SPOKANE, Wash. – Centennial Properties announced the renovation of the old Macy’s building in downtown Spokane.
Centennial Properties said they are embarking on a complete makeover of the 274,000 square foot building. Demolition is underway and it is anticipated the building will reopen in late 2017.
Real Estate Director for Centennial Properties Inc. Doug Yost said they want to add to that vibrancy with the renovation of the Macy's Building.
"We're stripping off the exterior of the building, all the pink granite is going to go away," said Yost.
The mezzanine level of the building will be removed, creating expansive ceilings on the first two floors.
Floors three through four will be designed as flex space for either residential apartments or commercial office space.
The floors above the retail levels are being designed as residential apartments with fifteen apartment units per floor on floors five through nine.
Centennial Properties said a more direct connection of the skywalk to the Bennett Block will lead people through the historic building, allowing the removal of the old stairs. The basement floor of the building will be entirely underground parking.
Centennial Properties is also hosting a contest to name the building. Entries will be accepted form October 1 to 31 at www.riverparksquare.com, as well as in person at the River Park Square concierge desk. The new name will be announced in November.
Yost said the retail space is expected to be done by the end of 2017. The entire project is expected to be done in 2018.
(© 2016 KREM)