Real Estate & Construction

City construction permit value up 47.6% in 2024

Rise in single-family homes offsets decline in new multifamily units

February 14, 2025

Building permits issued by the city of Spokane for 2024 had a total construction value of $769 million, up 47.6% compared with a total value of $520.9 million in 2023.

Hillyard PDA plans $12.5M mixed-use project

Workforce housing, child care facility envisioned

February 13, 2025

Karina Elias

The Northeast Public Development Authority plans to break ground on a $12.5 million mixed-use building later this year.

Historic Glover Mansion changes hands

Tacoma-based law firm to occupy upper levels of 137-year-old building

February 13, 2025

Mike McLean

The historic Glover Mansion has been acquired by an entity that plans to convert a portion of it into offices for a Tacoma, Washington-based law firm.

Sunshine Health Facilities to expand assisted living in Valley

Groundwork is underway for $14M, 63-unit facility

February 13, 2025

Erica Bullock

Sunshine Health Facilities Inc. is expanding with the development of a new 63-unit assisted-living facility, dubbed Sunshine on Raymond, to help meet a growing need for residential assisted care in the community.

City leaders propose removal of building height limits downtown

Proposed ordinance aims to spur housing construction, economic development

February 12, 2025

Journal of Business Staff

Spokane Mayor Lisa Brown and members of the City Council have proposed an interim zoning ordinance that would eliminate building height limits in and around downtown.

Spokane home sales activity starts 2025 on upswing

Median home price rises slightly as inventory grows

February 5, 2025

Journal of Business Staff

Spokane-area home sales started out 2025 with 319 single-family homes sold in January, up nearly 12% compared with the year-earlier month.

David Evans & Associates acquires Portland-area firm

Engineering consulting company has presence in Spokane, Coeur d'Alene

February 4, 2025

Journal of Business Staff

Portland, Oregon-based engineering consulting firm David Evans & Associates Inc. has acquired electrical and systems engineering firm Elcon Associates Inc., also of Portland.

Development group buys North Spokane retail property

Rite Aid, Burlington Coat Factory buildings included in transaction

February 3, 2025

Journal of Business Staff

The Franklin Park Shopping Center property that holds the former Burlington Coat Factory building and the neighboring Rite Aid store was sold for $10.2 million last month.

Two Spokane County housing projects receive grants

State funding will go toward development of 1,800 affordable units across 10 counties

January 31, 2025

Journal of Business Staff

Gov. Bob Ferguson and the Washington State Department of Commerce announced $14.6 million in grants to support housing projects that will create more than 1,800 affordable units in 10 counties, including for two projects in Spokane County.