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Real Estate & Construction

Foreclosures rise in INW, following national trend

Increase in defaults said not alarming yet
May 11, 2023
Erica Bullock
Recent foreclosure activity in Spokane and Kootenai counties shows a significant increase during the first three months of 2023 compared to the year-earlier period, following a year-over-year increase in 2022. Foreclosures on deeds of trust in Spokane
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Around Town

~
April 27, 2023
Staff Report
RDD Holdings LLC, of Spokane, has purchased a 13.5-acre, multibuilding site with over 47,400 square feet of warehouse, office, and storage space, at 10808 N. Perry Road, just north of Spokane, where the previous owners operated Perry Storage.
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Boys & Girls Clubs expands center in Post Falls

$1.7M project to house culinary, STEM offerings
April 27, 2023
Karina Elias
Construction has started on 5,000-square-foot addition to Boys & Girls Clubs of Kootenai County's Jordan Johnson Clubhouse building, nearly doubling the size of the center, says Mark Kuhnhausen, executive director of the organization.
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—Karina Elias

T.W. Clark Construction expands its scope into development

Company's current work includes rental project it also owns in Post Falls
April 27, 2023
Karina Elias
Steve Sunleaf, majority owner of T.W. Clark Construction LLC, says the next growth stage for the Spokane Valley construction company will be in its development of its own projects. The company currently is constructing the second project under its
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Farwest Steel plans Post Falls facility

Building will occupy former Greenacres Gypsum & Lime site
April 27, 2023
Erica Bullock
Farwest Steel Corp., a Eugene, Oregon-based metal supplier, is preparing to construct a new $6.8 million industrial building in North Idaho, according to application information for a building permit that was issued last month by the city of Post Falls.
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—Erica Bullock

Millennium Northwest envisions more projects in Spokane area

Nonprofit background helps maintain focus on workforce housing
April 27, 2023
Erica Bullock
Making an impact and tackling difficult social and health issues through real estate is central to developer Antony Chiang's career goals, he says. Chiang, founding partner of Spokane-based development company Millennium Northwest LLC, says he's
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—Mike McLean

What's Happening With: the QualMed office-to-apartment conversion project

First living units expected to be occupied in summer
April 27, 2023
Mike McLean
Apartment unit pre-leasing will begin soon at The 508 West, a $16 million multifamily construction project at the former QualMed Plaza in the medical district on the lower South Hill, says Nick Brumback, co-president of Spokane real estate development
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—Keith Erickson

VRB-WHOA!: Cd'A leaders attempt to rein in short-term rentals

Property owners organize to defend against aspersions
April 27, 2023
Keith Erickson
Escalating concerns surrounding short-term rentals, such as those offered through online vacation rental marketplaces Vrbo and Airbnb Inc., have prompted the Coeur d'Alene City Council to consider code changes to better regulate the industry, says
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UPS to open large West Plains distribution facility

Shipping company leases 96,000-square-foot space at Douglass Legacy Park
April 27, 2023
Dylan Harris
Atlanta-based international shipping company United Parcel Service Inc. has leased a building at Douglass Legacy Park, on the West Plains, with plans to open a distribution facility there later this year.
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—Karina Elias

Manito Garden focuses on affordable livability

HUD-subsidized senior housing project turns 40
April 13, 2023
Karina Elias
At Manito Garden Apartments, a facility for low-income seniors located at 500 E. 29th, the staff and property managers work together to provide and maintain an affordable place for residents to live.
Read More
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