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Latest News

—Rendering courtesy of DCI Engineers

Spokane Convention Center hotel waits on appraisals

Worthy says intent letter extended until June 1 as PFD studies valuations
February 14, 2013
Mike McLean
Spokane hotelier and developer Walt Worthy says a formal development agreement that would clear the way for work to start on a $50 million convention center headquarters hotel downtown is progressing slower than he had envisioned, as the Spokane is
Read More
—Staff photo by Treva Lind

Inland Northwest brews craft beer industry

Small breweries emerge as specialty beverage draws fans
February 14, 2013
Treva Lind
As microbreweries grab a bigger market share from major U.S. beer manufacturers, nearly a dozen Inland Northwest craft brewers have hopped into the beverage business, mainly in the past year. "Seattle and Portland have very well-developed craft
Read More
—Rendering courtesy of ALSC Architects PS

Multiuse field house project eyed in Spokane

Cost estimated at $20 million-plus; two possible sites mulled
February 14, 2013
Kim Crompton
The Spokane Sports Commission is proposing development of a $20 million-plus, multiuse field house here that it believes would help the Spokane area attract major sporting events and alleviate local demand for additional sporting venues.Two are
Read More

Coeur makes play for Vancouver mining company

January 31, 2013
Coeur d'Alene Mines Corp. confirmed today that it has submitted a binding proposal to acquire all of the issued and outstanding common shares of Orko Silver Corp., of Vancouver, British Columbia.The transaction is valued at about $384 million is a
Read More

Itron posts net gains for fourth quarter, all of 2012

January 31, 2013
Itron Inc., the Liberty Lake-based maker of automated utility-meter reading technology, reported this afternoon fourth quarter 2012 net income of $16.0 million, or 40 cents a diluted share, up substantially from a net loss of $54.6 million, or a in
Read More

STCU plans new branch, commercial lending offices in Hutton building

January 31, 2013
Spokane Teachers Credit Union, of Liberty Lake, announced this morning plans to open a new branch on the ground level of the Hutton Building, a downtown structure located at 9 S. Washington that STCU obtained through foreclosure last year. STCU to
Read More

Ambassadors posts quarterly loss, profit for all of 2012

January 31, 2013
Ambassadors Group Inc., the Spokane-based educational-travel program provider, reported this afternoon a fourth-quarter net loss of $10 million, or 58 cents per diluted share, compared with a loss of $7.8 million, or 45 cents a share, in the all of
Read More

Providence acquires two anesthesia groups

January 31, 2013
Providence Medical Group of Eastern Washington announced this morning that it has acquired the two anesthesia groups that work at Providence Sacred Heart Medical Center & Children's Hospital and at Providence Holy Family Hospital.The acquired are
Read More

Historic Las Vegas hotel becomes first in Red Lion's Leo collection

January 31, 2013
Red Lion Hotels Corp., of Spokane, announced Feb. 4 that the Las Vegas Hotel & Casino, also known as The LVH, is the first to join its new Leo Hotel Collection. The LVH is expected to be integrated into the Red Lion chain by the end of the first a
Read More

Small Business Watch

January 31, 2013
Couple opens decor, countertop businessA home decor and countertop restoration business has opened in Otis Orchards.Husband and wife Mike and Nikki Novakovich have launched Piccadilly Crossing, located in 2,000 square feet of floor space at a
Read More
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