Doug Clark: Young man’s drive behind West End Lofts project
Posted by: Groundspeak Premium Member T0SHEA
N 47° 39.386 W 117° 25.758
11T E 467764 N 5278204
The Jefferson and Norman Hotels were built within four years of each other, very closely matching and nearly appearing as a single building.
Waymark Code: WMTD50
Location: Washington, United States
Date Posted: 11/04/2016
Published By:Groundspeak Premium Member saopaulo1
Views: 0

The building consists of two long, narrow hotels melded so as to appear to the casual observer as a single hotel. The slight difference in color of the brown bricks, however, gives the subterfuge away, as do the differing styles of the cornices.

The building has been converted to condos which were being advertised for sale when we visited. There is no sign of businesses on the ground floor, indicating that it, too, could contain condos.

When that conversion process was underway the Spokane Spokesman-Review published an article on the building and its new owner, which can be read in part below.
Doug Clark: Young man’s drive behind
West End Lofts project
It wasn’t so long ago that First and Jefferson was a major Spokane destination – if you wanted to buy crack.

Today, this once seamy downtown location has become a reassuring sign that our economy is on an upswing. Ask Daniel Sanchez, who has doubled down on the biggest gamble of his 35-year-old life.

Sanchez is busy turning two three-story 1908 buildings, the Jefferson and its next-door neighbor, the Norman Hotel, into cool urban living spaces and boutique retail shops that will enhance the revitalization of West First Avenue.

West End Lofts, he’s calling the project. Target date for completion: June 2016.

“I embrace the challenge,” Sanchez said. “I welcome it and I’m trying to do it right.”

His original plan, he added, was to buy just the Jefferson. But when the Norman also came up for sale, Sanchez took a deep breath and got the financial backing he needed to buy both buildings for $1.1 million.

Then the fun began.

Work crews have been gutting the vintage buildings, leaving the exposed brick and wood beams. The idea is to sell eight 3,000-square-foot shells that can be customized to suit an owner’s tastes and needs.
Read more at the Spokane Spokesman-Review
Photo goes Here
Jefferson and Norman Hotels
Type of publication: Newspaper

When was the article reported?: 11/22/2015

Publication: Spokane Spokesman-Review

Article Url: [Web Link]

Is Registration Required?: no

How widespread was the article reported?: regional

News Category: Business/Finance

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