Posts

Showing posts matching the search for Centennial Properties bought

Completion date for Macy's building renovation pushed to 2018

Image
SPOKANE, Wash --- Construction on the old Macy’s building in downtown Spokane will not be completed until next spring. The first two floors of the former Macy’s building were set to open for retail use as early as November. Some set-backs in construction, like flooding in the basement, has pushed back the opening date until spring. When the downtown Spokane Macy ’s closed in January 2016, renovations quickly followed. Centennial Properties bought the building and announced a plan to renovate the first two floors into a new retail space with the remaining seven floors for residential use. The new building will be called “The M,” it will feature 109 units ranging from 750 square feet to 1500 square feet. There are no price ranges set for these apartments yet. There will be a rooftop deck for all apartments that is dog friendly, it will also have a kitchen, seating and firepits. Now, about a year after the plans were announced, developers said construction will take longer than expecte...