Topics

Kendall Yards

Summary

Site preparation and utility work proceeds on the 77-acre Kendall Yards site in February 2008. (Jesse Tinsley / The Spokesman-Review)

When developer Marshall Chesrown purchased 77 acres of real estate near downtown Spokane in 2004, a vision was born. Kendall Yards would be a mixed-use “urban village,” drawing residents to the heart of the city and boosting business. After several years of groundwork and financing setbacks, new developers have taken over the project.

Plans emerged in 2006 for a major development on the land, purchased during Metropolitan Mortgage & Securities Co.’s bankruptcy auction. The initial proposal for the site north of the Spokane River and west of Monroe Street showed high-end residential units; up to 1 million square feet of office and retail space; high-rise buildings; and Centennial Trail connections.

Developers completed a
costly environmental cleanup
and drew up plans to handle a surge in traffic. Residents of West Central and other neighborhoods voiced concerns and support. And in September 2006, the city examiner approved Kendall Yards. The City Council would later OK special tax financing despite prominent objections.

As the economy began to falter in 2008, the project ground to a halt. Chesrown closed the downtown Kendall Yards offices, and the site was used for parking.

In late 2009, home builder Greenstone Corp. bought the property and promoted scaled-back plans that kept the mixed-use philosophy but reduced the number and cost of the housing units. Work on those units began in April 2010.

The development may deliver a full-service grocery store by Thanksgiving 2012. One to three office buildings and more housing also are planned next year. Greenstone is working with city officials to reduce long-term parking on streets in commercial portions of Kendall Yards and to extend the Centennial Trail through the project.

Updated Sept. 29, 2011.

Key people

  • Marshall Chesrown

    Marshall Chesrown was the original developer of Kendall Yards. He grew up in Spokane, made his fortune selling a Denver automotive empire in 1997, and returned to the Inland Northwest to go into real estate.

More information

Latest updates in this topic


  • Spa Paradiso to move to Kendall Yards

    Spa Paradiso, the downtown beauty care business in the Davenport Hotel, will move into new space in the Kendall Yards development, owners Jan and Larry Schoonover said.


  • Cedar Plaza getting first restaurant

    Spokane chef David Blaine said he will open the first restaurant in the new Kendall Yards development near downtown. Blaine, with more than 20 years of experience in local restaurants, …


  • Work begins on missing Centennial Trail link

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  • Spokane chef plans first restaurant for Kendall Yards

    Spokane chef David Blaine said he will open the first restaurant in the new Kendall Yards development near downtown. Blaine, who has worked in area restaurants for more than 20 …


  • Next Kendall Yards phase begins

    The company developing Kendall Yards has started construction of the first commercial building and is finishing plans for a second as it tackles the next phase of Spokane’s largest mixed-use …


  • Grocery store proposed for Kendall Yards

    Kendall Yards is bringing home the bacon. Bread and produce, too.


  • City votes to amend Kendall Yards deal

    Tax subsidies will flow to Kendall Yards even if the developer of the 78-acre project does not seek public bids on construction of streets, sewers and other public infrastructure, as …


  • Bidding issue complicates Kendall Yards agreement

    Developers of the highly anticipated Kendall Yards project violated an agreement with the city that allows the project to receive tax subsidies to build streets, sewers and other infrastructure. Greenstone …


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  • Here’s the Dirt: South Hill gaining medical building

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  • Kendall Yards developer expects residential units by year’s end

    Work on 60 residential units at Kendall Yards in Spokane will be completed or ongoing by the end of the year, developer Jim Frank said. Of the 18 condominiums, townhouses …


  • Construction starts on Kendall Yards

    Ide Avenue west of Monroe Street is closed to traffic starting Thursday until an undetermined date due to development of the Kendall Yards site.


