
The city of Spokane Valley has issued commercial building permits for a six-building, $18.7 million multifamily development located south of Saltese Creek, permit information shows.
Dubbed Saltese Creek Apartments, the 192-unit project has changed scoped since plans for the property — located at the southeast corner of Tschirley Road and Eighth Avenue, at 17426 E. Eighth — were first announced.
The development is currently under construction on about 19 acres of vacant land a half-mile southwest of Greenacres Elementary School.
In April 2024, the Journal reported that a 320-unit Saltese Creek Apartments project was the planned first phase of a 400-unit, $240 million Saltese Creek Development, which also included the proposed construction of about 80 luxury single-family homes, each exceeding $1 million in value.
Updated permit information on file with the city of Spokane Valley indicates each of the six multifamily buildings will have four stories and be comprised of 32 apartment units. Additionally, over 40 carports are planned at the site, each measuring 320 square feet in size.
The project features a mix of one-, two-, and three-bedroom units, a community center, and a leasing office, according to the developer's website, which also states that first delivery is expected in the third quarter of this year. A second phase consisting of 128 additional residential units could move forward in the future, which would bring the total apartment units at the property to 320.
Cedar & Sage Homes LLC, of Eagle, Idaho, is the contractor on the project. An architect isn't available on permit information.
A representative of Cedar & Sage Homes didn't respond to a request for comment.
Spokane County Assessor's information shows the property owner is HECW Saltese Creek LLC, which is an affiliate of Boise, Idaho-based commercial real estate development firm Hawkins Cos. LLC, according to incorporation records from the Idaho Secretary of State.
A representative of Hawkins Cos. couldn't immediately be reached for comment.
In addition to revising the number of units at the property, the estimated valuation for each building and the expected construction timeline have also changed. In September 2024, the project received $25.3 million in construction funding from Tulsa, Oklahoma-based BOK Financial, according to a press release from Cushman & Wakefield, a Chicago-based broker.

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