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Real Estate & Construction

—Mike McLean

Apartments abound in Spokane market

Multifamily housing market projected to stay strong
June 2, 2016
Mike McLean
Even as hundreds of new apartments are set to come online, vacancy rates remain low, and rents are edging upward, meaning development of rental housing isn't likely to slow down any time soon, some professionals involved in the construction industry say
Read More

Garco ramps up two projects worth $16 million total

Company chosen to build Amtrak station in Tacoma
June 2, 2016
LeAnn Bjerken
Garco Construction Inc., of Spokane, has begun work on two construction projects totaling about $16 million, one here in Spokane and the other in Tacoma. The first, which began in April, involves the $5.9 million construction of a combined sewer overflo
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—ALSC Architects PS

Spokane Transit Authority starts $5 million bus plaza renovation in core

Walker expected to finish two-phase project in '17
June 2, 2016
LeAnn Bjerken
The Spokane Transit Authority's downtown bus plaza is in the midst of a two-phase remodeling project that began in May and is expected to be completed in the summer of 2017. The project is estimated to cost almost $5 million, including design, enginee
Read More
—Kevin Blocker

Teaching the 'real secrets' of real estate investing

Industry veteran here uses book to share knowledge
June 2, 2016
Though it débuted three years ago, Jeff K. Johnson's self-published book, 'Cash Flow Forever – The Real Secrets of Real Estate Investing” has been garnering noteworthy attention just in the last year or so. Much of that, says the 61-year-old pre
Read More
-Kevin Blocker

Larry H. Miller set to develop Honda dealership in downtown Spokane

Company submits plans for building along Third
June 2, 2016
As the Larry H. Miller Dealerships chain continues to expand its sales and service facilities here, a real estate affiliate submitted a pre-development application to the city of Spokane for a proposed new building on west Third Avenue for its Honda deale
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—Mike McLean

Post Falls Medical Boom

Health care sector provides community hundreds of jobs
June 2, 2016
Mike McLean
Post Falls, once considered a bedroom community to both Spokane and Coeur d'Alene, has become home to a vibrant medical district that's brought hundreds of health care jobs to the River City. The growth in medical and health services and facilities i
Read More

YMCA opts to pursue development of South Hill

CEO says next step is capital funds campaign
June 2, 2016
LeAnn Bjerken
The YMCA of the Inland Northwest has decided to move forward with further investigation into developing a new facility on Spokane's South Hill. The idea for a South Hill facility came about last month, as a result of a market research study conducted
Read More
-

Chronicle Building apartments planned

32 living units to be created on floors third through six
June 2, 2016
Kim Crompton
A real estate subsidiary of Cowles Co., of Spokane, plans to convert four floors of the Chronicle Building at 926 W. Sprague downtown into apartments and hopes to have them all completed and ready for occupancy by February. Doug Yost, director of real es
Read More

Meridian to build City Hall in Valley

$10.6 million contract awarded for construction
May 19, 2016
Mike McLean
The city of Spokane Valley has awarded a $10.6 million construction contract for its planned City Hall to Meridian Construction Inc., of Spokane Valley. Meridian had submitted the lowest bid to erect the 65,200-square-foot facility, which will include th
Read More

Moses Lake company buys two complexes on Spokane's North Side

$17.9 million transaction includes 300 apartments
May 19, 2016
Mike McLean
Moses Lake-based real estate investment company 5D Holdings LLC has bought for $17.9 million two apartment complexes with a total of 300 living units on Spokane's North Side. The complexes are the Serrano Apartments, located at 121 E. Wedgewood, and th
Read More
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