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Latest News

Kootenai County home sales, prices rise in May

Active listings nearly 14% higher than last year
June 5, 2025
Journal of Business Staff

Kootenai County single-family homes sold this year reached 922 in May, a 2.7% increase compared to the same time last year, according to the latest Market Snapshot from Coeur d’Alene Regional Realtors.


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Spokane physician agrees to pay $1.4M in COVID-funds fraud settlement

Werschler admits no wrongdoing as part of agreement
June 5, 2025
Tina Sulzle

Spokane dermatologist William Philip Werschler, 66, and his associated businesses, have agreed to pay the U.S. government $1.4 million over a claim they misused COVID-19 relief funds.


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Latinos en Spokane envisions $10M community hub

Nonprofit aims to expand health, housing access in east central Spokane
June 5, 2025
Karina Elias

Latinos en Spokane is in the early stages of planning a $10 million cultural center and affordable housing project that will create flexible space for the organization’s growing programs and build over 40 housing units. 


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Tech hub group expected to compete for federal funding, again

Aerospace manufacturing plans remain in place despite recent grant rescission
June 5, 2025
Dylan Harris

Plans for the envisioned American Aerospace Materials Manufacturing Center are continuing, for now, despite the U.S. Department of Commerce’s recent decision to cancel nearly $50 million in funding for the Spokane-Coeur d’Alene tech hub.


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Spokane group acquires downtown Cd'A apartment tower

10-story Lake Tower Apartments includes 41 living units
June 5, 2025
Tina Sulzle

Spokane-based Fourth Avenue Capital has acquired Lake Tower Apartments in Coeur d’Alene for an undisclosed amount.


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CarbonQuest enters food, beverage market

Company's technology will capture, liquefy, reuse CO2 on-site
June 5, 2025
Karina Elias

CarbonQuest has partnered with a Washington state beverage industry client, marking the company's first foray into the food and beverage industry. 


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Café to open in former tattoo parlor space in Valley

Coffee shop to offer salads, smoothies
June 5, 2025
Tina Sulzle

A new café featuring grab-and-go salads and fresh-pressed juices is opening soon in Spokane Valley.



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$48 million project to start this month at Fairchild

'Linchpin project' expected to lead to more construction at base
June 5, 2025
Erica Bullock

Fairchild Air Force Base is replacing and consolidating a critical flight base operations facility as part of a broader modernization effort at the base west of Spokane. 



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Meet & Greet with regional labor economist Mike McBride

June 5, 2025
Linn Parish

The Journal recently sat down with McBride, the new regional labor economist with the Washington state Employment Security Department, to talk about his career, his territory, and the job market in Eastern Washington.


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Independent-living complex planned in Spokane Valley

Vacant land behind old school eyed for senior residential units
June 5, 2025
Erica Bullock

A townhouse-style housing development for seniors, dubbed Keystone Villas, is under consideration in Spokane Valley.


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