On Thursday, the development team behind the Wonder Building announced that the building would be marketed for lease by NAI Black and JLL to regional- and national-scale office tenants. Naturally, given that we once called this our favorite building in Spokane, we were quite interested in any new details which could be gleaned from this release.
The Wonder Building, located at 821 W. Mallon on the North Bank, will, at build-out, include 112,000 square feet of total space across three floors, including a basement and a 12,000 square foot public market on the ground floor. In addition, a rooftop patio and conference center will feature panoramic views of Riverfront Park, the Spokane River, and Downtown Spokane. The building is expected to be ready for move-in sometime this summer. We already knew about many of these details.
Now we know why Bazaar presented by Terrain couldn’t take place at the former Wonder Bread/Hostess Factory on the north bank of the Spokane River at 803 N Post. It turns out that the property is for sale. Kiemle-Hagood is representing the owner, who they describe as “motivated,” and list price is $3.5 million.
The former Wonder Bread Factory is one of our favorite old brick buildings in Spokane, so needless to say, we’re excited about the potential for redevelopment at this site. Rumors had focused on David’s Pizza, which closed when North Hamilton’s Clementine Building was constructed. But imagine something like an expanded Spokane Public Market with a myriad of fast-casual restaurants (a la Saranac Commons or San Jose’s San Pedro Square Public Market) and an expansive public patio. Imagine loft apartments overtop upscale retail. Imagine a total remodel with major investment in the site.
We can’t wait to see what happens.
What do you think? Would the former Wonder Bread Factory make a good replacement site for the Spokane Public Market? Would you like to see something like a larger Saranac Commons? Loft condos? A rooftop garden? Share your thoughts below in the comments, on Facebook, on Twitter, and in person. We love to hear from you.