Commercial development at the mixed-use town center in Liberty Lake, dubbed the NoLL, has slowed slightly due to current economic conditions, but residential development in the area remains strong and includes the ongoing construction of about 75 rental units near the west end of the center, says Greenstone Corp. CEO Jim Frank.
A group of four commercial buildings are planned on the north side of Indiana Avenue.
“We’re doing some architectural planning now on ... four additional buildings that we hope there’ll be some construction on before the end of the year,” says Frank.
Greenstone is acting as its own contractor for the NoLL, which stands for North Liberty Lake. Shoesmith Cox Architects PLLC, of Seattle, created the original building designs.
A separate cluster of four commercial buildings in the development, including a 2,500-square-foot dental office, is nearing completion, he says.
“There have been some slowdowns on one or two of the buildings because of economic circumstances and interest rates, and so forth,” he says.
As previously reported in the Journal, the full development of the NoLL is estimated to cost between $50 million and $70 million. The development is located on about 20 acres of land south of the Spokane River, and north of Interstate 90. The town center will have between 15 and 20 buildings once complete.
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