News

Idaho Stimson site worth $13.25M

August 28, 2008 /

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There is no longer any question about the value of the piece of property that would anchor a higher education corridor in downtown Coeur d’Alene.

The market value of Stimson Lumber Company’s DeArmond mill site property is $13,250,000.

A long-awaited appraisal of the 17-acre parcel was made public at Wednesday’s meeting of the North Idaho College board of trustees by college president Priscilla Bell.

"It was a complex appraisal to complete," said trustee Mic Armon.

By MAUREEN DOLAN
Staff writer

Full Story: http://www.cdapress.com/articles/2008/08/28/news/news02.txt

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