Seattle-based Leavitt Capital Cos., in partnership with Scottsdale, Arizona-based The Wolff Co. LLC, is constructing three warehouses totaling 139,600 square feet of space at 11002 E. Montgomery Drive, near the Central Business Park, in Spokane Valley.
Construction on the first building, totaling 64,000 square feet, is underway and is expected to be completed by June 15, says Aaron Lake, president of Leavitt.
The foundation was set in early April, and the walls were expected to be up around mid-April, says Lake.
Work on the other two structures, which will have 36,000 square feet and 39,600 square feet, will begin, respectively, at the beginning of July and in 2020.
Divcon Inc., of Spokane Valley, is the contractor on the $8 million-plus complex, and Architectural Ventures, also of Spokane Valley, designed it. J.R. Bonnett Engineering PLLC, of Spokane, is the engineer.
A total of 150 parking stalls will be included in phase one of the development.
The three-building project is the first phase of a two-phase project being done in partnership with Wolff Co., Lake says.
The Wolff Co. was founded in Spokane in 1949 by the late Alvin J. Wolff. The Wolff family decided to move to Scottsdale, Arizona, in 2000, but company executive chairman Fritz Wolff and other family members returned to Spokane in 2009.
Between Leavitt and Wolff, Lake estimates roughly 350,000 square feet of construction projects are planned or underway in the Spokane area.
Phase two of the Valley warehouse project will be built on roughly 5.6 acres to the southeast of the current construction site on Montgomery Drive. The phase-two site has the capacity for a 75,000-square-foot building, says Lake.
Both the 8.5-acre property and the 5.6-acre property are owned by Montgomery Phases LLC, a Wolff Co. subsidiary.
Construction on phase two is expected to begin in 2020.
The buildings will be concrete tilt-up facilities and will have more of a retail storefront appearance with large windows, rather than the conventional industrial look.
“It’s aesthetically more pleasing,” says Marc Mowrer, director of commercial leasing for Leavitt. “It will allow for these (industrial companies) to have more of a presence.”
The idea, says Lake, is to create buildings that appeal to a wider range of companies so those that wish to have a retail space can do so.