Capital City Development Corporation

What Capital City Development Corporation does

Capital City Development Corporation (CCDC) is Boise, Idaho's quasi-governmental urban redevelopment agency, established in 1965 and operating under the authority of a nine-member Board of Commissioners appointed by the Mayor and confirmed by City Council. CCDC manages six urban renewal districts — River Myrtle-Old Boise (1995), Westside (2001), 30th Street (2014), Shoreline (2018), Gateway East (2018), and State Street (2021) — with sunset dates extending to 2042. The agency functions primarily as a tax increment financing (TIF) authority, capturing the property tax increment between base and current assessed values to fund public improvements and developer partnerships within district boundaries. Its River Myrtle-Old Boise District alone generated $13.7M in annual increment revenue in 2025, building from a $120M base in 1995 to $1.56B in cumulative increment value.

CCDC's core offerings are organized around three product lines: (1) the Participation Program, a tiered (Type 1–4) public-private partnership framework providing reimbursement to private developers for eligible public improvements such as streetscapes, utilities, and infrastructure upgrades; (2) ParkBOI, a wholly-owned subsidiary operating six downtown Boise parking garages with 3,179 public parking stalls serving approximately one million visitors annually, supported by the CARMA customer account software launched in August 2024 and operated under contract by The Car Park; and (3) the Capital Improvement Program, a five-year plan coordinating intergovernmental infrastructure projects with Boise Public Works, ACHD, and Valley Regional Transit. Revenue is generated through TIF captures (recurring tax revenue), hourly and monthly parking fees (transaction and subscription), and developer reimbursement agreements that function as managed-service partnerships.

The agency serves a hybrid customer base spanning private real estate developers (e.g., Alliance Realty Partners, Hendricks Commercial Properties, Subtext), affordable and workforce housing developers (e.g., Pacific West Communities, with LIHTC financing through Idaho Housing and Finance Association), industrial and manufacturing firms (e.g., AZEK Boise Manufacturing, Red River Logistics), city and county government agencies, and approximately one million annual ParkBOI consumers. CCDC employs roughly 20–30 staff including Executive Director John Brunelle (retiring September 2026), with the most recent strategic activity including the September 2025 sunset of the River Myrtle-Old Boise District, an August 2024 land exchange with the Treasure Valley YMCA, and a January 2026 $1.7M commitment to the Trenton Revitalization Investment Fund (T-RIF) — its first documented capital deployment outside Boise.

Name

Capital City Development Corporation

Legal name

Capital City Development Corporation

Website

https://ccdcboise.com

Company type

Private

Founded year

1965

Operating status

Operating

Headcount range

11–50 employees

Short description

Capital City Development Corporation is Boise, Idaho's quasi-governmental urban redevelopment agency managing six urban renewal districts through tax increment financing, the Participation Program for public-private developer partnerships, and ParkBOI, a six-garage downtown parking system serving one million annual visitors.

Ownership category

akta.pro rank

Product category

Urban Redevelopment Services

NAICS

Administration of Housing Programs, Urban Planning, and Community Development (925), Administration of Urban Planning and Community and Rural Development (92512), Administration of Housing Programs, Urban Planning, and Community Development (9251), Administration of Urban Planning and Community and Rural Development (925120), Administration of Housing Programs (925110)

SIC

Investors, Nec (6799), Non-Operating Establishments (9995)

akta.pro primary industry

Urban Renewal, Brownfield Redevelopment & Land Reuse (BPAIANAI)

akta.pro secondary industries

Community Development & Neighborhood Revitalization (CDBG, Place-Based Initiatives) (BPAIANAE), State/Provincial Housing, Urban/Regional Planning & Community Development (BPAIABAM)

Keywords

• Urban redevelopment services
• Tax increment financing
• Public parking management
• Public-private partnerships
• Urban renewal districts

