Liberty Lake-based Greenstone Corp. is working to erect two new mixed-use buildings on Summit Parkway this year and has plans to begin work on a third mixed-use project in that neighborhood.

Construction is underway for the Flatiron and the Jefferson building projects, both of which are located north of Summit Parkway, west of My Fresh Basket grocery store.

Jim Frank, founder of Greenstone, says about half of the 49 total residential units are completed, and the retail spaces in each building are about 30% complete.

The Flatiron, at 1102 W. Summit Parkway, will be a 13,000-square-foot, three-story mixed-use building. Valued at $5 million, the building will host retail space on the ground floor, with four lofts on each of the two upper floors. It was designed by Seattle-based Shoesmith Cox Architects PLLC.

The Jefferson, located at 1128 W. Summit Parkway, just west of the Flatiron site, will be a five-story mixed-use building valued at $15 million.

Designed by Spokane-based Bernardo-Wills Architects PS, the L-shaped building will have space for retail or a restaurant on its ground floor, with 41 rental units occupying the top four floors.

Frank says the Flatiron and the Jefferson will be ready for occupants in spring 2021.

Across Summit Parkway from those two projects, Frank says Greenstone is in the preliminary stages of planning a mixed-use building that will include an underground parking garage.

Frank expects construction on the parking garage to begin this year, and construction of the building itself will start in 2021.