Urban renewal agency ignite cda is considering $2.5 million funding request from North Idaho College and two partner universities that want to build a joint student services facility. As currently envisioned, the building would be two stories and have 40,000 square feet of floor space. It would be located at the corner of Hubbard Avenue and College Drive. The anticipated project cost is approximately $9.5 million, and the schools want ignite to fill, or at least help fill, a funding gap of $2.5 million. To be called the North Idaho Collaborative Education Facility, it’s a joint project between NIC, Lewis-Clark State College and the University of Idaho/David Cole, Coeur d'Alene Press. More here.
Question: Is this a worthy project for urban renewal agency funding?