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Special Report

New study calls for more ballparks at Liberty Lake

Sportsplex's cost estimate balloons up to $28 million
January 19, 2017
Based on higher than previously estimated demand and need, a recent feasibility study recommends adding four more ballfields to a proposed sports complex at Liberty Lake, increasing the project's estimated cost by at least $10 million. The proposed Lib
Read More

Marcus & Millichap real estate investment company plans office here

Lone broker will oversee Inland Northwest initially
January 19, 2017
Kim Crompton
Marcus & Millichap Inc., a large commercial real estate investment services company with offices throughout the United States and Canada, plans to open a Spokane office shortly, says Joel Deis, the firm's Seattle-based regional manager for Washington st
Read More

Contractors Northwest lands Riverfront Park ice rink project

$6.7 million project poised to get underway this month
January 19, 2017
The city of Spokane has selected Coeur d'Alene-based Contractors Northwest Inc. as the general contractor for the new Riverfront Park ice rink and upgrades to the Skyride facility and ticket office. CNI presented the lowest of three bids, at $6.7 milli
Read More

Rudeen Development to add 221 rental units at Blue Point

Wandermere-area project valued at $21.4 million
January 19, 2017
Mike McLean
Rudeen Development LLC has obtained building permits to construct a $21.4 million, 221-unit second phase of the Blue Point Apartments complex north of Spokane in the Wandermere area, Spokane County building permit records show. An executive for the Liber
Read More

Timber industry optimistic for sustained growth

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December 15, 2016
LeAnn Bjerken
Once again, experts in the wood products industry are expecting moderate growth in U.S. housing starts for 2017. Most industry officials remain modestly optimistic as they track residential real estate and construction markets, the latter of which accou
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Mining industry hopes for turnaround in prices

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December 15, 2016
The good news is the price of gold is $100 per troy ounce higher than it was at this time last year. The bad news is the price of gold is $200 per troy ounce lower than it was five months ago. The current per-ounce price is $1,180, which is up from $1,07
Read More

World awash in wheat keeps sale prices weak

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December 15, 2016
Record stockpiles of wheat globally likely will mean lower wheat prices for Eastern Washington farmers in 2017, says Glen Squires, CEO of the Washington Grain Commission, based in Spokane. The U.S. Department of Agriculture estimates world wheat producti
Read More

Inland Northwest tech industry observers see growth

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December 15, 2016
The CEO of a nonprofit business technology incubator here says he sees an opportunity next year to help small businesses begin partnerships with Washington State University's Elson S. Floyd School of Medicine as it prepares to host its first medical sch
Read More

Retail sales rising faster than income here—for now

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December 15, 2016
LeAnn Bjerken
As has been the case for a couple of years now, retailers here are again predicting sales growth for 2017. However, some of industry representatives and observers interviewed are skeptical as to how long this period of gains will continue. Grant Forsyth
Read More

Visitor, tourism growth might soften slightly in 2017

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December 15, 2016
LeAnn Bjerken
Despite regional tourism being strong here again this year, local experts in the industry say a lighter convention event schedule could mean visitor traffic will soften slightly in 2017. Visit Spokane President and CEO Cheryl Kilday says demand for overn
Read More
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