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Special Report

East Valley SD readies tech plans for former Army center

Government's property transfer to school district could wrap up by June
November 21, 2012
Treva Lind
East Valley School District could take control of the former Walker U.S. Army Reserve Center, located at 3830 N. Sullivan, by June or earlier, based on an estimated timetable of a governmental process to transfer the surplus property. The plans
Read More
—Rendering courtesy of Oz Architecture

Lakeview apartments envisioned in Cd'A - Art only

November 21, 2012
One Lakeside LLC, of Aspen, Colo., wants to build a 12-story, $20 million-plus mixed-use tower, depicted above, at the northwest corner of First Street and Lakeside Avenue. As envisioned, the structure would have 90,000 square feet of multifamily
Read More

Metro area home prices rise, sales up

Spokane was among 120 out of 149 MSAs that saw upswing in third quarter
November 21, 2012
Growth in metropolitan area median home prices increased in the third quarter, and more areas are showing gains, says the latest quarterly report by the National Association of Realtors.The median existing single-family home price rose in 120 of
Read More
—Staff photo by Jessica Valencia

Bouten Construction adopts lean construction practices

Company adopts new methods for creating more efficient job sites
November 21, 2012
Jessica Valencia
Spokane-based Bouten Construction Co. has changed the way it approaches projects by looking at how to cut waste from the building process, while increasing productivity and efficiency, through the business practice known as lean construction.One
Read More

Four community banks report increased earnings in Q3

Despite low interest rate environment, some find ways to boost total assets
November 8, 2012
Linn Parish
Four community bank companies that have a presence in the Spokane-Coeur d'Alene area have reported increases in third-quarter net income.Two of those banks had posted a loss during the third quarter of 2011.While all are reporting challenges in
Read More

Investment returns linked more to policy than party

Some conventional thought on election results' effects on securities said 'spurious'
November 8, 2012
News Wise
In a recently completed study, the authors of several widely-recognized articles on politics and investment returns challenge conventional wisdom regarding the association between such returns and political election results. Robert R. Johnson, a
Read More

'Low-income' credit unions rise in number, NCUA says

Two in Spokane among nearly 1,900 nationwide now holding designation
November 8, 2012
A National Credit Union Administration initiative has resulted in a jump in the number of credit unions to obtain the federal agency's low-income designation, which is based on the income levels of a majority of those credit unions' members. Two
Read More

Angel investment market continues recovery, study says

Amount put into startups rose by just over 3 percent during first half of this year
November 8, 2012
News Wise
The angel investor market in the first two quarters of this year showed signs of steady recovery since a downturn in the second half of 2008 and the first half of 2009, with total investments at $9.2 billion, an increase of 3.1 percent over the in
Read More
—Staff photo by Linn Parish

Sustainable investment effort gains traction, some say

Groups work to connect investors with entrepreneurs involved in green companies
November 8, 2012
Linn Parish
For two years, Dan Grady funded Winfiniti Inc. himself and with the help of friends and family.For the next phase of development for the startup that makes building-efficiency management software, Winfiniti sought and got help from a new friend,
Read More
—Staff photo by Jessica Valencia

Global plans rebranding, operational changes next year

Credit union financials show growing stability, room for growth, it says
November 8, 2012
Jessica Valencia
Global Credit Union, the Spokane-based financial institution, is preparing to undergo a sizable rebranding effort starting next year, says President and CEO Jack Fallis. "I think we've come up with a recipe for success," says Fallis, who has top
Read More
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