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Real Estate & Construction

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Baker Construction announces leadership changes

Three execs promoted as Barry Baker pivots to post as company chair
December 30, 2024
Journal of Business Staff

Barry Baker, longtime president and CEO of prominent Spokane-based contracting company Baker Construction & Development Inc., has transitioned to the role of company chairman, triggering a series of leadership changes effective Wednesday, Jan. 1


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Garland Growth: Housing projects in historic district bring anticipation, anxiety over parking

Construction underway for housing projects that will include combined 104 living units
December 19, 2024
Dylan Harris

A pair of housing projects soon will turn the Garland District into a case study examining the effects of the city’s decision to remove minimum parking requirements for new developments.


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Thrive International envisions 48-unit project on North Side

Work to start by next spring on project valued at up to $9M
December 19, 2024
Karina Elias

Construction is expected to begin by early spring on a multifamily affordable housing project at 6980 N. Nevada.


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Rate of construction salary growth to slow in new year

Alternative compensation strategies reflect industry pressure
December 19, 2024
Erica Bullock

Construction industry wage growth is expected to grow at a rate greater than inflation, but at a slower rate than seen in previous years.



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Machinists Institute plans $3.6M expansion

Increased training capacity to address skills gap, labor shortages
December 19, 2024
Erica Bullock

The Machinists Institute is expanding its Spokane training center with a $3.6 million tenant improvement project.


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Kootenai County faces opportunities, challenges

Shortages in workforce, attainable housing temper diverse economy
December 19, 2024
Mike McLean

Kootenai County has a lot of economic opportunities ahead, although it faces challenges of a tight labor supply and a need for attainable housing.



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Affordability issues to dampen real estate activity

Despite high costs, North Idaho commercial market shows promise
December 19, 2024
Erica Bullock

Real estate affordability has been a top concern in Spokane and Kootenai counties this year for both the commercial and residential markets, and high costs are expected to persist in the new year.


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Construction activity to stabilize at slower rate in 2025

North Spokane Corridor is under bidding pause
December 19, 2024
Erica Bullock

A burst of construction activity in the beginning of the year has given way to a development slowdown that's projected to stabilize at a slower rate in 2025.


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Credit union plans new admin building on North Monroe

New building to be constructed at site of shuttered eatery
December 5, 2024
Erica Bullock

Spokane City Credit Union plans to develop a 2,300-square-foot administrative building to be located southwest of its only branch location, at 1930 N. Monroe.


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Riverfront dog park to be built next year

Paw Park will be located on east end of Havermale Island
December 5, 2024
Dylan Harris

Construction of Spokane’s next dog park is expected to begin in mid-2025 and wrap up two to three months later.


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