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Real Estate & Construction

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From parking to premises: Urbin Developments, Diamond Parking partner on redevelopment projects

Developers tap into tax incentive to bring more housing downtown
August 28, 2025
Tina Sulzle

A local real estate development company is partnering with Diamond Parking Services LLC to convert underused parking lots into residential housing.



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Partners INW to move to new building, expand capacity

Warehouse purchased from Ziegler family; rehab project to start next spring
August 28, 2025
Karina Elias

Partner INW has purchased a former hardware warehouse on East Sprague that will help the nonprofit expand its services to the region's families and individuals in need. 


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New designation adds opportunities for Custom Energy

Spokane Valley-based company offers Clean Buildings Act-related services
August 28, 2025
Dylan Harris
Custom Energy, a Spokane Valley-based energy solutions company specializing in Clean Buildings Act compliance, is on a path of continued growth after its addition to Washington state's Energy Service Companies list in May.


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$2.2 million remodel proposed

Commerce grant to fund Passages Family Support building improvements
August 28, 2025
Tina Sulzle

Passages Family Support, a nonprofit outpatient behavioral health center, is working on a $2.2 million renovation of its building just off Sunset Boulevard in west Spokane.


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Falls Tower expected to be completed by Q3 2026

High-rise building to feature luxury condos, including studio, penthouse
August 28, 2025
Tina Sulzle

L.B. Stone Properties Group’s luxury high-rise condominium project overlooking the Spokane River, Spokane Falls Tower, is advancing skyward and could be completed by Q3 2026.




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Spokane investors acquire Bonner Mall

Shopping center is currently 78% occupied
August 28, 2025
Karina Elias

Bonner Mall, a 195,800-square-foot enclosed shopping center in Ponderay, Idaho, just north of Sandpoint, has been acquired by Bonner Mall LLC, an investor group led by Dave Black and Chris Bell, of Spokane-based NAI Black.



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Crisis relief facility expansion proposed

$15.7M development to break ground in 2026
August 28, 2025
Karina Elias

Spokane County is in the planning stages of an estimated $15.7 million expansion of its existing Spokane Regional Stabilization Center. 


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Work begins on $200M Village at Midway project

Construction underway for market, fuel station at North Spokane development
August 28, 2025
Karina Elias

Earlier this month, developers broke ground on the Midway Market and Fuel Station — a prelude to the Village at Midway, a $200 million project slated to bring hundreds of luxury apartments, restaurants, and community spaces to North Spokane.


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Around Town: Aug. 28

August 28, 2025
Emily Botter-Hanson
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Foreclosures here rise with nation, but economists not alarmed

Often tied to labor market, unemployment here has fallen, recent numbers show
August 28, 2025
Mike McLean

Foreclosure activity in Spokane and Kootenai counties so far this year is continuing an overall upward trend since defaults bottomed out in 2021.


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