Headquarters

HQ city

Boise

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Tax Increment Financing (TIF): CCDC captures property tax increment revenue from urban renewal districts to fund infrastructure improvements and development partnerships. Revenue is generated through the difference between base property values and current assessed values within district boundaries.
2. Parking Operations: CCDC owns and operates six parking garages (ParkBOI) generating revenue from hourly/transient parking ($3/hour after free first hour) and monthly contract parking. Approximately one million visitors annually use the parking system.
3. Developer Participation Program: CCDC provides financial assistance to private developers through reimbursement agreements for eligible public improvements (streetscapes, utilities, infrastructure). Developers contribute to project costs, creating shared investment in urban renewal.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Capital City Development Corporation (CCDC) is Boise's official redevelopment agency, operating six urban renewal districts through tax increment financing. The agency's primary offerings include the Participation Program (a four-tiered public-private partnership framework reimbursing developers for eligible public improvements), the ParkBOI public parking system (six garages with 3,179 spaces serving approximately one million visitors annually), and coordinated capital improvement projects across districts in partnership with city and county agencies.

Product overview

Capital City Development Corporation (CCDC) is Boise's official redevelopment agency operating as a public body rather than a technology company. The organization's offerings consist of urban redevelopment programs and physical infrastructure services, not software products. The core offerings include: (1) the Participation Program, which provides development assistance through public-private partnerships with multiple participation types for streetscape, utility, and infrastructure improvements; (2) ParkBOI, a public parking management system with six garages and approximately 3,179 spaces; (3) management of six urban renewal districts with distinct plans and policies; (4) a Capital Improvement Program coordinating projects across districts; and (5) RFP/bid management for development opportunities. CCDC does not offer software products, APIs, or AI-powered solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• CCDC Participation Program CCDC's primary development assistance program offering Type 1 through Type 4 participation agreements with private developers to advance urban renewal and economic development goals. Provides reimbursement for eligible public improvements including streetscapes, utilities, and infrastructure upgrades within Boise's six urban renewal districts. Projects are scored on urban design criteria and district-specific objectives.
• ParkBOI Public Parking System Downtown Boise's public parking system operated by CCDC through a contract with The Car Park, comprising six parking garages with 3,179 public parking spaces serving approximately one million visitors annually. ParkBOI accommodates hourly/transient parking, monthly contracts, E-Permit programs for downtown employees, and EV charging stations.
• Urban Renewal District Management CCDC administers six designated urban renewal districts in Boise: River Myrtle-Old Boise (303 acres, established 1995, sunset September 2025), Westside (50 blocks, sunset September 2026), 30th Street (established 2014, sunset 2033), Shoreline (established 2018, sunset 2039), Gateway East (established 2018, sunset 2039), and State Street (newest, established 2021, sunset 2042). Each district operates under its own urban renewal plan, participation program policies, and capital improvement priorities.
• Capital Improvement Program CCDC's five-year Capital Improvement Plan coordinating capital projects with intergovernmental agencies and private partners. The CIP allocates resources by district to capital improvement projects and participation agreements, serving as the framework for achieving economic and redevelopment goals across CCDC's urban renewal districts.
• ParkBOI Parking Garages Six CCDC-owned downtown Boise parking garages: Capitol & Main (493 stalls), 9th & Main (384 stalls), 10th & Front (536 stalls), 9th & Front (574 stalls), Capitol & Myrtle (340 stalls), and 11th & Front (827 stalls). All garages accommodate hourly/transient customers and monthly contract parking through ParkBOI.com.

