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Real Estate & Construction

Spokane County's property valuation nears record

Tax rates hold fairly level for third consecutive year
March 26, 2015
Mike McLean
The overall property value in Spokane County ticked upward in 2014 for the second consecutive year. The total assessed value, at $38.5 billion, also is within a percentage point of 2009's peak value of $38.8 billion. Byron Hodgson, chief deputy assess
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—Mike McLean

Kootenai County is holding onto building momentum

Projects valued at more than $210 million in the works
March 12, 2015
Mike McLean
Kootenai County is looking to continue to build on gains it has achieved in active construction projects since the low point of the Great Recession. Projects valued at more than $210 million currently are under construction, permitted, or planned. That d
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—City of Spokane

Transportation spending to rise significantly in 2015

Work on NSC, other continuing projects slated this year
March 12, 2015
Katie Ross
More than $160 million in new and continuing transportation-related construction projects are slated for 2015 across Spokane County, an increase of $20 million from last year, including continued work on the North Spokane Corridor and several previously d
Read More
—Mike McLean

New-home construction picks up

Sector outlook here flat overall, but some builders seeing strong surge
March 12, 2015
Kim Crompton
The overall residential construction market here is projected to be flat or show modest growth this year, but some builders are reporting surprisingly strong demand, particularly since the start of this year, raising hopes for a potentially sharper upturn
Read More
—Perkins+Will

Education projects continue upward trajectory

Spokane Public Schools, EWU's PUB contribute solidly to mix
March 12, 2015
Judith Spitzer
Construction in the education sector is poised to ramp up here, with the recent passage of bond measures in several Spokane-area school districts and capital projects under way or planned for area colleges and universities. The capital projects either pla
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—Mike McLean

$500 million-plus in work planned, underway in Spokane area

Sweeping bond wins to give industry a boost
March 12, 2015
Linn Parish
With sweeping wins in school bonds and a mix of big public-works and private-sector projects slated to gear up, the Spokane-area construction industry is expected to see more than $500 million in work continue or get under way in 2015. Much of that work
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West Side title company to enter Spokane market

Ticor plans to open office next month at Rock Pointe
March 12, 2015
Mike McLean
Seattle-based Ticor Title Co. of Washington plans to open a Spokane office next month. Crystal Miller, who will be a commercial sales executive at the office, claims Ticor will be the first new entry in the title insurance market here since before the Gr
Read More

Cornerstone brokerage joins national network

Sperry Van Ness has 190 affiliates throughout U.S.
March 12, 2015
Mike McLean
Cornerstone Property Advisors LLC, a longtime Spokane commercial real estate brokerage, now is affiliated with a national commercial real estate network and is operating under the name Sperry Van Ness Cornerstone. Guy Byrd, broker at Sperry Van Ness Corn
Read More
—Kim Crompton

Boosting IRA gains by diversifying into real estate

Financial planner says it offers attractive benefits
March 12, 2015
Kim Crompton
Using a Roth individual retirement account to invest in real estate is a little-known strategy that can provide interesting diversification and attractive benefits for certain investors looking to try something different, says David L. Baker, a longtime f
Read More
—Judith Spitzer

INWCF keeps momentum with asset, fund growth

2006 strategic plan placed organization on its path
March 12, 2015
Judith Spitzer
Inland Northwest Community Foundation, the Spokane-based nonprofit that manages assets for charitable organizations and donors, has seen extraordinary growth during the past few years, says Mark Hurtubise, the organization's president and CEO. He attrib
Read More
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