Real Estate & Construction

$9.5 million mixed-use center planned on West Plains

Car wash eyed to anchor five-building development

January 17, 2019

A $9.5 million commercial center to be anchored by a Bush Car Wash is being planned near the Pacific Northwest Technology Park, on the West Plains, according to a predevelopment application submitted to the city of Spokane.

Work underway on two La Quinta hotel projects

Properties will be updated to meet industry standards

January 17, 2019

LeAnn Bjerken

Work started this month on a $5 million project that will expand and rebrand the former Fairbridge Inn Express at 211 S. Division into a new La Quinta hotel franchise. The four-story, 36,000-square-foot hotel is owned by Kennewick

Three-building complex planned on North Side

$6M project would have office-warehouse space

January 17, 2019

Samantha Peone

Prominent Spokane real estate developer Harlan Douglass plans to develop a $6 million, three-building office-warehouse complex in north Spokane's Nevada Lidgerwood neighborhood, according to preliminary documents submitted to the city.

New phase planned at Blue Heron

$13.5M development includes18 home lots

January 17, 2019

Alla Drokina

Blue Heron, a residential subdivision off Indian Trail Road north of the Spokane city limits, is launching its next phase of development with 18 new lots. The lots range in price from $140,000 to $200,000, and Blue Heron developer Pete Rayner

Spokane Housing Ventures lands funding for two projects

$3M duplex project eyed at northeast Spokane site

January 17, 2019

LeAnn Bjerken

Spokane Housing Ventures has secured partial funding to develop five duplex structures in northeast Spokane for homeless veterans and to acquire senior housing in Central Washington. Dave Roberts, senior developer at Spokane Housing Ventures, says

Spokane-area home sales in 2018 outpace previous year

Observers say rising prices, low inventory might slow 2019 market momentum

January 17, 2019

Natasha Nellis

Spokane-area single-family home purchases in 2018 saw a small increase compared with the previous year, closing out at 8,212 sales, up 1 percent over 2017, a report released last week by the Spokane Association of Realtors shows.

Four Valley apartment complexes change hands

Multifamily broker claims more out-of-state buyers are eyeing Spokane market

January 17, 2019

Natasha Nellis

Multifamily housing in Spokane has become a hot commodity for out-of-state investors, contends Hank Seipp, Spokane Valley-based multifamily broker for Berkshire Hathaway HomeServices.

New industrial park planned in Hillyard area

L.B. Stone Properties envisions complex with half million square feet

January 17, 2019

Samantha Peone

Spokane real estate development company L.B. Stone Properties LLC plans to construct a new industrial park on 22 acres just west of the Esmeralda Golf Course, in the Hillyard neighborhood

Housing organization to move Rose Apartments

Time line for relocation depends on state offer

January 17, 2019

Natasha Nellis

East Central Community Organization, a Spokane-based nonprofit housing organization, plans to move an estimated 360,000-pound brick apartment building it owns this year.

Public projects to carry Spokane building sector

Total volume of planned work is north of $412M

January 17, 2019

Natasha Nellis

More than $412 million in new public construction projects are slated across Spokane County this year, including work on the next phase of the North Spokane Corridor, the start of the Hamilton Street Corridor Enhancement Project, bridge improvements