Tag Archives: Sam Wolkenhauer

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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Around Idaho: Economic Activity in December 2017

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

  • Construction has begun on a $7.3 million parking structure in downtown Coeur d’Alene. The 360-space garage is being spearheaded by the city’s urban renewal agency, Ignite CDA, which notes that constrained parking space presents a barrier to the redevelopment of many properties downtown. Source: Spokane Journal of Business
  • A $6 million medical building is under construction in the Riverstone development in Coeur d’Alene. North Idaho Dermatology will occupy part of the building when it is completed later in 2018. Source: Spokane Journal of Business
  • Kootenai Health has begun a $4.3 million renovation involving at least 17,000 square feet and three departments in its main hospital building in Coeur d’Alene. Source: Spokane Journal of Business
  • SmaK Plastics – a Vancouver-based manufacturer with a facility in Coeur d’Alene – announced plans to expand its northern Idaho workforce. SmaK currently employs 18 people in its Coeur d’Alene facility, but plans to expand to roughly 40 by the second quarter of 2018. Source: Spokane Journal of Business

Openings

  • DC Engineering in Coeur d’Alene.
  • Big Sky Auto Wholesale in Post Falls.

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 2017

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

Region

  • Several area ski resorts have begun their winter seasons. Lookout Pass opened the first weekend of November, while Silver Mountain and Schweitzer opened Thanksgiving weekend. Source: Spokane Journal of Business

Kootenai County

  • Water Solutions Inc. is building an office building with an attached manufacturing space in Rathdrum. The company, which sells drinking water purification units, began as a sole proprietorship in 2001 in Rathdrum and anticipates a workforce expansion commensurate with their growing business and new facilities. Source: Spokane Journal of Business
  • The city of Hayden issued building permits for a $13.7 million, 96-unit apartment complex. The complex is the first phase in a larger development plan by Coeur d’Alene-based Hayden Village LLC, which will eventually develop 64.4 acres in Hayden. Source: Spokane Journal of Business

Openings

  • Les Schwab, St. Maries
  • Gateway Cafe, Plummer
  • Inspire Physical Therapy, 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: October 2017 Economic Activity

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

  • The Parks and Recreation Committee in Coeur d’Alene voted to ban offshore businesses in the city’s water corridor on Lake Coeur d’Alene. The decision will affect enterprises like the Hooligan Island jungle gym barge and boats that sell food. The committee sited the danger of motorized boat traffic near the beach, in water that is generally full of kayakers, paddle-boarders and swimmers in the summer. Source: Coeur D’Alene Press
  • Developers Philip Wirth and Rick Robinson have announced plans to create a 233-acre technology park on Highway 41 in Post Falls. The complex is being designed with technology and aerospace manufactures in mind, and the developers have specifically cited proximity to North Idaho College’s technical schools in Rathdrum as a draw to the location. Source: Coeur D’Alene Press

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Around Idaho: September 2017 Economic Activity

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

  • Alliance Data – citing strong growth in its Card Services division – announced plans to add 140 workers in Kootenai County by the end of 2017. This would raise the total employment at the company’s Coeur d’Alene complex to 750 employees, from 610 currently. A company spokesman said that Alliance anticipates a further expansion to between 800 and 850 employees in 2018. Source: Spokane Journal of Business
  • Viking Construction has begun work on the third and final phase of the Fieldstone Apartments project in Post Falls. This phase will add 64 units to the complex. Source: Spokane Journal of Business
  • Cascade Team Real Estate – a brokerage based in Issaquah, Washington – announced it plans to open a new office in Coeur d’Alene. Cascade Team focuses on residential real estate and does not provide commercial listings or property management services. Source: Spokane Journal of Business
  • SPi CRM, a Philippines-based call center, is remodeling the former Sports Authority space in the Silver Lake Mall in Coeur d’Alene to use as a new customer-service call center. SPi’s spokesman noted that the company anticipates total staffing of around 240 employees. Source: Spokane Journal of Business

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Around Idaho: August 2017 Economic Activity

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

  • A lumber mill in Athol owned by Vaagen Brothers Lumber suffered significant damage in an Aug. 9 fire. Although more than 50 percent of the facility was consumed, none of the mill’s employees were injured. Source: Coeur d’Alene Press
  • The Post Falls City Council approved a new budget with no increase to property taxes and a fee increase which will affect water and wastewater fees. Source: Coeur d’Alene Press
  • North Idaho College hosted the annual Art on the Green event. The art fair, which featured more than 160 artists, drew an estimated 50,000 patrons in its three-day run from Aug. 4-6. Source: Coeur d’Alene Press

Bonner County

  • Sandpoint’s new fiber network has begun expanding to business, including Timberline Helicopters and Tamarack Aerospace. Fatbeam, the fiber provider, cited the projects as examples of how public/private partnerships can work, while Sandpoint city officials noted that the fiber will help companies in need of better connectivity to keep their headquarters in Sandpoint. Source: Bonner County Daily Bee

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

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Idaho’s Construction Resurges Post Recession

The construction industry suffered disproportionate job losses during the course of the Great Recession as property values plummeted and the over-heated housing market contracted. An oversupply of housing in many parts of the country caused construction to shrink for several quarters even after other industries had begun to grow again. During the post-recession growth period, however, Idaho’s construction industry has outperformed the rest of the country, fueled by the state’s high rate of population growth and the associated demand for housing and commercial space.

Beginning in late 2007, construction in Idaho began to shed jobs at an alarming rate. The industry contracted by almost 24,000 jobs between October 2007 and March 2009 – about 42 percent of the industry’s total pre-recession employment. While construction suffered across the country, Idaho’s sufferings were particularly acute; the state’s 42 percent industry contraction dwarfed the 29 percent loss experienced nationwide. Continue reading