Helu Capital Develops the Pioneer Crossing Apartments in Idaho Falls
Here is for Helu: Helu Development is a full-service building and development company. Headquartered in Draper, UT, the company was founded in 2020 to develop multi-family projects, and now they’re currently developing The Pioneer Crossing Apartments at Idaho Falls.
FOR IMMEDIATE RELEASE
Draper, UT, Nov 7, 2021 — Have you ever wanted to live a few minutes away from Idaho Falls? It’s your lucky day! Meet Pioneer Crossing, the new apartment complex in Idaho Falls developed by Helu Capital that’s just a couple miles away from the 20 acres SunnySide park. Interested people will be able to pre-lease as soon as next year. The Pioneer Crossing Apartments at 3040 South Fork Boulevard across from the Holiday Inn will start pre-leasing in the fall of 2022.
Among the qualities of the apartments, there will be a large clubhouse and the amenities include a pool, hot tub, fire pit, workout facility, a dog park, and more. Their square footage will range anywhere from 600 to 1,100 square feet per unit, the units will not be furnished but will have a washer and dryer installed. There will be one-bedroom, two-bedroom, and three-bedroom units available. The lucky owners will be able to enjoy the best burger joint in Idaho Falls, Burger Theory, that’s just across the street, having also a Costco 10 minutes away and 25 from Bear World.
As Jay Minnick, the CEO and President of Helu Development says about this project: “Pioneer Crossing is being designed and constructed to cater to the growth of Idaho Falls. It will be one of the first things residents see when driving through Idaho Falls and we have made sure the design and feel to the community represents the city well. We are very fortunate and excited to have been able to do this deal with such awesome partners”.
Local residents Matt Morgan and Shane Fleming have master-developed Jackson Hole Junction, providing more jobs and growth to the area. Jackson Hole Junction has already completed a hotel with another on the way, and a dealership being developed just south of the property. Idaho Falls has seen a growth of 18% in a one-mile radius of the development in the last 10 years and expects another 9% in the next 5 years. And because of the additions of Costco and an Amazon Warehouse and Distribution Center, Idaho Falls’s growth isn’t expected to slow down in the years to come.
Pioneer Crossing is being developed by Helu and overseen by Helu’s Directors of Development and Construction, Jeffrey Grigg and Tyson Bowden. Helu Development is a full-service building and development company headquartered in Draper, UT, the company was founded in 2020 to develop multi-family projects. Helu has vast experience with developing and constructing multi-family projects. Their portfolio of experience includes the development of 6,000 multi-family units across the Wasatch Front valued at over a billion dollars. Their owners have 30+ years of experience in property management involving over 30,000 units that span the country, leading them to best practices in managing the assets to increase net operating incoming and therefore value of the property.
Find out more about HELU’s team and experience on https://www.helucapital.com/about/ and learn more information about their Pioneer Crossing Apartments.
Name: Jay Minnick
Organization: Helu Capital
Address: 856 E 12300 S, Suite 5, Draper, Utah, 84020