Wandermere Estates LLC, a development company led by Spokane builder Dick Vandervert, plans to push development in the Wandermere area farther north with an office park and a large apartment complex.


The projects will cost about $10 million each to develop.


The office park is slated for about 20 acres of land at the northwest corner of U.S. 395 and Farwell Road, across Farwell from the Wandermere West retail complex and cater-cornered from the larger Wandermere Shopping Center.


The office complex, to be called the Wandermere Business Park, will include a total of 12 lots surrounding a man-made lake. Construction of the lake likely will start next month, Vandervert says.


Numerica Credit Union, of Spokane, is building a branch office on one of the 12 lots and plans to open it later this year. Vandervert says he will market the other lots to professionalsphysicians, veterinarians, attorneys, among otherswho want to build and own their own buildings.


More and more professionals want to own their own facilities, Vandervert says. Were going to have that lake there, so theyll be able to overlook the lake but still have exposure to (U.S.) 395.


He expects that most of the buildings constructed there will be occupied by a single tenant and will have about 5,000 square feet of office space, but the lots will be large enough to accommodate multitenant buildings with up to 10,000 square feet of floor space.


Lot owners will be able to bring in their own contractors to build their structures, but Vandervert Construction Inc., of which Vandervert is president, will pursue future projects on those lots.


The apartment complex is slated to be built just north of the office park site.


As planned, it will include 108 living units, and the average unit will have about 1,000 square feet of floor space, he says. The complex will be similar in design to other apartment projects that Vandervert has developed.


Construction of the complex is scheduled to start this fall, and the first living units there likely will come available next spring.


Vandervert Construction will build the complex, and Russell C. Page Architects PS, of Spokane, is the architect.