Tuesday, August 31, 2010

Planting a Tree... Starting a Community

  

For some people it was just a blustery afternoon in mid-April. 

For others it was Earth Day. 

And for us it was the start of something big. 
Big for Greenstone, big for the City of Spokane, and big for the many people who will like and work at Kendall Yards. 

We officially broke ground at Kendall Yards by planting a tree. A tree that symbolizes the thousands of trees that will be planted throughout Kendall Yards in the years to come. 

They are not just trees. They are swings for grandchildren. They are air conditioners. They are homes for birds. They are investments that boost property values. And they will be everywhere at Kendall Yards.

We believe in it... alternative transportation

  

At Kendall Yards your car won't be your only source of transportation. Shoes and bikes count as transportation, and when you're feeling more ambitious you can even go for a ride in a kayak or a raft.

Walk to 10 Spokane Attractions


They say that location is everything. And we agree. Kendall Yards is location at it's finest. Especially if you like everything that Spokane has to offer. All of the following places are just a short walk or bike ride from home when you live in Kendall Yards:

1) Spokane Symphony
The Spokane Symphony performs at various downtown Spokane locations that are close to Kendall Yards.  

2) Riverfront Park
A spectacular views of the falls, a 5 story Imax theater, outdoor ice skating, 1909 historic Loof Carousel, gondola over the falls, and home of the 1974 World Expo.

3) Spokane Veterans Memorial Arena
Spokane's premier concert, sporting, and events center. Home of the Spokane Chiefs Hockey and Spokane Shock Arena Football. 

4) Riverpark Square
Shopping, dining and entertainment center all in one place at River Park Square in the heart of downtown Spokane.

5) The Davenport Hotel
The Davenport Hotel has been a Spokane landmark since it opened in September of 1914.

6) INB Performing Arts Center
The premier entertainment venue in the Spokane region hosting everything from theater, symphony concerts, ballet, grand opera, road shows, country and rock music spectaculars, musical stage productions, travelogues, conventions and lectures.

7) Spokane Convention Center and Visitors Bureau
The excellent physically surrounds of this location provide an ideal location for conventions, trade shows, events and local celebrations.

8) YMCA
Health and fitness are important to you. At the YMCA they understand and they provide a state-of-the-art Aquatic Center, Teen and Family Centers, Fitness Center and Gymnasium.

9) Centennial Trail
This scenic paved path runs along the Spokane River from the Idaho State line to Nine Mile Falls right through Kendall Yards. 

10) A Restaurant with a View
Spokane has lots of great restaurants. Close to Kendall Yards you'll find several restaurants that will not only serve food great food but a great view also. We suggest trying Anthonys and Clinkerdaggers.



What Everybody's Asking about Kendall Yards


Frequently Asked Questions

What is the vision for Kendall Yards?
Kendall Yards is an urban development that places a high emphasis on environmental sustainability and walkability. When complete Kendall Yards will be a compact, complete, authentic urban community.
The Master Plan for Kendall Yards is available on the Kendall Yards website, www. KendallYards.com.

Where is the initial phase of homes located? 
The first phase of homes at Kendall Yards will be located west of the Maple/Ash corridor on the 1800 block of West Bridge Avenue between Oak and Elm.

What is the price range for homes in the initial phase?
The base prices range from $119,990 to $199,990 for homes in the first phase. We are striving to provide homes that Spokane residents can afford. Buyers will have the choice to add additional upgrades if they purchase before construction is completed. Special financing is available for all new homes at Kendall Yards from our mortgage partner.

What are the sizes of the homes in the first phase?
Homes start at 1,074 Sq. Ft. in the first phase of residential homes at Kendall Yards. The initial phase will include Greenstone’s Cityside Townhomes and The Lofts Townhomes. There will also be 9 lots for alley entry single family homes. The townhomes range from 1,140 Sq. Ft. to 1,744 Sq. Ft. The detached single family homes start at 1,074 Sq. Ft.

