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Latest News

Washington Trust Bank mulls Manito complex

$1.6 million construction project would include new three-bay retail structure
May 9, 2013
Mike McLean
Spokane-based Washington Trust Bank is exploring plans to replace its Manito branch, at 611 E. 31st, with a $1.6 million mixed-use development that would include a new bank building and separate retail space, says Jack Heath, the bank's chief bank
Read More

Number of residents coming into state, county hold steady

Employment, housing conditions here said ripe for in-migration surge
May 9, 2013
Mike McLean
Out-of-state driver's licenses surrendered in Spokane County held nearly steady in 2012, following gains in the previous two years, but some economists are expecting a surge of in-migration if the job outlook here gains strength. Electronic by a
Read More

URM Stores to expand its big warehouse

Grocery co-op picks CNI to start big addition soon on Spokane's North Side
May 9, 2013
Treva Lind
URM Stores Inc., the Spokane-based grocery distribution cooperative, says it will expand its warehouse and distribution center on the North Side to meet increasing demand for frozen and perishable goods.The co-op has selected Contractors Inc., a
Read More
—Staff photo by Mike McLean

Spokane Club is at crossroads

Venerable downtown group works to retain relevance
May 9, 2013
Mike McLean
This month could mark the start of a new era for the venerable Spokane Club, says Shelley McDowell, chairwoman of the club's board of directors.The members-only social-and-athletic club based in the city's core hopes to complete the sale of the
Read More
—Staff photo by Jessica Valencia

Spokane Valley-based FlyBack Energy readies for launch

Valley tech concern to start marketing its first product this fall
May 9, 2013
Jessica Valencia
On the heels of a change in leadership, energy technology company FlyBack Energy Inc. soon will start marketing its initial product, marking a transition out of a research-and-development phase it's been in since it was founded in 2006, says new a
Read More

Molina Healthcare center to relocate to Rock Pointe

Move from west Spokane to involve 90 employees, provide room for growth
April 25, 2013
Mike McLean
Molina Healthcare of Washington Inc., a Bothell, Wash.-based health-maintenance organization, says it has leased 27,300 square feet of office space in the Rock Pointe III building, at 1330 N. Washington, and plans to move its Eastern Washington by
Read More

Gonzaga to build $60 million university center

April 25, 2013
Gonzaga University announced today that it formally has approved plans to build a $60 million, 168,000-square-foot University Center on the site of its current student union building, known as The COG, on the west side of campus. Demolition of the
Read More

Sterling to acquire Southern California business bank

April 25, 2013
Sterling Financial Corp., the Spokane-based parent of Sterling Bank, announced this morning it has agreed to acquire Newport Beach, Calif.-based Commerce National Bank in a transaction valued at $42.9 million.The transaction is expected to be the
Read More

Avista's earnings increase

April 25, 2013
Avista Corp., of Spokane, reported this morning first-quarter net income of $42.3 million, or 71 cents a diluted share, up from $38.4 million, or 65 cents a share, in the year-earlier period.Scott Morris, Avista's chairman, president, and CEO, in
Read More

INB parent posts gains

April 25, 2013
Northwest Bancorporation Inc., the Spokane-based parent company of Inland Northwest Bank, reported first-quarter net income attributable to common shareholders of $436,000, or 14 cents a diluted share, up from $156,000, or 6 cents a share, in the a
Read More
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