Here’s one I just couldn’t wait until Monday to share. Wonder Spokane, LLC has proposed a stellar, game-changing adaptive reuse of the former Wonder Bread Building on the North Bank of the Spokane River. The 111,000 square foot former bakery sits at 821 W Mallon Ave, directly across from the Spokane Arena. At its peak, the plant produced 500,000 pounds of bread products each week, until it closed in 2000. Now the investors of Wonder Spokane, LLC, apparently led by Denver lawyer and businessman Pete Mounsey, believe the building can be a promising site for redevelopment, as they’ve applied to attend a Pre-Development Conference* with the City.
Their version of the Wonder Bread Building would see it completely transformed and restored, adding a partly-glass third story and other unique amenities. The first floor of the historic building would occupied by a market hall concept much larger than Spokane’s only other existing market hall, Saranac Commons. The second and third floors, meanwhile, would be occupied by leasable office space, with an event space and rooftop patio on the third floor. In addition to the redevelopment of the historic building, the developer proposes an attractive-looking parking garage with two completely separate retail spaces on the west (Lincoln St) side. The sum total of these investments would be a complete revitalization of the North Bank of the river and significantly more life on this crucial corridor connecting the Spokane Arena with Kendall Yards. We look forward to hearing more details as the developer shares its plans.
The former Otis Hotel, located at 110 S Madison in Spokane’s West End, has been vacant since 2007, when the low-income residents who then called the building home were evicted (often in not-so-great circumstances) to make way for a new condo development. Ultimately, that condo development failed in the recession, and ownership passed from investors to banks and back again.
Now, it again looks like a developer is exploring redeveloping the property. While at this point the developer is unknown, ZBA Architecture, which perhaps most famously served as the architect for the Community Building/Saranac remodel, has attended a Pre-Development Conference with City staff. The Otis Hotel project would remodel and modernize the former SRO units on the second through fifth floors into studio and one-bedroom apartments at a total construction cost estimated at $4.5 million. With floor plans ranging from 250 to 510 square feet, and ultimately as many as 100 apartments occupying the building, it’s safe to classify the project as a “micro-apartment” project. The first floor would likely see remodeled retail space.
Indeed, while the pre-development conference includes no construction timeline, and a Pre-Development Conference is not a building permit application, we should take this news as confirmation that there is significant interest in redeveloping the former Otis building.