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Latest News

Clare House looks to receive $9.5 million from state bond

Funding for 120-unit apartments to include low-income tax credits
November 25, 2009
Jeanne Gustafson
The Washington state Housing Finance Commission has agreed to issue $9.5 million in tax-exempt revenue bonds for a multifamily affordable housing project at the Clare House retirement complex on Spokane's South Hill.Whitewater Creek Inc., of on
Read More

American Drapery to move to larger space in the Valley

Renton-based company also will begin marketing flooring products here
November 25, 2009
David Cole
Renton, Wash.-based American Drapery, Blind & Carpet says it plans to move its longtime store on East Sprague further east to larger quarters, and also will begin selling flooring products at the new location. Wendy Edwards, a Renton-based for a
Read More

AmericanWest expects boost from tax rule

Bank holding company anticipates $13.7 million gain under assistance act
November 25, 2009
Kim Crompton
AmericanWest Bancorp., of Spokane, says it expects its regulatory capital ratios and those of its main operating subsidiary, AmericanWest Bank, to improve significantly as the result of a new law that extends the federal income tax carryback period
Read More

CVB to add panel to study future funding

Also plans to open joint office with Hartford CVB in Washington, D.C.
November 25, 2009
Richard Ripley
The Spokane Regional Convention and Visitors Bureau will seek to appoint a blue ribbon committee of board members and other business leaders to help it address long-range funding issues.Separately, the CVB and the Greater Hartford (Conn.) and a
Read More

Empire Ford property sale said pending

Transaction, if completed, would stave off trustee's sale postponed to Feb. 5
November 25, 2009
Kim Crompton
A California-based real estate investment trust has signed a purchase agreement to acquire the former Empire Ford auto dealership property in downtown Spokane, says Nate Greene, who along with his wife, Roberta, owns the property through The Greene
Read More
—Staff photo by Jeanne Gustafson

Ham hawkers hot on holidays

November 25, 2009
Jeanne Gustafson
Spokane residents Jeff and Shawna Miller have shouldered their share of challenges in their small-business ventures here in the last year. Jeff Miller says that although his eyes may have glazed over a few times at the circumstances he's faced &
Read More

Shipper plans $3.6 million Valley terminal

Old Dominion says it will move terminal operations from space it leases here
November 25, 2009
Mike McLean
Old Dominion Freight Line Inc., a national trucking company based in Thomasville, N.C., says it plans to erect a $3.6 million, 18,000-square-foot terminal in Spokane Valley and move its Spokane operations there from space it currently leases.The
Read More

PFD seeks to buy restaurant property

Board authorizes staff to enter into $4.5 million agreement, but snag arises
November 25, 2009
Kim Crompton
The Spokane Public Facilities District is negotiating to buy the C.I. Shenanigan's restaurant building and land, just north of the boat-shaped Group Health Exhibit Hall downtown, as part of a long-range plan to develop additional convention exhibit
Read More

Tribe mulls next step near casino

Nongaming infrastructure work could start next year, but depends on economy
November 25, 2009
Kim Crompton
The Kalispel Tribe of Indians could begin work as early as next spring on infrastructure improvements for an envisioned mixed-use development on land it owns near its expanding Northern Quest Resort & Casino, in Airway Heights, says Kent Caputo, on
Read More
%u2013Rendering courtesy of NAC/Architecture Inc.

Hoping to avoid cuts in Olympia

Business advocates here to submit conservative requests to Legislature
November 25, 2009
Mike McLean
Business advocates here say they're going to be especially conservative this year when they submit funding requests to the Washington Legislature for the upcoming session because the state's supplemental budget likely will involve more deep cuts in
Read More
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