Real estate experts and market observers here predict an impending economic downturn will have a winnowing effect on the industry's workforce, though Spokane's popularity as a target for in-migration could slow the effects of a downturn on the local
Commercial real estate industry experts in Spokane say that although a rise in commercial rent delinquencies is being reported across the country, Lilac City's small businesses have proven resilient, bucking national trends.
Mick McDowell, one of the most prolific Spokane developers of the last few decades, is down to one commercial holding that he's in no hurry to develop.
Koz Development LLC, a Snohomish, Washington-based real estate development company, is expanding into the Spokane market with plans for an apartment complex, dubbed Koz on West 4th Avenue, says Joshua Scott, co-founder and co-owner of Koz Development.
After 37 years serving as the executive vice president for the Spokane Association of Realtors, Rob Higgins, 74, has announced his retirement from the association, effective Sept. 30.
In Kendall Yards, three new commercial projects are under consideration in the last chunk of undeveloped land in the business district.
At present, just 25% of land within the 20-acre commercial district remains undeveloped, says Jim Frank
The lingering effects of the pandemic on downtown restaurants are continuing to weigh down the industry, as office-employee foot traffic has been slow to return to the city core, several restaurant owners and representatives here say.
Latah Creek Animal Hospital is building a new $1.4 million facility close to its current clinic.
According to commercial building permit information filed with the city of Spokane, Latah Creek Animal Hospital will be constructed at 4302 S. Cheney Spokane
Katherine Morgan began her duties as CEO of the Coeur d'Alene Association of Realtors the first week of August, taking over for Ali Taylor, who had been with the association for 23 years.
In her new role, Morgan, 38, will oversee a team of five people
Construction crews are preparing for the installation of a 182,560-square-foot concrete staging area for the Rail-Truck Transload Facility near the Spokane International Airport, says Todd Woodard, director of marketing and public affairs for the airport.