ADVERTISEMENT
Advertise Here

Office Hours

Texas firm will raze Jensen-Byrd building, plans 125 units in new structure

The company that's buying the old 1909 Jensen-Byrd building in downtown Spokane has decided it will raze the structure rather than convert it.

Austin-based Campus Advantage paid $2.85 million to Washington State University for the buidling, which is roughly 136,000 square feet on land on the east end of downtown Spokane.

The plan is to demolish the old building and replace it with a five-story student apartment complex with  425 beds  in two- and four-bedroom units with shared bathrooms and shared common areas.
 
Scott Duckett, a vice president with Campus Advantage, said the goal originally was to save the building — which is not on the Spokane or the federal historic register.
But the interior components and other issues made that conversion too expensive, he said.
 
The company company plans to break ground in summer 2012 to meet an occupancy date of fall 2013. Its release can be found here
 
Notably, WSU officials earlier this year turned down a similar offer with the same pricetage by Spokane developer Ron Wells.  A story outlining the reasons WSU didn't select Wells' project will be in Thursday's edition of The Spokesman-Review and on Spokesman.com.

Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus
« Back to Office Hours

Get blog updates by email

About this blog

The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.

Sign up for our business email newsletter
Latest comments »

Read all the posts from recent conversations on Office Hours.

Contributors

John Stucke John Stucke is a deputy city editor who helps build local news coverage and writes about health care, bankruptcy and rural affairs.

Recent work by John

Alison Boggs Online Producer Alison Boggs posts and manages content on spokesman.com and its social networking accounts.

Recent work by Alison

Scott Maben Scott Maben is a Deputy City Editor who covers North Idaho news and higher education.

Addy Hatch is the city editor, and formerly was business editor.

Search this blog
Subscribe to this blog
ADVERTISEMENT
Advertise Here