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Thursday, March 3, 2016

Another historic renovation project coming to Downtown Spokane

Not everyone was pleased when the Walt Worthy decided to use pre-fab concrete to build his latest hotel, The Davenport Grand on the east side of Downtown Spokane. But, regardless of the look of that building, there is no doubt the massive hotel is creating positive change. More people are visiting / shopping and dining on the east side of Downtown, and building owners there to investing in their properties. The entire area around the 400 block of W. Main is now a bustle with new locally owned shops and business. And now yet another building in the neighborhood is scheduled to be upgraded.

That building is the historic Sherwood Apartment building at the corner of Main & Bernard. The building, which is located at 301 W. Main Ave, is 100 years old this year and hasn't seen much renovations in recent years. The building is home to both apartments and commercial uses and perhaps most known as being the building the houses the Suki Yaki Inn restaurant.

The Suki Yaki will actually stay open for business in it's current storefront, which actually faces Bernard. However, the remainder of the building will get completely re-done after being acquired by a new owner. The new owner is local developer / real estate broker Dave Black of NAI Black. Black says the building will keep it's historic feel and ground floor commercial / upper floor apartment uses.

The ground floor currently has two storefronts facing Main, and upon last check only a small church was utilizing those spaces . But the plans call for giving the front storefronts an all new look that is more attractive and complimenting to the Davenport Grand Hotel, which is just steps away from the building. There is no news about what tenants might go into these spaces but marketing is being done for them and a rendering has been published showing what the new renovations might look like once completed-

The top three floors will remain as apartments, with 33 rental units in all, close to all Downtown employers and STA bus lines. Renovations will also effect the apartments, with all upgrades being done as each unit becomes vacant. The upgrades will clean up the dwelling area and add new flooring , paint and cabinets . Apartments will be market rate and geared toward young professionals and the like, who need housing close to work.

We will continue to watch for any more news on this exciting new renovation. And, for more information, contact NAI Black Real Estate at-