Tag Archives: economic roundup

Around Idaho: Economic Activity in February 2019

Information provided in this article 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

    • Coeur d’Alene-based business incubator Innovation Collective has announced plans to expand and open operations into nine new communities including Sandpoint, Lewiston, Pocatello and Kellogg. The Innovation Collective provides a variety of services aimed at promoting creativity and collaboration while providing space for entrepreneurial activity. Source: Spokane Journal of Business
    • The city of Coeur d’Alene announced that work on the development of the city’s Atlas Mill site is expected to begin this year. The site – a stretch of undeveloped waterfront property along the Spokane River – was purchased by the city in 2018. The new plans outlined by the city call for the space to be developed into a park with a trail system and swimming areas. Source: Coeur d’Alene Press
    • Ignite CDA – Coeur d’Alene’s urban renewal agency – is seeking public input on two competing developments proposed for midtown Coeur d’Alene. The agency is seeking to develop a mixed-use development with both commercial space and residential units, and is seeking public input on two competing proposals for the development. Source: Coeur d’Alene Press
    • Work is moving forward on the demolition of defunct structures on the site of the former Garden Motel in Coeur d’Alene to clear space for the construction of a new 113-room Marriott Fairfield hotel. The project was delayed after Marriott updated its hotel prototypes, which compelled developers to seek new building permits for the Coeur d’Alene site. Developers anticipate the new hotel opening in spring 2020. 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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Around Idaho: Economic Activity in January 2019

Information provided in this article 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

  • Thomas Tedder, founder and CEO of Post Falls holster manufacturer Tedder Industries, has sold a majority share in the manufacturer to a Texas-based investment group. Tedder said he would phase out of the CEO role over the following months and focus on his real estate concerns at his other company, Tedder Properties. Source: Spokane-Kootenai Journal of Business
  • Two new urban renewal districts have been proposed in the city of Rathdrum. Amid record growth, Rathdrum’s urban renewal agency has conducted eligibility studies to create two new renewal districts aimed at improving a total of 155 acres worth of lots. Currently, construction on the lots in question is blocked by gas and power lines that create “hurdles” to development, which would be remediated by the proposed renewal projects. Source: Coeur d’Alene Press
  • Kootenai County’s commissioners are preparing to revisit the controversial new building permit opt-out provisions. The provision, adopted last year, allows builders on unincorporated lots in Kootenai County to opt out of county building codes. The new board of commissioners – two of the three commissioners are newly elected – plans to revisit the opt-out provision, starting with a series of public hearings. Source: Coeur d’Alene Press
  • North Idaho College was awarded a three-year federal grant worth $675,607. It will use the funds to launch a new NIC Venture Center, which will support the college’s entrepreneurial programs. The Venture Center will feature new educational programming for entrepreneurship, as well as a rapid prototype lab for manufacturing. In 2017, NIC was named Entrepreneurial College of the Year by the National Association for Community College Entrepreneurship. Source: Coeur d’Alene Press

Openings in Coeur d’Alene

  • Terre Coffee and Bakery
  • Great Expectations Painting
  • Schwartz Law

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 December 2018

Information provided in this article 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

Bonner County

  • The YMCA of the Inland Northwest acquired Sandpoint West Athletic Club, with the intent of turning the health club into a new YMCA branch. Source: Spokane Journal of Business

Kootenai County

  • The city of Coeur d’Alene moved forward with a proposal to create an urban renewal district around the Kootenai Health hospital campus. The city council expressed concern about the cramped hospital corridor and noted that without efforts to consolidate properties around Kootenai Health and creating space to allow the hospital to grow, the hospital could be forced to move. Source: Coeur d’Alene Press
  • The Idaho Transportation Department will fund a one-year study on traffic management in Kootenai County, which will examine the viability of a regional traffic management center. The Kootenai Metropolitan Planning Organization will manage the study. Source: Coeur d’Alene Press
  • The Post Falls Planning and Zoning Commission approved a special use permit for the construction of a UPS distribution facility next to single-family homes in east Post Falls. The commission approved the permit after neighbors voiced their concerns about the potential noise and traffic that the distribution center would generate. Source: Coeur d’Alene Press

Openings

  • Terre Coffee and Bakery in Coeur d’Alene

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 November 2018

Information provided in this article 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

  • Kootenai County has started construction on a new transit center in the Riverstone development in Coeur d’Alene. The transit center will be located on a four-acre parcel, which is owned jointly by the county and the Coeur d’Alene Tribe. The center is expected to open in the summer of 2019. Source: Spokane Journal of Business
  • Construction has started on a new medical building in Hayden. The $2 million facility will house a new office of the North Idaho Eye Institute, which also has offices in Coeur d’Alene and Post Falls. Source: Spokane Journal of Business
  • The Coeur d’Alene Casino Resort Hotel has begun a $15 million renovation project, which involves an update and improvement of both the gaming and entertainment facilities at the casino. A spokesperson for the casino said the improvements would be completed by March of 2019. Source: Spokane Journal of Business

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Around Idaho: Economic Activity in October 2018

Information provided in this article 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

Benewah County

  • The Coeur d’Alene tribe has approved plans for a $16 million youth and family recreation center to be built on tribal land near Worley. The facility is intended to support the tribe’s mission of protecting the health and safety of their youth. Source: Spokesman Review

