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Real Estate & Construction

Virginia Thomas

Women largely absent from construction fields

More learning opportunities needed for school-aged girls, industry women say
April 23, 2020
Virginia Thomas
A lack of promotion of the construction industry in schools has led not only to a shortage of workers, but a dearth of women in the industry, some women in construction and trades here claim.
Read More
Natasha Nellis

Many national tenants opt not to pay April rents

Retailers, others refer to pandemic as 'force majeure'
April 23, 2020
Natasha Nellis
The commercial real estate sector is taking a hit as business shutdowns and significant cash flow declines force some companies to miss their rent payments, while some in the industry contend that businesses are choosing not to pay.
Read More
Skylab Architecture

$85 million in new development envisioned at Schweitzer

Early snow, coronavirus delayed new hotel work; opening pushed back
April 23, 2020
Kevin Blocker
The owner of Schweitzer Mountain Resort envisions about $85 million worth of enhancements at the North Idaho ski resort over the next decade, executives there say.
Read More

Harlan Douglass envisions industrial complex on West Plains

19-building project totals over 1.5M square feet, to be east of Amazon
April 9, 2020
Natasha Nellis
Longtime Spokane real estate developer Harlan Douglass has set his sights on his next big development, a 19-building, 1.52 million-square-foot industrial complex on the West Plains.
Read More

Around Town

Real Estate Transactions and Other Business Moves in the Inland Northwest
April 9, 2020
Staff Report
Seattle-based Grand Coulee Building LLC has purchased the 43,900-square-foot retail and residential Grand Coulee Building, at 106 S. Cedar, as an investment. The building has 49 residential units and seven retail spaces.
Read More
Journal of Business

ICM Asset Management prevails in arbitration over investor's claims

Panel says 'sloppiness' wasn't fraud or neglect
April 9, 2020
Kevin Blocker
A three-person panel of arbitrators has ruled that a long-time Spokane investment company and its owner didn't breach its fiduciary duties, nor did it commit fraud, as claimed by a Spokane businessman who had invested in the company.
Read More

North Idaho looks to accommodate influx of retirees

Senior population growth outpaces housing stock
April 9, 2020
Natasha Nellis
Kootenai County has experienced an influx of retirees moving into the region over the last decade, and builders have struggled to keep up with the demand for housing, some observers say.
Read More
Touchmark LLC

Senior safety in Spokane

Retirement homes here encouraging seclusion for their at-risk residents
April 9, 2020
Kevin Blocker
Keith Fauerso, executive director of the Cheney Care Community senior living home, says quarantine measures implemented due the coronavirus pandemic only have furthered the isolation experienced among those who are the most susceptible to the virus.
Read More
Natasha Nellis

Estimated $440 million in construction projects on hold in Spokane area

Commissioners, others argue home building is essential
April 9, 2020
Natasha Nellis
Nearly $440 million in commercial and residential construction projects is estimated to be on hold in the Spokane region during Gov. Jay Inslee's 'Stay Home, Stay Healthy” mandate that has deemed private residential and commercial construction
Read More
Linn Parish

Spokane-area builders scramble to comply with state mandate

Inslee deems most residential, commercial projects nonessential
March 26, 2020
Natasha Nellis
Spokane-area contractors are scrambling to comply with recent updates to Gov. Jay Inslee's 'stay home, stay healthy” order that has deemed commercial and residential construction as nonessential.
Read More
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