A subdivision with 84 single-family residential lots and six commercial lots is taking shape just east of the Broadmoor Outlet mall in Pasco.
And a nearby multi-family subdivision owned by the same company is poised to add more homes as well.
The new subdivision, called Broadmoor Terrace, sits on 34 acres.
Idaho-based Big Creek Land Co. has “sold the lots in chunks to builders so there are a lot of homes being built in there,” said Wendy Greeno of D&R Investments, the Pasco company managing the property. Three companies are currently building the houses.
Big Creek Land Co.’s nearby development, Columbia Villas, is entering its third phase of construction. It already features 100 finished rental units in 50 duplexes at Road 76 and Sandifur Parkway.
There’s been a demand for the rental homes, Greeno said.
“We are 100 percent occupied and have been for several months,” she said.
An additional 34 units, or 17 duplexes, are planned to the north.
“We’re ready to break ground,” Greeno said.
Monthly rent for the two-bedroom homes will be $1,000 to $1,100 and for the three-bedrooms, $1,325 to $1,400.
The six commercial lots available for sale front Outlet Drive directly across from the outlet mall.
“That corridor is finally exploding,” said Greeno of the development along Sandifur Parkway between roads 100 and 68. “Not to mention all these new homes within a few miles of there and that’s on top of everything that was already there. The traffic counts have to be huge now on that road.”
One of Big Creek Land Co.’s principals has had a presence in the Tri-Cities market since 2000, Greeno said.
The owners “potentially anticipate” building a future storage facility just south of the Broadmoor Terrace subdivision, Greeno said.
One of the company’s partners also owns GarageTown in Kennewick, which opened in 2006.