Brewery to open in Cedar Crossing
Developers Gib and Nick Brumback have started a $5.7 million mixed-use project called Cedar Crossing on 3.5 acres at 6511 N. Cedar St., in north Spokane.
Plans include four commercial buildings and four residential buildings. Two of the buildings will be townhouses with 18 units. The two other apartment buildings will have a total of 18 one- or two-bedroom units, Gib Brumback said.
Three of the four commercial buildings will be 6,000 square feet. A fourth will be a 4,200-square-foot retail site.
Construction is expected to start in December. Brumback said his own construction company hopes to have the first commercial buildings ready by next spring, with a tenant moving in next summer.
The first commercial tenant will be a regional restaurant and brewery, Brumback said. That company is completing a lease for the first 6,000-square-foot building. He wasn’t free to identify the brewery.
The architect is Paul Matthews, and the civil engineers are Simpson Engineers.
Finance firm relocates
Universal Funding Corp., a Spokane Valley financing company, will move into new offices in the River View Corporate Center at 16201 E. Indiana Ave.
Universal Funding will move from its existing offices at 1825 N. Hutchinson Road.
The company provides financing to small or midsize firms across the country.
Sefco moving into new machine shop
Sefco, a Spokane Valley machine shop, will move into a new production facility at 16114 E. Lacrosse Lane, near Trent and Sullivan.
The company designs and makes custom manifolds for hydraulic equipment used in agriculture and mining. The two company owners are Steven Ford and his son, Jeff Ford.
They paid $285,000 to A&M Revocable Trust, which owned the property and the 2,400-square-foot production shop.
Jeff Ford said they’re completing improvements this year and expect to move into the new shop in early 2013.
Earl Engle of NAI Black brokered the deal.