Viking Construction Inc., of Hayden, Idaho, says it hopes to start site work this spring on a nearly 200-lot residential subdivision its planning to develop in Airway Heights.
The development, to be called Traditions, would be located north of Sixth Avenue, roughly between Lawson and Lundstrom streets if they were extended north of Sixth, says Scott Krajack, land development director at Viking Construction. It would be west of the 288-lot Pillar Rock Estates subdivision that Spokane-based Rudeen Development LLC has started site work on; northwest of Aspen Park, a 555-unit development that Carlsbad, Calif.-based Foursquare Properties Inc. has proposed; and northwest of the planned 206-lot Blue Grouse Estates subdivision being developed by Blue Grouse Developments LLC, of Spokane.
Traditions likely would include homes priced at between $150,000 and $250,000, and at that price range the development would have a total value of roughly $40 million when completely built out, Krajack says.
Homes in the development would range in size from about 1,500 square feet of floor space to 3,000 square feet of space, he says.
The city of Airway Heights annexed the 50-acre development site in December, and Viking Construction now is seeking approval by the city of a preliminary plat for the project, Krajack says.
The company hopes to start infrastructure work on the subdivision by the end of May, in which case it would start building homes later this summer. The 50-home first phase would take about 18 months to complete, and Krajack says he expects the entire subdivision would take about six years to build.
Viking Construction, which designs all of the houses it builds, hasnt drawn up plans for homes in Traditions yet, he says.
This will be the home builders first project on the West Plains. The company currently is working in subdivisions in Coeur dAlene, Post Falls, and Spokane Valley, among others.
Viking Construction decided to enter the Airway Heights market because of the growth thats occurring there, and because the project site is near the Interstate 90 corridor, a characteristic of many of the companys other projects, Krajack says.
Contact Emily Brandler at (509) 344-1265 or via e-mail at emilyb@spokanejournal.com.