Real Estate & Construction

Construction activity likely to be strong in 2021

Labor, supply shortages kneecap builders' efforts to meet high demand

December 17, 2020

The 2020 construction season got off to a slow start because of pandemic-induced restrictions. Overall, though, industry observers here say the season finished better than expected, and 2021 is expected to even better. About $30 million in public work

Bellingham investor acquires portion of Village at Riverstone

Purchase includes 93K square feet in three buildings

December 10, 2020

Natasha Nellis

A Bellingham, Washington-based real estate investment company has bought the 93,000-square-foot commercial portion of the mixed-use Village at Riverstone, in Coeur d'Alene. The company, All Terr LLC, purchased the property from Coeur d'Alene-based Id

PotlatchDeltic finalizes $48 million land sale

Company sells 74K acres in Minnesota to conservation group

December 3, 2020

Kevin Blocker

Spokane-based PotlatchDeltic Corp. has completed the sale of more than 74,000 acres of forestland in central and northern Minnesota. The Conservation Fund purchased the land for almost $48 million, according to a PotlatchDeltic press release.

Spokane City Council passes tax to finance affordable housing

Collection to begin July unless alternative found

December 3, 2020

Virginia Thomas

Spokane City Council has approved a measure that will impose a 0.1% sales and use tax, the revenue from which will be dedicated to providing more affordable housing within the city.

Downtown Days Inn building to be renovated

Company plans to convert motel into apartment units

December 3, 2020

Natasha Nellis

The former Days Inn motel in downtown Spokane has been purchased by an Oregon-based development team that plans to convert its guest rooms into apartments, according to planning documents on file with the city of Spokane.

Auto Nation plans new dealership building in Spokane Valley

Building permits issued for $5.7M renovation

December 3, 2020

Natasha Nellis

Florida-based AutoNation is planning a new car dealership and showroom in Spokane Valley, building permit documents on file with the city of Spokane Valley show.

Two Spokane medical clinics plan expansions, with more to come

CHAS expects to renovate, expand most of its clinics

December 3, 2020

Natasha Nellis

Two Spokane-area health care providers-Community Health Association of Spokane and MultiCare Rockwood Clinic-are expanding spaces to increase patient capacity and services, say project representatives.

Rapid expansion envisioned at Deer Park Business & Industrial Center

New manufacturing space totaling 100K square feet planned in next five years

December 3, 2020

Natasha Nellis

The Deer Park Business & Industrial Center is on track to more than double its developed space within the next three years, and further growth is envisioned within five years.

Kalispels to expand Northern Quest

New hotel to give casino resort total of 440 guest rooms

November 23, 2020

Mike McLean

The Kalispel Tribe plans to expand its Northern Quest Resort & Casino, in Airway Heights, with a new hotel building. The tribe expects to break ground on the new project in March and complete it in early 2023.

Strategy proposed to expand housing inventory

Concepts aim to promote attainable homeownership

November 19, 2020

Tom Clark

The Spokane Association of Realtors this month released two statistics that both excite me and concern me. Spokane County's median closing price in October this year was $320,000. In October last year, that number was $265,000. This is a 20.8% increase