Construction is underway on the initial phase of residential developments in the core of the Atlas District urban renewal area on the north bank of the Spokane River in west Coeur d’Alene.
The city has projected the developments planned and underway for this year will exceed $50 million in construction value. That’s not counting a $42.5 million, 384-unit apartment complex planned on district land west of the waterfront core, where Spokane developer Lanzce G. Douglass Inc. has started initial foundation work. Douglass has told the Journal that the 12-building River’s Edge apartment complex will be constructed over the next few years. The company is acting as the contractor on the development, and Russell C. Page Architects PS, of Spokane, designed it.
In a portion of the district southeast of the Seltice Way-Atlas Road roundabout, Atlas Building Group LLC, of Coeur d’Alene, is partnering with Bluegrass Development LLC, also of Coeur d’Alene, to develop single-family homes along the north side of Atlas Road, says Tony Berns, executive director of ignite cda, which is Coeur d’Alene’s urban renewal agency.
Atlas Building Group has obtained 30 building permits valued at a total of $18 million, according to permit information on file with the city of Coeur d’Alene, and several homes are in various stages of construction on the north side of Atlas Road and on the east and west sides of Kiln Road.
Atlas Building Group also is listed as the designer on the permits.
Immediately north of there, a development group led by Ann Beutler and John Beutler, of Coeur d’Alene-based real estate brokerage Century 21 Beutler & Associates, plans to begin construction this year on a development envisioned to include 16 townhomes and 12 detached single-family homes, Berns says.
The Boise office of luxury homebuilder Toll Bros. Inc. plans to construct at least 26 townhomes on the north side of Atlas, just east of the Atlas Building Group development site.
Near the northwest corner of the district, Boise-based deChase Miksis Development plans to begin construction on an 84-unit apartment complex.
On the east end of the district, Active West Builders LLC, of Coeur d’Alene, is expected to begin construction on 24 planned town home units, Berns says.
The Atlas District is a 68-acre urban renewal district that encompasses the industrial area formerly occupied by the Atlas Mill, which was last used for sawmill operations in 2008.
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