Spokane Journal of Business

Local News

Trustee to sell Layrite site on Trent

Layrite Products Co., the longtime Spokane block maker that shut its doors last year, allegedly is in default on four major loans, and property on Trent Avenue where its plant operated for decades is slated to be sold in a trustees sale to the on...

For your 15 seconds of fame

A stack of seven videocassette recorders hooked to one small television set whir into action in the corner of what once was the dining room of Lisa Bergstrom-Regehr and her family.Across the hardwood floor of the South Hill home, a desk holds a...

High-rise rumors escalate

Rumors are swirling in downtown Spokane about a possible building projectperhaps a high-rise office tower or a parking garageon the block where the Rookery Building and several smaller structures now stand.The rumors, which are circulating a...

Entertainment facilities report record revenue

Spokanes four major entertainment and meeting facilities had their best year ever financially in 1997, bolstered by record combined revenue of more than $2.35 million, according to a year-end report released recently.The Opera House, Center, a...

PhysiciansÂ’ group plans medical-business park

A Coeur dAlene medical practice says it plans to develop a 17-acre medical and business park at the northwest corner of Prairie Avenue and U.S. 95 there.Hayden Lake Family Physicians, which is owned by Dr. Mark Borsheim and Dr. Terry Riske, to...

First of likely new stores for Rite Aid under way

Rite Aid Corp., the Camp Hill, Pa.-based drug-store chain, is having a store constructed at the northwest corner of Sprague Avenue and Sullivan Road in the Spokane Valley and plans to open one of its drug stores there in August.The planned store...

Vandervert plans big building

Vandervert Development LLC, of Spokane, plans to develop a $9 million office complex on a 6.2-acre parcel behind the ShopKo store at Northpointe Plaza on Spokanes North Side, says Dick Vandervert, president of the development company.The which...

Ponderay Newsprint might get new operator

Ponderay Newsprint Co., which owns the big paper mill at Usk, Wash., about 60 miles north of Spokane, could have a new managing partner by this summer.Avenor Inc., the Montreal-based current managing partner and 40 percent owner of the plant, a...

Retail store to be built along Ruby

Construction of an outlet for CompUSA, a Dallas-based computer retailer, will begin this summer just north of Cavanaughs River Inn and east of Ruby Street where Ruby splits away from Division Street, says Tom Barbieri, vice president of Goodale &...

Sales-tax hike could fund light-rail line

A modest boost in the local sales-tax rate could raise enough money to pay the local share of a $300 million light-rail system here, but Spokane-area voters would have to approve the tax hike, an official here says.The U.S. House of included of...

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