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Local News - Local News - September 13, 2012
Spokane developer Ron Wells airs Ridpath Hotel redevelopment proposal
Spokane developer aims to convert hotel rooms into 'micro-apartments'

By Mike McLean
Of the Journal of Business

Wells & Co. says it's close to consolidating the fragmented ownership of the downtown landmark Ridpath Hotel, which the company wants to convert into the Ridpath Club Apartments.
Wells & Co. says it's close to consolidating the fragmented ownership of the downtown landmark Ridpath Hotel, which the company wants to convert into the Ridpath Club Apartments.
-File Photo
Wells & Co., a Spokane real estate development company that specializes in historic rehabilitation projects, has approached the city with a plan to turn the long-shuttered former Ridpath Hotel building into an apartment complex.

The company has submitted a preliminary proposal for its vision to convert hotel rooms in 10 stories of the 13-story hotel into what could be more than 200 "micro-apartments," which it describes as an affordable urban housing option ideally suited to young...


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