A Spokane building contractor has filed a $2.4 million lien against one of Marshall Chesrowns Coeur dAlene-based development companies for alleged nonpayment for work done at the Bellerive residential waterfront condominiums in the mixed-use Riverstone development in Coeur dAlene.
The lien, filed on behalf of Walker Construction Inc., of Spokane, in Idahos 1st District Court, in Coeur dAlene, claims River House Development Inc. owes Walker Construction for materials, labor, and equipment used in construction of two condominium buildings on the north bank of the Spokane River, at 1884 and 1950 Bellerive St.
Chesrown is president of River House Development, according to documents on file with the state of Idaho. He and an attorney representing River House Development werent available for comment.
Chesrown also is CEO of Coeur dAlene-based Black Rock Development Inc., which is developing the exclusive Club at Black Rock golf community overlooking Lake Coeur dAlene, the Legacy Ridge upscale residential development in Liberty Lake, and the planned Kendall Yards urban village on the north bank of the Spokane River in Spokane.
Walker Constructions attorney, Jason Piskel, of the Spokane law firm Dunn & Black PS, says Walker is protecting its interests due to slow payment for work that substantially was completed in June.
The Spokane construction company also has filed a complaint in the same case for foreclosure on River House Developments surety bond on the project, although Piskel says that action likely will be stayed pending arbitration.
Piskel says he believes that sales for the 22-unit project are going slower than the developer had anticipated, and that could be the reason for the delay in payment to his client.
Black Rock Realty Inc., another of Chesrowns companies, has six of the units at 1884 Bellerive listed for sale on its Web site for $550,000 to $675,000 each for one- to two-bedroom units with floor space ranging from 1,300 to 1,600 square feet.