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Real Estate & Construction

Around Town

Real Estate Transactions and Other Business Moves in the Inland Northwest
June 18, 2020
Staff Report
Liberty Lake-based BSBS LLC has purchased as investments the 64-unit Brookstone apartment complex, at 2405 E. Upriver Drive, in East Spokane, and the 18-unit Brookside apartment complex, at 13129 E. Valleyway, in Spokane Valley.
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Spokane bankers frustrated by sluggish guidance on PPP

Flexibility Act causes more confusion than clarity for some aspects of program
June 18, 2020
Virginia Thomas
Inland Northwest bankers say they're frustrated by a lack of federal guidance regarding particulars of the Paycheck Protection Program. Some say they and their customers are confused about some aspects of the program.
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SCC building is being expanded, renovated

Project intended to create new space for college's fire sciences program
June 4, 2020
Kevin Blocker
Construction crews have started work on a $1.7 million expansion and renovation of a building on the Spokane Community College campus, in East Spokane.
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New apartment, townhome projects to create 154 units

Spokane Valley complex valued at $17.4 million
June 4, 2020
Virginia Thomas
Three residential projects with a total of 154 living units are in the works-two on Spokane's South Hill and one in Spokane Valley. Building permit information for The Monika Apartments, at 16618 E. Broadway, in Spokane Valley, shows that six buildin
Read More

Puget Sound Pipe & Supply to build West Plains operation

Company looks to expand access to Idaho, Montana
June 4, 2020
Natasha Nellis
Kent, Washington-based pipe valve and fitting manufacturer and retailer Puget Sound Pipe & Supply Co. plans to build a new, roughly 20,000-square-foot warehouse and office building on the West Plains to better serve customers in Eastern Washington, Idaho,
Read More
Kevin Blocker

Women-owned Cd'A contractor grows with federal work

Design-build firm takes jobs in 13 western states
June 4, 2020
Kevin Blocker
Not even the COVID-19 pandemic has been able to blunt the tide of growth the design-build construction company Verdis is experiencing. Since becoming a member of the Small Business Administration's 8(a) Business Development Program in 2016, Verdis has
Read More

McKinstry plans new West Plains fabrication facility

$5M industrial project will be built using CLT
June 4, 2020
Virginia Thomas
Seattle-based McKinstry Co. is in the process of buying undeveloped land north of Spokane International Airport, where it intends to build a $5 million fabrication facility for its Spokane operations.
Read More

Spokane County extends valuation deadline

Staff will use more time to explore virus effect
June 4, 2020
Kevin Blocker
Pointing to the crushing effect COVID-19 may be having property values-especially commercial properties that have lost rental income-the Spokane County Assessor's Office says valuation notices to property owners won't occur until August this year.
Read More
Provided by Alex Rausch

Restaurants & Retail: Four Eyed Guys Brewing works to open next month

~
June 4, 2020
Kevin Blocker
Alex Rausch, and his wife, Hillary, say they're excited to see the calendar reach June. The couple, who founded Four Eyed Guys Brewing Co. in 2017, say they hope to begin remodeling this month for a planned tap house and brewery to be located
Read More

$46 million apartment complex eyed in Spokane Valley

Desmet Quarry project will include 304 units
June 4, 2020
Natasha Nellis
Prominent Spokane developer Lanzce Douglass has his sights set on his next big multifamily housing project, a $46 million apartment complex to be known as Desmet Quarry, in Spokane Valley.
Read More
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