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Real Estate & Construction

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Machinists Institute plans $3.6M expansion

Increased training capacity to address skills gap, labor shortages
December 19, 2024
Erica Bullock

The Machinists Institute is expanding its Spokane training center with a $3.6 million tenant improvement project.


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Kootenai County faces opportunities, challenges

Shortages in workforce, attainable housing temper diverse economy
December 19, 2024
Mike McLean

Kootenai County has a lot of economic opportunities ahead, although it faces challenges of a tight labor supply and a need for attainable housing.



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Affordability issues to dampen real estate activity

Despite high costs, North Idaho commercial market shows promise
December 19, 2024
Erica Bullock

Real estate affordability has been a top concern in Spokane and Kootenai counties this year for both the commercial and residential markets, and high costs are expected to persist in the new year.


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Construction activity to stabilize at slower rate in 2025

North Spokane Corridor is under bidding pause
December 19, 2024
Erica Bullock

A burst of construction activity in the beginning of the year has given way to a development slowdown that's projected to stabilize at a slower rate in 2025.


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Credit union plans new admin building on North Monroe

New building to be constructed at site of shuttered eatery
December 5, 2024
Erica Bullock

Spokane City Credit Union plans to develop a 2,300-square-foot administrative building to be located southwest of its only branch location, at 1930 N. Monroe.


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Riverfront dog park to be built next year

Paw Park will be located on east end of Havermale Island
December 5, 2024
Dylan Harris

Construction of Spokane’s next dog park is expected to begin in mid-2025 and wrap up two to three months later.


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—Mike McLean

Clearwater Paper revamps downtown headquarters

Spokane-based paperboard manufacturer consolidates to meet company needs
December 5, 2024
Erica Bullock

Clearwater Paper Corp. is planning a $4 million tenant improvement project at the company's headquarters in the Bank of America business center at 601 W. Riverside, in downtown Spokane.


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Burlington Coat Factory to relocate North Side store

Over $1 million in tenant improvements envisioned at Franklin Park Commons
December 5, 2024
Erica Bullock

Kimco Realty Corp. is planning the interior renovation of a 22,800-square-foot vacant retail space, at 5630 N. Division, in the Franklin Park Commons shopping center on Spokane's North Side.


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Spokane-area apartment vacancy rate stabilizes

Multifamily vacancy holds steady this year, but affordability remains a concern
December 5, 2024
Erica Bullock

Spokane area apartment vacancy rates are returning to normal this year as multifamily construction projects wrap up and add new units to the housing supply, however affordability concerns are still straining the market, some market observers here say. 


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Heart Institute upgrades to help meet demand

Planned $42 million renovation project slated to begin next year
December 5, 2024
Dylan Harris

The need for cardiovascular care is growing, and the planned renovation of Providence Heart Institute is expected to help meet that demand.


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