In one of a handful of new multifamily residential projects in Spokane, a local developer is expected to break ground this year on a $4 million, 21-unit urban infill project on a site near downtown, about 1 1/2 blocks north of the Spokane River.
Chris Olson, owner of architecture company Olson Projects PLLC, says Linc Lofts will be at 714 N. Monroe, between North Monroe and North Lincoln streets.
“It’s off of Lincoln Street, between Lincoln and Monroe, so we called it the Linc Lofts,” Olson says.
The three-story, wood-framed building will consist of 15 studio units and six one-bedroom units, which will range in size from 38o square feet to 580 square feet. Olson says the project includes a rooftop deck.
“With the rooftop, tenants will have a pretty good view for the foreseeable future, unless somebody starts building something in front of us,” he says.
Olson says the project doesn’t include dedicated parking for Linc Lofts tenants.
“It’s close to downtown, walkable to the park and other things,” Olson says.
The style of the building will lean toward modern industrial, Olson says. Some of the ground floor units will have private patios.
Olson says a contractor hasn’t been selected for the project yet. Blackfoot, Idaho-based Harper-Leavitt Engineering Inc. is the civil engineer for the project.
“We’re trying to get in the ground this year,” Olson says. “We ‘ll probably start construction in the fall.”
Olson says that Chris Batten, a Spokane developer and owner of RenCorp Realty LLC, is behind the project. Batten couldn’t be reached immediately for comment.
A 10-unit apartment project is planned just south of the Spokane River, in the Browne’s Addition neighborhood. Architect and project manager Luke Grimsrud, of Spokane-based Uptic Studios, says a fire previously damaged the home at 2314 W. Second.
Work will begin this summer, Grimsrud says, and will cost about $2.5 million. Most of the 10 units will be two-bedroom units, with a couple of one-bedroom units and one three-bedroom unit, he says.
An existing building on the site, a former carriage house that has been split into three apartment units, was untouched by the fire and will remain as-is, Grimsrud says.
Neither a contractor nor an engineer have been hired for the project yet, Grimsrud says.
The project will include 11 on-site parking spots.
Grimsrud declines to name the owner of the project. According to a pre-development application permit, the project is called Tangen Multi-Family. Assessor’s records show the land is co-owned by Spokane restaurateur Jeremy Tangen, who owns Tangen Hospitality Inc., which operates Borracho Tacos & Tequileria, Fast Eddie’s All Purpose Pub, and several other eateries.
Outside of the downtown area, permit applications filed with the city of Spokane by Oldivai Capital LLC show plans for three multifamily projects with a total construction value of more than $4.7 million.
A representative of Oldivai Development, which is based in Snoqualmie, Washington, couldn’t be reached immediately for comment.
One project is called the Oldivai Fiske 104. An existing single-family home at 104 S. Fiske will be demolished, and a 14-unit complex of two-story townhomes will be built in its place. The project is estimated to cost $981,000 and will include 14 parking spaces.
Oldivai plans nine two-story townhomes on two parcels of vacant land at 2811 and 2815 N. Dakota, west of Gonzaga Preparatory School. The project value is estimated at more than $1.7 million, according to documents on file with the city.
On the South Hill, at 2814 E. 31st, the company plans to develop a three-story multifamily project that will include 14 living units with a mix of one-story flats and two-story townhomes, site plans show. The project value is estimated at $2 million.