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Real Estate & Construction

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Spokane-area home values, sales marching upward

Median price for first half of year reaches $205,000
July 20, 2017
Mike McLean
Home sales here are continuing strong growth both in numbers sold and in median sales prices, says Tom McArthur, a spokesman for the Spokane Association of Realtors. In the first half of this year, 3,530 homes were sold through the association's Multip
Read More
—Kevin Blocker

Spokane Tribe preps for industrial push

Spokanes envision 155-acre 'green' business park, solar farm next to STEP site
July 20, 2017
The Spokane Tribe of Indians is laying the ground for its next ambitious step on the West Plains-developing a 155-acre 'green” industrial park to support its goal of creating its own utility company that would generate and distribute solar energy.
Read More
—Mike McLean

Two Spokane Valley factories imminent

Katerra Inc., Progress Rail likely to announce plants
July 6, 2017
Mike McLean
Progress Rail Services, of Albertville, Ala., and Menlo Park, Calif.-based Katerra Inc. might be gearing up to announce soon their plans to construct plants that that could lead to hundreds of living-wage manufacturing jobs in Spokane Valley
Read More
—Idaho Retail LLC

Riverstone Village retail store space now fully leased

All 160 acres at Cd'A site either bought or spoken for
July 6, 2017
Mike McLean
There's no space left to lease at the Riverstone Village retail center in Coeur d'Alene, and all of the land in the surrounding 160-acre Riverstone development is spoken for, says a commercial real estate broker involved in many of the recent transact
Read More
—Russell C. Page Architects PS

Office, retail structure in Mead to be expanded

Developer plans addition to physical therapy building
June 22, 2017
Mike McLean
Charles Gallagher, owner of the Institute for Physical & Sports Therapy, is developing a second phase of the multitenant commercial center, near Mead, in which the institute is a charter occupant. The 6,000-square-foot, two-story addition will be on the
Read More
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200-acre industrial park eyed in Spokane Valley

Property would have 100-acre lots, rail access
June 22, 2017
Centennial Real Estate Investments and the city of Spokane Valley are moving closer to finalizing plans for the development of a 200-acre industrial park amid efforts to woo at least two major manufacturers there as tenants. Doug Yost, Centennial's di
Read More

Gonzaga Prep works on gym project while fundraising

Wrestling program will be in new stand-alone building
June 22, 2017
Mike McLean
The Gonzaga Preparatory School athletic and fitness facilities renewal campaign has raised enough contributions to start work on the first two of three phases planned for the $6.5 million construction project. The first two phases include construction of
Read More

DCI Engineers acquires Montana-based company

Company strengthens its Mountain States presence
June 22, 2017
LeAnn Bjerken
Seattle-based structural and civil engineering company DCI Engineers Inc., which has a large Spokane office, has acquired Montana-based engineering firm Beaudette Consulting Engineers Inc., also known as BCE Structural Engineers. Financial terms of the
Read More

Douglass family members request five comprehensive plan amendments

Changes seek to increase levels of land development
June 22, 2017
Mike McLean
Prominent Spokane developers Harlan Douglass and his sons, Harley and Lanzce, are seeking a total of five amendments to the Spokane County comprehensive land-use plan. One request seeks to tweak language to clarify that development of access from major m
Read More

Transitions plans $6 million cottage housing project

Official says construction set to begin in August
June 22, 2017
LeAnn Bjerken
Transitions, a Spokane-based nonprofit that's goal is to end poverty and homelessness for women and children, is preparing to break ground on a $6 million housing complex to be located near its current facilities at 3128 N. Hemlock, in northwest Spokane
Read More
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