A Spokane investor group plans to develop a two-story office building at the northeast corner of Nevada Street and Westview Court on Spokane's North Side.

Spokane periodontist Dr. Steven Aeschliman, who will be majority owner of the building and will move his practice there from 15 E. Central, estimates the total value of the project at around $3.6 million, counting the price paid for the roughly one-acre development site. Construction of the building, which Aeschliman says will include close to 15,000 square feet of floor space, is expected to begin in early summer and to be completed by next spring.

The vacant site where the building is to be constructed is east of the Northpointe Plaza shopping center, in an area where there have been a number of office building projects over about the last 15 years. The site is just north across Westview from the 110-unit Northpointe Retirement Community complex.

Other investors in the project include Dr. Ashley Ulmer, a general dentist who will move her practice to the new building from 9631 N. Nevada; architect Denny Christenson, of Denny Christenson & Associates; Jeff McCloskey, of McCloskey Construction Inc.; Dick Edwards, of Hawkins Edwards Inc., and Tom Cochrane, of Cochrane & Co., all of Spokane.

Aeschliman says his six-employee practice will have about double the space at the new location that it does now and adds that it will be "just a better location for me," while allowing him to be an owner rather than just leasing space.

He says his practice and Ulmer's practice will occupy adjoining suites on the building's ground level, taking up all of the space on that floor, and tenants still are being sought for the second floor, which will have a similar layout and be served by an elevator. In the basement, the building will have a sizable conference room and a kitchen that Aeschliman says will be available for rent. The parking lot serving the building is expected to have close to 60 parking spaces, he says.

Edwards and Pete Thompson, also of Hawkins Edwards, are listing agents for the remaining available space in the building.