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Real Estate & Construction

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.
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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.
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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
Indigo Diggs Architecture

STARS plans integrated behavioral health facility

New location to offer 64 beds for crisis treatment, withdrawal management
March 26, 2020
Virginia Thomas
Spokane Treatment and Recovery Services expects to erect a 64-bed, 42,000-square-foot integrated behavioral health treatment facility and medical clinic on East Nora Avenue, in Spokane Valley, by the middle of next year.
Read More
Natasha Nellis

One Lakeside high-rise to be completed in June in Cd'A

$20 million tower to have condominiums, hotel units
March 26, 2020
Mike McLean
One Lakeside, the long planned mixed-use high-rise structure with views of Lake Coeur d'Alene, is nearly complete. The 15-story, $20 million building is being constructed at the northwest corner of First Street and Lakeside Avenue, near the west edge
Read More
Idaho Division of Veteran Services

$49M veterans home in works in Post Falls

Construction set to begin in spring or early summer
March 26, 2020
Mike McLean
The Idaho Division of Veterans Services plans to break ground this spring or early summer on a $49 million veteran's home in Post Falls. The 83,400-square-foot facility will be located on 7.3 acres of land fronting Lochsa Street, adjacent to Biopol
Read More
Natasha Nellis

New memory care facility rises at Orchard Crest

48-unit facility on track to be finished by year-end
March 26, 2020
Virginia Thomas
A $17.5 million memory care facility is rising at Orchard Crest Retirement Community, in Spokane Valley. Susanne Lunt, executive director at Orchard Crest LLC, says the walls of the two-story, 43,400-square-foot building are up, and the roof is mostly
Read More
NAC Architecture

Walls rise at Rockwood at Whitworth retirement complex

Retirement complex is on schedule to complete first phase in January
March 26, 2020
Natasha Nellis
Walls are starting to rise at Rockwood Retirement Communities' $69 million redevelopment project at its North Side location, says Eowyn Sallis, director of marketing for the organization. Work on the 420,000-square-foot, two-phase project, located at
Read More
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