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Latest News

—Staff photo by Mike McLean

Making gains amidst turmoil

Credit unions enjoy jump in deposits during banking crisis
July 30, 2009
Mike McLean
Executives at credit unions here say growth at their cooperatives is outpacing that of banks.Many credit unions have reported double-digit percentage increases in deposits, as well as jumps in membership and loans over the last 18 months, which
Read More

Real Estate Roundup

July 30, 2009
Mike McLean
Portland Ore.-based Starplex Corp., doing business here as Starplex/Crowd Management Security, has leased 3,600 square feet of office space at 907 W. Sharpe and has moved its Spokane office there from smaller quarters at 720 W. Mallon. Mark McLees
Read More

Poe Asphalt Paving gets subcontract for big runway rehabilitation at SIA

July 30, 2009
Jeanne Gustafson
Poe Asphalt Paving Inc., of Post Falls, has been awarded a $5.5 million subcontract to complete asphalt repaving Spokane International Airport's runway rehabilitation project.The company is a subcontractor under Acme Concrete Paving Inc., which
Read More

Liberty Lake congregation plans $3 million building

Blew's to construct church; further expansion planned
July 30, 2009
Jeanne Gustafson
Liberty Lake Community Church is planning a $3 million project to erect a 24,000-square-foot church facility on land it owns in Liberty Lake and also expects to sell its current property.The new church building is to include a 6,000-square-foot
Read More

Pension fund manager to move, change name

Compass Group will relocate, use Washington Capital Management name
July 30, 2009
Jeanne Gustafson
The Compass Group, the big pension-fund manager, is moving to a new location here and plans to change its name to reflect its relationship with Seattle-based Washington Capital Management Inc.Rich Hardan, president of Compass Group, which has of
Read More

Physician plans North Side medical building

$1.7 million structure on Holland Avenue site to replace small office
July 30, 2009
Mike McLean
Dr. Daniel Dibble, who owns SpineTeamSpokane, in Spokane Valley, says he plans to develop a $1.7 million medical building on Spokane's North Side and to open a larger clinic there that will become the flagship office for the practice.The planned
Read More

Sunset Inn properties to be sold

Trustee's sale planned to satisfy $829,000 debt
July 30, 2009
Jeanne Gustafson
A trustee's sale of a West Spokane motel and trailer park is slated for July 31, to satisfy a defaulted loan, interests, and fees totaling $829,000. The property is comprised of five parcels on about three acres, on which the Sunset Inn and the
Read More

Trust proposes commercial project in east Liberty Lake

Eight-lot property could be ready to move forward when economy improves
July 30, 2009
Mike McLean
A Spokane family trust has submitted to the city of Liberty Lake preliminary plans for an eight-lot commercial development.The development is proposed for 9.3 acres at 24023 E. Appleway, just south of Interstate 90, according to an application a
Read More

City moves to annex housing development near Hillyard

Manufactured-home park residents had filed request last year, but endured delay
July 30, 2009
Jeanne Gustafson
The Spokane City Council has passed a resolution confirming its intent to annex 15 acres near the Hillyard area where an 83-lot manufactured-home park is being developed. The property is located a quarter-mile south of Francis Avenue on the of
Read More
—Staff photo  by David Cole

Spokane Valley chocolatier looks for manufacturing shop

Chocolate Myracles Inc.'s owner says growth merits larger production area
July 30, 2009
David Cole
The owner of a Spokane Valley chocolatier, Chocolate Myracles Inc., says she is looking for a larger production facility to help the business meet increased demand for its products.The owner, Julia Balassa-Myracle, says she is looking to lease a
Read More
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