Co-owners and operators of a Coeur d’Alene assisted-living facility are part of a prospective ownership group exploring the potential to develop a similar facility for up to 80 residents on the South Hill.

The development site would be on 5 acres of vacant land at 4515 S. Freya, which is at the southeast corner of Freya Street and 44th Avenue.

Valerie Glauser says she represents a potential ownership group looking into whether it’s feasible to address drainage issues on the property before purchasing the land and proceeding with the project.

Glauser and her husband, Ron, co-own the Renaissance at Coeur d’Alene Assisted Living Community with another couple, Fred and Mindy Weber, through Riverside Land Holdings LLC.

She says, however, that an ownership group separate from the Renaissance would own and operate the South Hill facility, tentatively named Four Seasons Assisted Living.

A predevelopment application on file with the city of Spokane for the Four Seasons project lists the applicant as Lakeside Capital Group LLC, of Spokane.

As envisioned in the application, the project, which has an estimated construction value of $3 million, would include four or five wood-framed, single-story buildings, each of which would accommodate 16 residents.

“We’re doing some due diligence,” she says. “It’s very tentative because of issues with the rock, and the sheer cost of developing stormwater drainage is going to be expensive.”

Glauser says Four Seasons would be similar in concept to Renaissance at Coeur d’Alene.

That facility has three one-story, 16-unit buildings. Each building is a stand-alone facility with its own common living room, dining, room, kitchen, library, spa, and laundry facilities.

The Renaissance employs a staff of about 10 for each building.

Assisted-living services there include a full-time nurse on staff, medication management, diabetic health monitoring, scheduling of medical appointments, communications with care providers, a health and wellness program, and assistance with activities of daily living.

Extendicare Health Services Inc., of Milwaukee, had proposed to develop a 120-bed, $14 million skilled-nursing center at the South Hill site in 2007, but had dropped those plans by 2010, according to Journal archives.

The company sold its U.S. operations in 2014. At one time, Extendicare operated three facilities in Spokane and two in Coeur d’Alene. 

Health Poconos Inc., of Atlanta, acquired the property in February, Washington state Department of Revenue records show. No sales price is listed for the transaction.