Spokane real estate executive John Becker says he and his wife, Marianne, plan to develop an office building near the southwest corner of the intersection of Cataldo Avenue and Division Street.
The estimated $1 million project will involve constructing a one-level, 7,000- to 8,000-square-foot building at 25 W. Cataldo, Becker says. Windermere Services/Inland Northwest Inc., which currently is located at 111 W. North River Drive, will move north to the new building and will take about half of the space there, he says. The remainder will be leased out to one or two tenants, he says.
Windermere Services has nine employees and provides support services for Windermere offices in a five-state area, Becker says. The space Windermere Services currently occupies will be put up for lease, he says.
Construction of the new building is expected to start in April and will take about six months to complete, he says. Vandervert Construction Inc., of Spokane, is the contractor for the project, and Spokane-based architect Sam Rodell is designing it. Washington Trust Bank, of Spokane, is financing the project.