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Latest News

Subdivision on Five Mile gets city approval

Owner of planned 35-lot project says he will wait until market improves
November 6, 2008
Jeanne Gustafson
A Spokane developer has received approval for a 35-lot residential subdivision on Five Mile Prairie, but says he likely won't start work on the project for a year or two due to the slow housing market.The developer, Dennis Trainor, doing as LLC,
Read More

Couple converts stores to Mattress Outlets

13 of 23 stores Mullinaxs own in three states now operate under that brand
November 6, 2008
David Cole
Ken and Helen Mullinax, who own Mattress Outlet Inc., of Spokane, have converted two Simmons Comfort World stores they owned, in Spokane Valley and Kennewick, Wash., to Mattress Outlet stores.The Valley store, located in leased space at 15607 E.
Read More

Developer plans 116-lot subdivision

South Valley project value estimated at $34 million when all homes are built
November 6, 2008
Mike McLean
A longtime Spokane developer plans to develop 116 residential lots just south of the city of Spokane Valley.The subdivision, to be called Belleaire, would be located on 40 acres north of Daystar road near Apollo Road, says Casey Mason, project
Read More

Wood products company cuts staff, sells equipment

Castle Rock's building also will be sold; owner to focus on his safety gear business
November 6, 2008
Jeanne Gustafson
William Gilcrist, owner of Castle Rock Industries Inc., says he's in the process of selling that Spokane company's production facility, has let go most of its 27 employees, and has sold off the equipment it used to make wood components for other at
Read More

Spokane bankers approach U.S. capital program warily

Competitive aspect seen as they mull peers' participation
November 6, 2008
Richard Ripley
Spokane bankers are eyeing with some skepticism the federal government's offer to provide capital to some U.S. banks by becoming investors in them.As the first deadline approaches on Nov. 14 to apply for the government's so- called Capital Plan,
Read More

Greening up indoor spaces

November 6, 2008
Kim Crompton
Moving indoors as winter weather approaches doesn't mean you have to give up being surrounded by the warm plant life that helps make summertime so pleasurable, Karen L. Goldberg submits. Rather, it might just mean that you need some help in picking
Read More

ALSC tabbed for study of 'south block'

Property across from PFD's convention complex could include parking, facilities
November 6, 2008
By Jeanne GustafsonThe Spokane Public Facilities District has selected ALSC Architects PS, of Spokane, to perform a feasibility study of the so-called "south block" property downtown where it hopes to expand.The property, which is bounded by Main
Read More
—Courtesy of DOT

Graham wins $43 million freeway project

Contractor will lower U.S. 2 north of Farwell Road, build interchange for N-S freeway
November 6, 2008
Jeanne Gustafson
Graham Construction & Management Inc., of Spokane, has won a $42.8 million contract to lower the grade of U.S. 2 in the vicinity of a planned interchange for the North Spokane Corridor freeway and to construct six bridges associated with the will a
Read More

Potlatch eyes new way to fund spin-off

Company now will have Clearwater tap credit line, take some of its debt
November 6, 2008
Paul Read
Potlatch Corp., the big Spokane-based wood-products concern, says the national credit crisis has forced it to change how it will finance the planned spin-off of its pulp-based operations into a new publicly traded company called Clearwater Paper it
Read More

Mall owner looks to trim big debt load

Parent of NorthTown, Valley, and Silver Lake ousts CEO, to sell assets
November 6, 2008
Kim Crompton
General Growth Properties Inc., the Chicago-based owner of three of the Spokane-Coeur d'Alene area's largest shopping malls, has taken dramatic steps in the last couple of weeks to try to ease a massive debt burden that analysts say is threatening
Read More
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