Apartment Choice

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...

Ann Arbor-based real estate firm McKinley Inc . recently added another apartment complex to its extensive portfolio: Ironwood Place Apartments on Leslie Circle in Ann Arbor. McKinley purchased the 100-unit complex -- which is located off Huron Parkway on the city’s north side -- and now plans to integrate it with the neighboring 210-unit Traver Ridge Apartments . Among the plans: Operate both complexes under the Traver Ridge name, integrate the communities via walking trails and serve the residents of both complexes out of the Ironwood community center . McKinley Inc. is the new owner of Ironwood Place Apartments in Ann Arbor. Photo from mynewplace.com Both complexes have one-, two- and three- bedroom units. Rent ranges from $899 per month for a one-bedroom to $1,470 per month for a three-bedroom. McKinley CEO Albert Berriz said the occupancy levels at Ironwood are already “very strong” at upwards of 90 percent. He said because the complex is less than 10 years old, McKinley won’...