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Real Estate & Construction

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Refinancing activity holds steady pace

Inflation, high oil prices impact rates, consumer uncertainty, expert says
June 4, 2026
Ethan Pack

Refinancing activity in the Spokane market is expected to remain low but steady, as ongoing market uncertainty and global events keep interest rates elevated, according to some industry experts here.




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Metal Rollforming Systems moving to Deer Park

Spokane manufacturer's warehouses will anchor 101-acre industrial site
June 4, 2026
Ethan Pack

Spokane-based Metal Rollforming Systems Inc. is relocating to a new manufacturing hub in Deer Park, where several steel commercial buildings are proposed for development at Stag Industrial Park, at 2101 E. Sixth




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Fitness center eyed at old downtown tire shop

Remodel to cost an estimated $400K
June 4, 2026
Matt Stephens

The former Les Schwab Tire Center building at 101 W. Second in downtown Spokane could undergo a remodel that would have people pumping iron instead of tires.



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CM Development plans two multifamily projects

Timberline, Threshold hold a combined value of $6.8M
June 4, 2026
Ethan Pack

Spokane-based CM Development & Construction LLC, a developer behind several multifamily projects under construction in Spokane, is planning two new apartment complexes valued at a combined $6.8 million.



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Microgrid installation activates at MLK Center

Combination of solar panels, battery storage, natural gas generator improve resilience
June 4, 2026
Karina Elias

Avista Utilities, the operating division of Spokane-based Avista Corp., has launched the region’s first community-based microgrid at the Martin Luther King Jr. Family Outreach Center, in Spokane's East Central neighborhood.




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Airport begins second phase of TREX program

Passenger drop-off process, parking impacted by current infrastructure relocation work
June 4, 2026
Karina Elias

Spokane International Airport is in the process of relocating key utilities, setting the stage for the second phase of its Terminal Renovation and Expansion, or TREX program, which aims to build a 255,000-square-foot Central Hall.



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SCCU expansion includes new community space

Campus investment features areas for employees, public
June 4, 2026
Ethan Pack

Spokane City Credit Union is planning a new administrative annex building next to its existing property, at 1930 N. Monroe, that will provide more space for its employees.



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Jacklin Northwest plans Post Falls retail center

Proposed site to include two buildings with 12 business bays by 2027
June 4, 2026
Karina Elias

Jacklin Northwest is in the planning stages of developing a new shopping center at Jacklin Ranch Commercial Park, an 88-acre site just east of Highway 41 and north of Prairie Avenue in Post Falls. 


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West Plains business park hits holding pattern

Timeline depends on better market conditions, interest
June 4, 2026
Ethan Pack

The developer behind a proposed eight-unit flex warehouse park, at 9870 W. Flight Drive on the West Plains, is placing the project on hold following declining tenant interest due to higher interest rates, rising material costs, and uncertain market conditions this year. 



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New church building under development in Cheney

After years of renting, Westside Church eyes its permanent facility
June 4, 2026
Matt Stephens

Westside Church Spokane is building a $2.2 million, 12,000-square-foot sanctuary at 11916 W. Melville Road, in Cheney, that will provide a permanent home for the congregation.



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