The building, first constructed in 1909 and extensively remodeled in 1947, sold to an investment group named Wonder Spokane, LLC. Investors include Pete Mounsey, a Spokane native and resident of Denver, Colorado who most recently remodeled the Lincoln View Apartments on the lower South Hill with local architecture firm Nystrom + Olson. The group has no specific plans, but notes that mixed-use is a strong possibility. Zoning code would allow up to twelve stories on the site.
Earlier this year, WSU Spokane awarded a contract for remodel and reuse of the Jensen-Byrd Building to a partnership of Seattle developer Wally Trace and the local office of design-build energy efficiency firm McKinstry. We knew that the partners had significant plans for the site, but now we’re getting our first look at the project.
And it’s absolutely spectacular.
Not content to simply remodel the historic Jensen-Byrd warehouse, JB Development will develop a massive, 250,000 square foot adaptive reuse of the main building and the Pacific Produce Building and construct a new 442-space parking garage, a 50,000 square foot retail and fitness center, and an 84,000 square foot mixed-use tech/biotech office building. The result will be what they are calling the Jensen-Byrd District. Aimed at tech and biotech companies, the buildings will feature the large floor plates, modern data connections, and retail amenities that large companies expect, but which don’t exist at this point in our city.
In other words, if marketed correctly, these two buildings could help Spokane land a major tech or biotech tenant. It’s a dream that’s been building for a while, with significant investment in the University District (including the Pedestrian Bridge, expected to be complete in 2018) in pursuit of attracting private companies. With the right targeted action and marketing, now we have a specific site that could accommodate those demanding tenants.
Jump after the break for more discussion and renderings.