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Real Estate & Construction

Efficient By Design: Contract Design Associates lands downtown

Move provides central setting, better space for work, display
March 30, 2023
Samantha Peone
Spokane-based Contract Design Associates Inc., a 43-year-old commercial furniture dealership, has relocated recently into a 16,000-square-foot space in the former Spokesman-Review production building, at 1 N. Monroe downtown.
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Garden District neighborhood rises on South Hill

Single-family houses are being built in $15 million development; multifamily planned at site in future
March 30, 2023
Erica Bullock
Construction has started on over two dozen single-family homes in Greenstone Corp.'s planned $15 million Garden District community on Spokane's South Hill. Jim Frank, founder and CEO of Liberty-Lake-based Greenstone, says about 30 homes are
Read More

Alturas Capital acquires Rock Pointe West campus

Acquisition is third for Idaho company in Spokane area
March 30, 2023
Erica Bullock
Alturas Capital Partners LLC, a commercial real estate investment company based in Eagle, Idaho, has purchased the Rock Pointe West corporate office campus, located near the growing North Bank district in Spokane.
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Collabra Technology launches new Realtor tools

With roots in TourFactory, Prop-tech company aims to help agents measure digital sphere of influence
March 30, 2023
Erica Bullock
Spokane-based property technology company Collabra Technology Inc. has developed a new tool for real estate professionals to measure their online presence and to grow their digital marketing capabilities, says Collabra CEO Russ Cofano.
Read More

A Post Falls urban center is in the worx

Plans include 685 living units, hotel, retail uses; up to $200M in work envisioned at old mill site
March 30, 2023
Karina Elias
A&A Construction & Development Inc., of Spokane, is constructing a new urban center in Post Falls. Once completed, the 32-acre Millworx development a few blocks east of City Hall will have about 685 living units in 615,000 square feet of residential
Read More

Journal selects its 2023 Icons winners

Seven honorees to be recognized at May event
March 16, 2023
Staff Report
Seven professionals from the real estate, education, and professional fields will be honored in the Journal's class of 2023 Icons. This year's Icons are: • Cher and Jim Desautel, founders of what's now the DH public relations firm.
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Parting Thoughts with Lydig Construction's Mark Bray

~
March 16, 2023
Karina Elias
Mark Bray, 61, retired from his chief financial officer role from Spokane Valley-based Lydig Construction Inc. on Dec. 31. Bray joined Lydig Construction in June of 1994 as the company's controller. In 1998, two years after the company's founder
Read More

Tampien-led group buys Peyton Building downtown

Investors to convert long-time office space into 96 living units
March 16, 2023
Erica Bullock
The historic Peyton Building, located at 10 N. Post in downtown Spokane, has been purchased by a group of investors led by developer Jordan Tampien, who plan to convert the seven-story structure from office use to 96 residential units.
Read More

What's happening with the old McKinley School project

Permit applications filed, but development still said facing strong headwinds
March 16, 2023
Mike McLean
Spokane-based InterUrban Development LLC recently has submitted updated building permit applications for a three-building second phase of construction at the historic McKinley School site, in East Spokane. Construction hasn't started yet on the first
Read More

Point Breakthrough: Nearly $100M in projects planned at Mirabeau Point

Work includes entertainment venue, offices, apartments, more
March 16, 2023
Erica Bullock
Years into its development, the Mirabeau Point area of Spokane Valley is now home to nearly $100 million in projects that are planned or underway. Development activity includes the addition of a lodging facility, an entertainment center, retailers
Read More
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