Sunday, October 25, 2020

Rockwood at Whitworth completes financing for a massive redevelopment in North Spokane

 Rockwood Retirement Communities has successfully completed the second round and final bond financing for the complete re-development of their existing site in North Spokane. The company is already actively converting the property, formerly known as Rockwood Hawthorne, into Rockwood at Whitworth as part of a massive $120,425,000 project that both expands and updates the complex. 

It also marks a new partnership in-between Rockwood and Whitworth University where the two look to promote intergenerational opportunities for residents by giving them discounted courses and privilege's to the library, athletic and preforming arts events at the University. In exchange, Whitworth students will have employment, internship and other intergenerational opportunities with the residents.

The re-development project is being done in phases, where the second bond financing of $81,355,000 will be used to build the second phase consisting of independent apartment homes and common amenities. The project is being completed with a phased approach to allow residents to move into first building, which is scheduled for completion in March of 2021. 

Photos and renderings used are courtesy of Rockwood Retirement Communities.

The first phase, Plavella Glen will feature 48 assisted living apartments and 24 memory support suites. All current residents have chosen new apartments within Plavella Glen and Rockwood is planning a " white glove" move on moving day . They intend to have a hospitality suite set up where residents can relax while the professional movers pack and unpack.

The second phase of construction, which is expected to take about 20 months to complete, will feature 117 independent living apartments and a array of amenities and services, including: Multiple dining venues, Theater, Coffee shop/ smoothie bar, salon/spa, a multipurpose event space, outdoor courtyards, fitness center, underground parking for residents and a bar/lounge. 

"With our first phase of construction nearing completion, it is wonderful to see the future of retirement living becoming a reality. Our second phase, the independent living building is already over 83% pre-sold, which shows there is a great response from the community-at-large to our new vision for retirement living " said Alan Curryer, Rockwood Retirement Communities President and CEO.

Spokane based NAC Architecture and Walker Construction, Inc. are responsible for the project's design and construction, respectively.  For more information on Rockwood Retirement Communities, visit their web site at - http://rockwoodretirement.org

Tuesday, October 20, 2020

New Commercial Building on Aero Rd. fills up in just months, here's what will be opening there...

 New businesses are still wanting to open in Spokane, especially on the West Plains. In July, I ran a small write up mentioning the new strip mall style building that was constructed across from the Petro truck stop at 10509 W. Aero Rd. , not far west of the new Amazon Fulfillment Center ( seen below )

                                  Photo courtesy of Vandervert Developments

Now flash forward just one season and all four bays of the 8000 square foot building have now been leased and construction is now underway for the tenant improvements. These are the businesses that will soon call this new building home-

West Plains Dental

Ombre Nails

Dominos Pizza

Comalito Taquileria

These businesses should be opening after the first of the year. Comalito is one of the more interesting ones as it will actually be a second location of El Comalon Mexican Restaurant, which can be found in the Crosspointe Shopping Center, next to Wal Mart in Airway Heights. 

More development will surely follow in the coming months in this area, so keep watching this site for the most up to date construction and business news in the Spokane area.

New flex building planned near Hwy 41 in Post Falls

                                                       Courtesy photo, looking southwest.

                           INBW staff photo of the build site, looking west.

Construction could begin within the next few weeks for a new 6000 square foot commercial building at the corner of Covington & Regal, near the Hwy 41 / I-90 interchange in Post Falls.  The modern looking building is being built on speculation and could house businesses from a number of uses.

Plans call for 3 bays of space that would be leased out and there are no tenants signed on as of right now. A larger 3000 square foot space would be on the end of the new building, directly at the corner and could even house a restaurant, coffee shop, brewery or similar. The others would be a 2000 and a 1000 square foot space, in addition to on site surface parking.

This project could fill up fast being in a growing area of Post Falls. For more into on the building contact Mike Gorham at 415-602-6669 or mrmgorham@aol.com

Sunday, October 18, 2020

Jumping Jackalope Axe Throwing now open in Downtown Spokane

 A new axe throwing business is now open in Downtown Spokane. That new business is Jumping Jackalope Axe Throwing and we we’re able to check them out this weekend and I can highly recommend it for a fun experience. From date nights to team building to just about any occasion, it’s an awesome experience you won’t soon forget.






Jumping Jackalope is in a recently remodeled space, next door to Garageland at 226 W Riverside. Multiple lanes are available for those wanting to learn about the sport that is gaining popularity in our area. They actually help teach to throw and also have knifes for those wanting to try something new.

Snacks and drinks will be added in the coming weeks as will leagues. Walk ins are welcome, but appointments are also available on their website https://jumpingjackalopeaxeco.com/

Wednesday, October 7, 2020

Permits under review for what is possibly another Amazon Fulfillment Center.

While it’s too early to confirm, our research is showing that there are permit filings for a new building in Spokane Valley that seems to be another Amazon Fulfillment Center.


