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Around Idaho: Economic Activity in June 2021

Information provided in these news updates is from professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North Central Idaho
Southwestern Idaho
South Central Idaho
Southeastern
Eastern Idaho

 

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone counties

Kootenai County

  • Riverstone Holdings is developing a mixed-use building in the Riverstone district. The new building will include office space for rent on the ground floor, three floors of condos above and underground parking. The project is slated for completion in summer 2022. Source: Journal of Business
  • The Coeur d’Alene Ironman race was successfully completed, after COVID-19 forced a cancellation in 2021. The triathlon – which features a 2.4-mile swim, 112-mile bike ride and 26.2-mile run – was the first full-distance ironman race held in Coeur d’Alene since 2017 and drew about 2,100 competitors to the area. Source: Coeur d’Alene Press
  • The city of Hayden’s Planning and Zoning Commission approved a plan to turn the Hayden Meadows soccer complex into a housing subdivision. The 10-acre field was acquired, along with two adjacent properties, by Kulka Land LLC, which plans to turn the parcel into a 53-unit single family subdivision. Source: Coeur d’Alene Press

Openings:

  • Iron Pizza Co. & Taphouse, Athol
  • Geico Insurance, Coeur d’Alene
  • Esthenique LLC, Coeur d’Alene
  • Cuppa Columbian Coffee, Coeur d’Alene
  • Backwoods Whiskey, Coeur d’Alene
  • Link Properties, Coeur d’Alene
  • Safe Splash, Coeur d’Alene
  • The Fixture Gallery, Dalton
  • Tubbs Coffee Roasters, Hayden
  • Brats & Brews, Spirit Lake

Sam.Wolkenhauer@labor.idaho.gov, regional economist
Idaho Department of Labor
(208) 457-8789 ext. 4451

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Around Idaho: Economic Activity in May 2021

Information provided in these news updates is from professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North Central Idaho
Southwestern Idaho
South Central Idaho
Southeastern
Eastern Idaho

 

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone counties

Kootenai County

  • The Coeur d’Alene School District delayed the opening of a new planned magnet school until the 2022-2023 school year. District officials cited financial constraints as the reason. The magnet school will offer a hybrid learning model with a community service focus. Roughly 200 students are already enrolled in the school. Source: Coeur d’Alene Press
  • A new four-story mixed commercial and residential building will be built in Coeur d’Alene’s Riverstone development. The building will include office spaces on the first floor with condo units on the higher floors. Source: Coeur d’Alene Press
  • Kootenai County’s Community Development office produced a 22-page report on potential growth management strategies and is seeking public comments and participation. Kootenai County has been growing by roughly 2.5% per year over the last decade, and the Kootenai Metropolitan Planning Organization projects that the population of the county will grow by more than 130,000 by 2040. Source: Spokane Journal of Business

Openings in Coeur d’Alene

    • Terraza Waterfront Café.
    • The Fixture Gallery.
    • BidMore2Win Auctions.
    • Gas and Grain.
    • CDA Cremation & Funeral.
    • Cranberry Road Winery. Source: Coeur d’Alene Press
    • Blue Shell Game Bar. Source: Coeur d’Alene Press

Sam.Wolkenhauer@labor.idaho.gov, regional economist
Idaho Department of Labor
(208) 457-8789 ext. 4451

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Idaho Beef Industry Showing Marked Recovery

The beef life cycle is one of the most complex of any food, taking anywhere from two to three years to bring beef from farm to fork. This process involves multiple stakeholders, beginning with farmers and ranchers and ending with packing plant workers. Traditionally, the U.S. beef industry has been comprised of three main sectors ‒ cattle production, feedlots and meat processing. The packing sector is the primary driving factor in the beef industry’s vertical supply chain. The packers are the market outlet for the feeding sector and in turn, the feedlots are the primary market outlet for the cow-calf producers.

An overview of Idaho’s beef industry shows the cattle production sector’s total cow-calf inventory has grown slightly faster than the national average. A 2019 January industry snapshot shows Idaho’s cattle inventory stood at 2.5 million cows and calves, raised across 7,400 farm operations. This inventory comprised 504,000 beef cows that had calved and 625,000 milk cows that had calved. About 48% of this inventory was in south central Idaho, which has a competitive cattle production advantage in forage and crop aftermath grazing resources compared with the rest of the state.

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