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Posts tagged: Crescent Court building

Downtown Spokane post office will not relocate, as earlier planned


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The downtown Spokane (Riverside Avenue) post office will not relocate in 2012.

We have the story at Spokesman.com, and we're still trying to nail down suggested reasons for the about-face.

In August the USPS announced the station, at 801 W. Riverside, would close in 2012 and relocate to a smaller location in downtown.  That plan was reversed for reasons not fully disclosed by the USPS.

The decision doesn't affect plans by the Seattle USPS district office to sublease about 24,000 square feet of space on upper floors of the Crescent Court building on Main. That effort is continuing, but hasn't landed a new tenant.

 


It’s not all U.S tax dollars being spent on empty downtown buildings

We were in the grocery line today and a man two places down from us pointed to the morning paper.

“This story shows why this country is so screwed up,” he said. He pointed to the recent SR story about the U.S. Postal Service paying $490,000 per year for empty space on the sixth floor of the downtown Crescent Court building.

“It's just crazy how they're wasting our money,” he railed.

We told him, no, the money for the lease comes out of the USPS operating budget, which is, in general, self-sustaining (or should be, if people used more services and bought more stamps).

In that light, we wanted to offer some links for further reading. The USPS is at a crucial moment in its history, and unless there's a government bailout, the level of services people are used to will change dramatically.

One good starting point is a collection at Washingtonpost.com, entitled “Our Shrinking Postal Service.” It's a worthwhile read. 

The graphic above, which comes from Washingtonpost.com, shows the location of roughly 3,700 possible post offices the USPS is looking to close in the next two years.

Another good summary is this article which appeared recently in the New York Times.

Spokane’s postal service blues: anyone need a big downtown office space?

It's not much fun being the U.S. Postal Service.

The beleaguered agency is drowning in red ink. It's hamstrung by excessive labor costs bargained with its worker unions. The Postmaster General has told the feds that unless it gets huge influxes of cash, it won't be able to pay its bills.

So, by comparison, the problem it has in Spokane of having to unload an expensive lease on offices downtown is fairly minimal.

The story on Spokane's own issues ran in today's Spokesman.com. The USPS needs to move out of its downtown post office next year. But it's also paying a lot for vacant offices in the nearby downtown Crescent Court building, 707 W. Main.

Spokane commercial agency NAI Black is working on finding a new tenant to sublease the space, which comes to 24,100 square feet.  The USPS is willing to cut a great deal: it's paying $490,000 per year for those empty spaces, which formerly held the area's USPS district office. 

Someone willing to sublease could get a 33 percent discount, the flyer from NAI Black explains.

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

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

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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.

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