February 14, 2014 in Business

South Hill’s Rockwood to add 11-story tower

$41 million project includes 65 living units for retirees
By The Spokesman-Review
 

Rendering of Rockwood Retirement Communities planned 11-story tower.
(Full-size photo)

Map of this story's location

Rockwood Retirement Communities breaks ground next month on a $41 million, 11-story tower that will include 65 luxury apartments for seniors on its South Hill campus.

The 165,000-square-foot tower will be connected at the ground level to Rockwood’s existing seven-story residential center, formerly called Rockwood Manor and now renamed the Ridge.

The new building, at 2903 E. 25th, will be called the Summit.

The entire expansion project on Rockwood Retirement’s South Hill campus will come to roughly $60 million, said CEO Alan Curryer.

Curryer said the Summit is expected to accept residents in 2016.

The Summit is the largest residential project approved by the city of Spokane last year, based on construction permits. Rockwood began plans for the project more than two years ago. Construction was delayed while financing was completed and 80 percent of the new apartments were sold.

A groundbreaking ceremony will take place March 12.

Walker Construction will be in charge of the project, starting with demolition of two garages west of the Ridge building. The Summit will be built where the garages are now located.

Rockwood spokeswoman Lisa VanMansum said the Summit units will be among the most spacious and comfortable in the area. They’ll be comparable in size to a modest home.

Most of the new tower’s units will range from 900 square feet to 1,970 square feet. The top two floors will offer “penthouse” units ranging from 1,050 square feet to 2,210 square feet. NAC Architecture of Spokane is the lead architect.

As part of an overall upgrade on that campus, the Ridge building will be renovated with common areas on the first floor.

The connected buildings will offer a variety of residential services that include a ballroom or multipurpose room, a theater, art studio, library and a fitness area.

Spokane United Methodist Homes operates Rockwood Retirement Communities as a nonprofit corporation, having begun operations in Spokane more than 50 years ago.

Financing for the expansion comes from tax-exempt revenue bonds.

Rockwood also owns and operates Rockwood at Hawthorne Retirement Community and Appleway Court, which provides housing for low- to moderate-income seniors. 

Residents to the Summit pay an initial entrance fee and a monthly fee. Rockwood retains ownership of the units.

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