San Diego-based Newland Communities says it plans to begin work next year on a ninth phase of its Eagle Ridge development, the big residential community located in the Latah Valley area of south Spokane. The latest phase, it says, is expected to include 100 single-family homes with a total value of more than $15.5 million.
Taylor Engineering Inc., of Spokane, is completing civil engineering design work for the planned phase, and the developer hopes to submit preliminary plans for the south-side phase of Eagle Ridge to the city of Spokane in October, says Lori Henriksen, Spokane-based vice president of Newland Communities.
Henriksen says the company's goal is to win approval for the phase in time to begin work there at the start of the 2012 construction season.
Newland Communities will develop the addition on about 25 acres of land south of Eagle Ridge Boulevard, and initial homes to be built there will be targeted toward entry-level buyers, with prices starting in the mid-$150,000s, she says.
The starter homes will include single-story cottage homes with 1,100 to 2,000 square feet of living space and two-story village-style homes with 1,500 to 2,000 square feet of living space, Henriksen says. Many of those homes will have alley-entry garages, she says.
"It will allow a streetscape with nice Craftsman-style front porches," Henriksen says.
A subsequent stage will include what Henriksen refers to as upper-end entry-level homes with an average of 2,500 square feet of living space, as well as higher-priced homes, Henriksen says.
"We expect them to stretch into the $300,000 price point range because of the dynamic views," she says.
Builders in the ninth phase likely will be Condron Homes LLC and Paras Homes LLC, both of Spokane, and Greenstone Corp. and Morse Western Homes LLC, both of Liberty Lake.
More than 600 homes already have been built at Eagle Ridge, and the master-planned community is envisioned to have 1,100 homes and more than 160 acres of open and forested space when finished.