New Developers Acquire Stalled Meridian Station Project

Union 93 development in downtown Meridian, Idaho to be revived under new ownership

Apr. 12, 2026 at 2:03pm

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A stylized, isometric 3D digital illustration depicting a cluster of modern, geometric residential and commercial buildings arranged around a central public plaza, representing the planned redevelopment of the Union 93 site in downtown Meridian, Idaho.A conceptual rendering of the reimagined Union 93 development in downtown Meridian, Idaho, envisioned to transform the long-vacant site into a vibrant, mixed-use urban hub.Meridian Today

A long-stalled mixed-use development in downtown Meridian, Idaho, known as Union 93 or previously Meridian Station, has been acquired by local developer Tommy Ahlquist and his team. The property, which was sold at auction for over $6.7 million, was originally envisioned as an urban hub with 360 residential units, office space, and retail areas, but faced significant delays and financial disputes that led to foreclosure. Ahlquist, who previously assisted in the redevelopment of Boise's original 'Boise Hole', now plans to reimagine the site with a new residential-focused vision.

Why it matters

The acquisition of the Union 93 property marks a significant transition for downtown Meridian, moving the area from a period of legal and financial stagnation towards the realization of the original goal for a vibrant retail and residential center. Local businesses are excited to see progress being made on the long-vacant site, which had become an eyesore in the community.

The details

The Union 93 development, previously known as Meridian Station, was originally envisioned as a mixed-use project featuring 360 residential units, office space, and retail areas. However, the project faced significant delays due to financial disputes and liens totaling more than $20 million, eventually leading to foreclosure. The site had remained unfinished for four years. Under the new ownership of Tommy Ahlquist's team, the plan now involves residential development situated above finished podium parking, with potentially three buildings - two integrated into existing progress and one new ground-up construction that could become the tallest in the project.

  • The Union 93 property was sold at auction in April 2026 for over $6.7 million.
  • The original Meridian Station project had been stalled for four years prior to the sale.

The players

Tommy Ahlquist

CEO of Ahlquist, a local development company. Ahlquist previously assisted in the redevelopment of the original 'Boise Hole' more than a decade ago and is now applying a similar approach to reimagine the Union 93 site.

Wayne Martin

Owner of Level Up Lounge and Las Calaveras, two downtown Meridian businesses. Martin stated that local businesses are excited to see progress being made on the long-vacant Union 93 site.

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What they’re saying

“It's got a lot of challenges, but there's a reason it was planned for there to begin with. We're just excited to come in and imagine what it could be.”

— Tommy Ahlquist, CEO of Ahlquist

“Local businesses are excited that progress is finally being made on the site.”

— Wayne Martin, Owner of Level Up Lounge and Las Calaveras

What’s next

The new development team plans to integrate two existing buildings into the project and construct a third new building, which could potentially become the tallest structure in the Union 93 development.

The takeaway

The acquisition of the long-stalled Union 93 project marks a significant turning point for downtown Meridian, as the area transitions from a period of legal and financial challenges towards the realization of the original vision for a vibrant, mixed-use urban hub featuring residential, retail, and office spaces.