A new $1.5 million to $2 million townhouse complex, called the Rockwood Townhouses, is being planned at 308 E. 10th on the South Hill.
Developer Mike Gahvarehchee also co-owns Muneris Inc., the Spokane-based general contractor that will build the five-unit complex.
The attached units will be three stories and will have either two or three bedrooms, Gahvarehchee says.
“They are Mediterranean (style),” he says.
The units will have flat roofs with city views, Gahvarehchee says, and will range in size from roughly 1,500 square feet to 2,000 square feet.
“We are selling them, and we are looking at between $285 and $300 a square foot,” he says, which would put the homes in the roughly $427,000 to $600,000 range.
Construction is slated to begin on the homes next month, Gahvarehchee says.
The plan is to finish the building shells by the end of summer and to complete one unit, he says, and then to complete the rest of the interiors as the units sell.
“We want to finish as we have buyers for them, so it would be a custom build,” he says.
Gahvarehchee has been working with architect Tony Janson, of Spokane-based architectural and engineering firm Womer & Associates Inc., on the project.
Gahvarehchee and his partners launched Muneris last May, he says. The company specializes in using modular construction techniques, a process in which a building is constructed in separate modules, usually off-site, and then put together on-site.
The Rockwood Townhouses, however, mainly will be constructed using conventional on-site methods, Gahvarehchee says.
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