PF council OKs developments
The city of Post Falls is poised to add about 85 acres for commercial and retail development along Highway 41 and will also become home to a 131-acre commercial-industrial park near Cabela’s.
City Council members OK’d both projects at their regular meeting Tuesday.
The 85-acres is on the far east edge of town, southeast of Prairie Avenue and immediately east of Highway 41. It will now be available for offices, retailers, wholesalers, service providers and some light manufacturing.
A consortium of developers, including Tullamore Properties LLC, churches and individual landowners requested the annexation and zoning designation.
“The development … will create construction, service and professional jobs generating income that will be spent in Post Falls,” the development group wrote in its application. “In addition, the property tax dollars … should assist the city to provide services for residential development. And the property tax revenues from this commercial development should exceed the cost of services to be provided by the city.”
Banks, dry cleaners, salons, bookstores and similar service providers could pop up on the site.
In separate action, the council gave the green light for further development by FourSquare Properties, which is developing the 925,000 square feet of retail space that will be home to Cabela’s.
Now, in addition to the retail businesses, FourSquare will set aside adjoining property for a 26-lot business park. Offices, light industrial, manufacturing and commercial businesses would be permitted in the subdivision.
The property is north of Interstate 90, east of State Line, south of Seltice Way and west of Baugh Way.
Also approved by the council was the final plat application for the approximately six-acre Syringa Court subdivision, at the intersection of Syringa Road and Poleline Avenue.
Council members also heard good news about its own construction project. Crews this week began pouring the foundation of a new City Hall building.
Mayor Clay Larkin joked that Coeur d’Alene could no longer claim it was the only city with a (construction) crane as a state bird.