T.W. Clark Construction LLC, of Spokane Valley, has won a contract to build a roughly $30 million condominium tower that Tacoma-based Prium Companies LLC plans to develop in downtown Spokane.
The 15-story, 345,000-square-foot tower will include ground-floor retail space, a 462-lot parking garage on the next seven floors, and 126, roughly 1,300-square-foot condo units on the upper seven floors, says Tom Clark, owner of T.W. Clark Construction. The tower will be located on the site of a parking lot, at 153 S. Wall, that Prium bought from Spokane developers Walt and Karen Worthy last summer.
The construction budget for the project hasnt been finalized yet, but is expected to range between $25 and $30 million, Clark says. Work is to start next month and to take 20 months to complete, he says. OMS Inc., of Spokane, designed the tower.
Prium separately has bought the Wells Fargo Center downtown, the Rock Pointe Corporate Center north of downtown, and Trent Plaza in Spokane Valley, from the Worthys. It also plans to develop a 54-acre industrial park near Spokane International Airport.
Among T.W. Clarks other current projects are a $2.1 million production plant in Coeur dAlene for Hagadone Corp. and a $20 million luxury condominium resort in Sun Valley, Idaho.