Monday, October 3, 2016

Area business parks adding more square footage with new buildings rising at Pinecroft & Playfair

More local leasable square footage usually equals more businesses and more jobs for Spokane. So it's exciting to see all that is happening in our area business & industrial parks. On the West Plains plans continue to move forward on the Rowand Commerce Park off of I-90 at the Geiger Blvd. / Grove Rd. exit and we expect to start hearing about some of the tenants the developers there claim to have already secured soon.

Elsewhere around Spokane 2 more parks are in the middle of new building projects, one primarily for office space and the other primarily for Industrial / Warehouse space. Here's the details on those projects-

Playfair Commerce Park building Playfair 5

It's hard to believe how far the Playfair Commerce Park , just a couple of miles east of Downtown Spokane, has come. Just a few years ago Playfair sat as an abandoned horse track that once upon time also operated under the Playfair name. Today companies like Scafco, Flowers Foods, Airefco Inc. , AMI Metals, Inc. and others call the already built buildings home.

And now Playfair Commerce Park has started construction on another new building called Playfair 5 which will be built adjacent to Altamont St on the western side of the Playfair property. The building is already 50% leased with CWallA , a construction supply company already agreeing to open there once it is complete. This new building is scheduled to open in the Spring of 2017 and contrary to it's name will actually be the fourth building at the commerce park.

Once fully built out ( likely a few years from now ) the Playfair Commerce Park will be a 58 acre campus with 100,000's of square feet of total space. The location of the park also peaked interest in some of the surrounding areas too with Able Label opening in a newly constructed facility directly across the street also just recently.

Pinecroft Business Park building new building with potential for a on site restaurant

Spokane Valley's Pinecroft Business Park is a popular stop for some of the Spokane area's food trucks so it would only make cense for Pinecroft to build their newest building with space for a food service operator.

That's the case with a building Pinecroft's management is proposing at 12709 E. Mirabeau Pkwy. . Most of the building however will be used for office space with one tenant already locked in. PayTrace Inc. , who already operates out of a smaller space in the park will take 10,000 square feet of the 27,500 square foot purposed building. The rest is still up for lease including the 5,000 square foot restaurant space.

Construction on this new building is already underway with a completion date set for sometime around April of 2017. Pinecroft Business Park boasts 14 total buildings and 400,000 square feet of space with big name tenants like the Sears Marketing Center , Next IT , Merchant e-Solutions , Amica Mutual Insurance Company and several more.

Also...

The Iron Bridge Office Campus off of Trent Ave by the Spokane River is working on as many as three new buildings .  More on those projects can be found at this prior INBW post-

And, we're still hearing rumors all over the area of more plans for the future. While I'm sure we may see a bit of lull till after the election, there is a LOT of exciting projects in various phases all over the Inland Northwest right now.

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