We are very interested in green building, what are Greenstone’s practices?
Every Greenstone home is constructed to ENERGY STAR specifications. We use low-emission paints and carpets, efficient heating and cooling equipment, and high performance windows.  We use advanced framing techniques and we specially seal the home’s heating and cooling ducts to help reduce drafts, moisture, dust, pollen, pests, and noise. You can expect better air quality and lower utility costs.

Will there be maintenance free services at Kendall Yards?
Yes. The townhomes in Kendall Yards will have yard maintenance and snow plowing included in the monthly association dues. Detached single family homes will also be maintenance free in the initial phase.

What will the monthly association dues be at Kendall Yards?
Monthly association dues will vary depending on the home you purchase and the level of maintenance services you receive.  Association dues for the first phase have not yet been finalized.

Will home owners at Kendall Yards have to pay property tax?
Multi-family homes at Kendall Yards will qualify for a partial property tax exemption through the City of Spokane. For more information please contact Jayson Hunnel at 509-720-8401.

When can I view homes at Kendall Yards?
By fall 2010 homes that are available for sale will be accessible for viewing. To view finished houses before that time you can visit another Greenstone community to see completed homes and townhomes. We suggest visiting Ponderosa Ridge in Spokane’s Indian Trail area, River District on the Spokane River in Liberty Lake, Rocky Hill in Liberty Lake, and Coeur d’Alene Place in Coeur d’Alene Idaho.

Can I pick the interior finishes for my home at Kendall Yards?
Yes. If you purchase your home before construction starts or in an early stage of construction you will be able to choose your home’s finishing touches at Greenstone’s full service Design Center. We recognize that your home is a significant investment. Your comfort and satisfaction are important to us. At our Design Center you’ll be able to walk through sample rooms for a first-hand look at options in lighting, paint, plumbing fixtures, flooring, carpets, cabinets and tile. We want you to be confident that the design of your new home reflects your personal style. 

I want to write a Purchase and Sale Agreement, who can I contact to do so?
To submit an offer please contact Jayson Hunnel at 509-720-8401. We’re honored that you want to live in a new Greenstone home at Kendall Yards.

I have my own builder, can I purchase a lot?
No. In the initial phase Greenstone Homes will be the only builder. This may be an option in future phases. 

I want my home to have a view of the Spokane River, when will those homes be available?
Greenstone is maintaining an interest list for these lots. We intend to start taking lot reservations for these homes soon after we start building in the initial phase. 

When will Kendall Yards be complete?
Kendall Yards is projected to be completed in 15 years. This depends on Real Estate and Commercial market conditions, local and regional economic indicators, and home and commercial sales in the community.

Wandering Table Came to Kendall Yards


Eventually there will be brick and mortar restaurants in Kendall Yards – but even now restaurants are coming to Kendall Yards. Pop-Up restaurants that is. The Pop Up Restaurant showed up earlier this summer in Kendall Yards, and this past weekend The Wandering Table came to the Herb Hamblen overlook. The Wandering Table is a restaurant that changes locations monthly. Reservations are a must, and often must be made months in advance, many months in advance. Once you make reservations you’ll have to wait till a few hours before the dinner to hear where you will eat, perhaps we’ll see you again sometime in Kendall Yards.

Property Tax Abatement at Kendall Yards


They say that the only sure things in life are death and taxes. But we're excited to tell you that you can pay less taxes when you live at Kendall Yards.

The City of Spokane’s Multiple Family Housing Property Tax Exemption Program(SMC 8.15 and RCW 84.14) is available for multi-family(4 units or more) homes in Kendall Yards. The goal of the program is to discourage urban sprawl and encourage more multi-family residential, including affordable housing, within existing centers and corridors of the City.

Under this program the land is fully taxed but the value of the new residential structure is exempt from property taxes for either 8 or 12 years depending on the unit affordability.  At Kendall Yards the townhomes in phase 1 are expected to qualify for a 12 year exemption.

Homeowners must file an annual report* with the City of Spokane’s Development Incentives Department. Failure to submit the annual report may result in cancellation of the tax exemption.

For more information contact the City of Spokane’s Development Incentives Department, (509)625-6967, or contact Greenstone.

*Greenstone will be available to assist with the annual report if needed.