On the 7th of this month a Portland based architecture firm, called McKenzie filed with documents with the City of Spokane Valley . As proposed in the plans this new building would be huge if built meaning a lot of new jobs.

The plans show a 1,331,766 square foot new construction building to be built soon at the site. It would be located not far from the Spokane Business &
Industrial Park at an address of 17205 E Garland Ave ( newly built roadway near Katerra and Barker Rd. ) .

 So, why does look like Amazon?

Because the building project is listed as “project fireball” and GEG2. This would be a very similar to Amazon’s other Spokane distribution center that is nicknamed GEG1. And, they also are known to use the “project xxx” names before official announcements are made.

We will continue to watch this building project. In addition to a possible Amazon “ delivery center “ on N. Division. So, stay tuned for more...

New restaurant, Little Noodle, to open this month in the Garland District

 Things are changing in one of my favorite Spokane neighborhoods, the Garland District. A new sushi restaurant opened recently near the Garland Theater, an up and coming real estate company is taking over a prime business district location and now a new restaurant is planning to open on the district's eastern side.


Photos are dish examples and are courtesy of Little Noodle, thank you!

Little Noodle is coming soon to the space at 713 W. Garland that is also a seasonal BBQ restaurant called Honey Pig BBQ. A rep. of the new restaurant tells us they have signed a six month lease for the space and will either also operate seasonally or hunt out a more permanent home if they are successful. 

Little Noodle will be both local and chef owned and operated. The menu will be Asian inspired, specializing in Pho, Ramen and Dumplings. They say they'll use prime meats and proteins that will be smoked, " taking the dishes to a whole new flavor pallet ". Additionally they hope to do dim sum and serve beer, wine and sake.

The new restaurant is planning to open on later this month on October 20th and they will offer both dine in and take away. For more information find their pages on social media or on their website at http://littlenoodlespokane.com

Tuesday, October 6, 2020

Construction underway for a new Maverik in Post Falls, more locations also coming to Spokane

 Maverik, the Utah based chain of gas stations and convenience stores is continuing their aggressive expansion into the Spokane and Coeur d' Alene area. The chain is still relatively new for our area and now has a little over a dozen locations here.


INBW staff photos

Construction also kicked off recently for their newest location in Post Falls. This location will be at the corner of Hwy. 41 and Mullan Ave and will be the second store in Post Falls as the company recently opened a location just off of I-90 on W. Pointe Pkwy nearby Cabela's. The new Maverik on Hwy 41 will feature a 4300 square foot convenience store selling common place c-store items in addition to Maverik's own Bonfire Grill brand of hot foods. Additionally 28 parking stalls and 12 fuel pumps will be on the front of the lot along 41. Site work is happening now at the construction site and even some foundation work has already begun.

The new location in Post Falls isn't the end of the new locations coming to our area. This is because Maverik has filed paperwork for one more location in Spokane and two more in Spokane Valley. These locations don't have construction timelines / opening dates but historically Maverik does usually follow through with their building plans in due time. Currently the company is eyeing these sites for locations-

6710 N. Division, Spokane, corner of N. Division and Lyons. The site was once proposed to be a Popeye's restaurant, the restaurant chain has since backed out of the plan to open there.

18525 E. Broadway, Spokane Valley. Originally proposed last year, the site is off of Barker Rd. just south of I-90.

2020 N. Pines Rd, Spokane Valley. Currently a the site is landscaping business just north of I-90.

For more info on Maverik, visit their website at- http://maverik.com


Tuesday, September 29, 2020

Recent commercial real estate transactions

 Here at Inland Northwest Business Watch we are planning to build up the commercial real estate side of our Spokane area business news coverage. And, our first step is a periodic round up of the most recent real estate transactions as they are reported to us. 

Many are not reported to us, so I invite ALL brokers and agents to start sending your info to matt.behringer@inlandnwbusiness.com or the business email inlandbusiness@yahoo.com, this benefits my readers but also your own publicity.


Compassionate Addiction Treatment has leased 15,486 square feet of office space at 112 E 1st Ave, where it is moving from 215 W. 2nd Ave. Mark McLees of NAI Black, and Stephen Barbieri, of Goodale & Barbieri handled the transaction.

Spokane Allergy & Asthma Clinic  Mark Favret of Goodale & Barbieri represented the clinic in the lease of 11,779 square feet in the Rock Pointe Corporate Center.  The space is located at 1330 N Washington St. Suite 4200 in Spokane, additionally Erik Nelson and Craig Soehren of Kiemle Hagood represented Unico Properties ( the landlord ).

Bob Spooner of Goodale & Barbieri represented the landlord on a lease transaction with Eastern Washington University's Early Head Start Program. The space is located at 101 W. Cataldo Ave. Suite 100B 

The Revival recently leased space at 12 W. Pacific in Spokane. Clayton McFarland handled the transaction, The Revival is a Christian Ministry dedicated to serving underprivlaged groups in Downtown Spokane.

