Steam Plant

What Steam Plant does

Steam Plant Restaurant & Brew Pub is a single-location, full-service American restaurant and event venue operating from a historic 1916 building at 159 South Lincoln Street in downtown Spokane, Washington. The venue is owned by GVD Commercial Properties Inc. (Jerry Dicker), which acquired the property in 2021 and reopened it as a restaurant and brew pub. The business serves individual diners, wedding couples, corporate clients, and private event hosts through five integrated revenue streams: dine-in restaurant service, brew pub / craft beverage sales, event venue rental across multiple spaces (Rooftop, Stacks Room, Game Room, Avista Loft, and private dining rooms ranging from 16 to 200+ guests), full-service catering, and online ordering via Toast and UberEats.

The underlying technology stack is entirely third-party and non-proprietary: Toast for POS and online ordering, OpenTable for reservations, SpotHopper for website and email marketing, UberEats for delivery, and EZ Cater for commercial catering orders. The venue has no proprietary software, no mobile app, and no AI-driven features. Its core competitive asset is the historic building itself — a National Register of Historic Places landmark with iconic 225-foot smokestacks, original industrial architecture, and a Rooftop Event Center added in a $4 million renovation in 2017. The 2001 National Preservation Honor Award and listing on three historical registers anchor the venue's brand premium.

The business model is a hybrid of pay-as-you-go unit pricing for dine-in beverages and entrées ($15-49 per entrée, $7-13 cocktails), tiered catering pricing ($18-67 per person), and per-event venue rental for weddings and private events. Marketing is multi-channel, relying on social media (Facebook, Instagram), review platforms (Yelp, Tripadvisor, Google), reservation and catering marketplaces (OpenTable, EZ Cater, The Knot, WeddingWire), and promotional events tied to food holidays. The company employs 29 people and operates with limited public financial disclosure.

Name

Steam Plant

Legal name

Steam Plant Restaurant

Website

https://steamplantspokane.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Steam Plant Restaurant & Brew Pub is a single-location historic American restaurant and event venue in downtown Spokane, Washington, operating from a 1916 National Register building. It serves individual diners, wedding couples, and corporate clients through dine-in, catering, craft beverages, and private event rentals.

Ownership category

akta.pro rank

Headquarters

HQ city

Spokane

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Dine-in Restaurant Sales: Revenue from food and beverage sales during regular dining service. The restaurant serves American cuisine with craft beers, cocktails, and wine. Operating hours are Tue-Thu 4PM-9PM and Fri-Sat 4PM-11PM.
2. Brew Pub Operations: Sale of craft beers including rotating local IPAs, ciders, and seasonal selections on draft and in bottles/cans.
3. Event Venue Rental: Revenue from renting event spaces including the Rooftop, Stacks Room, Game Room, Avista Loft, Pipe Room, Boiler Room, Wine Cellar, and Board Room for weddings, corporate events, and private celebrations.
4. Catering Services: Full-service catering for off-site events including breakfast buffets, lunch buffets, plated dinners, hors d'oeuvres, and cocktail receptions. Minimum 20 person requirements for buffet services.
5. Online Ordering & Delivery: Revenue from to-go orders placed directly and through third-party delivery platforms including UberEats.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Steam Plant Restaurant & Brew Pub operates a historic American restaurant and brew pub housed in a restored 1916 Central Steam Heat Plant building in downtown Spokane, Washington. The venue serves upscale American cuisine with craft beers, cocktails, and wine, and offers private event venue rentals, full-service on-site and off-site catering, and online ordering for takeout and delivery. Operations include a Rooftop Event Center and multiple private dining and event rooms for weddings, corporate events, and private celebrations.

Product overview

Steam Plant operates as a single-location restaurant and brew pub with multiple integrated service offerings. The core product is the Steam Plant Restaurant & Brew Pub (historic American dining), which serves as the foundation for several complementary modules: catering services for off-site and on-site events, a full event center with diverse venue spaces (Rooftop, Stacks Room, Game Room, Avista Loft, and private dining rooms), dedicated wedding packages, and online ordering for takeout/delivery. The offering is unified under one historic Spokane landmark, with services designed to support both dine-in experiences and special events.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Historic venue serving downtown Spokane for over 100 years
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Partnerships

Four partnerships are on record, tiered core and minor.

• GVD Commercial Properties Inc.coreStrategic or Co-development Partner · 1 January 2021Owned by Jerry Dicker, GVD Commercial Properties purchased the Steam Plant in 2021 and reopened it as Steam Plant Restaurant & Brew Pub. The company continues to preserve the historic building while developing new event spaces around the industrial beauty of the structure.
• Ruby HospitalitycoreImplementation/ SI/ Consulting PartnerRuby Hospitality manages events at the Steam Plant. Becky, the Events Manager, handles wedding inquiries and private event coordination. Contact: [email protected], (509) 242-3705.
• UberEatsminorChannel Partner/ Reseller/ DistributorThird-party food delivery partnership enabling customers to order Steam Plant menu items for delivery via the UberEats platform.
• EZ CaterminorChannel Partner/ Reseller/ DistributorThird-party catering platform for ordering Steam Plant to-go lunch catering through ezcater.com.

Scale indicators5 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• The Old Spaghetti Factory: National chain operating family-style Italian restaurants inside restored historic buildings, frequently used for group events. Comparable business model of leveraging a historic, visually distinctive venue to drive dine-in and group/event demand.
• Claim Jumper Restaurants: American restaurant chain known for large-format dining, full bar, craft beer, and private dining/banquet spaces. Comparable business model focused on group events, weddings, and high-volume dine-in.
• Rock Bottom Restaurant & Brewery: Multi-unit brewpub chain pairing in-house brewed craft beer with full bar and full-service American dining. Directly comparable brewpub model with dine-in and group/event capability.
• BJ's Restaurant Brewhouse: National brewpub chain with in-house craft beer program, full bar, and large-format dining rooms used for group dining and private events. Comparable in combining brewpub + event/restaurant operations under one roof.
• McMenamins: Pacific Northwest brewpub and historic-property hospitality chain operating restaurants, breweries, hotels, and music venues out of restored historic buildings. Directly comparable to Steam Plant in combining craft brewing, dine-in, weddings/events, and historic-venue positioning within the same regional footprint.

Regional players

• Hotel Tacoma (Hotel Murano) — Events & Restaurant: Upper-mid-scale Pacific Northwest hotel with restaurant and event/wedding venue. Comparable Pacific Northwest event-and-dining operator that competes in the same regional wedding and corporate-event market.
• Hotel & Restaurant Baba (Clinkerdagger): Historic Spokane restaurant inside the former Clinkerdagger building overlooking the Spokane River, with full bar and banquet service. Closely comparable historic-venue Spokane sit-down dining experience.
• Chatter's Restaurant & Events: Long-standing Spokane-area restaurant and event venue. Comparable as a regional competitor targeting the same Spokane wedding, corporate, and casual-dining demand pool that Steam Plant serves.
• The Davenport Grand Hotel (restaurant and event venues): Spokane's largest luxury hotel with multiple on-site restaurants and ballroom/wedding venues. Comparable as a downtown Spokane competitor for weddings, corporate events, and upscale dine-in.
• Anthony's at Spokane Falls: Spokane waterfront upscale-casual restaurant with banquet/event capability. Comparable as another Spokane sit-down dining and private-event competitor within the same downtown/event market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/286840563542
• Instagraminstagram.com/steamplantspokane
• LinkedInlinkedin.com/company/steam-plant

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Steam Plant