Kendall Yards community gets underway with 18 homes - Spokane, North Idaho News & Weather KHQ.com

Kendall Yards community gets underway with 18 homes

SPOKANE, Wash. – Construction has begun at Kendall Yards on the first phase of what will be Spokane's premier urban neighborhood, Greenstone Corporation announced on Thursday.

Greenstone unveiled plans for two styles of townhomes and a series of single-family homes as it publicly launched sales efforts during an Earth Day celebration at Kendall Yards. Business and civic leaders joined Greenstone representatives in planting the environmentally conscious community's first trees.

"Kendall Yards will have wide appeal from young professionals to those ready to downsize," said Jim Frank, owner and founder of Greenstone Corporation. "We are excited to start bringing the vision for a compact, urban, pedestrian-friendly community alive."

Foundation work on the first of what will be 18 homes along Bridge Street got underway this week. Work on infrastructure development, Summit Parkway and the first phase of Great Gorge Park and the Centennial Trail will begin in the next few weeks.

"We've waited for this moment of celebration for a long time.  Kendall Yards will provide a great, economically diverse option for people to live within walking access of all of the great places and activities in downtown Spokane," said Spokane Mayor Mary Verner. "This exciting urban community will help spur sustainable social and economic growth and re-energize an important connection between the West Central Neighborhood and downtown Spokane."

Spokane's housing market has shown signs of increased activity in recent months. MSNBC recently ranked Spokane among the top five housing markets nationally. The first of the new Kendall Yards homes, a mix of nine single-family houses and nine townhomes, is expected to be completed this summer.

Prices on townhomes, which include four urban-loft-style townhomes and five "City Side" townhomes, begin at $119,990. Nine single-family "Element" homes, start at $149,990. Floor plans are available on the Kendall Yards virtual sales center at www.kendallyards.com.

Greenstone acquired Kendall Yards in November and plans to develop the property on the north bank of the Spokane River as a progressive mixed-use community. Plans include a blend of commercial and residential elements, and offer housing options at more diverse price points.

Greenstone expects to start construction on dozens more residential units along Summit Parkway later this year. That work, the balance of the first phase, includes 18 residential homes north of Summit Parkway and more than two dozen homes south of Summit Parkway on the bluff overlooking the Spokane River Gorge.

Interest in homes at Kendall Yards has been steady, Frank said. Greenstone has begun accepting earnest money agreements.

Prospective Kendall Yards buyers are drawn to the idea of a healthy-by-design community with a full complement of services within walking and biking distance. Each home will be Energy Star certified, and Greenstone is offering cruiser-style bicycles to early homebuyers.

"Kendall Yards will be an economically diverse, compact and pedestrian-friendly mixed-use residential and commercial community that incorporates environmentally sensitive and sustainable design qualities," Frank said.

Greenstone has also noted that it is important that the energy and investment in Kendall Yards lead to investment and revitalization of the West Central Neighborhood.

"Greenstone is committed to continue our work on ‘complete streets,' urban infill and mixed-use development regulations and zoning enforcement to help ensure the revitalization of the West Central Neighborhood," said Jason Wheaton, president of Greenstone.

For more than 25 years, Greenstone has been committed to providing high-quality neighborhoods in the Inland Northwest. By collaborating with top planning and design professionals, local municipalities, schools and community members, Greenstone has created many of the finest neighborhoods in the region. They include the planned, mixed-use communities of Montrose and Coeur d'Alene Place in North Idaho and Meadowwood and River District in Liberty Lake. Additionally, with a focus on sustainability, our developments and residential construction is designed to Builtgreen and Energy Star certified standards, making Greenstone a market leader in the sustainable, green movement.

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