city-of-spokane-valley-council-meeting-agenda-september-23-2025_34b.pdf
Spokane Valley considers Innovia's $44M Ice Facility Proposal
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Description
Innovia Foundation proposes a $44 million ice facility, including hotel and retail, with a city purchase option for $9.4 million after a 99-year lease term. This aims to boost tourism and offer community benefits.
Contract Details
Contract Amount
$44 million
Vendor
INNOVIA FOUNDATION
Agency
City of Spokane Valley, WA
Contract Type
Public-Private Partnership
Document Date
September 23, 2025
Contract Term
$9.4 million purchase option, 99-year lease
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APPROVEDcity-of-spokane-valley-council-action-agenda-august-19-2025_72c.pdf
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