Real Estate & Construction

Opportunity awaits in Spokane's Opportunity Zones

Investors say investments are occurring; how much is unclear

May 23, 2019

A year after 11 Spokane-area neighborhoods were designated as Opportunity Zones, at least one advocate says Spokane is starting to see some investment activity.

Hope House garners $13 million for downtown project

Low-income apartments, shelter near full funding

May 9, 2019

Virginia Thomas

The Washington State Housing Finance Commission has approved $237 million for construction or preservation of nearly 1,000 affordable apartments throughout the state, including $13 million in tax-credit equity for the 60 units to be built at the planned

Marimn Health Youth Recreation Center takes shape

Art Only

May 9, 2019

Staff Report

NAC Architecture, of Spokane, is designing the $15.8 million Marimn Youth Recreations Center, which is to be built on tribal reservation land off of U.S. 95, near Worley, Idaho. Marimn Health, the health care organization of the Coeur d'Alene Tribe

$122 million dedicated to public projects in Spokane County

EWU, Eastern State, community colleges among top recipients

May 9, 2019

Virginia Thomas

The recently passed state capital budget includes about $122 million for 65 projects in Spokane County that will get underway in the next two years.

Is Spokane's apartment market on the brink of stability?

Someâ€”but not allâ€”experts claim multifamily supply, demand is finding balance

May 9, 2019

Natasha Nellis

After years of historically low vacancy rates in the multifamily housing sector, some observers of the Spokane apartment market claim it's on the brink of stabilization.

Medical Lake veterinary clinic constructs new facility

Practice expects to move to new home in September

April 25, 2019

Virginia Thomas

Medical Lake Veterinary Hospital is constructing a 6,850-square-foot facility valued at $747,500 on formerly vacant land just outside of the city of Medical Lake.

Real estate company partners with RealTree

New service offers access to hunting, recreation property

April 25, 2019

Natasha Nellis

Kansas City, Missouri-based United Country Real Estate|Northwest Land & Lifestyle Properties, which has a franchise in Hayden Lake, has partnered with Columbus, Georgia-based Realtree, a retailer of camouflage clothing

New retail center nears completion on Division Street

One tenant has signed lease, others interested

April 25, 2019

LeAnn Bjerken

Wandermere Retail Investors LLC is developing a new retail center at 11921 N. Division that will be called Wandermere Glen Retail. Jeff Johnson, president of Spokane-based commercial real estate and property management company NAI Black's brokerage an

One Spokane Valley storage facility expands; another rises

Both will provide space for recreational vehicles

April 25, 2019

Virginia Thomas

Two storage facilities, Abraham Self-Storage and Affordable Self-Storage, are being constructed or expanded just a few miles apart in Spokane Valley.

$40M in new multifamily housing project slated

Work includes senior-living, conventional market complexes

April 25, 2019

Natasha Nellis

Roughly $44 million in new, recently permitted apartment developments are underway in Spokane and Kootenai counties. In Post Falls, Hayden-based Whitewater Creek Inc. is building a 66-unit senior living apartment community