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Latest News

Development process improves

Efforts to streamline red tape, improve attitudes at city, county said bearing fruit
February 26, 1997
Paul Read
Though the regulatory maze remains tortuous for some, developing property in the Spokane area appears to be getting easier, industry and government officials say.That may be most evident in comments by developers, contrasted by time.Its a
Read More

Avista: ‘Enron used us’

Spokane company says it learned from testimony in California that its trades involved ‘Death Star’
February 26, 1997
Richard Ripley
After first claiming that it had no record of involvement in suspect power-trading schemes, Avista Corp. has told the U.S. government that it was used by Enron Corp. in the Death Star power-trading strategy in April, May, and June made the
Read More

Investors plan loft condos downtown

Project on Railroad Avenue expected to get under way within a couple of months
February 26, 1997
Kim Crompton
A small group of Spokane investors is buying an older, four-story building downtown and plans to redevelop it into about a dozen loft condominiums.Steve Thosath, one of the investors, says the group expects to close shortly on the purchase of at
Read More

South Hill retail outlet planned

New Dollar Store to open next month; company eyes more Spokane, CdÂ’A sites
February 26, 1997
Linn Parish
LOI Distributing Inc., a Lakewood, Wash.-based discount retailer that operates the Dollar Store chain, plans to open its third store here and is looking into eventually opening three more outlets in the Spokane-Coeur dAlene area.Bill LOI vice
Read More

Former Avista executive starts training venture

Post Falls company aims to prepare telecom workers
February 26, 1997
Addy Hatch
A former Avista Communications executive has launched a Post Falls company that provides training in telecommunications technologies. The company, Northlight Institute of Technology Inc., was founded by Terry Jett, who previously was vice of for
Read More

Hecla hopes to get rid of $8 million dividend

Offer to trade common for preferred shares could end annual obligation
February 26, 1997
Richard Ripley
Hecla Mining Co., of Coeur dAlene, would cut its annual obligations by $8 million if it succeeds in persuading holders of its Series B cumulative convertible preferred stock to exchange their shares for common stock.Hecla announced June 13 it
Read More

FirstBank plans loan office here

Commercial-loan center will be second location in Spokane area for bank
February 26, 1997
Addy Hatch
FirstBank Northwest Corp., a Lewiston-based bank that opened a branch office in Liberty Lake in 1999, plans to open a commercial-loan center near downtown Spokane this summer.FirstBank plans to open the center at the beginning of August, and or
Read More

Home building to start at Black Rock project

Nearly 200 lots approved for development; more than half have been sold
February 26, 1997
Addy Hatch
Construction could begin this summer on 40 to 50 high-end homes in the Black Rock golf-resort development near Coeur dAlene Lake, developer Marshall Chesrown says.Although no building permits have been issued for homes at Black Rock, Chesrown
Read More

Wemco plans for new plant still stymied

Frustrated president says heÂ’s ready to abandon plans or move to North Idaho
February 26, 1997
Addy Hatch
Wemco Inc., a heavy-equipment manufacturer based on the West Plains, has been trying for two years to obtain zoning approval to build a new, larger manufacturing plant here and the companys president says hes so frustrated at the delay that the
Read More

54-unit apartment project planned

Inland Construction is set to start site work this week on $4 million development
February 26, 1997
Linn Parish
Inland Construction Co., of Spokane, plans to develop a $4 million, 54-unit apartment complex on Spokanes South Hill, five blocks south of the Cedar Canyon Shopping Center.Darin Davidson, a spokesman for Inland Construction, says site work for
Read More
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