Nearly 5,000 new and existing homes sold in the Tri-Cities in 2021.While most would be considered midrange, a small but growing number carried seven-figure price tags.The top tier of the housing market tends to get overlooked in an economy where midrange homes – currently considered those in the $300,000-$500,000-plus range...
Local Bounti Corp., the Montana ag startup behind one of the biggest economic development wins in 2021, has “paused” construction of its $40 million greenhouse complex in east Pasco.The Pasco facility was supposed to be the second in a network of high-tech complexes where Local Bounti planned to cultivate lettuce,...
The city of Pasco will raze the Thunderbird Motel and turn the site into a parking lot after reaching a $1.2 million deal to buy the “nuisance” property.The deal is expected to close by late April, with the city set to take possession by May 25.The city will demolish the...
A young relative asked Jeff Losey if he should wait for the housing market to cool down before purchasing his first home.Losey, executive director of the Home Builders Association of Tri-Cities, said he advised against waiting.“The water level is what it is,” he said, referring to current home prices. “It’s...
Ben Franklin Transit is embedding a transit hub into the heart of a future development in one of the most prominent retail corridors in south Richland.The transit agency will build its hub on a strip of land bordering the Southwest Richland Park & Ride, off Columbia Park Trail near the...
Report: Share of millennial homebuyers continues to riseThe share of millennial homebuyers nationwide increased significantly over the past year. This group also is the most likely generation to use the internet to find the home they ultimately purchase and most likely to use a real estate agent.This is according to...
Great Floors, the Coeur d’Alene, Idaho-based flooring chain, sold five locations in a $33 million sale-leaseback deal that includes its Kennewick location.The portfolio also included Great Floors stores in Coeur d’Alene, Spokane Valley, Lacey and Yakima.The buyers were mostly 1031-exchange investors from California and Western Washington – meaning they were...
Business is booming for Sculpt Tri-Cities Wellness Center, with the March opening of a second location at Broadmoor Park off Sandifur Parkway in Pasco.In the wake of the Covid-19 pandemic, “people are just valuing their health more,” said owner Lindsay Kirby.“There’s definitely been a huge shift in what consumers are...
TT Center LLC expects to complete construction of a 4,125-square-foot multitenant retail commercial building at 4827-A W. Clearwater Ave. on April 20.The $1.2 million project features a modern, stucco exterior and three retail spaces in shell condition, ready to be customized for tenants. The center is east of Autozone and...
The Mid-Columbia Libraries completed a $300,000 remodel of its Connell branch, 118 N. Columbia Ave., on Jan. 7. The updates included new shelving, paint, flooring, light fixtures, art and other fixtures.The update included $17,000 for new materials for the collection.The Connell branch is one of the 12 Mid-Columbia Libraries branches...
