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Latest News

Meridian to build City Hall in Valley

$10.6 million contract awarded for construction
May 19, 2016
Mike McLean
The city of Spokane Valley has awarded a $10.6 million construction contract for its planned City Hall to Meridian Construction Inc., of Spokane Valley. Meridian had submitted the lowest bid to erect the 65,200-square-foot facility, which will include th
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Moses Lake company buys two complexes on Spokane's North Side

$17.9 million transaction includes 300 apartments
May 19, 2016
Mike McLean
Moses Lake-based real estate investment company 5D Holdings LLC has bought for $17.9 million two apartment complexes with a total of 300 living units on Spokane's North Side. The complexes are the Serrano Apartments, located at 121 E. Wedgewood, and th
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Editor's Notebook: Unearthing trends in market data

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May 19, 2016
Linn Parish
When mining for data that shows Spokane's economy is doing well, one doesn't have to dig too deep. The Journal staff, when preparing the 90-plus charts and graphs in the 2016 Market Fact Book published with this May 19 edition, unearthed new numbers
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Editorial: Spokane Tribe's plan is too risky a wager

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May 19, 2016
Staff Report
After months of information gathering, Gov. Jay Inslee is believed to be close to making a decision on the Spokane Tribe of Indians' proposal to develop an off-reservation casino in Airway Heights, near Fairchild Air Force Base. We urge him to act in t
Read More

Gold Reserve completes stock offering

Spokane mining company raises more than $34 million
May 19, 2016
Spokane-based mining company Gold Reserve Inc. says it raised just more than $34 million in a private placement stock offering where the proceeds will be used for general working capital purposes. The stock offering closed this week. Since March, Gold R
Read More

Helicopter operator leases Felts space

White Rabbit Heli Tours began earlier this month
May 19, 2016
LeAnn Bjerken
The Spokane Airport Board has approved a lease agreement with White Rabbit Aviation LLC for space in the main terminal building at Felts Field. Founded by owner Alan Bly in 2014, Spokane-based White Rabbit Aviation provides aircraft leasing and aviation
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Northwest Farm Credit reports drop in earnings

Co-op says decline due to changing loan portfolio
May 19, 2016
LeAnn Bjerken
Spokane-based Northwest Farm Credit Services has reported first-quarter earnings of $58.4 million, down 7 percent from $63.1 million for the 2015 first quarter. The Spokane-based agricultural lending cooperative attributed the decrease to sizable loan r
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Astronauts review Fairchild's water survival training

NASA interest tied to new ocean-landing capsules
May 19, 2016
LeAnn Bjerken
The National Aeronautics and Space Administration sent three astronauts to Fairchild Air Force Base last month to review the U.S Air Force's Survival, Evasion, Resistance, and Escape Water Survival Course, known as SERE. A recent article in the Fairch
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Sherwood Apartments building to undergo facelift

Residential, commercial spaces available soon
May 19, 2016
LeAnn Bjerken
The Sherwood Apartments building, at the southwest corner of Main Avenue and Bernard Street, soon will be undergoing renovations to update both its commercial and apartment spaces. Located at 301 W. Main, the 28,000-square-foot building includes a grou
Read More

Land Rover, Jaguar auto dealership plans

$5 million project will include move next door
May 19, 2016
Mike McLean
The combined Jaguar, Land Rover, and Volvo auto dealerships downtown are planning a $5 million-plus renovation and expansion project that eventually will include the entire block on which the dealerships are now located, says Francois Chaker, the general
Read More
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