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Real Estate & Construction

Central Valley School District buys Broadway Square apartment complex

District says land needed to relocate middle school
February 11, 2016
Mike McLean
Spokane Valley-based Central Valley School District has bought for $2.3 million the Broadway Square Apartments complex at 11910 E. Broadway, in Spokane Valley, and plans to demolish it to make room for the envisioned replacement of North Pines Middle Scho
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National Furniture to move, raze longtime building along Division

High-traffic location leased out to Carl's Jr. franchisee
February 11, 2016
Mike McLean
National Furniture Store Inc., the Spokane furniture retailer known for its 'No Baloney” tagline, plans to move out of its aging building on Division Street, which will be demolished and replaced with a national burger restaurant chain outlet, says Ma
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—LeAnn Bjerken

Work on Spokane's North-South freeway hits lull

However, other road improvements are slated in East Spokane this year
February 11, 2016
LeAnn Bjerken
Work on the $1.49 billion North Spokane Corridor project has hit a lull this year, despite the Washington state Legislature last year having approved $750 million to complete the long-awaited project. That doesn't mean, though, that contractors won'
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Huge Indian Trail projects eyed

Potential 1,800 living units raise worries about traffic
February 11, 2016
Mike McLean
Two developers are asking the city for comprehensive land-use plan amendments that would enable them to build potentially more than 1,800 dwelling units combined in the Indian Trail area, raising concerns about traffic congestion in the northwest Spokane
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WSU Spokane selects Jensen-Byrd developer

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January 29, 2016
Staff Report
Washington State University Spokane said it has selected a limited-liability company that includes McKinstry Spokane LLC to redevelop the Jensen-Byrd Building, a long-vacant, six-story warehouse building on the WSU Spokane campus. The company, named JB
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Couple buys Windermere Real Estate agencies in Spokane Valley, Liberty Lake

Wetzels expand holdings beyond support services
January 28, 2016
Kim Crompton
Scott Wetzel, owner of a Spokane-based real estate support services company that works with Windermere Real Estate agencies over a broad Mountain West region, says he and his wife, Tracie, have moved into the real estate front lines by buying two Winderme
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Inland Northwest Blood Center plans collection center on Spokane's North Side

Donation site will be open three days a week initially
January 28, 2016
Mike McLean
Inland Northwest Blood Center has leased 1,200 square feet of space at 10403 N. Newport Highway, where it plans to open a new blood collection center in February, says Jennifer Hawkins, a spokeswoman for the Spokane-based nonprofit. The collection center
Read More
City of Spokane

Riverfront Park work to begin midsummer

First projects include rink, Howard Street south bridge
January 28, 2016
Mike McLean
Nearly a year and a half after voters approved a $64.3 million bond measure to fund the first major upgrades of Riverfront Park since it was constructed for Expo '74, the first projects to be funded under the measure are set to go to bid this spring. P
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—LeAnn Bjerken

Mulling Macy's makeover in downtown Spokane

Some believe new building tenants may bring positive change
January 28, 2016
LeAnn Bjerken
Macy's Inc.'s announcement earlier this month that it plans to close its downtown Spokane store by this spring as part of a series of chainwide cost-efficiency measures has raised concerns among nearby businesses about the potential negative impacts o
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Spokane and Coeur d'Alene home sales, prices surge

Median price could exceed prerecession peak this year
January 28, 2016
Mike McLean
The residential real estate market in Spokane and Kootenai counties last year saw the biggest upswings in home sales by total numbers and median price since the Great Recession. According to the Spokane Association of Realtors Multiple Listing Service, 6
Read More
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