Skip to main content

A site that once housed the South Regal Lumber Yard will be transformed into a $ 25 million memory and assisted living development.

Denver-based NexCore Group, a healthcare real estate developer, has applied for a building permit with the city to build Experience Living at Spokane, a three-story, 122-storey memory and assisted living community. 400 square feet with 95 parking spaces at 5311 S. Regal Street.

The facility will include 24-hour staff as well as food and beverage options, fitness and multi-purpose spaces to support a variety of daily and special event programs, depending on permit request.

Walker Construction, based in Spokane, is the contractor for the project. Denver-based OZ Architecture Inc. designs the installation.

Records from the Spokane County Appraiser’s Office show that the owner of the property is Vaughn’s 57th Avenue LLC, whose director is Cyrus Vaughn. He is the founder and former co-owner of Cyrus O’Leary’s Pies, which sold to Sara Lee Frozen Bakery in 2020.

Vaughn had planned in 2016 to build a nine-acre mall on the site of the former South Hill Lumber Yard, but the project was unsuccessful.

NexCore Group, founded in 2004, has 95 employees and eight regional offices across the country.

The old Shopko will be redeveloped into a shopping center

The developers are looking to convert an old Shopko building in northern Spokane into a shopping mall.

Rich Development, based in Santa Ana, Calif., Filed a pre-development application with the city to transform the former 105,000 square foot Shopko into three retail spaces and build a 10,000 square foot addition. at 9520 N. Newport Highway.

The plans include the creation of a new truck loading area at the northeast corner of the existing building. Approximately 22,000 square feet of the building will be unused vacant space, while the three tenant spaces will span a total of nearly 75,000 square feet.

National retail tenants are expected to occupy two of the spaces. The third tenant will be a national fitness center, depending on demand.

The estimated cost of the project is $ 2 million.

Construction is expected to begin in the spring, depending on demand.

Shopko closed its store north of Spokane in 2019 after the company filed for Chapter 11 bankruptcy, citing “excess debt and continued competitive pressures” in a press release.

Bike Hub plans new store in Liberty Lake

The Bike Hub is planning a new location at Liberty Lake in a mixed-use development, according to an environmental study recently filed with the Washington State Department of Ecology.

The commercial and industrial development in stages will be built on 2 acres at 2210 N. Madson Road.

Bike Hub LLC bought the site for $ 400,000 in April, according to the Spokane County Assessor’s Office.

The first phase of the project consists of a 7,560 square foot commercial building that will house The Bike Hub, a barber shop and a wine tasting room, according to the environmental study.

The second phase of the project involves a 6,500 square foot commercial / industrial building.

Construction of the first commercial building is expected to be completed in June.

The second commercial building is expected to be completed in August, according to the environmental study.

Architectural Ventures, based in Spokane, is the architect of the project.

The Bike Hub has locations in the Perry District, downtown Spokane, and the Spokane Valley.