Kootenai County

  • Keller-Williams Coeur d’Alene is building a new $3.3 million building. With Kootenai County’s housing market enjoying phenomenal expansion in recent years, Keller Williams noted that its pool of agents has grown by 22 percent so far in 2018 alone. The agency now has 255 agents in Coeur d’Alene and has outgrown its existing office space. Source: Spokane Journal of Business

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Around Idaho: Economic Activity in September 2018

Information provided in this article 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

Boundary County

  • Seven Seeds Coffee Roasters opened in Bonners Ferry. The company specifically sources its coffee beans from impoverished regions of southeastern Asia, where the coffee can become a cash crop for impoverished farmers. Source: Bonners Ferry Herald

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Around Idaho: Economic Activity in July 2018

Information provided in this article 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

Benewah County

  • Jack Buell Trucking purchased a wood chip mill in Texas and announced that the mill would be disassembled wholesale and relocated to the company’s Milltown facility. In addition to trucking, the company operates log yards and heavy hauling concerns. The company anticipates that the reconstruction of the wood chip mill will take two to three months, but once operational the facility will double the company’s current capacity. Source: St. Maries Gazette-Record

Kootenai County

  • Seltice Mini Storage in Post Falls has begun a $1 million expansion to add an additional 150 storage units. In addition to expanding storage capacity, the company plans to upgrade the facility’s security systems. Source: Spokane Journal of Business
  • Crews broke ground on a new 50,000 square-foot industrial building in the Riverbend Commercial Park in Post Falls. The project is expected to be completed in August and is anticipated to accommodate up to five tenants. Kootenai County currently has low inventories of available industrial and warehousing space. Source: Spokane Journal of Business
  • Construction has begun on a new 294-unit apartment complex in Coeur d’Alene. The complex, which will be called The Northern at Coeur d’Alene Place, will be built through 2020 by CDA developer Anderl Development LLC. Source: Spokane Journal of Business

 

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 2018

Information provided in this article 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

Bonner County

  • In response to substantial flooding in Lake Pend Oreille and the Pend Oreille River, strict no-wake zones are being enforced to mitigate property damage. The new rules impose a no-wake zone up to 500 feet from the shore. Source: Bonner County Daily Bee

Kootenai County

  • Idaho Central Credit Union is constructing a new office in Coeur d’Alene. The $8.6 million building will house a full service credit union branch and business and mortgage lenders along with administrative staff. The new Coeur d’Alene office will be ICCU’s fourth Kootenai County branch. Source: Spokane Journal of Business
  • Hayden-based Blackstone Properties is constructing a new 65,000-square-foot storage facility in Hayden. The complex will offer ministorage, along with boat and RV storage. Source: Spokane Journal of Business
  • Silverwood Theme Park had its full-time opening May 28 followed by Boulder Beach, which opened June 9. The theme park is hiring roughly 1,500 people for its summertime operations and noted that preseason ticket sales have surpassed projections. Park management believes this portends potentially record attendance. Source: Spokane Journal of Business

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 April 2018

Information provided in this article 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

Benewah County

  • Marimm Health – the Coeur d’Alene Tribe’s health agency – has revealed plans to build a $15.8 million youth center in Worley. Marimm said the goal of the project is to reduce high crime and substance abuse rates among the youth in Worley and its outlying areas. Source: St. Maries Gazette Record

Kootenai County

  • Rocky Mountain Liquidation – a Hayden-based overstock retailer – has opened a second retail outlet in the Riverbend Commerce Park in Post Falls. The store sells consumer goods like clothing and housewares that are acquired as overstock from major retailers. Source: Spokane Journal of Business
  • The Coeur d’Alene Resort announced a timeline to complete an extensive round of renovations in May. The resort is improving all 338 of its guest rooms. These improvements include new carpeting, furnishings, and renovations to the pool and fitness center. Source: Spokane Journal of Business
  • Hayden-based Empire Airlines has announced a collaboration with FedEx to train pilots. The program – called the FedEx Express Pathways Purple Runway Program – aims to recruit pilots from universities and aviation colleges and train them for advancement in the FedEx fleet. Empire Airlines provides air cargo services for FedEx. Source: Spokane Journal of Business

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 January 2018

Information provided in this article 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

  • CDA 2030 has contracted with a Chicago-based consulting firm to conduct a market analysis and feasibility study for a potential performing arts and events center in Coeur d’Alene. The study is being jointly funded by CDA 2030 and the city’s urban renewal agency, Ignite CDA. CDA 2030 is a community-based project created to develop a vision for a bright future for greater Coeur d’Alene. Source: Spokane Journal of Business
  • Coeur d’Alene’s urban renewal agency, Ignite CDA, has proposed creating a new redevelopment district. The proposal specifies a new district of 54 acres in west Coeur d’Alene along the Spokane River. Source: Spokane Journal of Business
  • Construction has begun on a new 47-unit apartment complex in Coeur d’Alene. The rentals, located across the street from the city library, will be marketed to middle- and upper-income tenants. Source: Spokane Journal of Business
  • Construction is underway on a new two story commercial building in Coeur d’Alene’s Riverstone development. The Coeur d’Alene-based Orthopedic Physical Therapy Institute will occupy the ground floor while the second floor remains available for a future tenant. Source: Spokane Journal of Business

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

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