New development breaks ground in Idaho Falls

IDAHO FALLS, Idaho (KIFI) - Helu Development broke ground on a new apartment building in Idaho Falls on Thursday.

The complex will house 99 units for residents 55 or older. Developers expect the project to be ready for lease in the fall of 2023.

"We're excited to assist these people as they transition to the phase of life where they stay active and have a home for family and friends," said Helu Ceo Jay Minnick. "We're so impressed with everyone we worked with here in Idaho Falls. We feel honored and blessed to be a part of another great community."

This is Helu's second development in both Idaho Falls and the state of Idaho.

Helu Chief Operating Officer Taylor Bassett said Idaho is the market every developer wants a piece of.

As for Thursday's project, developers said they were proud to provide a place where people can spend their retirement years.