Real Estate & Construction

Deer Park business park clears key funding hurdle

City approves bond to help fund launch of first phase

January 16, 2014

The first phase of a long-envisioned Deer Park Business & Industrial Center project finally is moving forward after the Deer Park City Council approved a $1.3 million local improvement district bond last month. Bob Lee, owner of Deer Park-based Centennia

Blew's Construction wins Spokane Valley Tech remodel

Second-phase work to include labs, classrooms

January 16, 2014

Treva Lind

Blew's Construction Inc., of Spokane Valley, has won a $1 million contract for a second phase of remodeling work at Spokane Valley Tech, a technical- and career-based learning center for high school students. Blew's started construction on Dec. 16 to

Gonzaga gets interest break with tax-exempt bonds

$53 million mostly will go to university center project

January 16, 2014

Mike McLean

The Washington State Higher Education Facilities Authority last month issued revenue bonds that will help finance a new university center that's under construction at Gonzaga University, executives at the Jesuit school here say. Chuck Murphy, Gonzagaï¿

Acme Concrete expands its reach, lands big projects

North Dakota has provided large amount of recent work

January 16, 2014

Katie Ross

Spokane business Acme Concrete Paving Inc. has landed more than $100 million in road work in North Dakota during the last two years, with another $37 million currently in bid review, says company project manager Bryan White. The company also has been aw

Meridian erects multitenant buildings near Cd'A WinCo

Structures to include space for up to 14 retailers

January 16, 2014

Mike McLean

Meridian Construction Inc., of Spokane Valley, is erecting two multitenant commercial structures at The CrossRoads Coeur d'Alene retail center in northwest Coeur d'Alene, says Mark D'Agostino, Meridian's president. The 16-acre CrossRoads Coeur dâ

Community center plans move to Browne's Addition

Part of Lutheran church to be remodeled for youth programs

January 16, 2014

Mike McLean

The Peaceful Valley Community Center plans to move to the lower level of All Saints Lutheran Church, in the Browne's Addition neighborhood, following a reno-vation project there, says church pastor Alan Eschenbacher. The construction cost for the proje

Four more structures slated near Target store

Dave Black Properties to develop retail buildings at Regal Plaza

January 16, 2014

Mike McLean

The city of Spokane has issued commercial building permits at the Regal Plaza shopping center development for four new structures, in addition to the big Target store project under construction there. Dave Black Properties LLC, of Spokane, is developing

More apartments to rise at Riverstone

Two complexes will have 152 units, $13 million total value

January 16, 2014

Mike McLean

Hayden developer Whitewater Creek Inc. has obtained permits to build two apartment complexes, with 152 living units combined and a total construction valuation of $13 million, in the Riverstone mixed-use community in northwest Coeur d'Alene, city record

Three new eateries are being built in Kendall Yards

Restaurants to be clustered on main boulevard

January 16, 2014

Mike McLean

Affiliates of Liberty Lake-based real estate development company Greenstone Corp. are erecting three restaurant buildings with a combined construction valuation of $1.2 million in the Kendall Yards urban village development northwest of downtown Spokane.

Foreclosures climbed in Spokane County last year

County tallies record defaults despite gains in home sales

January 16, 2014

Mike McLean

Foreclosure actions completed in Spokane County swelled to a record level in 2013 following a four-year low in 2012, despite other indicators of improving real estate market trends. Last year, the Spokane County Auditor's Office recorded 1,211 foreclos