Spokane Journal of Business

Local News > Real Estate

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Ridpath Hotel rehabilitation financing nears completion

Ron Wells, the Spokane real estate developer who specializes in rehabilitating historic buildings, says investor groups are close to securing a complex financing package to convert the long-vacant Ridpath Hotel downtown into a vibrant residential and comm...

Elevator contractor report rise in work

Vertical Options LLC, of Spokane, a growing elevator service and repair company, recently landed a $1 million job at the Energy Northwest Columbia Generating Station, in Richland, Wash., says Keely Friesen, the company’s CEO. Vertical Options will repl...

Caruso’s Sandwich Co. plans new restaurant in Burgans Block project

North Idaho-based Caruso’s Sandwich Co. has obtained the first building permit for tenant improvements at on the ground floor of the Ruby Suites complex that’s under construction on the Burgans Fine Furniture Block, at 1120 N. Division. Chris & Pat I...

South Hill retail center aims for up to six tenants

Construction is complete at a new multitenant commercial building named Regal Square, on Spokane’s South Hill. The 7,300-square-foot retail building is located at 5608. S. Regal, about a block beyond the south city limits of Spokane. ...

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Kaiser plant owner eyes second phase of demolition

New Mill Capital LLC, the owner of the large former Kaiser Aluminum Corp. Mead Works smelting plant property north of Spokane, is readying for the second phase of demolition at the long-shuttered plant, says Ken Hoff, site manager. Hoff says he hopes bi...

Staples store moves are central to three projects

Staples Inc., the Framingham, Mass.-based office supply retail chain, is making two of its Spokane-area outlets smaller, says a commercial real estate agent with some knowledge of the projects. Meantime, Party City Corp., a Rockaway N.J.-based party supp...

Gymnastics studio plans new $1.8 million facility in Hillyard area

Harris Athletics Corp., which operates Spokane gymnastics and cheer academy Dynamic Gymnastics & Cheer, is developing a new $1.8 million facility in the Hillyard area, and plans to relocate there from a smaller space on north Division Street, says owner A...

Silvey Construction to construct office building along Nevada Street on North Side

Spokane Valley contractor Silvey Construction Inc. has obtained a building permit to construct a $3 million office building on Spokane’s North Side. The proposed project site is a vacant parcel of land at 9911 N. Nevada, just north of a Horizon Credit ...

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Increasingly independent real estate agencies

Some independent real estate brokers here say their agencies are growing rapidly despite not having the brand recognition of regional and national franchise operations. Dan Lysek, co-owner and designated broker at Spokane Valley-based Live Real Estate LL...

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Divcon expects biggest year to date

Spokane general contractor Divcon Inc. is expecting a work volume of about $20 million for 2014, its best year ever, says President Shane Miller. John Miller, Divcon chairman and Shane’s father, says the work increase is due partly to the company’s ...

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