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Mon., July 2, 2012, 4:41 p.m.

STCU plans to open new branch on Moran Prairie later this year

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Spokane Teachers Credit Union is breaking ground for its 16th branch office at 5711 S. Hailee Lane on Moran Prairie in Spokane.

The branch will serve the area near Palouse Highway and 57th Avenue, one of the busiest intersections on Spokane’s South Hill.

This branch is designed by Spokane’s Nystrom+Olson Architecture. Walker Construction is the general contractor for the 4,096-square-foot building. Construction is estimated to cost $916,000.

Like the recently opened South Valley Branch, this office is designed for earn an LEED Gold certification for high energy efficiency.

Its features include solar panels, heat-reflecting roof materials, efficient lights and heating system, and interior furnishings that are certified low in volatile organic compounds.

It’s expected to open by the end of 2012

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The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.