Tuesday, September 22, 2020

Ethan Stowell's Tavolata coming to Downtown Spokane

 Seattle based restaurateur Ethan Stowell has announced today that he plans to open a location of his Tavolata restaurant, a popular modern Italian eatery, in Spokane. Stowell says " When the opportunity arose for us to cross the mountains and create an amazing restaurant in such an amazing place, we jumped at it " 

Tavolata will be the anchor tenant of the historic and recently renovated OCH Building at the corner of N. Wall St and Spokane Falls Blvd. in Downtown Spokane. The restaurant will occupy a 5,000 square foot space that had been vacant but was at one time an Olive Garden restaurant. Tenant improvements are underway and the new Tavolata is set to open in early 2021.

Chris Bell along with Jon Jefferies of NAI Black represented the landlord in the transaction. They also acknowledge they have multiple deals at the OCH Building that they plan to announce in the coming weeks. " Now that the building has been fully renovated and updated we are seeing an increase in lease activity " said Jon Jefferies. 

The new restaurant will have a prime location across from Riverfront Park and the Numerica Skate Ribbon. It will feature seating for 172 guests between the main dining room, lounge area, bar counter and bar. As well as offering two private dining rooms and a seasonal patio with a additional seating for 30. 

Additionally, but not mentioned in today's announcement is a place called " Tavolata Mini " which recently popped up on a permit for a tenant improvement at the Wonder Building, a few blocks north of this site. We're keeping an eye out for news on that.

For more information on Eathan Stowell Restaurants, visit their website  http://ethanstowellrestaurants.com



Monday, September 21, 2020

New buildings going up in the Kendall Yards Business District

West of Jefferson rendering courtesy of Baker Construction & Development, Inc.

 New development is getting underway in the Kendall Yards Business District, along W. Summit Pkwy and north of Downtown Spokane. Two new mixed use buildings are planned along the north side of Summit in-between the My Fresh Basket grocery store and the existing buildings of Kendall Yards.

Baker Construction & Development, Inc. of Spokane will be the general contractor for both buildings, the first of which is currently being called West of Jefferson and would be directly next to the existing business district buildings. This building will be a five story structure with commercial on the ground floor and apartments on the upper floors. 

The plans for the West of Jefferson building call for four retail spaces, a restaurant space on the lower level and a total of 41 apartments above. The residential space will be made up of eight studios, thirteen one-bedroom and twenty two-bedroom units with a completion date for the entire building being planned by the end of 2021.

          Flatiron building renderings courtesy of Baker Construction & Development, Inc.

Just east of this new building will soon be another new building. This will be a unique looking " Flatiron " style building, construction will start later and given this there is not a completion date just yet for the Flatiron building. However once constructed it will offer ground floor retail space and 8 units of residential above, each of the residential units will have a loft mezzanine. 

Wednesday, September 16, 2020

Extensive renovations wrap up for a hotel on the Division St. Hill

                                           




A fresh new look is in place after an extensive renovation of a highly visible hotel at the base of the Division Street Hill. The hotel, which is located at 3033 N. Division St, originally opened as a Best Western but has aligned with budget brands most recently.

The current owner, Sapphire Hospitality, acquired the hotel in 2008. All together they own several other properties around the Pacific NW and boast about 500 total rooms now in their portfolio. This hotel in Spokane offers 61 rooms on three floors.

The renovations are wrapping up and the hotel will end up being re-branded with Days Inn & Suites by Wyndham and it is clean modern lodging option nearby Downtown, the University District and much of Spokane. The hotel now offers a fitness center, business center, guest laundry, indoor pool, hot breakfast, a market place and 50" TV's in each room.

For more info and to place room reservations for the new Days Inn & Suites By Wyndham Spokane, visit the hotels page on http://www.wyndhamhotels.com

Tuesday, September 15, 2020

Work to start soon for Boxcar Apartments, a modern seven story apartment building planned in the University District

                                          Renderings are provided courtesy of Project^ , thank you.

Construction is set to begin as soon as early October for a new seven story apartment building coming east of Downtown Spokane in the University District neighborhood. The large building will rise on a vacant lot located at 15 N. Grant, just a short distance west of the new University Gateway Bridge's south landing.

Plans call for a mixed use building that will be primarily residential with 136 units consisting of studios , one and two bedroom apartments. The project will offer a lobby, fitness room, sauna, outdoor deck, dog wash, secured bike room, garden and package concierge. Covered parking and a café space will also be included and they are targeting to achieve LEED Silver status.

The Boxcar Apartment project is being developed by Project^ , a Portland based developer who has an impressive portfolio of projects in Oregon and California, this will be the companies first development in the Spokane market. TVA Architects of Portland designed the project and Spokane based Bouten Construction will be the general contractor with the development set to be complete in 2021.