downtown spokane blog

February 27, 2006

 

The Condo Blitz

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An article in a January Issue of the Inlander explored the condo craze in downtown Spokane. Below are some highlights from what developers are working on for downtown housing.
[The Inlander]
  • Over the next 15 to 20 years, Idaho developer Marshall Chesrown plans to scrape clean 77 acres on the northern bank of the Spokane River downtown and almost single-handedly construct the staggering 2,600-unit neighborhood of Kendall Yards, replete with condos, apartments, single-family houses, mixed-use and commercial buildings. The first buildings could appear as early as the end of this year.
  • West Coast Hospitality's Don Barbieri is building a 32-unit suite of luxury condominiums near the Flour Mill with sixth-story, river-view penthouse suites that cost $1.1 million dollars — and they're already sold out.
  • That big, ugly, hulking building across from River Park Square? If downtown developer Ron Wells has his way, his renovations will be alive with retail shops, a 24-Hour Fitness operation and 21 way-upscale lofts by next summer. Wells also his hand in a set of townhouses near Carnegie Square, in a 31-unit building near the eastern end of downtown and in a bid-off for the much-maligned Rookery Block.
  • And just this last Saturday, Tomlinson Black CEO Dave Black and two partners announced plans to turn the Ridpath Hotel's Executive Court into 50 condos and sell them all for under $200,000.

Full Article: Here Comes The Neighborhood