Boat Complex Gets New Ownership
A six-acre, 10-building complex for the service and storage of boats is now the property of Hagadone Hospitality.
Seeking nautical service and space for customers of the company’s two Lake Coeur d’Alene marinas, Hagadone Hospitality bought The Boat Shop, which includes complete marine services and 75,000 square feet of interior space near Seeley Avenue and East Seltice Way between Coeur d’Alene and Post Falls.
Seller Syd Young said all services should continue with his 10 employees. Included are seasonal work on boats and engines and modification and restoration work on all types of boats.
The facility will store about 300 boats and will be managed by Frank Steenvoorden, who also is general manager of Hagadone Hosptality’s Boardwalk and Silver Beach marinas.
Young and his wife, Juliette, started the business 15 years ago at Second and Hazel in Coeur d’Alene. They moved to the larger facility nine years ago. They will retain their Stan-Craft wooden boat building business, which they will move near their home in the Ohio Match area.
Syd Young originally is from Lakeside, Mont., where the Stan-Craft business began in 1933. In 1982 he and Juliette, who is from Great Falls, Mont., came to Coeur d’Alene, where he worked for Unitech, building rail car covers for NASA space shuttle components.
“This sale happened very quickly,” Young said. “I just responded to the ad that they were looking for boat storage facilities to expand their marine network.”
Ever-expanding Kootenai Medical Center in Coeur d’Alene this winter will add a 13,000-square-foot Outpatient Center as a second floor above the emergency room space.
The facility, to be built and managed by a consortium of 20 private surgeons and specialists and KMC, will include four operating rooms, staff area and three elevators.
Construction on the $4.2 million project should start in October and be completed in late July. The unit will shift services from current in-patient surgery bays and allow for expansion of other hospital services.
“Our intent is to have the Outpatient Center as separate as possible, and it will not be staffed by KMC employees,” said Don Soltman, KMC’s vice president of support services.
Kootenai Medical Center now has 251,216 square feet in its contiguous structure and covers 420,260 square feet with the neighboring Cancer Center and Pinecrest buildings. Employees total 1,400.
Expansion also is under way for R.C. Worst & Co. at 625 Best Ave. in Coeur d’Alene. The water and sewage pump company is adding a 9,600-square-foot building to its 46-year-old facility.
The company began as a general contracting business in 1953 when two buildings were moved to the location. The rear portion was from the former Farragut Naval Base on Lake Pend Oreille, and the front part had been a Texaco station.
The company shifted to pump sales and installation in the early 1970s. It now has 22 employees.
Now in its third generation of ownership, brothers Allen and Ken Worst assist their father, Jim, who is company president.
Tidbits:
Rumors that an Old Navy store is coming to Coeur d’Alene are just rumors so far. The trendy clothing company, the lower end of The Gap and Banana Republic triumvirate, has shown interest in the space of the former Montgomery Ward building.
“We’ve made a proposal but have had no response,” said a spokesman for Standard Insurance, which owns the building. “We’re keeping all of our space options open,” he said, including possibly dividing the facility’s space.
“We’re interested, but we have no agreement at this point,” said Lynn Chilstrom, property manager for Old Navy.
The former Club Kristi Dance Studio and Daycare building on Clayton Avenue behind Tom Addis Dodge in Coeur d’Alene will become a Calvary Chapel. Craig Hunter of Prudential Acuff Realty handled the sale.
Jay Jacobs is closing its stores nationwide, including the Silver Lake Mall shop.
Third Street Cantina of Coeur d’Alene is closing Thursday. About 20 employees are looking for jobs.