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Real Estate & Construction

Airway Heights moves to address middle housing

City Council decision expected next month
January 16, 2025
Erica Bullock

The city of Airway Heights is updating its municipal code to comply with Washington state laws concerning missing-middle housing and accessory dwelling units as options to help relieve the housing shortage on the West Plains.


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Spokane Land Bank looks to become 501(c)(3)

Organization moves from remote working to office
January 16, 2025
Karina Elias

The Spokane Land Bank has a new executive director, a new office space, and is looking to branch off from its umbrella organization. 


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2024 home Sales, prices up in Spokane, Coeur d'Alene areas

January 8, 2025
Journal of Business Staff

The number of single-family homes sold in the Spokane area in 2024 totaled 5,650, up 2% over the number of homes sold in 2023, while homes sold in Kootenai County in 2024 totaled 2,450, up over 13% compared with year-earlier sales.


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Baker Construction announces leadership changes

Three execs promoted as Barry Baker pivots to post as company chair
December 30, 2024
Journal of Business Staff

Barry Baker, longtime president and CEO of prominent Spokane-based contracting company Baker Construction & Development Inc., has transitioned to the role of company chairman, triggering a series of leadership changes effective Wednesday, Jan. 1


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Garland Growth: Housing projects in historic district bring anticipation, anxiety over parking

Construction underway for housing projects that will include combined 104 living units
December 19, 2024
Dylan Harris

A pair of housing projects soon will turn the Garland District into a case study examining the effects of the city’s decision to remove minimum parking requirements for new developments.


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Thrive International envisions 48-unit project on North Side

Work to start by next spring on project valued at up to $9M
December 19, 2024
Karina Elias

Construction is expected to begin by early spring on a multifamily affordable housing project at 6980 N. Nevada.


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Rate of construction salary growth to slow in new year

Alternative compensation strategies reflect industry pressure
December 19, 2024
Erica Bullock

Construction industry wage growth is expected to grow at a rate greater than inflation, but at a slower rate than seen in previous years.



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Machinists Institute plans $3.6M expansion

Increased training capacity to address skills gap, labor shortages
December 19, 2024
Erica Bullock

The Machinists Institute is expanding its Spokane training center with a $3.6 million tenant improvement project.


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Kootenai County faces opportunities, challenges

Shortages in workforce, attainable housing temper diverse economy
December 19, 2024
Mike McLean

Kootenai County has a lot of economic opportunities ahead, although it faces challenges of a tight labor supply and a need for attainable housing.



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Affordability issues to dampen real estate activity

Despite high costs, North Idaho commercial market shows promise
December 19, 2024
Erica Bullock

Real estate affordability has been a top concern in Spokane and Kootenai counties this year for both the commercial and residential markets, and high costs are expected to persist in the new year.


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