Leading the effort will be Granite Investments primary partner Richard Vandervert, whose namesake construction company owns several hotels. The three-story limited-service Hilton Gardens will be modeled upon a new prototype Hilton format. Russ Page Architects of Spokane is designing the 65,454-sf hotel on three acres situated off a planned extension of Flint Road, one-half mile from the Spokane International Airport.

McKee says his LLC is raising approximately $6 million from private investors in first-round money for the West Plains development. Other plans for the campus include office space, and high-tech/biotech facilities.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.