Real Estate & Construction

$5 million renovation eyed at Cathedral Plaza

Project would update 150 units in 15-story apartment tower

March 1, 2018

Preliminary plans on file with the city of Spokane show $5 million in renovations are planned at the Cathedral Plaza apartments, located at 1120 W. Sprague downtown. The 15-story, 150-unit apartment building is managed by Catholic Charities of Spokane af

Most of old Ridpath Annex to be demolished

Washington Trust to remove top four floors as part of renovation

March 1, 2018

Samantha Peone

Washington Trust Bank, which owns the former Executive Court building at 501 W. First downtown, plans to remove the second through fifth stories of the five-story structure, says Katy Wagnon, spokeswoman for the Spokane-based bank. Construction begins on

What's next: Following the Spokane-area school bonds victories

CV, Mead districts planning $245 million in construction

March 1, 2018

Samantha Peone

Following the Feb. 13 voter approval of separate construction bond measures totaling nearly $245 million, the Central Valley School District and the Mead School Mead School district are planning collectively to build four new schools, expand one school, a

Spokane Sportsplex is closer to becoming reality

County commissioners discuss approval of key funding source for $42 million project

March 1, 2018

For years, the idea of building a multipurpose sports complex in Spokane that could host regional and national sporting events has been on the wish lists of sports and economic development proponents alike. A funding mechanism for such a multimillion-dol

Vandervert Construction receivership sends ripples through industry

Subcontractors, other creditors mull options for collecting funds

February 15, 2018

Coeur d'Alene-based Innovative Electrical Solutions LLC owner Aaron Kayser laid off four employees last week, a move he contends is a direct consequence of Vandervert Construction Inc. entering into receivership. Kayser says the four former workers wer

Fairchild Air Force Base plans to build $10 million dormitory

Building set to house SERE course students

February 15, 2018

LeAnn Bjerken

Fairchild Air Force Base is in the design phase of a planned three-story, 79,400-square-foot dormitory to be used by students of the Survival, Evasion, Resistance, and Escape course. Plans for the building include 150 double-occupancy, dorm-style rooms,

Vinegar Flats Public Market project re-envisioned

Developer scales back from plan proposed two years ago

February 15, 2018

The developer of a newly proposed five-story, $4.5 million mixed-use building on the lower South Hill has revised original outlined plans first submitted to the city of Spokane a little more than two years ago. The development, named the Vinegar Flats Pu

EWU commits to envisioned Catalyst Building

150K-square-foot building scheduled for 2020 opening

February 6, 2018

Eastern Washington University President Mary Cullinan said this morning that the university plans to move three academic departments to the $50 million, Avista Development-proposed Catalyst Building, in Spokane's University District. Construction o

Vandervert Construction placed in receivership

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February 5, 2018

Mike McLean

Prominent Spokane-based general contractor Vandervert Construction Inc. is facing a financial crisis, and control of the company has been placed under receivership. Spokane-based law firm Davidson, Backman, Medeiros PLLC was appointed to serve as the g

Homes sales rise; foreclosures plummet in Spokane

After increasing last year, defaults hit 10-year low

February 1, 2018

Spokane-area single-family home purchases are expected to surpass the record reached in 2005, three years before the start of the Great Recession, says Rob Higgins, executive vice president of the Spokane Association of Realtors. Last year, 8,137 single-