SPOKANE, Wash. — The Falls Tower project is in an amazing location that offers breathtaking views of the Spokane River.

Crews demolished the old YWCA on Broadway Avenue to clear the site for the new luxury apartments and hotel.

Documents filed with the City of Spokane show the mixed-use, multi-phased development project will have not two but three high-rise towers.

Initial plans showed two towers featuring 126 apartments and 26 condos.

New concept designs of The Falls suggest the third tower will be a 124-room hotel.

There are also plans for a Plaza for visitors to take in the views of the river, along with space for restaurants and offices.

RELATED: Hidden treasure: Two safes found at Spokane YWCA, including one with antique silver

The project is still in the early stages, making it too soon to confirm a completion date or when people can move in.

Across the river, crews with a different developer are making progress on renovating the Riverfalls Tower on Riverside Avenue, not to be confused with The Falls on Broadway.

NAI Black released a video with a latest look at what the apartment complex could look like when it's complete.

The building will keep its 98 units plus two ADA accessible units. Developers say the Riverfalls Tower could be ready to open to future residents by August next year.

RELATED: Falls Tower project gets the 'OK' for demolition, with conditions