250-square-foot building at 242 Second Ave. S. to Fisher's Technology. In return, the company had to invest about $300,000 in improvements and renovations to the historic property and its adjacent parking lot. Under Idaho law it is legal to sell property to a company for $1, if the company invests more than the property’s appraised value.

When all is said and done, CEO Chris Taylor estimates his company will have invested more than $5 million in the building.

"We wanted to show our commitment to downtown," said Chad Bertoni, vice-president of Fisher's Technology. 

Fisher’s provides office technology, software solutions, internet technology and related services. The company also has locations in Boise, Idaho Falls and Rexburg. The company has 90 employees in Twin Falls. 

Fisher's Technology moved to Twin Falls four years ago and leased space on Blue Lakes Boulevard North. 

"We outgrew it almost day one," Taylor said. 

The downtown building is three times bigger than the leased space. 

"It has so much character and people are coming downtown. It's gaining energy," Taylor said. "That's why we chose this building, because it was dilapidated and almost falling down."

Thursday afternoon was the first time the building was unveiled to the community. A ribbon cutting was held Thursday along with drinks, food and music. A grand opening is planned for Aug. 27. 

"You did a wonderful job. I'm so pleased," Nancy Taylor, chairwoman of the Historic Preservation Commission told Taylor Thursday. 

The historic red brick building still features original window panes that were once boarded up and a garage door where the Coca-Cola trucks used to park to load products. 

The URA bought the 1928 building in 2000. The property has been mostly vacant since 2010.

As renovations began, one problem gave way to several unknown ones. When the roof was removed, Taylor said, they discovered the front wall was on the verge of falling down. It wiggled when touched.

Melinda Anderson, executive director of the Urban Renewal Agency, said the building would have been demolished if not purchased by Fisher's Technology. 

"This is the reason the URA was created. We couldn't do it without private partners," Anderson said. 

In 2012, the URA struck a similar deal with Glanbia Foods Inc. and Uptown Developers LLC. It led to Glanbia’s three-floor headquarters and cheese innovation center, a $15 million capital investment in downtown. The project brought 150 employees into the the area and led to more than $1 million in city infrastructure investments to support Glanbia and future development. 

In April, the URA approved GemStone Climbing & Fitness' plans to construct a 17,000-square foot climbing facility at 135 Fifth Ave. S. in downtown Twin Falls. 

The property, which was owned by the URA, had been vacant for more than 10 years. GemStone owners proposed to build a $1.5 million dollar climbing and fitness facility that would open in 2016. The 10,000 square foot property is valued at about $40,000.

0
0
0
0
0

Get local news delivered to your inbox!

* I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy.

Related to this story

Most Popular

The Magic Valley's official start to the Christmas season is here: The 2021 Festival of Lights Parade, presented by First Federal and hosted by the Times-News, is today.

Get up-to-the-minute news sent straight to your device.

Topics

News Alerts

Breaking News