Spokane Journal of Business

Local News > Real Estate

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Visible improvement expected for construction industry

Spokane-area residents can expect to see a lot of construction this year, judging by the volume of projects permitted in 2013. Building permit values for Spokane County and the cities of Spokane and Spokane Valley totaled $1 billion in 2013, up a whoppin...

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Education projects in region are going strong

Capital projects in the education sector this year are robust in number and scope, with about $300 million in projects under way or expected to begin, including major construction jobs for Gonzaga University and Spokane Public Schools. The Spokane school...

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Home-building activity moderates

The residential construction market here is continuing to strengthen, but some market observers expect the rate of improvement to soften a bit this year compared with the gains of the last two years. Regardless of the pace, it’s clear that the trend sti...

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Transportation project spending to hold steady in 2014

More than $140 million in new and continuing transportation-related construction projects are slated for 2014 across Spokane County, roughly on par with last year, including continuing work on the North Spokane Corridor, multiple bridge projects, and asso...

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Kootenai County looks to ride building momentum

Kootenai County is gaining momentum in most sectors of the construction industry. In 2013, construction volume in unincorporated Kootenai County and its three largest cities—Coeur d’Alene, Post Falls, and Hayden—totaled $337 million, an astounding ...

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Avista capital projects loom

Avista Corp. has several big capital projects totaling $235 million in value in various stages of planning and construction this year in the Spokane area. They range from a $1 million gas-line connection replacement project to an $80 million computerized...

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Sports field house backers seek design funds

The Spokane Sports Commission is seeking a $250,000 legislative appropriation to begin the preliminary design phase of an envisioned $20 million-plus field house and event center that would be developed on mostly city-owned property north of the Spokane R...

Property valuations tick higher for county

The total property value in Spokane County took an upward turn in 2013 for the first time since 2009, and levy rates leveled off after edging higher every year since 2008, says Spokane County Assessor Vicki Horton. Spokane County’s total assessed value...

Major update is under way at 173-room hotel near UI in Moscow

A Spokane construction company and two Coeur d’Alene design concerns are teaming up on a major renovation project at the Best Western University Inn, in Moscow, Idaho. The project will include renovating all 173 guest rooms, reconfiguring restaurant an...

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Downtown Spokane's Bennett Block is up for makeover

Dru Hieber, who represents the third generation of her family to own the Bennett Block downtown, says Hieber Properties Inc., is renovating the historic property at the northeast corner Main Avenue and Howard Street with the goal of restoring its vitality...

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