Falls about to rise
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Permitted multifamily units—such as the 36-unit Falls Tower luxury condominium building under development on Spokane's North Bank neighborhood—are up over 12% in Spokane County, but the market is showing signs of stabilization after significant growth in the last two years.
| Karina EliasGroundwork has started at the site of the Falls Tower project, where developers at Spokane-based L.B. Stone Properties Group are preparing for the construction of a 12-story, 36-unit luxury multifamily condominium tower, located at 630 N. Lincoln, in Spokane's North Bank neighborhood. Spokane-based Walker Construction Inc. is the general contractor for foundation and concrete work at the site, which together are valued at $5.7 million, city of Spokane permit information shows. The Spokane office of Seattle-based Collins Woerman Co., designed the project.
