Here are some highlights from a Spokane Journal of Business article about 2 large Post Falls proposed projects. Here's the link if you want the full article:
http://www.spokanejournal.com/spokan...ticle&sub=3172
Big projects said eyed at Post Falls
Two development groups could combine efforts; both mull land south of Cabela’s
By Rocky Wilson
Post Falls city officials have been contacted separately over the past six months by two development groups that claim they’re interested in constructing large, destination-type venues either in the North Idaho city or across the border in Spokane County.
Though the development groups haven’t met formally yet, they’ve learned of one another’s proposals and are discussing the possibility of merging their efforts into one project as well as doing a joint venture directly across the Delaware River from Philadelphia, in New Jersey.
Stacy Akana, owner of Xarbin Industries LLC, of Post Falls, and the head of one of the two groups, has been talking with Post Falls Mayor Clay Larkin and city administrator Eric Keck for six months regarding a
plan to build an indoor velodrome, which is a sporting arena built specifically for track cycling and speed skating. Akana claims the facility would seat 50,000 spectators and could be expanded.
Jim Adkins, president and CEO of the other development group, Messengers of Peace Development Corp., of Cherry Hill, N.J., says that group
wants to build a large, three-dome education and technology complex.
Both projects would include many more buildings in a mixed-use format, and either likely would cost many millions of dollars, but Post Falls Mayor Clay Larkin prescribes caution.
Eric Keck, city administrator for Post Falls, says,
“These projects together would put Post Falls on the global map.”
The two development groups say the projects would include many additional buildings, including hotels.
The property they are eyeing in Post Falls includes about 150 acres of land just south of Interstate 90 near the Spokane River, south of a 125,000-square-foot sporting-goods store that Sydney, Neb.-based Cabela’s Inc. currently is building. The three land owners there are Hanson Industries Inc., of Spokane Valley; Green Group Inc., of Tuscaloosa, Ala, which owns the Greyhound Park & Event Center there; and Jacklin Seed by Simplot Inc., a subsidiary of Boise, Idaho-based Simplot Corp.
Both development groups say they’ve looked at other potential sites in North Idaho and Washington, but Post Falls is their No. 1 choice.