With three buildings already finished, Bill Betts, owner of Liberty Lake’s McKinzie Business Park, says the next three buildings are currently on the drawing table in some form.

Betts says he expects construction on the fourth building at the business park to begin next year. McKinzie Business Park is adjacent to RnR RV Center, which is located at 23203 E. Knox just south of Interstate 90.

 “They’re either with the project architect or in the permitting stage with the city (of Liberty Lake),” Betts says of the plans for the additional buildings. “This is coming along well, and I’m really pleased with how the process is moving.”

When fully developed, the business park will have eight buildings with a total of 85,000 square feet of space. Betts says he hopes to have the entire business park finished by 2020.

He declines to say how much money he has spent on construction costs at the 5-acre park, but he estimates the complex will have a value of $10 million to $11 million when it’s completed.

A 15,000-square-foot third building, located at 2207 N. McKinzie Lane, was finished in the spring. Western States Equipment Co. is the anchor tenant there, occupying half the building, Betts says.

Eric Hedlund Design, of Coeur d’Alene, was the project architect, and Better Built Contracting, which Betts owns, served as the general contractor.

The building’s design and layout closely resembles the first building developed at the McKinzie Business Park, which was constructed in 2014 and is located at 2208 N. McKinzie Lane, just east of the recently finished structure. That single-story building was erected on a 36,000-square-foot portion of the property that McKinzie LLC owns.

Betts says the first two buildings erected there are fully leased, while the third building is 80 percent occupied. Betts says the proposed fourth building is 25 percent leased, but he says he doesn’t break ground on new structures until they’re at least 50 percent leased.

Current tenants at McKinzie Business Park range from auto repair to construction-related businesses. Spokane-based concrete contractor Pacific Grinding is among the current tenants at the park, and Betts says he’s negotiating a lease with a brewery that he declines to identify.