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Latest News

Pacific Security refocuses

Company changes name to reflect lending emphasis, departure from receivables
February 26, 1997
Kim Crompton
Pacific Security Cos., a longtime Spokane-based commercial real estate developer and real estate receivables investor, has changed its name to Pacific Security Financial Inc. to reflect a shift in emphasis.We are aggressively pursuing real as
Read More

Postal annex to cost $60 million

$20 million in new machines and conveyor-belt system will rev up mail handling at new facility
February 26, 1997
Lisa Harrell
The U.S. Postal Service expects to spend more than $20 million to equip the $40 million, 362,000-square-foot distribution annex its building at the Spokane International Airport Business Parkand that investment will quicken mail handling here.
Read More

Park aimed at biotech bloom

Biomedex hopes to be the magnet that draws biotech and biomed ventures to Spokane
February 26, 1997
Paul Read
Biomedex Inc., the young Spokane company that hopes to launch a $200 million biomedical and biotechnology business park on the West Plains, has goals far more reaching than mere real estate development.Launched quietly this year by a group of of
Read More

United Paint counts on coatings for future growth

Company to see $20 million in sales this year, expects annual jumps of 10 percent
February 26, 1997
Lisa Harrell
United Paint & Coatings Inc., of Spokane, plans to leave paint in the past, and count, instead, on specialized coatings to carry the company into the next millennium.Within the next five yearsas the company continues to produce its current and
Read More

Fiber-Tech Industries expands operation here

Panel manufacturer adds space, plans to hire more workers due to sales surge
February 26, 1997
Linn Parish
Fiber-Tech Industries Inc., a Spokane-based manufacturer of fiberglass-reinforced plywood panels for the transportation industry, is expanding. The company has leased an additional 40,000 square feet of industrial space in the Spokane Business &
Read More

Wolff expands apartment complex at Liberty Lake

Spokane company to spend about $11.6 million on new buildings at Big Trout Lodge
February 26, 1997
Linn Parish
Alvin J. Wolff Inc., of Spokane, has begun work on an $11.6 million expansion of its 186-unit Big Trout Lodge apartment complex at Liberty Lake. It expects to complete the project, which will nearly double the size of the complex, within a is under
Read More

Wal-Mart starts work at Shadle

Retailer begins construction on one North Side store as it seeks land for another
February 26, 1997
Linn Parish
Wal-Mart Stores Inc. has launched work on a big retail store at Shadle Center, the first of two megastores that the Bentonville, Ark.-based retail giant plans on Spokanes North Side.CSI Construction Inc., a Colorado Springs, Colo.-based has to
Read More

Design deadline looms on Trent realignment

DOT tells city, WSU that it will begin bridge design unless they OK road funds
February 26, 1997
Anita Burke
Washington state Department of Transportation officials say theyve told the city of Spokane and Washington State University at Spokane that the department must start design work this spring on either a new Trent Avenue bridge west of Hamilton or
Read More

Guardian Angel Homes starts $6 million facility

Assisted-living complex in Post Falls to include four home-like structures
February 26, 1997
Sandra Hosking
A new Hayden Lake, Idaho, company called Guardian Angel Homes LLC has begun construction of a $6 million assisted-living complex in Post Falls.The project involves building four 10,000-square-foot structures at 1050 E. Mullan Ave. that will be a
Read More

BNSF looks to sell land downtown

Some lessees believe sales may boost redevelopment activity—if prices are right
February 26, 1997
Kim Crompton
Burlington Northern Santa Fe Corp. has begun offering to sell land it owns next to its busy rail line that runs through downtown Spokane, drawing a mix of cheers and jeers from owners of businesses that lease the land.Some expect the anticipated
Read More
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