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A Spokane company headed by developers John Miller and Bob Bonuccelli plans to develop two additional phases of Pinecroft Business Park, in the Spokane Valley, that they project will be the site of $69 million in new commercial buildings.
The company, Pinecroft LLC, will put in the two phases of development on 65 acres of vacant land across Mirabeau Parkway from the Pinecroft Business Park's first phase. The first phase of the park, developed separately by Miller, currently includes seven buildings and is located on 27 acres at the southeast corner of Pines Road and Mirabeau Parkway.
The buildings in the park's next two phases likely will be constructed over the next 15 years depending on demand for building space there, although the first phase has moved along more quickly than had been expected. Miller and Bonuccelli hope that work on the first of the structures will begin this year.
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