Crown West Realty is planning to build a state-of-the-art distribution and logistics center spanning multiple buildings within the Spokane Business and Industrial Park in Spokane Valley.
The Euclid Logistics Center, to be built at the corner of Fifth Street and Euclid Avenue, will have four to five buildings with a combined 500,000 square feet of industrial space, said Dean Stuart, general manager for the Spokane Business and Industrial Park.
“We are in a position where we now have the capacity to expand inside our industrial park,” Stuart said. “We believe (The Euclid Logistics Center) will allow us to provide the market with options, along with the best amenities and pricing in the market.”
Construction of the first phase will begin in September and consist of a 120,000-square-foot LEED-certified building at 3808 N. Sullivan Road. It will include truck access, additional exterior space for food-truck courts and a 36-foot-high ceiling designed to attract distribution companies.
“It will be the first project in the market to have that kind of clear height,” Stuart said. “The trend for distributors is to go higher and expand up rather than out.”
The remaining phases of the project will be built depending on overall market demand, Stuart said.
As part of the project, Fifth Street in the Spokane Industrial Park will be reconfigured from East Euclid Avenue to a railroad crossing to the north to include three lanes with a sidewalk on one side, according to an environmental study filed with Spokane Valley.
Stuart declined to comment on the estimated project cost and prospective tenants, although he said there’s been some interest from companies.
Spokane Valley-based Divcon Construction is the project contractor and Spokane-based Russell Page Architects is designing the building.
The Spokane Industrial Park – owned and managed by Crown West Realty – is home to 120 companies employing more than 4,500 people. The park offers more than 5 million square feet of space for lease.
Crown West Realty, a full-service real estate investment firm that manages office, industrial and agricultural properties, has offices in Spokane Valley, New York, Phoenix, Denver and Tucson, Arizona.
Phase one of the Euclid Logistics Center is expected to be complete by the end of 2019.
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