June 15, 2014 in Business

The Dirt

 
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My Place Hotel set for Valley

My Place Hotels, a national franchise, is building its first Washington state location at 16106 E. Indiana Ave. in Spokane Valley.

The 64-room, 29,000-square-foot hotel is expected to open in late September.

Based in Aberdeen, South Dakota, the company has franchised seven locations nationwide. One of its founders is Ron Rivett, co-founder of Super 8 Motels.

My Place hotels are designed as long-term accommodations for business travelers and visitors wanting apartment-style conveniences.

Projected construction cost for the hotel is $3.2 million, a company spokesman said.

The general contractor is Legacy Builders, of Aberdeen, South Dakota.

Ribics to open new GNC stores

Ivan and Erin Ribic will open two new GNC (General Nutrition Corp.) franchise stores, one in downtown Spokane and in Spokane Valley. The couple have operated an Airway Heights GNC store since 2011.

The downtown store will open this month on the main level of the Crescent Building, 709 W. Main Ave. In August the Valley location is expected to open at the Banner Center, 509 N. Sullivan Road.

For that location, Guy Byrd, of Cornerstone  Property Advisors, and Ryan Oberg, of Goodale & Barbieri, brokered the lease with the property owner, Pring Corp.

Einstein Bros. to open in July

Spokane’s first Einstein Bros. Bagel Co. franchise will open at the Logan Square Retail Center, 1601 N. Division St.

Franchise owner Matthew Schmidt expects to open the business in mid-July.

It’s leasing about 2,600 square feet in the building.

Lyle’s Fabrics relocates

Lyle’s Fabrics, Crafts & Gifts has relocated its retail store to 5920 E. Seltice Way, in Post Falls.

Owner Steve Lyle is leasing the 5,000-square-foot space. Lyle relocated recently after more than 20 years at the same store in Coeur d’Alene.

Jim Koon of NAI Black helped broker the deal.

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