Posts tagged: university district
A historic building slated for the wrecking ball could get a friend in the Spokane City Council.
Late last year, Washington State University-Spokane announced it would sell a 102-year-old warehouse called the Jensen-Byrd building so a development company could tear down the brick building and erect student housing.
Last month, the city-county Historic Landmarks Commission determined the building is eligible to be placed on historic registries. That will create procedural hurdles for tearing it down, but doesn’t prohibit demolition as long as a new building takes its place.
On Monday, the Spokane City Council will consider a non-binding resolution requesting that WSU reconsider the decision.
Councilman Steve Salvatori, co-sponsor of the resolution, said the structure is sound.
“It could be an iconic, signature part of the campus,” Salvatori said. “It could be the most iconic, signature landmark on that campus.”
Spokane will borrow about $4 million from itself to pay for improvements near the University District along Division Street.
The money will be repaid in payments of $250,000 a year over 25 years with sales tax money collected in Spokane that otherwise would have been earmarked for the state.
The Spokane City Council voted 7-0 on Monday to issue the bond and to allow them to be purchased by the city’s investment fund, which is made up mostly of money held in reserve for future sewer, water and trash system upgrades.