A Spokane developer is seeking approval to develop about 300 high-end homes on two big parcels east of Sullivan Road and north of 32nd Avenue just south of the Spokane Valley city limits.
A preliminary plat hearing for the first parcel, which includes 38 acres and would be used for the proposed 101-lot Remington Hill 3 subdivision, was held last week. Plans for the second parcel, which is located just west of there and would be the site of a proposed about 200-lot subdivision to be called Timberlane Terrace, are about a month behind the first parcel in the planning process, says James R. Fox, president of Rem-Rock Corp., of Spokane, which would be the developer of both subdivisions.
Fox says a portion of the Remington Hill 3 development will be on land previously platted for another Rem-Rock subdivision called Remington Hill, where about 35 homes have been built over the past seven years. That development had been platted for about 100 homes, but its plat with Spokane County has lapsed, he says.
Now, he hopes to receive final plat approval for the two new projects and begin work concurrently on Remington Hill 3 and Timberlane Terrace this summer.
He declines to disclose expected development costs or the value of the currently proposed projects, but says the homes there would start at about $350,000.
How long it takes to build all of the homes will depend on how long the housing boom lasts, says Fox. It could be five years, or it could be 15 years.
While Timberlane Inc. and various building contractors have built about 100 homes or more over the years in the Foxes first two developments, Diamond Rock Construction Inc., of Spokane Valley, built the roughly 35 homes in Remington Hill, and Rem-Rock, which was formed in 1995, will do some construction work in the new developments, says Fox.
The northern end of Remington Hill 3 touches the southern boundary of the city of Spokane Valley at about where 24th Avenue would run if it were extended that far east. The entrance to the subdivisions will be on the south, near 32nd and Man OWar Lane. Fox says additional work on Whirlaway Lane will be required if the subdivisions are approved.
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