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Real Estate & Construction

Community center plans move to Browne's Addition

Part of Lutheran church to be remodeled for youth programs
January 16, 2014
Mike McLean
The Peaceful Valley Community Center plans to move to the lower level of All Saints Lutheran Church, in the Browne's Addition neighborhood, following a reno-vation project there, says church pastor Alan Eschenbacher. The construction cost for the proje
Read More

Four more structures slated near Target store

Dave Black Properties to develop retail buildings at Regal Plaza
January 16, 2014
Mike McLean
The city of Spokane has issued commercial building permits at the Regal Plaza shopping center development for four new structures, in addition to the big Target store project under construction there. Dave Black Properties LLC, of Spokane, is developing
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—Mike McLean

More apartments to rise at Riverstone

Two complexes will have 152 units, $13 million total value
January 16, 2014
Mike McLean
Hayden developer Whitewater Creek Inc. has obtained permits to build two apartment complexes, with 152 living units combined and a total construction valuation of $13 million, in the Riverstone mixed-use community in northwest Coeur d'Alene, city record
Read More
Greenstone Commercial

Three new eateries are being built in Kendall Yards

Restaurants to be clustered on main boulevard
January 16, 2014
Mike McLean
Affiliates of Liberty Lake-based real estate development company Greenstone Corp. are erecting three restaurant buildings with a combined construction valuation of $1.2 million in the Kendall Yards urban village development northwest of downtown Spokane.
Read More

Foreclosures climbed in Spokane County last year

County tallies record defaults despite gains in home sales
January 16, 2014
Mike McLean
Foreclosure actions completed in Spokane County swelled to a record level in 2013 following a four-year low in 2012, despite other indicators of improving real estate market trends. Last year, the Spokane County Auditor's Office recorded 1,211 foreclos
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—Staff photo by Treva Lind

Inland Northwest timber industry expects steady recovery in coming year

-
December 19, 2013
Treva Lind
The wood products sector is expecting continued, steady improvement next year, largely due to anticipated ongoing recovery in the U.S. housing market, industry observers say. Shawn Church, editor of Eugene, Ore.-based Random Lengths, a publication that t
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—Staff photo by Mike McLean

Spokane-area builders optimistic about sustained growth

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December 19, 2013
Mike McLean
Following an upswing in building activity here in 2013, some construction industry observers are optimistic that forward momentum will carry through the coming year. Jan Quintrall, director of business and development services for the city of Spokane, sa
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Spokane-area real estate comeback is expected to stay on track for third year

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December 19, 2013
Mike McLean
In one of the brighter real estate sectors, Spokane-area residential sales improved for the second consecutive year in 2013, and Ken Lewis, owner of Spokane Valley-based Prudential Spokane Real Estate, says he expects the spring of 2014 to be the best spr
Read More

Inland Northwest economy continues to make positive strides

While some industries face challenges, others report return to prerecession levels
December 19, 2013
Linn Parish
In some sectors of the Inland Northwest economy, activity levels are returning to prerecession levels, welcome news that comes none too soon for economic observers. In overall employment, Spokane-area economists are expecting job growth next year, though
Read More

Choice Realty office moves to North Side

Market rebound drives agency's need for larger quarters, broker says
December 19, 2013
Mike McLean
Choice Plus Realty LLC has moved to Spokane's North Side from a smaller location downtown, says Ron McIntire, the agency's designated broker and co-owner. Choice Realty now occupies 1,200 square feet of leased space in a one-story office development
Read More
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