October 2018
Volume 17 • Issue 10
Dick’s plans $7.5M store at Columbia Center BY KRISTINA LORD
editor@tcjournal.biz
Inside
Focus: Construction + Real Estate in the Tri-Cities magazine
Young Professionals
10 rising Tri-City business leaders receive honors Page 9
Food
Construction underway on new Kennewick sports bar and grill Page 27
Investors to build mixed-use building in downtown Kennewick Page 49
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Tri-Cities Area Journal of Business 8919 W. Grandridge Blvd., Ste. A1 Kennewick, WA 99336
Real Estate & Construction
A sporting goods retail chain with more than 730 stores nationwide plans to demolish part of Kennewick’s mall to build a new $7.5 million store. Dick’s Sporting Goods intends to tear down the former Regal Cinemas at Columbia Center and build a 45,138-square-foot store. Dick’s sells sports equipment, apparel, footwear and accessories. It also offers unique specialty stores within the store dedicated to team sports, athletic apparel, golf, the outdoors and fitness. “The city of Kennewick is very excited that Dick’s Sporting Goods has chosen Kennewick for its new store location. The city continues to work in partnership with our community to create a location where safety, good infrastructure and amenities provide an environment for business success and a wonderful place for employees to live, work and play,” said City Manager Marie Mosley. Herschman Architects recently submitted plans to the city of Kennewick for the 1321 N. Columbia Center Blvd. store. The permits for new commercial construction, plumbing, commercial mechanical work were approved Oct. 10. Herschman Architects, which changed its name this summer to Onyx Creative, has offices in Cleveland, Tucson and Los Angeles. The firm states on its website that it offers prototype management service to Dick’s Sporting Goods, including managing and updating four prototype stores − single level, two level, combo store and triple play, which houses three brands under one roof. Founded in 1948, Dick’s Sporting Goods Inc. also owns and operates Golf Galaxy, Field & Stream, True Runner and Chelsea Collective specialty stores. Plans for the Kennewick store call for a onestory building. Columbia Center officials said they could not comment on their new tenant yet. They said in July that the mall had plans to redevelop the old cinema space “for an exciting new retail offering.” Calls and emails to Dick’s Sporting Goods, DICK’S, Page 8
Tyrone Riggle, president of Riggle Plumbing Inc., is one of many Tri-City subcontractors who lost money when Vandervert Construction Inc. was placed in receivership amid financial crisis. Riggle considers his company fortunate to have lost less than $10,000 for work performed for Vandervert Construction after initially filing claims totaling nearly $300,000. (Courtesy Riggle Plumbing Inc.)
Dozens of Tri-City subcontractors still left without paycheck BY ROBIN WOJTANIK
for Tri-Cities Area Journal of Business
Contractors who once did business with Vandervert Construction Inc. are separating themselves into two groups: lucky or unlucky. “We are one of the lucky ones,” said Mary Rosen, controller for Richland-based Garrett Electric Company Inc. The lucky ones are those who got paid most or all of what they were owed for doing work for Vandervert Construction before it went out of business at the start of 2018, owing tens of millions to businesses and the state of Washington. Rosen said Garrett Electric recovered the estimated $90,000 owed in the original claim filed in Spokane County Superior Court receivership documents.
Tyrone and Cindy Riggle of Kennewick’s Riggle Plumbing Inc. estimate they were owed $300,000 at the time the court began supervising Vandervert’s assets and liabilities. The Riggles recently recovered all but about $9,000 they said they were owed. “Thirty years ago it would have bankrupt us,” Cindy Riggle said. “These small companies that are just starting, I can’t imagine. We’ve been around a long time.” Greg Gutzmer, owner of Richland’s Ace Electric, said, “We are actually one of the lucky contractors. We were owed around $90,000 in round figures, but the only project we had going was in Marysville. The owner of that project paid us off to get us to come back to the job site to continue working. So we weren’t out anything.” VANDERVERT, Page 40
Sale to close soon on former aquatics center land in Pasco BY ROBIN WOJTANIK
for Tri-Cities Area Journal of Business
Pasco is ready to offload nearly seven acres of land on the western side of the city once intended for a regional aquatics center. Pasco’s Deputy City Manager Stan Strebel said the 6.7-acre property is under contract with Moore Holdings at $5 a square foot, for a total purchase price of $1.5 million. Pasco originally owned about 14 acres of land near Sandifur Parkway and Midland Lane, north of Interstate 182. The western half of the property sold in 2014 for $2.30 a square foot, totaling $701,316 and is now home to McCurley Integrity Subaru at 9620 Sandifur Parkway. Moore Holdings is set to buy the eastern half and it could become a new location for Speck Hyundai, one of multiple dealerships
owned by J.P. and Katy Moore. When reached by phone, Katy Moore declined to discuss plans for the site, saying their primary focus is on the dealership they recently bought in Grandview, Mid-Valley Chrysler Jeep Dodge. The current land sale is more than double the price per square foot of what was paid for the western half of the parcel, Strebel said. “The McCurley parcel was discounted somewhat due to the fact that it was the initial sale and the city wanted to incentivize that type of development along Sandifur,” he said. He said market forces account for the increase in price. In July, the Pasco City Council agreed to sell the property, nearly five years after support washed up efforts to build an aquatics center there. PASCO LAND, Page 4
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