As many of you know, Coeur d'Alene received a groundbreaking gift of $60m from the Kroc Foundation earlier this year. This gift is being used to build a 109,000 sf community center. Today's Coeur d'Alene Press has an article about the center: "Kroc Center plans move along nicely" (link expires in 30 days).
The article talks about where they are at in the building process: having selected the contractor, the design is in the final stages. The design includes a sound proof recording studio, 10 lane competition swimming pool with spectator seating for 200, spacious chapel/performing arts center with seating for 400, among others.
The facility will be situated on 12 acres at the intersection of Ramsey Road and Golf Course Road, just north of the UPS facility with easy access to I90. The cost of building the facility is budgeted at $33m, with the remaining 27m being used as an endowment fund generating approximately $1.5m annually which is slightly less than 1/2 of the expected annual operating expenses. The remaining funds expect to be derived from donations and user fees. Expected opening is late 2008 to early 2009. To contribute, visit Coeur d'Alene's Salvation Army website.
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It's fantastic to see waterfront land, that housed old mills, being developed into lush, beautiful communities to be shared by all with walking & biking paths, mixed use housing, quaint shops and more. Today's Coeur d'Alene Press has an article about the changing shape of the Spokane Riverfront: "Changing the flow" (link expires in 30 days).
- "Bellerive is a planned mixed-use community with retail adjoined to condominiums, townhouses and single-family homes. The development includes a boardwalk along the river bank with access to private boat slips. The Riverfront House condominiums range from 1,000 to more than 2,600 square feet. The Boardwalk Homes are single-family homes ranging from 2,500 to more than 3,000 square feet in size and the Courtyard Homes are townhouses ranging from 1,300 to around 2,000 square feet."
- Just down the river is Rivers Edge in the Mill River development just off Seltice Way. The gated waterfront community has 22 luxury homes ranging from 3,400 to about 3,700 square feet, starting at $1.825 million. Each resident also has access to a private boat slip and the option to apply for membership at The Club at Black Rock.
The beauty of these developments is that they are located adjacent to the Centennial Trail, making quick and easy access to downtown Coeur d'Alene and encouraging use of the outdoors.
Cabela's has started construction on their 125,000 sf destination store in Post Falls. Along with Cabela's, site grading has begun on The Pointe at Post Falls, an 800,000 sf, 235-acre complex of big-chain stores, restaurants, retail outlets and more. There are also 2 hotel sites and and additional adjacent 70 acres that will be residential.