Quantifiable outcome

• River Myrtle-Old Boise District generated $1.56 billion in total increment value from $120 million base value over 30 years
• +3 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Boise City Department of Arts & HistorycoreStrategic or Co-development Partner · 1 January 2023Ongoing partnership for public art installations in urban renewal districts. Collaborated on Neon Grove (historic neon sign gallery), Kaixo Corner public space, U.S. Assay Office interpretive pathway, and various streetscape art elements celebrating Boise's multicultural history.
• Boise Parks and RecreationcoreStrategic or Co-development Partner · 1 January 2022Type 4 partnerships for public space improvements including CW Moore Park rejuvenation ($350,000 reimbursement), Kaixo Corner public park at 521 W. Grove Street, and various park enhancements across districts.
• Valley Regional TransitcoreStrategic or Co-development PartnerPartnership for transit station improvements along Main Street and Fairview Avenue. CCDC designed and constructed six raised transit stations with covered shelters, solar-powered lighting, and improved pedestrian-cyclist interface for bus stops.
• Ada County Highway District (ACHD)coreStrategic or Co-development PartnerInter-agency collaboration on road improvements, bike lanes, and pedestrian infrastructure. Joint projects include 8th Street improvements, Bannock Street rebuild, and coordinated infrastructure delivery to reduce construction disruption.
• Boise City Public WorkscoreStrategic or Co-development PartnerCollaboration on West End Water Renewal project, utility upgrades, and infrastructure improvements. City provided $3.2 million funding for lift station and pressurized discharge pipe with 50/50 cost-share with CCDC.
• The Car ParkcoreImplementation/ SI/ Consulting PartnerContract parking operator for ParkBOI system managing six parking garages with 3,179 spaces. Handles daily operations, maintenance, and customer service for public parking facilities.
• Signs of Our TimesminorStrategic or Co-development PartnerNon-profit partnership for Neon Grove project - bringing historic neon signs back to downtown Boise streets as a public art installation celebrating Boise's history.
• Treasure Valley YMCAcoreStrategic or Co-development PartnerLand exchange agreement completed August 2024: YMCA acquired 421 N. 10th Street for new downtown facility while CCDC received 1111 W. State Street (Block 69 North) for future redevelopment.
• Boyer CompanycoreStrategic or Co-development Partner50-year-old Salt Lake City-based real estate development firm owning and developing Boise Gateway Industrial Park (140 acres) in Gateway East District. Ground leased from City of Boise with Boyer managing industrial development.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Denver Urban Renewal Authority (DURA): Quasi-governmental urban renewal agency for the City of Denver, Colorado, using tax increment financing to fund redevelopment projects. Directly comparable to CCDC in mandate, TIF-based financing model, public-private partnership structure, and governance by a board appointed by city leadership.
• Prosper Portland (formerly Portland Development Commission): Portland, Oregon's economic and urban renewal agency, administering TIF districts and development partnerships for downtown and inner-east neighborhoods. Comparable to CCDC in city-charter authority, TIF mechanism, urban renewal district management, and developer participation programs.
• Salt Lake City Redevelopment Agency: Redevelopment agency for Salt Lake City operating urban renewal project areas with TIF-based funding. Closest geographic peer to CCDC in the Intermountain West, with comparable mandate for downtown revitalization, project area administration, and developer assistance agreements.
• Indianapolis Department of Metropolitan Development: Municipal department administering TIF districts, redevelopment commissions, and housing programs for the City of Indianapolis. Comparable to CCDC in managing multiple TIF districts, administering affordable housing programs, and coordinating capital improvement projects across project areas.
• Sacramento Housing and Redevelopment Agency (SHRA): Joint powers authority administering both housing programs and redevelopment activities for the City and County of Sacramento. Comparable to CCDC's combined role managing urban renewal districts and affordable housing partnerships (e.g., CCDC's Housing Land Trust work).
• Pittsburgh Urban Redevelopment Authority: Municipal authority managing urban renewal, housing, and commercial redevelopment programs in Pittsburgh. Comparable in administering multiple project areas, structuring developer participation agreements, and acting as the city's designated redevelopment entity.
• Tacoma Community Redevelopment Authority: Community redevelopment authority administering TIF-funded project areas in downtown Tacoma and surrounding neighborhoods. Comparable in scale, mid-sized city urban renewal mandate, and developer reimbursement programs.

Regional players

• Las Vegas Redevelopment Agency: Municipal redevelopment agency managing TIF districts in downtown Las Vegas and surrounding areas. Comparable in Intermountain/Western US urban renewal mandate but operating in a different metropolitan market than CCDC's Boise focus.

Broad incumbents

• Boston Planning & Development Agency: Municipal planning and development agency for the City of Boston combining planning, zoning, and development functions. Broader mandate than CCDC's redevelopment focus but functionally comparable as a city-chartered economic development authority.
• New York City Economic Development Corporation (NYCEDC): NYC's primary economic development entity managing major real estate projects, infrastructure, and business attraction. Much larger and broader mandate than CCDC but the most prominent example of a city-controlled economic development corporation with comparable TIF-like and developer-partnership tools.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ccdcboise
• Facebookfacebook.com/ccdcboise
• LinkedInlinkedin.com/company/capital-city-development-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Capital City Development Corporation