Agent Entrepreneurs Dec 2015 | Page 7

buildings quickly, and sell them,? Brown says. ?At LocalConstruct, we project a 30-year hold on any building we buy or build, and it?s rare that we ever sell. We tell our design teams we want timeless architecture, we want something that uses natural materials that are native to the area, and we want to build a building that will stand the test of time.? MIKEBROWNANDLOCALCONSTRUCT BUILDAREPUTATIONFORQUALITY Mike Brown is co-president of LocalConstruct, a real estate development company that gained attention in Boise for its renovation of the aging Owyhee Plaza Hotel. The Owyhee, as it?s now known, is a modern mixed-use building ? apartments plus office, retail, meeting and banquet spaces ? that retains the historic architecture of the original structure. It?s a great example of what LocalConstruct wants to add to the Boise market: urban housing options with high-quality finish levels in the downtown core. In 2011, Brown and Lynch visited Boise and recognized that the downtown core was ?on the cusp of becoming a 24-hour urban place.? There were already great shops and restaurants, a vibrant nightlife and cultural scene ? downtown just needed housing. It was about that time that developer Clay Carley approached LocalConstruct about the heavy rehabilitation needed for the Owyhee. Brown and Lynch were intrigued by the challenge of turning an old hotel into a modern apartment building. They completed the project in 2014. Their next project is The Fowler, a 159-unit mid-rise apartment building on 5th Street between Myrtle and Broad. Close to grocery stores, restaurants and Old Boise, it?s good multi-family ground. It was also the original location of several historic homes, so LocalConstruct