• Home
  • About Us
  • Subscribe
  • Advertise
  • Newsroom
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • Current Issue
    • Latest News
    • Special Report
    • Up Close
    • Opinion
  • News by Sector
    • Real Estate & Construction
    • Banking & Finance
    • Health Care
    • Education & Talent
    • North Idaho
    • Technology
    • Manufacturing
    • Retail
    • Government
  • Roundups & Features
    • Calendar
    • People
    • Business Licenses
    • Q&A Profiles
    • Cranes & Elevators
    • Retrospective
    • Insights
    • Restaurants & Retail
  • Supplements & Magazines
    • Book of Lists
    • Building the INW
    • Market Fact Book
    • Economic Forecast
    • Best Places to Work
    • Partner Publications
  • E-Edition
  • Journal Events
    • Elevating the Conversation
    • Workforce Summit
    • Icons
    • Women in Leadership
    • Rising Stars
    • Best Places to Work
    • People of Influence
    • Business of the Year Awards
  • Podcasts
  • Sponsored
  • INW Senior
Home » Latest News » Big media company buys building on East Sprague

Big media company buys building on East Sprague

Clear Channel to consolidate six stationsÂ’ offices, studios in former Bovay building

February 26, 1997
Kim Crompton

Clear Channel Communications Inc., a big San Antonio, Texas-based, diversified-media company that recently acquired six Spokane radio stations as part of a huge transaction, has bought a 16,500-square-foot building at 808 E. Sprague and plans to consolidate all of the stations offices and studios there.


Kosta Panidas, general manager for the Spokane stations, says the move probably wont occur until next fall, after remodeling work and site improvements have been completed at the building. He says the total cost, counting the cost of buying the building, will be probably a couple million dollars.


The radio stations that will be involved in the move are: KISC-FM (98.1), KKZX-FM (98.9), KNFR-FM (96.1), KCDA-FM (103.1), KAQQ-AM (590), and KUDY-AM (1280). Altogether, they employ about 85 people here.


Three of the stations currently are located in a 6,000-square-foot building at 300 E. Third, and the other three are located at 5106 S. Palouse Highway.


Right now we have some real challenges in the procedures between the two facilities, and consolidating the stations will eliminate those problems, Panidas says. Clear Channel plans to sell the Third Avenue property, but will keep its Palouse Highway property so it can maintain tower facilities there, he says.


Weve been actually working on this project for a long time, Panidas says.


Triathlon Broadcasting Co., of San Diego, which formerly owned most of the stations, had planned to expand the building on Third Avenue this year to accommodate the Palouse Highway stations. That project, however, ran into complications, which led to the decision to buy the East Sprague site, Panidas says.


Meanwhile, the radio stations here went through a series of ownership changes. Clear Channel Communications became their latest owner in late August when it acquired Dallas-based AMFM Inc. in a $24 billion transaction. The deal made Clear Channel the nations No. 1 radio operator, with more than 900 radio stations, as well as 19 television stations and 700,000 billboards. It has been acquiring additional radio stations since then and now owns well over 1,000, Panidas says.


The building on Sprague has been mostly vacant for about two and a half years, but before that had housed Bovay Northwest Inc., a former Spokane-based engineering and architectural firm.


Another engineering firm, Tetra Tech/KCM Inc., had been the most recent tenant in the former Bovay building, occupying a small portion of it, but that firm moved in August to a 2,500-square-foot leased space at 1235 N. Post.


Jeff McGougan, of Tomlinson Black Commercial Inc., handled Clear Channel Communications purchase of the former Bovay building.


Dan Cantu, of Kiemle & Hagood Co., and Robert Tyson, of Campbell Co., handled Tetra Techs move.

    Latest News
    • Related Articles

      Investor group buys building on East Second Avenue

      LeFavourÂ’s lends classic touch to East Sprague

      Roundy's motor-sport dealership to close; Mead school district buys building

    Kim Crompton

    Dignified Workday offers low-barrier jobs to unhoused

    More from this author

    Stay Informed. It’s Free.

    Subscribe to our newsletters and get the latest news and insights delivered to your inbox.

    Choose the newsletters you’d like to receive:
    Please select at least one newsletter.

    We respect your privacy.
    Unsubscribe anytime.

    Thank you!

    You’re subscribed. Keep an eye on your inbox for the latest updates.

    Featured Poll

    What is the single biggest barrier to breaking ground on new projects in our region right now?

    Popular Articles

    • Stevemacdonald pullquote web
      By Karina Elias

      New Markets pipeline grows in Spokane

    • By Matt Stephens

      Voters' view of Spokane region holds steady

    • Mckinley %2821%29 web
      By Karina Elias

      Former McKinley School property listed for $3M

    • Stancraft jet center hanger d6 rendering web
      By Karina Elias

      A $3.5M hangar is underway at StanCraft Jet Center

    • Rivet3 web
      By Matt Stephens

      Commercial muralist builds brand identity, value

    • News Content
      • News
      • Special Report
      • Up Close
      • Roundups & Features
      • Opinion
    • More Content
      • E-Edition
      • E-Mail Newsletters
      • Newsroom
      • Special Publications
      • Partner Publications
    • Customer Service
      • Editorial Calendar
      • Our Readers
      • Advertising
      • Subscriptions
      • Media Kit
    • Other Links
      • About Us
      • Contact Us
      • Journal Events
      • Privacy Policy
      • Tri-Cities Publications

    Journal of Business BBB Business Review allianceLogo.jpg CVC_Logo-1_small.jpg

    All content copyright ©  2026 by the Journal of Business and Northwest Business Press Inc. All rights reserved.

    Design, CMS, Hosting & Web Development :: ePublishing