/verb/ grow or cause to grow and become more advanced, mature, or elaborate
SERVICES
Land Acquisition & Entitlement
We have reliable contacts throughout the Boise, Idaho Metro area which allow us to find the site that fits your requirements. Our experience allows for an expedited development and land acquisition process for our clients.
Design
FS One has long been working with the best architects and engineers, which allows us to convert your concept to a finished design easily. Our experience leads to an asset that provides for a high-quality finish and maximum use of space at a cost that allows our partners to achieve their financial objective in the projects they are involved in.
Project Construction
Management
We provide full construction services for your property from initiation to completion. We are proud to offer turn-key services to our clients that include procurement of land, zoning, land improvements, survey and engineering services, such as water features and utility installations.
ABOUT
Our mission at FS One Development is to find and complete real estate projects that offer our partners significant opportunity with manageable risk. We ascribe to the thought that it is better to bat for a high average than for power. Your risk is our risk and we want to win while minimizing both!
We are a privately-held real estate development, property management, and construction services firm. We collectively have more than 100 years of real estate, finance and development experience. We have successfully developed a wide range of commercial and residential projects, including offices, industrial, medical, and retail centers. FS One provides solutions for equity partners looking to participate in real estate and business opportunities that have significant potential.
FS One has established a strategy of pursuing opportunistic real estate investments in the greater Boise, Idaho metropolitan area, and some select out of state projects. We have an entrepreneurial win/win approach to everything we do. We love to help clients acquire, develop, manage, and operate real estate assets. We are dedicated to providing a disciplined investment approach that focuses on ground-up development and repositioning opportunities. We do everything we can to minimize the risks by utilizing investment strategies that focus on the correct property acquisition, location, and attributes that provides a winning development.
PROJECTS
RV Parks
Center Point Rv Park
Nampa, ID
OPENED: August '21
River point RV Park
Ontario, OR
Opened: December '21
Ponderosa RV Park
Burley, ID
Ground Break:
Fall '23
Sun Creek RV Resort
Caldwell, ID
Coming
Spring 2024
Cedar Point RV Park
Cedar City, UT
Ground Break:
SPRING 2024
MultiFamily Housing
LATITUDE 40
BOISE, ID
Now Leasing
LATITUDE 42
TWIN FALLS, ID
NOw Leasing
Latitude 96
CAldwell, ID
Coming soon
STORAGE FACILITIES
LIFE STORAGE
GILBERT, AZ
OPENED: JULY 2020
CANYON GATE Storage
JEROME, ID
Coming Spring
2024
Ponderosa Storage
Burley, ID
Ground Break:
Spring '24
Peoria Storage
Peoria, AZ
Ground Breaking
Spring 2024
Office Buildings
Gala Office
Meridian, ID
OPENED: Spring '19
Ustick / Eagle
Medical Office
Coming Soon
Sky Ranch Medical
Caldwell, ID
OPened September
2023
BellTower Office
Meridian, ID
Coming SOON
PREVIOUSLY COMPLETED
HYATT HOTEL
SCOTTSDALE, AZ
OPENED:
MARCH 2021
REDHAWK SQ.
KUNA, ID
OPENED:
FALL 2021
OTHER
projects
PREVIOUSLY
COMPLETED
WHO WE ARE
Michael Fife, Partner, received a General Science Associates degree with an emphasis in architecture at BYU Idaho in 1995. Following his schooling he decided to go into business for himself. He spent five years as a general contractor in Utah (Salt Lake Market) building custom homes, light commercial buildings, marketing and raising capital for an innovative building system (Votco).In 2000 he moved to the Treasure Valley and has owned and managed a number of successful businesses. One of those businesses is a financial planning firm (GM2 Success) which he has owned and operated for 15 years as the principal. Additionally, he has built custom homes and owned and operated multiple locations for a national exercise firm (Curves for Women). Mike has developed extensive skills over the last 25 years in deal structure, raising capital, and executing on business and real estate opportunities.
Michael Fife
Kenneth Firmage, Partner, has spent the majority of his career in consumer-packaged goods sales and management for a number of large food and drug companies including Kraft, Sara Lee, Schering-Plough, Sunrise Growers and PetIQ. He has served in a variety of sales and management roles in those companies. Additionally, for five years Ken was an owner and founder together with Rod Lamm of Diamond Homes and Diamond Development in the Boise, Idaho Metro Area. The company builds high end custom homes and was involved in the development of residential homes communities in the Treasure Valley. Ken’s home building and development experience together with his managerial and marketing skills play an integral role in the strategic vision and executional details at FS One. He holds a BA in Advertising and Communications from Brigham Young University in Provo, Utah and attended Westminster College’s MBA program in Salt Lake City, Utah.
Kenneth Firmage
Scott Stewart
Scott Stewart, Partner, has successfully developed, owned and managed several retail centers, office developments, and mixed-use projects (including hospitality) in Southwestern Idaho. His diversified education and experience in both the financial and analytical aspects of real estate development are a key asset to the partnership. In addition, his practical approach to total project management in areas like lease-up, marketing, operations and property disposition, have played a major role in the success of these projects. Scott’s vision and ability to see future needs in the marketplace lead to the creation of two new business centers in the greater Boise area. He holds an MBA from San Diego State University and a BS in Business Management (Finance) from Brigham Young University.
Paul Hilbig has been in the real estate business since he started managing apartments while studying Portuguese and Business Management at Brigham Young University. In 2005 he graduated with honors from the University of Texas with a masters degree in real estate development. Since then Paul has used his skills to identify, analyze and negotiate both residential and commercial land purchases totaling over $200,000,000. He has a keen eye for detail and is able to creatively and efficiently develop projects from the “back-of-the-napkin” stage all the way through to construction completion. Paul enjoys working with engineers, architects, planners, banks and construction teams in order to successfully entitle and manage developments around the country. He is married and has three sons and a daughter. When not at work Paul can be found playing soccer, surfing and skiing as well as serving in his church and community.
Paul Hilbig
CONTACT
Contact Us
Corporate Office
