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Real Estate & Construction

Mike McLean

What's Happening At: The Falls project

Higher expectations may be in store at envisioned complex north of downtown
February 10, 2022
Mike McLean
It's been well over four years since the Journal broke the story about The Falls, a high-rise development planned at the former YWCA site near the Spokane River, and recent activity logged in planning documents indicates the project remains active and
Read More

Real estate tech startup Auctionable to launch this spring

Company to offer online home auctions, instant buying options
February 10, 2022
Erica Bullock
Auctionable, a new real estate tech company based in Liberty Lake, plans to launch this spring in the Spokane, Coeur d'Alene, and Boise markets, says Todd Sullivan, an Inland Northwest homebuilder and cofounder of the startup. Sullivan says the
Read More
Rebecca Caligan

YMCA buys land for South Hill fitness facility

Structure envisioned along Glenrose would cost $30M to $40M to build
February 3, 2022
Erica Bullock
YMCA of the Inland Northwest has purchased 15 acres of vacant land for $3.4 million in the Moran Prairie neighborhood on Spokane's South Hill, where the nonprofit plans to build a new fitness facility.
Read More

Don't become 'house poor' in overheated market

Some seeking to purchase homes might best wait for market to cool down
January 27, 2022
Sarah Carlson
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.
Read More

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.
Read More

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.
Read More
GREENSONE CORP.

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.
Read More

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.
Read More
NAC Architecture

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
Read More

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
Read More
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