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Real Estate & Construction

Second hotel eyed at Riverstone in Coeur d'Alene

Developers hope to erect first Staybridge in Idaho
April 27, 2017
Mike McLean
Staybridge Suites, a hotel brand that would be new to Idaho, is proposing construction of a $9 million, 96-unit hotel in the Riverstone development northwest of downtown Coeur d'Alene, preliminary planning documents under review by the city of Coeur d
Read More

JC Wright Lighting owner plans building east of downtown Spokane

Value of project on Third estimated at $1.3 million
April 27, 2017
Mike McLean
The owner of a Spokane lighting sales company plans to develop a $1.3 million, 10,800-square-foot office building east of downtown. Doug Wright, owner JC of Wright Lighting Sales Inc., says he hopes construction will start in May on the two-story JC Wrig
Read More
—LeAnn Bjerken

Advisors Mortgage duo embraces team approach

Lenders cite market impact of low inventory, rising rates
April 13, 2017
LeAnn Bjerken
As the Spokane real estate market continues to heat up, lenders here at The Advisors Mortgage Co. say they're preparing for added competition in mortgage loans. 'The current market is definitely a seller's market,” says Blaine Rolstad, branch ma
Read More
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Maryhill Winery to build tasting room in Kendall Yards

Satellite facility expected to be completed next fall
April 13, 2017
Craig and Vicki Leuthold, founders of the Maryhill Winery in Goldendale, Wash., say they plan to build a 5,000-square-foot satellite tasting room in the Kendall Yards development just northwest of downtown Spokane and expect to open it next fall. 'Our
Read More

Lincoln Center returns to its roots as church venue

True Hope buys complex to serve growing assembly
April 13, 2017
Mike McLean
True Hope Church, a Spokane-based Assemblies of God church, has bought for $2.6 million the Lincoln Center, at 1316 N. Lincoln, where True Hope has consolidated its South Hill and North Side operations, says Ryan Layton, a commercial real estate broker in
Read More
—Mercier Architecture & Planning

Cheney credit union develops West Plains branch

Membership has expanded 17 percent since early 2013
April 13, 2017
Mike McLean
Cheney Federal Credit Union has started construction on its second branch, which will be located at the south corner of Westbow Boulevard and Aero Road, near the Interstate 90-Medical Lake interchange, says JoAn Sanders, CEO of the credit union. The 2,70
Read More

Extended-stay hotel opens after long renovation

Old Solar World complex rehabbed over two years
April 13, 2017
Mike McLean
Lee Carney, principal and general manager at Turning Leaf Townhomes extended-stay lodging on Spokane's North Side, says the facility is now fully operational after two years of room-by-room rehabilitation of the former Solar World Estates complex. Turn
Read More

$1.5 million project slated at Music City Building

Structure to be converted to living, commercial uses
April 13, 2017
LeAnn Bjerken
Spokane-based developer GVD Hospitality Management Services Inc. plans to start work this month on a $1.5 million renovation project at the vacant Music City Building downtown, continuing work at its properties along the 1000 block of west First Avenue.
Read More
—Centennial Properties Inc.

Single-family, multifamily markets still hot

Some observers, though, foresee possible late-year softening
March 30, 2017
Kim Crompton
The residential construction market here, much like last year, is expected to continue to sizzle through the rest of this year, although a worrisome lack of developable lots and qualified subcontractors is increasingly on developers' and builders' min
Read More

Cost Less Carpet moves Spokane Valley outlet to larger space

Flooring chain takes former Ciena data center
March 30, 2017
Cost Less Carpet store manager Wayne Gladden says the 2-year-old Spokane Valley store has moved to a building the company purchased at 115 N. Sullivan, giving it seven times more space than its previous Spokane Valley location, at 15310 E. Marietta. 'I
Read More
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