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Real Estate & Construction

Centennial Properties agrees to buy Macy's building in downtown Spokane

Company envisions mix of retail, office, residential uses in 10-story structure
June 9, 2016
Journal of Business Staff
Centennial Properties Inc., the Spokane-based property developer that is part owner of the River Park Square downtown retail center, said it has agreed to buy the downtown Macy's building, at the northeast corner of Main Avenue and Wall Street. The
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Inslee approves Spokane Tribe's casino proposal

Decision comes year after federal determination
June 8, 2016
Journal of Business Staff
Washington state Gov. Jay Inslee announced this afternoon that he has approved the Spokane Tribe of Indians' STEP project in Airway Heights. Inslee says in a press release that his decision concurs with the U.S. Department of Interior's determinati
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—ALSC Architects PS

Theater envisioned in Coeur d'Alene's Midtown

Art Only
June 2, 2016
Staff Report
Modern Theater is in the early stages of planning a new, $12 million theater building at the northwest corner of Fourth Street and Roosevelt Avenue, in Coeur d'Alene's Midtown neighborhood. George Green, executive artistic director for Modern Theater
Read More
—Mann-Grandstaff Veteran Affairs Medical Center

Spokane VA medical center plans $35 million in projects

Next building to be erected for mental health, education
June 2, 2016
Mike McLean
The Spokane Mann-Grandstaff Veteran Affairs Medical Center plans to erect a mental health and education building on its campus in northwest Spokane to kick off a few projects in the works there with a combined value estimated at nearly $35 million. The n
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Real estate roundup: Fly fishing shop to cast its line in Garland District

-
June 2, 2016
Mike McLean
Swede's Fly Shop, a full-service fly fishing store, has leased 1,400 square feet of space at 825 W. Garland and plans to move to there in June, says shop owner Allen 'Swede” Peterson. Peterson says he's looking forward to moving into the heart of
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—Mike McLean

Apartments abound in Spokane market

Multifamily housing market projected to stay strong
June 2, 2016
Mike McLean
Even as hundreds of new apartments are set to come online, vacancy rates remain low, and rents are edging upward, meaning development of rental housing isn't likely to slow down any time soon, some professionals involved in the construction industry say
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Garco ramps up two projects worth $16 million total

Company chosen to build Amtrak station in Tacoma
June 2, 2016
LeAnn Bjerken
Garco Construction Inc., of Spokane, has begun work on two construction projects totaling about $16 million, one here in Spokane and the other in Tacoma. The first, which began in April, involves the $5.9 million construction of a combined sewer overflo
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—ALSC Architects PS

Spokane Transit Authority starts $5 million bus plaza renovation in core

Walker expected to finish two-phase project in '17
June 2, 2016
LeAnn Bjerken
The Spokane Transit Authority's downtown bus plaza is in the midst of a two-phase remodeling project that began in May and is expected to be completed in the summer of 2017. The project is estimated to cost almost $5 million, including design, enginee
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—Kevin Blocker

Teaching the 'real secrets' of real estate investing

Industry veteran here uses book to share knowledge
June 2, 2016
Though it débuted three years ago, Jeff K. Johnson's self-published book, 'Cash Flow Forever – The Real Secrets of Real Estate Investing” has been garnering noteworthy attention just in the last year or so. Much of that, says the 61-year-old pre
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-Kevin Blocker

Larry H. Miller set to develop Honda dealership in downtown Spokane

Company submits plans for building along Third
June 2, 2016
As the Larry H. Miller Dealerships chain continues to expand its sales and service facilities here, a real estate affiliate submitted a pre-development application to the city of Spokane for a proposed new building on west Third Avenue for its Honda deale
Read More
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