The shuttered Garden Terrace Manor Nursing Home, on Spokanes lower South Hill, will be redeveloped into medical-office condominiums as part of a $3 million project there.
The four-story structure, to be renamed the Northview Medical Arts Building, is located at 424 W. Seventh and is being designed to house 12 office condos, though some of those could be combined to make larger units, says John Robertson, a Seattle-based businessman. Robertson is developing the building on behalf of its owner, Edgar Cleveland, of Washougal, Wash.
As planned, the project involves gutting and rebuilding the structures interior, Robertson says. The exterior also will be revamped to include a prominent glass feature, including a glassed-in stairway, he says.
Design work on the project is under way, and Robertson hopes to start the demolition work in the building by year-end. Tenant improvements on individual office condos could start as soon as next February, and units could be ready for occupants by the end of 2006, he says.
Robertson says the structure will be redeveloped to meet environmentally friendly standards set by the U.S. Green Building Council, called Leadership in Energy and Environmental Design, or LEED, standards. He says he believes it will be one of the first projects in the Spokane area constructed to such standards.
Initial configurations show units ranging in size from 1,500 square feet of floor space to 2,350 square feet. Those units would range in price from about $470,000 to about $890,000.
The structure had housed Garden Terrace Manor until April 2003, when the Washington state Department of Social and Health Services revoked the license of Cleveland Care Centers Inc., of Washougal, to operate the 61-bed facility after it was determined to be an imminent threat to the safety of the residents.
Robertson is developing the property on Clevelands behalf through a company called Robertson Capital ServicesNMAB LLC.
He is founder of Robertson Capital Corp., a 9-year-old, Bellevue, Wash.-based commercial real estate mortgage company. He says the Northview medical-condo project is his first foray into development.
Scott Person, of Spokanes Tomlinson Black Commercial Inc., will market the planned condos.
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