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Latest News

SpokaneÂ’s Crows Nest inks deal with MP3.com

Audio-video integrator to join in national rollout of business music service
February 26, 1997
Kim Crompton
Crows Nest Entertainment Inc., of Spokane, has signed a pact with San Diego-based MP3.com Inc. through which it will begin selling and installing a new Web-based business music and advertising delivery service nationwide.Pat Stimpson, executive
Read More

Metropolitan ends its year with red ink

Spokane company posts loss of $12.2 million; affiliate performs better
February 26, 1997
Kim Crompton
Metropolitan Mortgage & Securities Co., the big Spokane-based financial-services company, has posted a loss applicable to common shareholders of about $12.2 million for its 2000 fiscal year that ended Sept. 30.The loss represented a sharp from a
Read More

Costco looks to acquire leased building on Third

Company would rather buy the structure than sublease it out, its broker here says
February 26, 1997
Linn Parish
Costco Wholesale Corp., the big Issaquah, Wash.-based membership warehouse chain, is attempting to buy the building near downtown Spokane that it will vacate next month after it opens a new, bigger outlet in the Spokane Valley.Kyle BrinJones, at
Read More

$40 million subdivision planned in Hayden area

Shorewood Homes wants city to annex 115 acres for 310-lot development
February 26, 1997
Addy Hatch
Shorewood Homes Inc., of Hayden Lake, Idaho, is asking the nearby city of Hayden to annex 115 acres of undeveloped property upon which it wants to build a $40 million residential subdivision.The construction and development company plans to 310
Read More

Lotions, potions, earthy notions

Lotions & Potions
February 26, 1997
Kim Crompton
Lotions & Potions, it might be argued, is part of the lasting progeny of Spokanes environmentally themed Expo 74 worlds fair.Owner Lara Hollingshead started the skin-care-and-bath-products business in a tiny space in the rejuvenated Flour
Read More

Coldwater Creek plans 12 stores

Retailer already has leased three sites for growth spurt expected in next fiscal year
February 26, 1997
Anita Burke
Sandpoint-based retailer Coldwater Creek Inc. expects to open a dozen stores in its next fiscal year, which starts in March.The planned outlets will more than double the number of retail stores operated by the big mail-order and e-commerce which
Read More

Rental market finally firms up

Apartment vacancies drop; some owners raise rents after years of stagnation
February 26, 1997
Linn Parish
Spokanes apartment market has weathered stormy conditions for several years, but finally, observers say, theres a break in the clouds.A recent survey conducted by Washington State University says apartment vacancy rates in the Spokane area 5
Read More

K&HÂ’s Hagood passes baton

Quigley, Soehren, Johnson are real estate companyÂ’s owners, top executives now
February 26, 1997
Kim Crompton
Jerry Hagood, co-founder of Kiemle & Hagood Co., one of the Inland Northwests largest commercial real estate and property-management concerns, has sold his remaining interest in the company to three other executives there.Tom Quigley, who had
Read More

Three research projects here land WTC funding

Avista Utilities, GenPrime, Flat Spin Media to work with university researchers
February 26, 1997
Paul Read
The Washington Technology Center, a state-supported organization that brings universities and private companies together for research projects, has awarded three grants, totaling nearly $400,000, for research involving Spokane companies.Two of a
Read More

Goodwill to develop new store

Nonprofit expects to start work on $1.4 million store in March, open it this fall
February 26, 1997
Linn Parish
Goodwill Industries of the Inland Northwest plans to develop a $1.4 million building on Spokanes North Side that will house a new store, the nonprofit organizations fourth here and 11th in Eastern Washington and North Idaho.Diane Galloway, a
Read More
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