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Real Estate & Construction

—Mike McLean

Development proposals percolate downtown

High-rise, office, parking structures among spate of projects being explored
January 15, 2015
Mike McLean
Major downtown construction projects such as the ongoing Davenport Grand Hotel and the recently completed Spokane Convention Center expansion, as well as planned historic Ridpath renovations, likely are drawing additional developer interest to the city'
Read More
—Judith Spitzer

Spokane Public Radio's project on fast track for completion

Project funds mostly now raised, station's GM say
January 15, 2015
Judith Spitzer
On the eve of Spokane Public Radio's 35th anniversary, renovations of its future home at former Fire Station No. 3 on North Monroe Street are on schedule, and the station has secured most of the $5 million needed for the project, says Cary Boyce, SPR'
Read More

Foreclosure numbers dip in Spokane, remain historically high

Housing recovery said to hinge on job growth
January 15, 2015
Mike McLean
Foreclosure actions completed in 2014 in Spokane County fell 19 percent compared with the record number of foreclosures in 2013, but they're still historically high, some housing-market observers here say. The Spokane County Auditor's Office recorded
Read More
—Nystrom+Olson

$15 million-plus office complex eyed along Spokane River

Project near U-District to include four buildings
January 15, 2015
Mike McLean
Spokane developer and contractor Eric Brown says he plans to construct a $15 million-plus office complex near the south bank of the Spokane River, on the eastern edge of the University District. The project, tentatively named Spokane River Properties Dev
Read More

120-unit rental complex set to start on South Hill

Whitewater Creek permitted to begin $16 million project
December 18, 2014
Mike McLean
Hayden-based developer and contractor Whitewater Creek Inc. has obtained permits from Spokane County to begin construction of the first of two $16 million affordable-housing projects it has planned on the South Hill. The 120-unit Summit Ridge Apartments
Read More

Downtown auto service garage buys own building

Mechanic's Pride's move due to big Lexus project
December 18, 2014
Mike McLean
Mechanic's Pride Tire & Automotive Inc., a Spokane-based auto service business, has bought a 13,600-square-foot, single-story building at the northeast corner of Second Avenue and Jefferson Street and plans to move there from its longtime flagship locat
Read More

STA moves forward with West Plains transit project

Organization also slated to vote on 10-year plan
December 18, 2014
Katie Ross
Spokane Transit Authority is moving forward with its plans for an envisioned $14.8 million West Plains Transit Center, including applying for funding and contracting for the design of the facility, says Karl Otterstrom, STA's director of planning. The
Read More
Oz Architecture

Cd'A approves building permits for $20 million tower

Downtown project to have 60 living units
December 18, 2014
Mike McLean
The city of Coeur d'Alene has issued building permits to an Aspen, Colo.-based real estate development concern that give it the go-ahead to construct a $20 million, 15-story high-rise. The development company, One Lakeside LLC, which owns the 20,000-sq
Read More
—Mike McLean

Contractors eye strong start to construction season

-
December 18, 2014
Mike McLean
Some construction observers here say the industry is poised for a strong start in 2015. Contractors are starting to compile a backlog of work that will carry them further into the new year than backlogs of the last few post-recession years, says Wayne Br
Read More

Real estate market signs point to consistent growth

-
December 18, 2014
Mike McLean
With individual sectors of the real estate market described as improving to 'darn good” this year, some market observers are anticipating sustained growth in sales and leases in 2015.
Read More
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