Special Report

Facing market fears starts with admitting they exist

Downturn can provide some opportunities for portfolio adjustments

June 16, 2022

Are you fearful of looking at your financial statements this month? You are not alone. Market pullbacks are never comfortable. We have so much to feel wrong about: crushing inflation, the war in Ukraine, school shootings, and more. Suddenly, your

Idaho bank, credit union expand into Spokane

Bank of Idaho, ICCU establish presences here as part of growth plans

June 16, 2022

Virginia Thomas

Two southeastern Idaho-based financial institutions have moved into the Spokane area in quick succession. Last month, Idaho Falls-based Bank of Idaho agreed to acquire five branches from Seattle-based HomeStreet Bank, including one branch in downtown

Building blocked: Construction costs hinder financing

Lenders seek solutions as contractors scale down some projects

June 16, 2022

Erica Bullock

Some lenders here say they're working around challenges to finance commercial construction developments and keep projects moving forward despite soaring prices of construction materials and rising labor costs, which have resulted in some project

Rebranding effort helps Kelly Right's market growth

Brokerage expects to have 1K agents companywide by the close of this year

June 2, 2022

Erica Bullock

Kelly Right International Inc., a Spokane-based real estate company, has reported over $270 million in local residential sales volume two years after rebranding two of its divisions, Kelly Right Real Estate and Modus Mortgage, company representatives say.

Plastic Surgery Northwest remodel slated

New offices, third floor to be added to structure

June 2, 2022

Karina Elias

A $1.8 million remodel is planned for the Plastic Surgery Northwest medical office building at 530 S. Cowley, on the lower South Hill. Eric Armstrong, of Spokane-based Pondera Architecture PC, says he's designing the project, along with

Work begins on Museum of North Idaho's new home

Full J.C. White House project cost nears $10M

June 2, 2022

Virginia Thomas

The Museum of North Idaho expects to begin work soon on its new home at the historic J.C. White House. Britt Thurman, executive director of the Coeur d'Alene-based museum, says the house, was saved in 2019 from

Several multifamily projects proposed in Spokane

Infill development to rise along Monroe Street

June 2, 2022

Virginia Thomas

In one of a handful of new multifamily residential projects in Spokane, a local developer is expected to break ground this year on a $4 million, 21-unit urban infill project on a site near downtown, about 1 1/2 blocks north of the Spokane River.

Spokane Valley gains parkland in targeted areas

Three-quarters of acreage desired has been acquired

June 2, 2022

Karina Elias

The city of Spokane Valley has made strategic acquisitions of parkland in three targeted areas, says John Bottelli, director of Spokane Valley Parks, Recreation, and Facilities.

JLL promotes balanced office upgrade guidelines

3-30-300 rule outlines priorities for pricing, improving work spaces

June 2, 2022

Virginia Thomas

Brokers with the Spokane office of Chicago-based commercial real estate company Jones Lang LaSalle Inc. contend Spokane's growth, the current labor market, and varying rates of commercial vacancy make this a good time for employers to upgrade their

New aircraft hangar proposed at Felts Field

Project could help meet demand for local storage

June 2, 2022

Staff Report and Erica Bullock

A private investment group has submitted a proposal for a new aircraft hangar at Felts Field Airport, at 6311 E. Rutter, in the Chief Garry Park neighborhood of Spokane, says Tim Lewis, one of the investment group members.