  • Kendall Yards gets new life

    Greenstone Corp. on Thursday revived the Kendall Yards development on the north bank of the Spokane River. The first 18 units of the $25 million residential and commercial project should …


  • Work begins on Kendall Yards housing

    With the planting of a tree, developer Jim Frank today revived the Kendall Yards development on the north bank of the Spokane River.


  • Editorial: Property tax incentives will pay off in long run

    In the endless carrot vs. stick quandary, there was good news this week for those who favor carrots. As expected, the Spokane City Council approved a property tax exemption for …


  • Tax exemptions OK’d for Kendall Yards

    The eventual owners of 279 proposed residences in Kendall Yards will not have to pay property taxes on the new townhouses, condos and apartments for 12 years.


  • Kendall Yards tax benefit sought

    Owners of nearly 300 residences in the Kendall Yards development won’t have to pay property taxes on the new structures for a dozen years under a proposal the Spokane City …


  • Kendall Yards given qualified approval for first phase of development plan

    Spokane Hearing Examiner Greg Smith on Friday approved the first phase of the revised development plan for Kendall Yards – but with a lengthy list of conditions. He also called …


  • Local economy didn’t escape the downturn

    The economy cast a long shadow over everything in 2009. The recession and efforts at recovery set the scene for top business news in the Inland Northwest, from the shaky …


  • Scaled-back Kendall Yards plans offer better fit for Spokane

    Greenstone Corp. last week closed a deal five years in the doing. And not a moment too soon for Spokane government and business officials weary of economic headwinds.


  • Kendall Yards buyer touts range of housing options

    A venerable home builder is bringing new hope to a stalled downtown Spokane development project. Greenstone Corp. has purchased the Kendall Yards property with plans to build a waterfront neighborhood …


  • Greenstone will pump $500 million into Kendall Yards

    Greenstone Corp. will invest $500 million in the revived Kendall Yards project over the next 15 years, President Jason Wheatley said Thursday.


  • Amid cleanup dispute, project could have new developer

    An $8 million legal dispute has erupted over the bill to clean up pollutants at Kendall Yards, the stalled housing and business project along the north bank of the Spokane …


  • Centennial Trail advocate talks about gaps, priorities and funding

    Two decades after the ground was broken on Spokane’s most popular bike and pedestrian pathway, several stretches of the 37-mile Centennial Trail remain incomplete. The largest gap, between Riverfront Park …


  • Project manager leaves Kendall Yards

    The manager quarterbacking Spokane’s largest development project, Kendall Yards, has left to look for a different job. Former project manager Tom Reese said his work with Kendall Yards ended Oct. …


  • At Kendall Yards, progress is slow

    At 78 acres of mostly bare dirt, the site of the proposed Kendall Yards development overlooking the Spokane River is a conspicuous piece of real estate. After all the attention …


  • Parking garage considered for Davenport District

    A 250-stall downtown parking garage under consideration by Spokane Partners LLC could help alleviate parking headaches for theater and restaurant patrons in the Davenport District. The company, which owns much …


  • Council votes to repave Bridge Avenue

    The one-block street that is the closest link between the Monroe Street and Post Street bridges will be repaved. The Spokane City Council voted 5-2 Monday to move ahead with …


  • Developers object to impact fee plan

    Proposed traffic impact fees would cost the developer of Kendall Yards millions of dollars and jeopardize deals on the former Empire Ford building in downtown Spokane, representatives of the development …


  • Black Rock abandons sales office

    Black Rock Development is scrapping its downtown Spokane sales office for Kendall Yards, even before the office opened to the public. But that doesn’t signal a shift in outlook for …


  • In brief: Kendall Yards liaison post cut

    Spokane Mayor Mary Verner has eliminated the position of the city’s designated contact person for Kendall Yards developers. Cody George, economic adviser, was informed earlier this month that he will …


  • Three vie to unseat council incumbent

    City Councilman Brad Stark hasn’t been one to walk away from a good fight. Then again, neither have his opponents in the race for his South Side council seat. One …

 

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