Wells makes offer to purchase downtown Rookery block
By John Vlahovich
Spokane Public Radio
Spokane has received one – possibly two – offers on the partially demolished Rookery block buildings downtown.
John Pilcher of the city’s economic development office Monday afternoon told city council members he’d received an official offer prior to the 1 p.m. deadline.
The offer is from Spokane developer Ron Wells.
But Pilcher says there’s another party who has expressed interest in buying the historic structures.
“We do have one proposal and, obviously, if that one meets the requirements of the RFP, we’ll move forward with that,” he says. “But there is another party out there that’s trying to seek an effort to make a submission and we can allow that to happen. But again the one who responded by the 1 p.m. would certainly have precedent and we’d certainly have authority to work with them.”
Spokane is asking $4.8 million for the property. The city council agreed to a plan to save them from the wrecking ball under which the city would front the money. They imposed the condition that money spent is immediately reimbursed.
Pilcher says that city legal staff is reviewing the Wells offer and that he expects to be able to provide details within a few days.
Spokane Public Radio
Spokane has received one – possibly two – offers on the partially demolished Rookery block buildings downtown.
John Pilcher of the city’s economic development office Monday afternoon told city council members he’d received an official offer prior to the 1 p.m. deadline.
The offer is from Spokane developer Ron Wells.
But Pilcher says there’s another party who has expressed interest in buying the historic structures.
“We do have one proposal and, obviously, if that one meets the requirements of the RFP, we’ll move forward with that,” he says. “But there is another party out there that’s trying to seek an effort to make a submission and we can allow that to happen. But again the one who responded by the 1 p.m. would certainly have precedent and we’d certainly have authority to work with them.”
Spokane is asking $4.8 million for the property. The city council agreed to a plan to save them from the wrecking ball under which the city would front the money. They imposed the condition that money spent is immediately reimbursed.
Pilcher says that city legal staff is reviewing the Wells offer and that he expects to be able to provide details within a few days.