In 1997, the business atmosphere in Coeur d’Alene was a bit sluggish. So city officials did something about it. Inspired by the Local Economic Development Act, passed by the state legislature in 1988, the city in 1997 formed an urban renewal agency to jump-start the economy. Originally known as the Coeur d’Alene Urban Renewal Agency, the agency decided to assign a DBA, Lake City Development Corporation (LCDC) in 2001. The DBA name was changed to ignite cda in 2015 to more accurately reflect the agency’s mission.
To ensure success, board members traveled around the northwest to benchmark other cities’ urban renewal strategies. Coeur d’Alene’s focus was initially to review the depressed downtown. This led to the creation of the Lake District, encompassing the city’s core, midtown and areas bordering Northwest Boulevard.
The group quickly realized there were other areas of the city that could benefit from urban renewal assistance. Heads turned to an old mill site and gravel pit off Northwest Boulevard—the western gateway to the city. What is today known as Riverstone—a thriving live/work/play development—is perhaps one of the biggest success stories to date for ignite cda.
To help revive a portion of that slumbering site, the city created its second urban renewal district, the River District, in 2003. It encompasses a 363-acre area between Interstate 90 and the Spokane River, extending from Riverstone to the city of Huetter. Ignite cda reimbursed the developer for infrastructure improvements required to make the development possible.