A two-story office and residential building will be built on the site of the demolished Beau K Florist building on the South Hill.
Called Fulcrum Grand, 1216 S. Grand Ave., the $340,000 construction project will have 2,100 square feet of office space on the first floor and 600 square feet of residential space on the second floor.
The project is being done by Fulcrum Financial Group, which currently has offices at 14th Avenue and Grand. Fulcrum is affiliated with LPL Financial, an investment and wealth management company headquartered in Boston.
The building is directly south of the four-story Cathedral Point Condos, which were built in 2007, and across the street from St. John’s Episcopal Cathedral. The property was purchased in October 2017 for $250,000, according to county property records.
Three parking spots will be installed with the new building, and the existing driveway directly south of the proposed building will remain.
Beau K moved across the street to 1307 S. Grand.
The project’s general contractor is Yost Gallagher Construction, of Spokane. It was designed by Spokane Valley’s Mercier Architecture & Planning.
Local journalism is essential.
Give directly to The Spokesman-Review's Northwest Passages community forums series -- which helps to offset the costs of several reporter and editor positions at the newspaper -- by using the easy options below. Gifts processed in this system are not tax deductible, but are predominately used to help meet the local financial requirements needed to receive national matching-grant funds.
Subscribe now to get breaking news alerts in your email inbox
Get breaking news delivered to your inbox as it happens.