Two towers worth more than 70 million dollars are reshaping near-downtown Spokane
Spokane's most significant current residential development is concentrated in two projects near downtown with a combined value exceeding 70 million dollars: Falls Tower, a luxury high-rise at 630 North Lincoln, and the roughly 50 million dollar Koz on West 4th Avenue multifamily project at 307 West Fourth. Apartment units in both projects were expected to be ready for lease in fall 2026, giving the market a concrete, near-term delivery timeline rather than a speculative multi-year horizon.
Falls Tower specifically is a 12-story, 38-unit condominium building with underground parking, a genuinely boutique-scale luxury project for a market where high-rise condominium development has historically been rare. That scarcity matters for how the project should be positioned: in a market without an established high-rise luxury condo pattern, a rendering brief benefits from being explicit about the building's amenities and positioning rather than assuming buyers already understand what a Spokane luxury tower offers, since there is limited local precedent to reference.
Honest read: this is meaningful, concrete construction activity for a market of Spokane's size, but it remains modest in absolute scale compared to the billion-dollar-plus projects covered in most other metros in this series, and a rendering brief should calibrate its ambition and tone accordingly, grounded and specific rather than borrowing the scale-driven language appropriate to a major coastal metro's megaproject.