From our sister site The Waterland Blog:
It was announced this week that Dan Spalding of Spokane will be the new owner of the Des Moines Theater, which has sat vacant for years at 22325 Marine View Drive.
Spalding is planning on turning the building intoÂ “aÂ mixed use complex consisting of retail and residential space with other possibilities for the theater space.”
He bought the building – built in 1947 and containing 10,572 square feet of space – for $430,000.
Spalding is also a successful real estate developer who helped revive an entire old block on Main Avenue in Spokane. He owns six buildings, and recently acquired two historic onesÂ that served as hotels some 100 years ago.
Read the full story, which includes a video interview, here.