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Real Estate & Construction

270-lot project planned in Liberty Lake

Mixed residential site plans call for 350 units
December 17, 2020
Virginia Thomas
A 60-acre site just north of Mission Avenue in Liberty Lake is envisioned as the future home of a new mixed residential development, according to documents filed with the city's planning and building services division. A notice of application shows the
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Natasha Nellis

Gains expected in much of Inland Northwest

Industrial development, single-family home sales are top performers in '20
December 17, 2020
Natasha Nellis
Real estate in Spokane stayed surprisingly strong in most sectors through the pandemic, say industry observers here, with home sales and commercial real estate investment, particularly in industrial space, seeing strong growth. Rob Higgins, executive
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Natasha Nellis

Construction activity likely to be strong in 2021

Labor, supply shortages kneecap builders' efforts to meet high demand
December 17, 2020
Natasha Nellis
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
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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
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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.
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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.
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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.
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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.
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ALSC ARCHITECTS PS

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.
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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.
Read More
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