About Northeast Public Development Authority (The YARD)
The YARD is part of the rich history of industry and rail transportation in the region. From 1892 to 1982, the area served as a leading terminal for The Great Northern railroad where locomotives were built and repaired on site. Today, development opportunities thrive in this Qualified Opportunity Zone, located in northeast Spokane.
City and or County services are available throughout the 1,000+ acres. Class 1 rail access is available, industrial zoning is in place, and site conditions are favorable. The Labor Force is estimated at over 250,000, and customized job training programs are available. Many businesses will qualify for reduced taxes and fees by locating in The YARD. The NEPDA, City and County of Spokane will assist in reducing your costs with a comprehensive package of incentives.
After decades of planning, The YARD is poised for redevelopment and growth. The North Spokane Corridor (NSC or U.S. Highway 395) has reached the western edge of The YARD, with two new interchanges presently under construction. Connection with Interstate 90 is estimated to occur on or before 2029.
Improved transportation and strong market demand are driving new development. In early 2020, LB Stone Properties is expected to break ground on the Esmeralda Commerce Park, situated on 17 acres in The YARD. This project will feature five buildings and up to 410,000 square feet of industrial and distribution space. In addition, Spokane developer Harlan Douglass has announced plans for a $10 million industrial park in northeast Spokane. The project, Douglass Industrial Park, will include two warehouses spanning a combined 193,000 square feet.
Consider expanding or relocating your business to The YARD. The momentum is building!
Key Data Points:
- State Community Empowerment Zone
- Federal Qualified Opportunity Zone
- Hillyard Brownfield Redevelopment Opportunity Zone
- Local incentives including Manufacturing Machinery & Equipment, and Sales and Use Tax Exemption
- Market Access: NAFTA corridor, Class One Rail services and spur access, T-1 Truck Distribution Route
- Over 500 acres of heavy and light industrial zoned property
- 4.5 hour drive time to Seattle, 5.5 hours to Portland, and 8.0 hours to Calgary
- 30 day average permit turnaround
Learn more about Northeast Public Development Authority (The YARD)
The North Spokane Corridor is Coming!
September 27, 2019
The Spokesman-Review. By: Nicholas Deshais. With another section of the North Spokane Corridor complete, freeway is on track to be finished in 10 years. The North Spokane Corridor is on track to be complete in 2029, and "five big projects" buildin... READ MORE
New industrial park planned in The YARD
January 17, 2019
New industrial park planned in Hillyard area L.B. Stone Properties envisions complex with half million square feet Journal of Business , Samantha Peone, January 17th, 2019 Spokane real estate development company L.B. Stone Properties LLC ... READ MORE