• Home
  • About Us
  • Subscribe
  • Advertise
  • Newsroom
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • Current Issue
    • Latest News
    • Special Report
    • Up Close
    • Opinion
  • News by Sector
    • Real Estate & Construction
    • Banking & Finance
    • Health Care
    • Education & Talent
    • North Idaho
    • Technology
    • Manufacturing
    • Retail
    • Government
  • Roundups & Features
    • Calendar
    • People
    • Business Licenses
    • Q&A Profiles
    • Cranes & Elevators
    • Retrospective
    • Insights
    • Restaurants & Retail
  • Supplements & Magazines
    • Book of Lists
    • Building the INW
    • Market Fact Book
    • Economic Forecast
    • Best Places to Work
    • Partner Publications
  • E-Edition
  • Journal Events
    • Elevating the Conversation
    • Workforce Summit
    • Icons
    • Women in Leadership
    • Rising Stars
    • Best Places to Work
    • People of Influence
    • Business of the Year Awards
  • Podcasts
  • Sponsored
Home » Daines eyes $50 million office park

Daines eyes $50 million office park

Complex could house 1,000 workers, but tenants must be secured if itÂ’s to proceed

February 26, 1997
Lisa Harrell

Packet Engines Inc. founder Bernard Daines says a high-tech office park he hopes to develop in the Spokane Valley could house dozens of buildings with up to 3 million square feet of floor space and the capacity to house more than 1,000 workers.


Plans for the office park are on hold, though, until Daines is able to find tenants that are willing to commit to locating there.


The proposed office park, which currently is being called Packet Park, would be located on 90 acres of land just north of Interstate 90, between Sullivan and Flora roads. The land currently is owned by Spokane industrialist and developer Raymond Hanson. Daines says talks regarding the land havent been finalized, but if the office park were to proceed, he expects that he would form a partnership or a limited liability company with Hanson and others to develop it.


Daines declines to estimate how much it would cost to develop the entire 90-acre site, saying the project would be developed in several phases. He says, however, that the cost of the buildings alone would total more than $50 million.


The office park originally was intended to house a new facility for Packet Engines, a high-tech computer-networking company here that was sold last December to Paris-based Alcatel for $315 million. However, Alcatel since has decided not to expand Packet Engines here, Daines says.


Now, Daines is working on launching his next high-tech startup, tentatively called Worldwide Packets, and that company might occupy space in the planned park, he says.


No other users have committed to lease space yet, although Avista Corp. has expressed interest in opening a back-office operation there for its Avista Advantage business unit, and Visiontec President Rick Hansen has said he would like to see that company there, Daines says. He adds that at least two other large companies also have inquired about occupying space in the proposed park. Daines declines to disclose the two large companies, but says, Theyre all names you would recognize.


If tenants were secured, Daines says he and his partners likely would develop a first phase that would include four or five buildings with about 500,000 square feet of floor space.


One of the selling points of the property, besides the surrounding mountains and its views of the Spokane River just to the north, is that the Centennial Trail serves as the northern border of at least half of the property, Daines says. He says that should be especially attractive to high-tech workers who would be able to ride their bicycles to work from home along the Centennial Trail.


Within the park, Daines hopes to build a four- to five-story structure on the middle of the northern side of the property, near where the Spokane River curves to the north. He envisions restaurants, which would have views of the Spokane River, occupying space on the top floors of the planned multistory building. Other tenants in that facility might include a fitness center and a day-care center. He says the building also likely would house conference rooms that could be used by employees who work at the park.


Preliminary plans for the park show extra land at the northwest corner of Interstate 90 and Flora that hasnt been included as part of the office park. Daines says that extra land has been set aside for possible future use by the state for a mini interchange.


If this park really generates as much traffic as we think its going to, were going to be required to build a type of mini interchange there, Daines says.


Plans for the proposed office park have been in development for the past two years, Daines says.


He says the project had been stalled earlier because the county wouldnt allow Hanson to develop land near the Spokane Valley Mall, which is located across Sullivan to the west, until a public-private agreement to pay for the new Interstate 90-Evergreen Road interchange had been signed.


Bernardo-Wills Architects PC, of Spokane, designed the preliminary site plan of the planned office park.

    Latest News
    • Related Articles

      $30 million office park planned

      Daines buys building for his start-ups

      Daines sues Alcatel over tax liability

    Lisa Harrell

    Retail store to be built along Ruby

    More from this author
    Daily News Updates

    Subscribe today to our free E-Newsletters!

    SUBSCRIBE

    Featured Poll

    What is Spokane's most iconic historic building?

    Popular Articles

    • Stephanie vigil web
      By Karina Elias

      Catching up with: former news anchor Stephanie Vigil

    • 40.13 fc art
      By Tina Sulzle

      $165 million development planned at CDA National Reserve

    • Binw davebusters (72) web
      By Journal of Business Staff

      Dave & Buster's to open Spokane Valley venue in August

    • Stcu ceo lindseymyhre web
      By Journal of Business Staff

      STCU names new president, CEO

    • Centennial lofts
      By Erica Bullock

      Large Spokane Valley residential project advances

    • News Content
      • News
      • Special Report
      • Up Close
      • Roundups & Features
      • Opinion
    • More Content
      • E-Edition
      • E-Mail Newsletters
      • Newsroom
      • Special Publications
      • Partner Publications
    • Customer Service
      • Editorial Calendar
      • Our Readers
      • Advertising
      • Subscriptions
      • Media Kit
    • Other Links
      • About Us
      • Contact Us
      • Journal Events
      • Privacy Policy
      • Tri-Cities Publications

    Journal of Business BBB Business Review allianceLogo.jpg CVC_Logo-1_small.jpg

    All content copyright ©  2025 by the Journal of Business and Northwest Business Press Inc. All rights reserved.

    Design, CMS, Hosting & Web Development :: ePublishing