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Real Estate & Construction

Light-industrial park to be developed in Post Falls

60-acre gravel pit to be redeveloped
January 14, 2016
Mike McLean
Bessie Lane Rentals LLC, a Spokane Valley real estate investment and development company, has bought 60 acres of land at 1101 N. Beck Road, in Post Falls, and plans to develop a light industrial park there, says John Conard, who co-owns the company. Cona
Read More

Large-lot neighborhood planned on South Hill

Total value of 67 homes would exceed $40 million
January 14, 2016
Mike McLean
An affiliate of Copper Basin Construction Inc., of Hayden, is planning an upscale neighborhood with 67 homesites on large view lots on Spokane's upper South Hill, says a real estate agent who's marketing the 10-lot first phase of the development.
Read More
—Greenstone Corp.

New Kendall Yards buildings proposed

Medical, mixed-use project values total $6.3 million
January 14, 2016
Mike McLean
An affiliate of Liberty Lake-based Greenstone Corp. has submitted predevelopment applications to the city of Spokane for two commercial buildings in the early planning stages at Kendall Yards. The structures have a total anticipated construction value of
Read More
—NAC|Archtecture

Spokane-area building permit activity bounces back

2015 topped prior year by 14 percent, but still below 2013 levels
January 14, 2016
Mike McLean
The total value of Spokane-area building permits bumped upward in 2015 compared with a year earlier, although falling short of the record high total permit valuation of 2013.
Read More
—Hurtado|Hissong Design Group

Developers to start $12 million Vinegar Flats Public Market project this year

Mixed-use building slated along south side of I-90
January 14, 2016
The developers for a proposed seven-story, $12 million mixed-use building that would be located on the lower South Hill intend to break ground this year.
Read More

Foreclosure actions dip, approach prerecession norms

Trend tied to job growth, health of housing market
January 14, 2016
Mike McLean
Foreclosure actions completed in Spokane County in 2015 dropped by 27 percent compared with the number of foreclosures in 2014, finally falling out of the historically high range, says Phil Kuharski, a longtime Spokane economic data analyst.
Read More

Costco to move north Spokane store

Warehouse club move will shift coveted tax revenue
January 14, 2016
Mike McLean
Costco Wholesale Corp. plans to leave the city and move its busy north Spokane store a few miles north into an unincorporated area of the county.
Read More

Carhartt to open store downtown

Workwear apparel company to anchor Bennett Block
January 12, 2016
Journal of Business Staff
Hieber Properties, the Spokane-based development company that's renovating the historic Bennett Block in downtown Spokane, says it has signed Carhartt Inc., the Dearborn, Mich.-based maker of durable workwear apparel, as the anchor tenant for that prope
Read More

Kalispels take ownership of former Spokane Country Club property

Tribe invests $3 million, plans number of upgrades
December 17, 2015
The Kalispel Tribe of Indians has completed its $3 million purchase of the former Spokane Country Club and has changed the club's name to the Kalispel Golf & Country Club. Depending on the weather, the golf course is scheduled to open between the midd
Read More

Jefferson-Norman project to feature high-end condos

Prime Real Estate Group marketing development
December 17, 2015
Mike McLean
Prime Real Estate Group, of Spokane, is marketing eight upscale residential condominiums that are under renovation in the Jefferson and Norman buildings downtown, says Melissa Murphy, owner and managing broker at the real estate company. Yellow Door Prop
Read More
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