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Latest News

Schweitzer owner details long-term development

Company, Hidden Lakes talk with IdahoÂ’s governor about improving Sandpoint airport
February 26, 1997
Addy Hatch
Schweitzer Mountain Resort is embarking on an aggressive development program that includes marketing some of its 7,000 acres of property to other developers; increasing air-travel access to Sandpoint; and engaging in joint marketing efforts with to
Read More

Bankruptcy filings hit record level in district

Observers say downturn in ag industry, low-paying jobs contribute to increase
February 26, 1997
Lisa Harrell
Bankruptcy filings in Eastern Washington rose last year to a record high, and some observers say the increase will continue.During 2000, businesses and individuals filed 8,357 petitions seeking protection from creditors in the U.S. Bankruptcy in
Read More

Deaconess, Shriners consider joint venture

Hospitals discuss idea for childrenÂ’s hospital; concept still in infancy
February 26, 1997
Lisa Harrell
Deaconess Medical Center and Shriners Hospital for Children-Spokane are studying the idea of creating a joint childrens hospital, although little is being said publicly about what such a venture would entail.We have been in preliminary with
Read More

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
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