downtown spokane blog

December 24, 2005

 

Kendall Yards

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[Spokane Business Journal] "Developer Marshall Chesrown says that if he had 200 completed living units today at Kendall Yards, the envisioned urban village near downtown Spokane that will overlook the Spokane River, he could sell them all in a weekend.

Chesrown’s company, Black Rock Development, plans early next month to submit a planned-unit development application for Kendall Yards, which as currently envisioned will have more than 2,600 living units and 1 million square feet of commercial space. He estimates that the project will have $50 million to $100 million worth of public infrastructure alone, and the project’s total economic impact could be nearly $3 billion.

Chesrown has had meetings with city of Spokane staff about the project and agrees with them on “98 percent” of the requirements. He says the main sticking points are that he wants direct access to Kendall Yards from Maple Street and a better pedestrian crossing and a traffic signal just north of the Monroe Street Bridge, at the east end of the project."

Full Article: Chesrown Bullish On New Plan