Developer says Prairie Shopping Center on track; supermarket anchor could open by October 2026

Post Falls — Developer Jerry Dicker updated the Post Falls Urban Renewal Agency on Dec. 18 about the Prairie Shopping Center project in Zone C of the Post Falls Technology Urban Renewal District, saying the first building is under construction and a mix of tenants are lining up.

"I think we should be done by March," Dicker said of the building under construction, adding that two tenants have signed leases, two others are in negotiation and Jersey Mike's is among the signed tenants. He said tenant possession is expected in March–April and that tenant buildouts would follow.

Dicker also described a larger prospective tenant he said could be the project's anchor. "Our major tenant is supposed to close escrow by Monday," he said, adding that the tenant would be "50 to 60,000 square foot" and, if the deal closes as expected, could open in October 2026.

Dicker said most public improvements are finished but that roughly $100,000 in smaller public-improvement tasks remain; those items are tied to having the buildings in place and access to water for final work. He said those finishes would be completed in time for the anchor tenant's opening.

On a separate parcel known locally as the Douglas property, Dicker said progress has been slowed by what he described as litigation among heirs. He said the developer has offered to buy back about 80 acres but that title and litigation questions are slowing resolution.

The developer suggested the confirmed supermarket lease would accelerate leasing of remaining space; he offered to return to the Commission with an update next month.

What happens next: Dicker said the project team will continue tenant buildouts and permitting; the Commission did not take action on the project during the update.