A mixed-used building thats expected to get under way this fall south of Holy Family Hospital has grown substantially in scope in the two and a half years since plans for it first were disclosed by Franklin Park Medical Center II LLC, of Spokane.
The building, to be located at 220 E. Rowan, now is expected to be 10 stories tall rather than seven, include about 120,000 square feet of floor space rather than 80,000, and cost $20 million rather than $12 million, says Al French, one of the development companys founders.
Also, preliminary planning is advancing for a five-story, 50,000-square-foot medical-office building that would be built just southeast of that high-rise and would be the final structure to be erected by the development company in the envisioned three-building complex.
French and development partner Rob Daugherty, together with some minority investors, earlier developed the first building in the complex. That three-story, 30,600-square-foot medical-office building, located at the southwest corner of Rowan Avenue and Lidgerwood Street, was completed in early 2005.
As envisioned, the mixed-use building on which work is to begin this fall will have three floors of underground parking, retail tenants on the ground floor, then four floors of medical office space, and a common-use floor, French says. Above that, plans call for four floors of residential condominiums, and a rooftop garden and event center, he says. Also, a three-story parking garage is to be built just south of the building.
The condo portion of the high-rise is being marketed under the name Parc two20 Tower, and probably will include eight living units per floor, French says.
Recent advertisements promoting the planned condos state that prices start at $399,000 for a two-bedroom, two-bath unit with 1,250 square feet of space, and three-bedroom penthouses and custom floor plans also are available. Joel Crosby and Justin Hocking, both of Tomlinson Black Inc., are marketing the condos.
A Web site dedicated to the condo development says a restaurant, produce market, and pharmacy are envisioned on the buildings ground floor.
On the floors dedicated to medical-office space, the tower presumably will have to compete for tenants with a large new medical office building that NexCore Group LP, of Denver, is developing on the north side of Holy Family Hospital. NexCore is building that four-story, 65,800-square-foot structure as a separately financed, but collaboratively planned part of a major expansion at the hospital, and the hospital will occupy some space in the building.
French, a Spokane city councilman who is running for mayor, is designing Franklin Park Medical Center complex through his firm, Al French Architect. The project is intended to conform to, and make use of, a long-range city plan aimed at attracting higher-density development and high-paying jobs to certain targeted areas.
The Holy Family area was one of four originally chosen as pilot revitalization-planning areas following the City Councils approval in 2001 of a new comprehensive land-use plan thats designed to guide development activity for the next 20 years. The comprehensive plan designated 21 mixed-used centers and corridors in which development activities are to be focused. Under the plan, the city offers developers certain incentives to build in areas designated as employment centers.
Contact Kim Crompton at (509) 344-1263 or via e-mail at kimc@spokanejournal.com.