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Real Estate & Construction

$3 million residential care facility approved in Spokane Valley

Estimated project value increased by $1.5M since first submitted
June 30, 2022
Erica Bullock
The city of Spokane Valley has issued a commercial building permit for construction of a $3 million, 16-bed residential care facility. The project site is on an acre of land surrounded by commercial and residential uses at 17927 E. Appleway,
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—Erica Bullock

Six restaurant projects planned, underway in Spokane

Spokane-area diners will have menu full of new options within year
June 30, 2022
Erica Bullock
Construction is planned or underway for six new restaurants in Spokane with expected openings starting this summer and continuing through mid-2023.
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—Copeland Architecture

Liberty Ciderworks, Copeland Architecture go in on new location

Principals of design-build firm, cidery plan to move to new space in January
June 30, 2022
Virginia Thomas
Liberty Ciderworks plans to move its tasting room and facility to a 7,000-square-foot building near downtown that it will share with a design-build architecture and construction company.
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121 home lots proposed on prime Moran Prairie plot

Low-density residential development to occupy 30 acres near YMCA site
June 30, 2022
Erica Bullock
A residential development is proposed just south of the envisioned YMCA of the Inland Northwest fitness center site in the Moran Prairie area south of Spokane. The proposal calls for 30 acres of land to be divided into 121 lots in the low-density
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—Karina Elias

Infill on the outskirts: More homebuilders look to small towns for available land

Developers are turning to nearby small towns for homebuilding as urban sites become sparse
June 30, 2022
Karina Elias
Small towns that are within an hour's drive of Spokane are seeing an increase in new home starts as developers turn to them for buildable land as infill opportunities in the urban area become harder to find, industry and planning officials say.
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—Nelson Worldwide LLC

$46 million West Plains Logistics complex planned

Three-building logistics complex to accommodate multiple industrial tenants
June 16, 2022
Erica Bullock
Three industrial warehouse buildings will be under construction this summer at a new development called West Plains Logistics, at 9813 W. Hallett Road, in west Spokane.
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—Erica Bullock

Building blocked: Construction costs hinder financing

Lenders seek solutions as contractors scale down some projects
June 16, 2022
Erica Bullock
Some lenders here say they're working around challenges to finance commercial construction developments and keep projects moving forward despite soaring prices of construction materials and rising labor costs, which have resulted in some project
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—Erica Bullock

New financing secured for Marjorie Apartments

$4.8M, 25-year refi has lower interest rate
June 2, 2022
Erica Bullock
Gantry Inc. has procured $4.8 million in permanent financing on behalf of Black Enterprises LP for the Marjorie Apartments, in downtown Spokane, says Demetri Koston, principal at the Spokane office of the San Francisco-based full-service mortgage
Read More
—Erica Bullock

Rebranding effort helps Kelly Right's market growth

Brokerage expects to have 1K agents companywide by the close of this year
June 2, 2022
Erica Bullock
Kelly Right International Inc., a Spokane-based real estate company, has reported over $270 million in local residential sales volume two years after rebranding two of its divisions, Kelly Right Real Estate and Modus Mortgage, company representatives say.
Read More

Plastic Surgery Northwest remodel slated

New offices, third floor to be added to structure
June 2, 2022
Karina Elias
A $1.8 million remodel is planned for the Plastic Surgery Northwest medical office building at 530 S. Cowley, on the lower South Hill. Eric Armstrong, of Spokane-based Pondera Architecture PC, says he's designing the project, along with
Read More
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