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Real Estate & Construction

Mixed-use development eyed at old Idaho Veneer site

Dual-brand hotel planned on adjacent land to north
January 13, 2022
Karina Elias
A development of over 120 residential living units is planned on the grounds of the former Idaho Veneer Co. mill site. The $20.5 million project, named Millworx, is located at 704 E. Fourth and is being developed by longtime Spokane developer A&A
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Rendering provided by NortonWorkshop

Luxury townhome development planned in Coeur d'Alene

Five high-end, three-story structures to be constructed by Stan-Craft affiliate
January 13, 2022
Erica Bullock
Real estate investment company Measom Holdings LLC is developing five high-end townhomes worth nearly $15 million in a project named the Nest at Lake Side, in downtown Coeur d'Alene.
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INW ag industry expects better conditions in new year

Heat, drought impacted crop production in 2021
December 16, 2021
Karina Elias
Washington wheat production for 2022 depends on whether the Pacific Northwest receives a good amount of rainfall and moisture this coming winter, says Glen Squires, CEO of the Spokane-based Washington Grain Commission. This year, Washington experienced
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Volatility in wood prices, supply to extend into 2022

Weather, hike in duties to influence market here
December 16, 2021
Virginia Thomas
Prices for wood products have been up and down this year, and experts say that volatility will remain into 2022. Shawn Church, editor of the Eugene, Ore.-based FastMarkets Random Lengths, a publication that tracks lumber prices and forest-products
Read More
Erica Bullock

Strong real estate demand is expected to continue

Increase in inventory of single-family homes, industrial spaces likely
December 16, 2021
Erica Bullock
Demand for real estate in the Spokane-area market is expected to remain high in 2022, according to real estate industry leaders here. The number of single-family homes sold through this November is 1.3% ahead of sales through the first 11 months of 2020
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AllWest Engineering appoints new leaders

Engineering company names new CEO, COO
December 16, 2021
Erica Bullock
AllWest Testing & Engineering LLC, a Hayden-based engineering, environmental, and construction materials testing company, has promoted two employees, James Thomasson and Taryn Perry, to C-suite leadership roles. Thomasson, 42, is becoming AllWest's
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INW job growth expected to build upon 2021's gains

National, international factors threaten to slow employment demand, though, some here say
December 16, 2021
Linn Parish
Inland Northwest employers regained the jobs they shed during the pandemic-induced recession and are likely to build upon those gains in 2022, Spokane economists say. The Spokane-Spokane Valley metropolitan area had 260,000 jobs in October, the most
Read More
Erica Bullock

Busy construction season projected for new year

Scarcity of some materials, workforce challenges could slow activity, observers say
December 16, 2021
Erica Bullock
The commercial construction sector had a strong start in 2021, and the 2022 construction season will bring continued growth of warehouses, manufacturing, and distribution centers, industry observers here say. Cheryl Stewart, executive director of the
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Spokane's apprentice standards to hinder contractors, some say

Issue is further complicated by slow approval process at state level, according to building group reps
December 16, 2021
Erica Bullock
New standards recently approved by the Spokane City Council meant to increase the use of apprentices will make it difficult for many contractors already dealing with labor shortages to participate in city projects, construction trade association represent
Read More

Shelter for young adults to open near SCC

Facility will serve people 18 to 24 years of age
December 2, 2021
Karina Elias
A new shelter operated by Volunteers of America Eastern Washington & North Idaho is intended to fill the gap in services for young adults between the ages of 18 to 24 experiencing homelessness. As the Journal went to press, the Young Adult Shelter was
Read More
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