Erica Bullock

$35 multifamily complex proposed on North Side

Apartments planned south of Magnesium Village

November 22, 2023

A $35 million, 204-unit apartment complex is in an early planning stage for a site south of Magnesium Road in north Spokane.

Around Town

November 22, 2023

Erica Bullock

Real estate transactions and other business moves in the Inland Northwest

Goodwill closes its Cd’A outlet for remodel

Store employees to be shuttled to Post Falls outlet during project

November 22, 2023

Erica Bullock

Goodwill Industries of the Inland Northwest is remodeling its Coeur d’Alene store to improve energy efficiency, update delivery and drop off sites, and renovate office space for the nonprofit’s workforce services program.

Utah developer envisions rental complex in Spokane Valley

Centennial Lofts construction could begin next year

November 22, 2023

Erica Bullock

Fortune Design & Development LLC is seeking environmental approval for a proposed five-story, 259-unit apartment project at a vacant 5.5-acre site in Spokane Valley.

The need for Mead: Over $1 billion in developments planned

Envisioned developments could transform wide swath of north Spokane County

November 22, 2023

Erica Bullock

Over $1 billion worth of residential and commercial developments are planned in the Mead area, in north Spokane County, as developers expand their focus from residential subdivision projects to a mix of both residential and commercial development.

Mixed-use building to rise at Appleway Quarter

Commercial units to be completed next summer; residential units slated to be finished in late ’24

November 9, 2023

Erica Bullock

A 24-unit mixed-use building under construction at 295 E. Appleway, in Coeur d’Alene, will be the final project to round out the Appleway Quarter development.

Credit union memberships grow in Spokane County

High interest rates, new branches, auto loans contribute to increase

November 9, 2023

Erica Bullock

Most credit unions in the Spokane area are reporting growing membership totals year-over-year, and some financial leaders here say they expect to see the trend continue into 2024.

West Side company acquires K&N Electric

Schmidlkofer family to remain involved in longtime motor repair company

November 9, 2023

Erica Bullock

Spokane Valley-based K&N Electric Motors Inc. has been acquired by Bellevue, Washington-based Impel Co.

Credit challenges rise; standards don’t necessarily change in tightening environment

Interest, inflation raise costs, reduce margins

November 9, 2023

Erica Bullock

Lenders in Spokane say several economic factors have made it increasingly more expensive for borrowers when trying to obtain a loan, including high inflation, high interest rates, and an erosion of COVID-era stimulus funds that allowed many to save, pay off loans, and invest.

Historic buildings face hurdles for energy-law compliance

Some older structures may qualify for exemptions under Commerce’s rules

November 9, 2023

Erica Bullock

Historic building owners may find there are additional challenges to meet Washington state’s upcoming energy-performance standards that nonhistorical building owners won’t have to contend with.