Real Estate & Construction

Rathdrum Trading Post is planning its second move this year

New owner plans to add space, renovate structure

June 16, 2016

Rathdrum Trading Post Hardware plans to move this summer-again. It will be the second move for the independent hardware store this year. The store's permanent location will be in a 12,000-square-foot structure under construction about a half-mile so

Union Gospel Mission buys old Saint Mark Senior Center

Organization to relocate shelter for women, children

June 16, 2016

Mike McLean

Union Gospel Mission Association of Spokane has bought for $2 million the former Saint Mark Senior Living facility at 2410 N. Hogan, where it plans to move its women and children's crisis center from smaller quarters at the former Budget Saver motel, at

Spokane Public Facilities District to revisit Sportsplex funding

Legislative request likely, as is local ballot measure

June 16, 2016

The Spokane Public Facilities District will ask the state Legislature again next year for part of the estimated $41 million needed to finance a proposed sports field house, called the Sportsplex, north of the Spokane River, PFD chairman Larry Soehren says

Plans for Jensen-Byrd Building cast online

Website airs new details in development strategy

June 16, 2016

Mike McLean

Jensen Byrd Development LLC, the group that wants to redevelop the Jensen-Byrd building and surrounding properties, has launched a website that includes new details about the developer's vision. The jensenbyrd.com website describes the planned $45 mill

Centennial Properties agrees to buy Macy's building in downtown Spokane

Company envisions mix of retail, office, residential uses in 10-story structure

June 9, 2016

Journal of Business Staff

Centennial Properties Inc., the Spokane-based property developer that is part owner of the River Park Square downtown retail center, said it has agreed to buy the downtown Macy's building, at the northeast corner of Main Avenue and Wall Street. The

Inslee approves Spokane Tribe's casino proposal

Decision comes year after federal determination

June 8, 2016

Journal of Business Staff

Washington state Gov. Jay Inslee announced this afternoon that he has approved the Spokane Tribe of Indians' STEP project in Airway Heights. Inslee says in a press release that his decision concurs with the U.S. Department of Interior's determinati

Theater envisioned in Coeur d'Alene's Midtown

Art Only

June 2, 2016

Staff Report

Modern Theater is in the early stages of planning a new, $12 million theater building at the northwest corner of Fourth Street and Roosevelt Avenue, in Coeur d'Alene's Midtown neighborhood. George Green, executive artistic director for Modern Theater

â€”Mann-Grandstaff Veteran Affairs Medical Center

Spokane VA medical center plans $35 million in projects

Next building to be erected for mental health, education

June 2, 2016

Mike McLean

The Spokane Mann-Grandstaff Veteran Affairs Medical Center plans to erect a mental health and education building on its campus in northwest Spokane to kick off a few projects in the works there with a combined value estimated at nearly $35 million. The n

Real estate roundup: Fly fishing shop to cast its line in Garland District

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June 2, 2016

Mike McLean

Swede's Fly Shop, a full-service fly fishing store, has leased 1,400 square feet of space at 825 W. Garland and plans to move to there in June, says shop owner Allen 'Swedeâ€ Peterson. Peterson says he's looking forward to moving into the heart of

Apartments abound in Spokane market

Multifamily housing market projected to stay strong

June 2, 2016

Mike McLean

Even as hundreds of new apartments are set to come online, vacancy rates remain low, and rents are edging upward, meaning development of rental housing isn't likely to slow down any time soon, some professionals involved in the construction industry say