Who is the guy brave enough to take a chance on developing the rocky one acre plot just along Ruby Street, near Gonzaga University? He's David Schneider, a developer out of Southern California. He and partners (not identified) are working on a 60-unit Ruby Apartments project at 940 N. Ruby, just on the west edge of Gonzaga University's campus.
Schneider won't say how much he paid for the acre, or how much he's spent so far removing the huge piles of basalt on that site.
He said that up to now most Spokane city officials thought the site was undevelopable, due to the rock.
"We spent a lot on the (blasting and removal of) rock," Schneider said.
Plans are to have the construction start in the spring, with occupancy planned in mid 2016.
Here is today's business section story about the project.Map by SR graphic artist Molly Quinn