Civil and Municipal - Jan 2024

entertainment but pillars of economic strength.” Caldwell is at the forefront of a remarkable trajectory, recognizing that rapid growth presents challenges that need thoughtful solutions. Jenkin says. “Back in 2010, we had 46,237 residents and in 2022 we jumped up to about 68,000 and that’s about a 45% increase.” Planners project 50% job growth over the next decade. PEG Companies, a full-service real estate investment firm based in Provo, Utah, closed on a 40-acre parcel of land to develop 419 build-for-rent residences in Caldwell. “We are pleased to support this exciting project,” says Jenkins. PEG will roll out the $150 million project in multiple phases over the next three years. It will have one- , two-, and three-bedroom patio homes and duet townhomes. 107 CIVIL AND MUNICIPAL VOLUME 5, ISSUE 01 CALDWELL , IDAHO—CANYON COUNT Y