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Real Estate & Construction

SRTC awards $40M for transportation improvements

Federal funding to go toward 21 projects in Spokane County
July 14, 2025
Journal of Business Staff

The Spokane Regional Transportation Council has awarded about $40 million in federal funding for transportation projects across Spokane County.


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June uptick in home sales caps healthy first half of 2025

Sales activity, median price, inventory all rise, according to Spokane Realtors
July 9, 2025
Journal of Business Staff

Just over 560 homes changed hands through the Spokane Association of Realtors' Multiple Listing Service in June, an increase of about 20 homes from the year-earlier period, association data show. 


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Home sales, prices continue to climb in Kootenai County

June inventory higher than year-earlier month
July 3, 2025
Journal of Business Staff

So far this year, 1,166 single-family homes have sold in Kootenai County, a 3.7% increase compared to the same time last year, according to the June 2025 Market Snapshot from Coeur d’Alene Regional Relators.


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$8.5M apartment project underway in Spokane Valley

The project is expected to be completed in late this year or early in 2026
July 3, 2025
Karina Elias

Construction is underway in Spokane Valley on a 42-unit apartment building valued at $8.5 million. 


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Meet & Greet with Cornerstone Construction's Isaiah Clow

July 3, 2025
Linn Parish

Late last month, the Journal sat down with Isaiah Clow, owner of Cornerstone Construction & Development Inc.  the Journal sat down with to talk about his career, the acquisition, and the construction industry in general.


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Peirone Produce expects expansion plans to bear fruit

Spokane-based wholesaler to add warehouse space, eyes West Side market
June 19, 2025
Dylan Harris

Spokane-based Peirone Produce Co. is planning a warehouse expansion that will help extend its service area to Washington’s West Side, a business move that would follow in the footsteps of its parent company, URM Stores Inc.


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Large Spokane Valley residential project advances

Contractor, architect selected for Centennial Lofts
June 19, 2025
Erica Bullock

Centennial Lofts, a planned 259-unit apartment building in Spokane Valley, is moving forward in the development process with the selection of a general contractor and architect for the project.


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$165 million development planned at CDA National Reserve

Construction on 55 high-end homes set to begin this summer
June 19, 2025
Tina Sulzle

A Southern California developer is planning a $165 million luxury residential project at CDA National Reserve, a private golf resort near the western shores of Lake Coeur d'Alene.



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Design phase for Indian Trail park progresses

Meadowglen project to address accessibility gap in neighborhood
June 19, 2025
Erica Bullock

Rapid growth in Spokane's North Indian Trail neighborhood has prompted the city's Parks & Recreation department to move forward with a priority development project that will improve the southern half of Meadowglen Park.


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Rates, expectations challenge commercial real estate market

Diverse sector performance shows strong demand in some areas, struggles downtown
June 19, 2025
Erica Bullock

Commercial real estate is showing signs of resiliency in the Spokane market despite a steep interest rate environment, high-priced properties, tariff concerns, and global trade tensions that have been influencing activity in certain sectors.



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