A Liberty Lake-based developer has submitted preliminary plans to develop a technology campus around the former Agilent Technologies Inc. building, in Liberty Lake.
The developer, Jim Frank, says Meadowwood Partners LLC, which he heads, is seeking to subdivide the 70-acre site at 24001 E. Mission into 35 parcels on which new buildings and additional parking areas would be built.
Frank also is president of Greenstone Corp., which is developing the River District mixed-use development in Liberty Lake, the Kendall Yards urban community northwest of downtown Spokane, and several residential developments in Spokane and Kootenai counties.
"We're going through the permitting process with the city of Liberty Lake," Frank says of the Meadowwood plans. "This gives us the opportunity to develop the balance of the site."
Frank says the site, located at the northwest corner of Mission Avenue and Molter Road, is only about half occupied by the 250,000-square-foot former Agilent building and parking.
The campus is expected to be developed over a 10- to 12-year period and to include about 450,000 square feet of additional building space for industrial, technology, office and commercial uses, plans say. The campus will include space for support services "with the flexibility to house retail services for the employees within the campus and residents in adjacent neighborhoods," plans say.
Shared amenities envisioned for the campus will include recreation and conference facilities and a cafeteria, Frank says.
He says he expects that the city of Liberty Lake will approve the subdivision within 60 to 90 days.
Meadowwood Partners bought the property from Agilent Technologies June 8. Spokane County Assessor's Office data indicate the company paid $6 million for it.
Agilent Technologies, a Santa Clara, Calif.-based scientific instruments maker, had said earlier that it plans to close its Liberty Lake operation by this fall after having reduced its work force here over a number of years. The company moved its Liberty Lake employees last year to leased space at 23321 E. Knox, in Liberty Lake.
Agilent is a spinoff of Palo Alto, Calif.-based electronics manufacturer Hewlett-Packard Co.