The $15 million office and clinical-trail processing plant near the Spokane International Airport needs to be completed by the third quarter 2002 so it will have the facilities to handle an anticipated new contract from a California pharmaceutical company. Biomedex president George Coleman was unavailable to confirm reports that the company expects to haul in about $40 million in annual revenue with its new facility.

Meanwhile, working on the project is the same team of architects and engineers responsible for Immunex's 1.3 million-sf Helix biotech facility in Seattle. A spokesperson for the developer, Granite Investments LLC, tells GlobeSt that groundbreaking on the bio-facility is scheduled for this summer, with completion pegged at summer 2002.

The Pacific NW Technology Park is part of a larger, potentially more than 300-acre development known as West Plains, a development of Spokane-based Granite. Thus far, the larger pieces of the mixed-use project include a 110,000-sf office tower, a $10-million 120-room Hilton Gardens hotel. Granite envisions the park could eventually contain more than 1.5 million sf of floor space, at a development cost between $200 million and $300 million.