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Real Estate & Construction

­—Katerra Inc.

Wolff, Katerra combo to be prolific

Third-generation leader says 'few thousand' apartment units planned in the INW
July 19, 2018
Virginia Thomas
In his dual role, Spokane's Fritz Wolff could become a significant factor in addressing the Spokane area's housing shortage. Wolff is the son of Alvin J. 'Fritz” Wolff Jr. and a third-generation leader in the family's business. He serves as exe
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Worthy Hotels acquires Hotel RL Spokane at the Park

Property renamed Centennial Hotel Spokane
July 17, 2018
Mike McLean
Worthy Hotels Inc., the Spokane-based parent company of four prominent downtown hotels, has bought the Hotel RL Spokane at the Park, near downtown Spokane. The hotel, located on 7 acres of land on the north bank of the Spokane River, at 303 W. North Ri
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—Mt. Spokane 2000

Mt. Spokane Ski & Snowboard Park to erect new chairlift

Long-disputed 279-acre project to include seven new runs, tubing conveyer
July 5, 2018
Virginia Thomas
After years of legal battles, a $4.1 million project that includes a new chairlift, seven additional runs, and a conveyor for a tubing hill will be operational at Mt. Spokane Ski & Snowboard Park this winter, park manager Brad McQuarrie says. 'It's b
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Post Falls storage facility expands

Roughly $1 million project expected to wrap up by fall
July 5, 2018
Samantha Peone
Construction is underway on an expansion at Seltice Mini Storage Inc., where the number of units will jump to about 380 from 227, says complex owner Troy Mullenix. The total project cost will be close to $1 million, he says. Located at 2425 W. Seltice
Read More
-

WSDOT, STA adapt transportation projects for Project Rose

Presumed Amazon facility influencing designs, advancing work timelines
July 5, 2018
LeAnn Bjerken
Plans for a presumed Amazon.com Inc. distribution center on the West Plains, currently known as Project Rose Fulfillment Center, are impacting scheduled transportation projects in the works by both the Washington state Department of Transportation and Spo
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Around Town

Real Estate Transactions and Other Business Moves in the Inland Northwest
July 5, 2018
Staff Report
Self-storage company More Space Spokane LLC, of Spokane, has purchased a roughly 500-unit, 114,000-square-foot storage facility in a building at 104 S. Division. Casey Brazil and Chris Schrieber, both of Kiemle Hagood, handled the transaction. Northwest
Read More
—Virginia Thomas

HELOCs grow in popularity in the Spokane area

Increases in home values arouse more demand for credit in the INW
June 21, 2018
Virginia Thomas
Some lending and real estate experts here say that Spokane-area homeowners are pursuing home equity lines of credit, or HELOCs, at rates that mirror the flourishing housing market. 'I think definitely over the past 12 months, the HELOC product has beco
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-

Around Town

Real Estate Transactions and Other Business Moves in the Inland Northwest
June 21, 2018
Staff Report
Home improvement company Spokane Stone Creations LLC has leased a 1,500-square-foot bay in the multitenant facility at 3707 E. Decatur for the company's first commercial location. Doug Byrd and Cassandra Becker, of Byrd Real Estate Group LLC, handled th
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New medical office building rises at Riverstone

Eye clinic to move to $1.5M structure early next month
June 21, 2018
Samantha Peone
Construction is wrapping up on a single-story medical office building with a project value of $1.5 million in the Riverstone Development in northwest Coeur d'Alene, says Dr. Wayne Ellenbecker, an optometrist. Ellenbecker and his wife, Dr. Cindy Ellenbe
Read More
—ZBA Architecture PS

$11 million advanced care center planned in Newport

Assisted-living facility to have total of 54 patient beds, memory care unit
June 21, 2018
Samantha Peone
Following a $10 million bond approval in April 2016, Pend Oreille County Public Hospital District No. 1, which operates Newport Hospital & Health Services, has begun laying concrete for its new $11.1 million River Mountain Village Advanced Care assisted-l
Read More
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