Real Estate & Construction

Fairchild Air Force Base plans to build $10 million dormitory

Building set to house SERE course students

February 15, 2018

Fairchild Air Force Base is in the design phase of a planned three-story, 79,400-square-foot dormitory to be used by students of the Survival, Evasion, Resistance, and Escape course. Plans for the building include 150 double-occupancy, dorm-style rooms,

Vinegar Flats Public Market project re-envisioned

Developer scales back from plan proposed two years ago

February 15, 2018

The developer of a newly proposed five-story, $4.5 million mixed-use building on the lower South Hill has revised original outlined plans first submitted to the city of Spokane a little more than two years ago. The development, named the Vinegar Flats Pu

EWU commits to envisioned Catalyst Building

150K-square-foot building scheduled for 2020 opening

February 6, 2018

Eastern Washington University President Mary Cullinan said this morning that the university plans to move three academic departments to the $50 million, Avista Development-proposed Catalyst Building, in Spokane's University District. Construction o

Vandervert Construction placed in receivership

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February 5, 2018

Mike McLean

Prominent Spokane-based general contractor Vandervert Construction Inc. is facing a financial crisis, and control of the company has been placed under receivership. Spokane-based law firm Davidson, Backman, Medeiros PLLC was appointed to serve as the g

Homes sales rise; foreclosures plummet in Spokane

After increasing last year, defaults hit 10-year low

February 1, 2018

Spokane-area single-family home purchases are expected to surpass the record reached in 2005, three years before the start of the Great Recession, says Rob Higgins, executive vice president of the Spokane Association of Realtors. Last year, 8,137 single-

The Need For LEED

Demand for sustainable certification wanes

February 1, 2018

LeAnn Bjerken

The popularity of LEED certification programs has diminished in recent years as building and energy codes have strengthened, some Spokane-area engineers and architects say. LEED, short for Leadership in Energy & Environmental Design, is a certification p

The Post Falls Factory Stores, which had two tenants late last year, is expected to be up to 70 percent full this spring.

Old Factory Outlets spaces to fill up in Post Falls

Large amounts of space absorbed in buildings that had been mostly vacant

February 1, 2018

Samantha Peone

The former Post Falls Factory Outlets complex and the neighboring Post Falls Factory Stores building, both of which have been mostly vacant for roughly a decade, will be mostly occupied by the end of the year, current owners say. 'I think it's going

Spokane-area building permit volume breaks record

Valuations top $1.1 billion; city sees biggest increase

February 1, 2018

Samantha Peone

Building permit values for Spokane County, the city of Spokane, and the city of Spokane Valley's combined hit $1.13 billion in 2017, a record high, records indicate. That's greater than the previous record from 2013, which totaled $1.03 billion.

Two commercial real estate agents open new brokerage in Spokane

Former NAI Black agents establish LT Real Estate

February 1, 2018

Samantha Peone

Spokane commercial real estate brokers Dallas Lightner and Ryan Towner have opened a new brokerage on Spokane's North Side, Lightner says. The new company, LT Real Estate LLC, occupies a 1,700-square-foot building at 2614 N. Monroe. The agency speciali

126-unit apartment complex slated for Spokane Valley

$9.3 million in permits issued for development

February 1, 2018

Samantha Peone

A 126-unit apartment complex with a construction value of $9.3 million is slated for 16511 E. Sprague, in Spokane Valley, says Del Stratton, project manager with Douglass Properties. Wyatt Architects & Associates PLLC, of Spokane Valley, is the architect