Otis Hotel micro-apartments in early-stage development
The former Otis Hotel, located at 110 S Madison in Spokane's West End, has been vacant since 2007, when the low-income residents who then called the building home were evicted (often in not-so-great circumstances) to make way for a new condo development. Ultimately, that condo development failed in the recession, and ownership passed from investors to banks and back again.
Now, it again looks like a developer is exploring redeveloping the property. While at this point the developer is unknown, ZBA Architecture, which perhaps most famously served as the architect for the Community Building/Saranac remodel, has attended a Pre-Development Conference with City staff. The Otis Hotel project would remodel and modernize the former SRO units on the second through fifth floors into studio and one-bedroom apartments at a total construction cost estimated at $4.5 million. With floor plans ranging from 250 to 510 square feet, and ultimately as many as 100 apartments occupying the building, it's safe to classify the project as a "micro-apartment" project. The first floor would likely see remodeled retail space.
Indeed, while the pre-development conference includes no construction timeline, and a Pre-Development Conference is not a building permit application, we should take this news as confirmation that there is significant interest in redeveloping the former Otis building.
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