Real Estate & Construction

Prairie Crossing mixed-use project moves forward

Site work on 50-acre Post Falls development expected to begin in fall

August 26, 2021

A 50-acre Post Falls development more than a decade in the making appears to be moving forward. The Prairie Crossing development, which is expected to include multifamily residential, retail, medical office, and other commercial uses, is proposed at the

PrimeSource Credit Union starts renovation of University District branch

Updates to include office spaces, flooring, ATM

August 26, 2021

Virginia Thomas

PrimeSource Credit Union, of Spokane, is working on a full renovation of its branch at 428 E. Third, east of downtown Spokane. Permits have been issued for the project, and work has begun, says Annettee Babb, CEO of PrimeSource. Demolition of some

Student housing portfolio acquired near Gonzaga

Group to keep focus on renting to GU students

August 26, 2021

Natasha Nellis

A California-based investment company has acquired five student rental homes near Gonzaga University. McGarry Strategic Enterprises LLC, an investment company based in San Diego, purchased five contiguous student rental homes located near the southwest

Mixed-use project planned on Monroe Street

Work expected to begin in fall, with commercial space in initial phase

August 26, 2021

Natasha Nellis

Spokane-based Millennium Northwest LLC is planning a two-phase, mixed-use development on Monroe Street, dubbed Millennium on Monroe, planning documents on file with the city of Spokane show. A representative of the development couldn't be reached

Spokane Realtor plans to launch Washington Real Estate School

Gwynn says new effort also to offer tech training

August 26, 2021

Kevin Blocker

Spokane-based real estate broker Bryan Gwynn is in the process of establishing a continuing education school that he says will have an emphasis on technology. Gwynn is the founder of the Washington Real Estate School, a business that he established at

Coeur d'Alene Basin cleanup progresses

Focus is on containing contaminants, restoring wetlands for waterfowl with $24.7M in projects

August 26, 2021

Natasha Nellis

This year, the U.S. Environmental Agency, in partnership with the Coeur d'Alene Work Trust, plans to complete three construction projects throughout the Coeur d'Alene basin area and haul over 500 truckloads of historic mine waste-contaminated material

Zak! Designs plans addition to accommodate growth

Company's products boom during pandemic

August 26, 2021

Natasha Nellis

Airway Heights-based Zak Designs Inc. is planning a $3.9 million, 24,000-square-foot addition to its facility on the West Plains to create more storage space for the rapidly growing company, says owner Irv Zakheim. The project will add 24,000 square feet

Commercial investment market mirrors residential trends

Local buyers priced out as demand, low supply drive up costs

August 26, 2021

Natasha Nellis

Those looking to invest in commercial real estate face a market mirroring the in-demand housing sector, with local investors bearing the brunt of the challenges as historically low capitalization rates and high demand price them out of the Spokane market.

Tenant, landlord groups wait on new resolution system

Eviction bridge expiration looms, but mechanisms aren't in place in county yet for mandated dispute remedies

August 26, 2021

Virginia Thomas

New laws and an eviction moratorium bridge have created confusion, and more funding for rental assistance is needed, say both landlord and tenant group leaders here.

Big mixed-use projects planned at Landing at Post Falls

Former LP mill site development includes waterfront housing

August 26, 2021

Natasha Nellis

At least 548 additional residential units and 46,000 square feet of office and commercial space are planned at the 33-acre Landing at Post Falls site, on the north bank of the Spokane River.