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Real Estate & Construction

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Spokane-area apartment vacancy rate stabilizes

Multifamily vacancy holds steady this year, but affordability remains a concern
December 5, 2024
Erica Bullock

Spokane area apartment vacancy rates are returning to normal this year as multifamily construction projects wrap up and add new units to the housing supply, however affordability concerns are still straining the market, some market observers here say. 


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Heart Institute upgrades to help meet demand

Planned $42 million renovation project slated to begin next year
December 5, 2024
Dylan Harris

The need for cardiovascular care is growing, and the planned renovation of Providence Heart Institute is expected to help meet that demand.


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Davenport Lusso undergoes remodel, rebrand

Renovations expected to be finished in late January
November 21, 2024
Dylan Harris

The Davenport Lusso is undergoing a rebrand, complete with a name change and a multimillion-dollar renovation project.


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Parting Thoughts: Ed Walker, Co-owner & President, Walker Construction Inc.

November 21, 2024
Karina Elias

Ed Walker will retire from his 32-year career in construction on Jan. 1. 


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Development options eyed in Lincoln Heights neighborhood

Property under consideration for either business or residential use
November 21, 2024
Erica Bullock

A 1-acre property on Spokane's South Hill is under consideration for the development of two proposed projects that would lead to the construction of either an office building or a multifamily housing complex.


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Falls about to rise

November 21, 2024
Journal of Business Staff

Groundwork has started at the site of the Falls Tower project.


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Housing Help: Wharton Building owners use tax incentives to build more units

Developer is among first to take advantage of new sales-tax deferral
November 21, 2024
Dylan Harris

The historic Wharton Building is undergoing major renovations, and its ownership group is taking advantage of tax incentive programs to make it happen.


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Spokane Valley UPS customer center to be upgraded

New system to process 19,000 packages per hour
November 21, 2024
Karina Elias

A UPS store and designated customer center in Spokane Valley has started upgrades valued at $18.8 million to its conveyor system. 


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Joya Child & Family Development to begin expansion

New research and training facility coming in April
November 21, 2024
Karina Elias

Joya Child & Family Development soon will open its doors to a $3 million research and training institute on its University District campus


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Tapa Spokane plans Valley warehouses

Bellevue development company invests $2.5M for project
November 21, 2024
Erica Bullock

Tapa Spokane LLC is planning three new buildings in Spokane Valley for a project dubbed Tapa Business Park Barker Road.


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