Plans to construct a building for a Hapa Fish Co. restaurant in the Riverstone mixed-use development in Coeur d'Alene have been put on hold, even though a Spokane-based developer has obtained a building permit for the proposed $1.4 million structure.
The developer, SRM Development LLC, says Park City, Utah-based Hapa Fish Co. has cited the weak economy in its decision to postpone the project shortly after the city of Coeur d'Alene issued a building permit for it.
"They still plan to do it," says Mike Craven, SRM spokesman. "They just don't know when."
Riverstone Center West LLC, an affiliate of SRM, would be the contractor on the 5,400-square-foot, single-story structure, and Benson & Bohl Architects, of San Diego, designed it.
The structure would be located at the northwest corner of Bebe Boulevard and Riverstone Drive, and would be across Bebe from a Red Robin Gourmet Burgers & Spirits Emporium restaurant.
Hapa Fish Co. currently operates one restaurant, Hapa Grill, which opened in Park City, in 2005. The restaurant features a mix of Asian and island cuisine, and specialties include sushi and sake.
The name Hapa is derived from a Hawaiian word meaning "half and half," in reference to its Japanese and Hawaiian influences, Craven says.
Craven says no other projects have been put on hold at Village at Riverstone, the 25-acre centerpiece of the 160-acre Riverstone development northwest of downtown Coeur d'Alene, near the Spokane River.