Real Estate & Construction

Don't become 'house poor' in overheated market

Some seeking to purchase homes might best wait for market to cool down

January 27, 2022

Real estate has been a hot asset class this past year since the demand is more significant than supply. Prices have been going up, up, up. With interest rates still low and lending so easy, it has helped to fuel this hot real estate market.

Housing affordability becomes greater concern in rising mortgage rate environment

Climbing costs might not have immediate impact on residential market

January 27, 2022

Erica Bullock

Some real estate professionals here say anticipated increases in mortgage interest rates this year could price median-income homebuyers out of the market, while others say they don't anticipate immediate widespread disruption in the current market.

Liberty Mutual to reduce Inland Northwest footprint in work-from-home shift

Work-from-home shift prompts insurer to shed 100K-plus square feet

January 27, 2022

Erica Bullock

Liberty Mutual Insurance Co. plans to shed more than 100,000 square feet of office space in Liberty Lake this year as a portion of the company's 1,150-person workforce here shifts to working from home permanently.

Greenstone envisions Liberty Lake town center

Mixed-use, walkable district to have up to 20 buildings

January 27, 2022

Erica Bullock

Greenstone Corp. is developing a new mixed-use town center called the NoLL, with its first building to be open fully as soon as next month in the River District.

Liberty Lake's golf course clubhouse to be replaced

New facility envisioned to be community center

January 13, 2022

Karina Elias

The city of Liberty Lake's capital facilities plan has committed $8.4 million to upgrade the city's 55-acre Trailhead Golf Course, located at 1102 N. Liberty Lake Road, next to City Hall.

Kootenai Health expands heart center on main campus

Three-story addition expected to be ready to open by July 2023

January 13, 2022

Erica Bullock

Kootenai Health has started construction of a $37.3 million heart center expansion on its main hospital campus in Coeur d'Alene. The heart center will grow to 13 operating rooms from 11 and expand to five procedure rooms from three to meet the needs

New housing action plan touted by Spokane real estate professionals

Heeding recommendations said key to adding diverse homeownership options

January 13, 2022

Erica Bullock

A new housing action plan commissioned by the Spokane Association of Realtors details how local governments could increase housing density, implement zoning action and changes, and provide incentives to builders and developers in order to increase the

Whatever Happened With: The U District High-Rise Project

Old muffler shop to be demolished, but no construction plans are on file

January 13, 2022

Mike McLean

An old muffler shop on the high-traffic corner of Spokane Falls Boulevard and Division Street is to be demolished, but the high-rise apartment building once planned for that site doesn't appear to be imminent.

Fire department plans new boathouse at north end of Lake Coeur d'Alene

Construction timeline said dependent on supply chain, but could start in March

January 13, 2022

Virginia Thomas

The Coeur d'Alene Fire Department is building a boathouse for its fire boat at the foot of Tubbs Hill. Fire Chief Kenny Gabriel says the project will cost about $450,000.

Spokane International Airport moves forward with TREX terminal expansion project

Pre-development plan filed with city; work could begin in summer

January 13, 2022

Virginia Thomas

Plans are progressing at the Spokane International Airport on an upgrade and expansion to one of the airport's terminals, as well as construction of a warehouse near the airport.