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Real Estate & Construction

Fourth Avenue Capital adds Valley complex to portfolio

Improvements eyed at Village on Broadway following acquisition
July 17, 2025
Erica Bullock

Real estate investment company Fourth Avenue Capital has acquired the Village on Broadway apartment complex, a 148-unit Class B workforce housing community located at 12623 E. Broadway, in Spokane Valley.



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MultiCare starts work on inpatient behavioral health unit

Clinic to be located on sixth floor of Deaconess
July 17, 2025
Dylan Harris

The interior demolition phase has started for a 24-bed inpatient behavioral health unit at MultiCare Deaconess Hospital.


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South Hill real estate firm affiliates with RE/MAX

Citibrokers brokerage expects move to help it grow
July 17, 2025
Tina Sulzle
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Veterinary hospital to be built in Post Falls

Medical center to include exam, surgery rooms, small dog kennel area
July 17, 2025
Karina Elias

A commercial veterinary hospital dubbed One Love Animal Hospital is being planned in Post Falls to the tune of $1.1 million.



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Northwest Christian Schools to expand its high school

College level science lab, spaces to learn skills in trade occupations
July 17, 2025
Karina Elias

Northwest Christian Schools, Inc., plans to break ground on a $3.25 million expansion of its Colbert-based secondary school this summer


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Upriver Dam facility set for remodel

117-year-old building will get new offices, cosmetic upgrades
July 17, 2025
Tina Sulzle

The historic, 117-year-old Spokane Upriver Dam & Facility building is getting a new interior update.


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Pinecroft breaks ground on $12 million building

F5 to consolidate Liberty Lake offices
July 17, 2025
Tina Sulzle

Pinecroft LLC, developer of the Pinecroft Business Park in Spokane Valley, started construction in June on a $12 million office building that will be occupied by Seattle-based F5 Inc., a tech company that specializes in application security and multi-cloud management.


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Oncology lodging project moves closer to being realized

Cancer Can't envisions self-sustaining hotel model for cancer patients
July 17, 2025
Karina Elias

Cancer Can’t is moving forward with plans to construct a 20-unit lodging facility for adult cancer patients who need to travel to Spokane for oncology treatment. 


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Real estate and construction news briefs: July 17

July 17, 2025
Journal of Business Staff
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Construction begins on new, 100-resident senior complex in Cd'A

Hemmingson Senior Living at The Trails expected to open in 2027
July 17, 2025
Erica Bullock

An experienced nursing home and residential care administrator has teamed up with business magnate and philanthropist John Hemmingson, chairman at Lakeside Cos., as co-founders of a new 100-bed residential community for older adults in Coeur d'Alene, dubbed Hemmingson Senior Living at The Trails.


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