The Spokane economy continues to emerge from a challenging post-pandemic recovery and a complicated past year. While interest rates and tariffs impacted plans for development and growth in 2025, Spokane's downtown continued to make progress, and the business community has proven resilient.
Following the sale of Ignite Northwest's Spokane Technology Center in the University District to Washington State University in September, Ignite has made a strategic decision to focus its activities exclusively on providing credit facilities to rapidly growing, emerging companies here that are “not yet bankable” and unable to secure financing from a commercial bank or credit union.
Wealth management company Evergreen Gavekal is opening its first Spokane office on the sixth floor of the Rock Pointe Tower, just a short walk from the city’s cluster of sports venues in the North Bank neighborhood.
Lance Beck, Greater Spokane Valley Chamber of Commerce president and CEO, will join Greater Spokane Incorporated as chief strategy officer effective early March, according to a press release issued by GSI today.
A large industrial building at 140 N. Beck Road in Post Falls is being further transformed into a pickleball destination, as plans call for a 24-court indoor club alongside Selkirk Sport’s pickleball products manufacturing and fulfillment center.
Spokane-based pharmaceutical manufacturing and packaging company Jubilant HollisterStier LLC plans to expand its campus footprint with the addition of a new $18.5 million building to relocate the company’s Allergens Processing Business Unit.
Seattle-based Pacific Plumbing Supply Co. LLC acquired Spokane-based M&L Supply Co. Inc.’s operations and two locations — one in Spokane and one in Butte, Montana — on Dec. 30 and plans to retain the company’s employees.
Preservation of existing transportation systems, implementation of new technology, capital improvements, and safety are the focuses of more than $16 billion in investments planned over the next 20 years as part of the Spokane Regional Transportation Council’s newest long-range transportation plan.