Spokane-based CM Development & Construction LLC, a developer behind several multifamily projects under construction in Spokane, is planning two new apartment complexes valued at a combined $6.8 million.

The Threshold, a $3.5 million, 43-unit complex at 1727 E. Hartson, and The Timberline, a $3.3 million, 29-unit complex at 4911 S. Freya, both are planned within walking distance to public transit, footpaths, and other public amenities including parks and child care centers, says Josh Cochran, co-owner of CM Development & Construction.

CM Development, a trade name for MAC Development & Construction, is the contractor for both projects, according to permit information on file with the city of Spokane.

“Our vision is creating these walkable communities that improve the quality of life for citizens in Spokane,” Cochran says.

The Threshold, named for its location between Spokane's South Perry and East Central neighborhoods, will provide workforce and mixed-income housing on an acre of vacant land located south of the Liberty Aquatic Center, at 502 S. Pittsburg, Cochran says. The land was purchased for $450,000 through a holding company in 2022, he says.

As planned, the four-story, 40,000-square-foot apartment complex will be located within walking distance to the Liberty Park Early Learning Center, at 1525 E. Hartson, offering future tenants close access to child care services, Cochran adds.

Upon completion, the Threshold will house over 200 residents. The complex is comprised of 22 750-square-foot one-bedroom units; 14 905-square-foot two-bedroom units; and six 1,100-square-foot three-bedroom units. Rental rates for the apartments are currently undetermined, Cochran says.

Permit approval is expected this fall, he says, adding that construction likely will conclude within 15 months.

Press Architecture LLC, of Spokane, is the architect and Whipple Consulting Engineers Inc., of Spokane Valley, is the engineer for the Threshold.

Four miles south of the Threshold, at 4911 S. Freya in Spokane's Moran Prairie neighborhood, CM Development is planning a $3.3 million 29-unit, three-story complex, dubbed the Timberline, Cochran says.

Cochran purchased the property and the parcel directly south of the land, both nearly three acres, through holding companies for $825,000 and $900,000, respectively.

The units at the Timberline will be larger than those at the Threshold. The Timberline complex is designed to fill a home-replacement niche for residents wanting to downsize from a house, he contends. The 34,000-square-foot building will consist of 18 1,075-square-foot two-bedroom units; 10 1,175-square-foot three-bedroom units; and one 2,350-square-foot four-bedroom unit.

The Timberline will feature home finishes including granite countertops and 9-foot ceilings. Planned amenities include a root cellar, indoor gym, and a clubhouse, in addition to exterior features such as a pond, blueberry farm, and other landscaping. The property will also be fully gated, he adds.

Cochran anticipates work to begin in the fall. Construction is expected to wrap up  in 18 months. The Timberline will be constructed near an existing single-family home, which will remain occupied through construction, he adds.

“As costs have gone up, a single-family home is not available to everybody, so I wanted to create a fully secure, very safe place for folks to live in a great neighborhood with great amenities,” Cochran says. “I wanted to create a cozy environment that feels like home for folks who want to live in that neighborhood.”

Mercier Architecture & Planning is the architect of the Timberline, and Whipple Consulting Engineers is providing engineering services.

CM Development also is developing a $20.5 million, 94-unit multifamily complex on Spokane’s lower South Hill, dubbed the Summit Apartments, and an $11 million, 78-unit complex in Spokane Valley, dubbed The Preserve on Park, the Journal previously reported.