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Real Estate & Construction

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Around Town: Aug. 27

August 27, 2026
Haylee Simpson
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Solar work rises ahead of tax credit deadlines

One Big Beautiful Bill Act to eliminate key incentive for commercial projects
August 27, 2026
Ethan Pack

Solar and renewable energy system installations on commercial buildings in Spokane have increased since the One Big Beautiful Bill Act was passed in 2025, as building owners and businesses hurry to perform planned projects before a clean energy tax credit ends.




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Wildfires add to Fulcrum's growing workload

Environmental consulting firm looks to hire, expand with new satellite location
August 27, 2026
Karina Elias

As the focus shifts from containment to recovery in the aftermath of the Spokane Complex Fires, work for Fulcrum Environmental Consultants Inc. has picked up as the group of scientists makes its way around the city testing homes, schools, soil, and air for hazards people often can’t see. 



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Hazardous material teams sweep fire zones

EPA, regional companies provide removal work at no cost to property owners
August 27, 2026
Matt Stephens

The U.S. Environmental Protection Agency and local crews are continuing to work through properties destroyed by the Spokane Complex Fires, removing potentially dangerous household chemicals, lithium-ion batteries, and other hazardous materials before further cleanup can move forward.


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Habitat moves forward with 25-unit Valley project

Multifamily development named in honor of East Central community leader
August 27, 2026
Ethan Pack

Habitat for Humanity-Spokane has a new $8 million, 25-unit affordable housing development underway at 228 S. Carnahan Road in Spokane Valley.




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Loan Peak focuses on new construction homes

Cd'A's Lakeside Cos. pairs with Texas lender to launch Inland Northwest company
August 27, 2026
Matt Stephens

A new mortgage lender formed by Coeur d’Alene-based Lakeside Cos. and Plano, Texas-based Benchmark Mortgage will target new construction homebuyers in the Inland Northwest. 



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Staffing agency provides disaster relief workers

Demand for laborers expected to climb as rebuilding begins
August 27, 2026
Matt Stephens

An Inland Northwest staffing agency has deployed dozens of workers to help with wildfire recovery efforts, as the recent Spokane Complex Fires have driven up demand for demolition and cleanup laborers.



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EWU pushes forward with green energy plans

School's sustainability path includes solar array, carbon reduction, geothermal heat
August 27, 2026
Matt Stephens

Eastern Washington University is accelerating its sustainability efforts with a roadmap of projects including the implementation of a solar array, geothermal heating and cooling, carbon capturing, and a microturbine that uses existing steam production to create electricity.



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Guest commentary:

Real estate market expectations after wildfires

Recovery to include strong competition, challenges due to insurance, permits, costs
August 27, 2026
Lee McIntyre

Spokane’s tight real estate market is about to get even tighter. After years of underbuilding, the Spokane area fires destroyed 719 homes, a record for fire damage in Washington state. 


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Is Spokane's apartment market overbuilt?

Overall vacancy is above 8%, but some buildings sit at 30%
August 27, 2026
Eric Peterson

The apartment vacancy rate is above 8% in the Spokane area, but this percentage doesn't capture the actual experience of many multifamily property owners. In reality, the market is split here: some buildings are completely full, while others are struggling with higher vacancy. 


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