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Latest News

STCU acquires land in Spokane Valley for new financial center

Credit union envisions site will be hub for its real estate department
November 21, 2012
Mike McLean
Liberty Lake-based Spokane Teachers Credit Union has bought 2.5 acres of land in Spokane Valley, where it plans to construct a financial center that will include a full-service branch and real estate lending services, says Patsy Gayda, STCU's vice
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Clare View retirement complex to be built on South Hill

$20 million project will have 61 new rental units, upgrade 124 apartments
November 21, 2012
Mike McLean
Developers of the long-planned Clare View senior housing complex have obtained building permits to construct 61 apartment units in five buildings on the South Hill, says Dave Roberts, senior developer at Spokane Housing Ventures.The $20 million
Read More

Inland Northwest employers plan for mild job growth

Associated Industries says fewer survey respondents expect layoffs
November 21, 2012
Jessica Valencia
A new compensation survey released by Associated Industries shows almost half of responding employers are anticipating modest employment growth next year, a positive sign in spite of the lowest respondent participation to date. Notable increases
Read More
—Photo courtesy of Pinch Development & Investment LLC

West Plains Business Park moves ahead

First tenant secured for 33-acre business park in Airway Heights
November 21, 2012
Kim Crompton
After being stymied for several years, work is finally under way on a planned 33-acre business park in Airway Heights that's expected to include a mix of retail and industrial tenants, and the development has secured its first tenant.West Plains
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—Rendering courtesy of NAC|Architecture

Rockwood Retirement redesigns its planned Summit tower

South Hill retirement center to start $51 million project next summer, CEO says
November 21, 2012
Linn Parish
Rockwood Retirement Communities, of Spokane, has redesigned The Summit retirement-apartment tower project planned for its Rockwood South Hill campus, making it taller, more slender, and less expensive to build. With the redesign, the plans to on
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—Staff photo by Treva Lind

Inland Northwest college bookstores juggle textbook realities

Gonzaga outsources bookstore; Whitworth considers it
November 21, 2012
Treva Lind
Whitworth University, which has faced recent declines in its campus bookstore revenues mainly in textbook sales, has invited proposals from external business vendors as the school considers outsourcing that operation. A decision is expected by this
Read More
—Staff photo by Linn Parish

New-home permit values jump in Spokane area

Move-up market follows bump in existing residential sales
November 21, 2012
Mike McLean
Permit values for new-home construction in the Spokane area have taken a considerable leap this year, indicating a growing number of homebuyers here are looking to move into more custom quarters, some industry observers say.The average value for
Read More

In the News: November 21, 2012

November 21, 2012
Nov. 19 / Itron names new CEOItron Inc., the Liberty Lake-based maker of automated utility meter-reading technology, said Philip Mezey will succeed LeRoy Nosbaum as the company's president and CEO, effective Jan. 1. Mezey currently serves as and
Read More

Calendar: November 21, 2012

November 21, 2012
November 21, 2012
Meetings & EventsConnect Northwest will hold an Executive Connect breakfast on Tuesday, Nov. 27, from 7 to 9 a.m., at the Spokane Club, 1002 W. Riverside. Larry Krauter, CEO of Spokane Airports, will speak. The cost is $30. To register, go to a
Read More

Spokane County unemployment rate hits lowest point since late 2008

November 8, 2012
Preliminary Washington state Employment Security Department statistics put the Spokane County unemployment rate in October at 7.6 percent, the lowest rate since December 2008. The unemployment rate, which isn't seasonally adjusted, fell from 8 in
Read More
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