Spokane Journal of Business

Local News

Big apartment complex appears to be coming

A large, long-proposed apartment complex on Spokanes North Side, to be named Prairie Hills at Grayhawk, appears to be moving forward.The city of Spokane has issued building permits for seven of 10 apartment buildings planned in the first phase...

Metropolitan Mortgage posts $14.1 million loss

Metropolitan Mortgage & Securities Co., of Spokane, has reported a net loss of about $14.1 million for its second fiscal quarter ended March 31, down sharply from net income of about $455,000 for the year-earlier period. The loss was on revenues of...

Hollister-Stier could add second shift soon

Hollister-Stier Laboratories LLC, of Spokane, began a marketing blitz in January to promote its contract-manufacturing services, and the strategy appears to be working: The pharmaceutical makers contract sales are up more than 300 percent for the...

Aquatics center eyed for Valley

Spokane Regional Aquatics Center Inc., a new nonprofit corporation here, hopes to develop a $12 million-to-$15 million indoor swimming facility in the Spokane Valley.Jeff Eickerman, president of Spokane Regional Aquatics, says preliminary design...

Virginia concern buys Thermoguard Insulation

Thermoguard Insulation Co., of Spokane, has been bought by a big Richmond, Va., area-based insulation company called Service Partners LLC.Nat Bonanno, Thermoguards general manager here, says the Spokane operation will retain its name and its a...

Tax-increment financing interests developers here

Tax-increment financing wont become available in Washington state for another several weeks, but developers here already are looking into whether the city or county would use it in conjunction with their projects, which could be worth tens of of...

Avista increases target for energy conservation

Avista Utilities, of Spokane, has added greatly to its annual energy-conservation goal in the wake of the power-supply crunch and this years drought.For more than a decade, the companys customers have conserved enough power each year to save...

Coldwater taps more technology

Coldwater Creek Inc., of Sandpoint, is using a new tool it calls a webalog to further its aim of vigorously cross-promoting its three retail channelsits brick-and-mortar stores, its Web sites, and its vast catalog distributionso that they a...

Developers find more uses for new financing tool

More Spokane-area developers are looking into whether tax-increment financing could act as a catalyst for big-ticket projects theyve been considering.At least two elected officials here also hope to take advantage of the new tool for public he...

Plans start to gel for big clinic

Inland Orthopedic Institute PLLC, of Spokane, is moving forward with plans to develop an ambulatory surgery center downtown.Inland Orthopedic could join forces on the project with Premier Development Inc., of Spokane, says Randy Ramey, president...

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