Flour Mill To Change Managers
Management of an historic shopping center in downtown Spokane is changing hands.
Goodale and Barbieri Cos. will take over management of the Flour Mill on April 1 from R.W. Robideaux and Co., which has handled the center for 10 years.
Tom Barbieri, vice president of G&B, said there are numerous opportunities for further development of the Flour Mill, including space on the first and second floors that is either unoccupied or underoccupied.
“Additionally, land to the east and the full block to the west have tremendous development potential that we will explore,” Barbieri said.
The Flour Mill is 90 percent occupied, according to R.W. Robideaux and Co.
Twenty years ago, the first floor of the Flour Mill housed a restaurant that had an outside patio overlooking the Spokane River.
Expansion is a possibility that has been at least discussed with the Flour Mill’s anchor tenant, Clinkerdagger Restaurant, though no plans have been formalized, said Jim Welch, executive vice president of RUI, Clinkerdagger’s Seattle-based parent company.
“They’ve talked to us about maybe taking some additional space,” Welch said.
Clinkerdagger had intended to move from the Flour Mill to the former Salty’s at the Falls site, but scrapped those plans when the city bought the Salty’s property.
G&B has developed downtown Spokane riverfront property for two decades, including Riverpoint Village, Cavanaugh’s River Inn, the IBM Building, Cavanaugh’s Inn at the Park and Broadview Dairy and Caterina Winery.
“We have a great deal of confidence in Goodale and Barbieri’s ability to work with the investors and tenants for the long term benefit of the Flour Mill,” said Maxwell Drever, of G.V.L. Investors, owners of the property.
Drever said in a prepared statement that the owners were impressed with Goodale and Barbieri’s experience, especially as it relates to the long-term potential for the river’s north bank.
, DataTimes