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Real Estate & Construction

Community First Bank

January 12, 2022
Building Tri-Cities advertising
Community First Bank has completed renovations to its new Richland home at the corner of Jadwin Avenue and Swift Boulevard, across the street from the new Richland City Hall.The bank paid $1.1 million for the 1967-built office building and invested $1.4 million in renovations to the 7,571-square-foot building and drive-thru.The...
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Dutch Bros Coffee

January 12, 2022
Building Tri-Cities advertising
Bush Developments has completed construction of a new Kennewick location for Dutch Bros Coffee, the Grants Pass, Oregon-based chain of drive-thru coffee shops.The 950-square-foot building occupies a 1-acre site at 4305 W. 17th Place. The $2 million project opened to customers Nov. 26, 2021. Bush Developments is led by TJ,...
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Clover Island Inn buyer plans micro apartments

January 11, 2022
Wendy Culverwell
A developer wants to convert the Clover Island Inn to micro apartments, but it may face a significant roadblock.The 150-room inn, restaurant and conference center was built in 1977 on land leased from the Port of Kennewick. The port has ambitions for its prized island property that include transforming it...
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Funding cut kills The Nineteen, luxe Kennewick project

December 15, 2021
Wendy Culverwell
A Tri-City developer has shelved The Nineteen, a luxury office-and-apartment project planned for downtown Kennewick, after a key lender cut funding by more than two-thirds.Andrew Klein and Brian Griffith, operating as Klein Griffith Properties Group, said the project was “effectively killed” in October when the Hanford Area Economic Investment Fund...
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Reser’s construction is back on track after collapse stopped work

December 14, 2021
Wendy Culverwell
Reser’s Fine Foods is proceeding with construction of a food processing facility in Pasco after a framed section of the building collapsed during a windstorm.No workers were injured in the Nov. 15 incident. Reser’s, serving as its own contractor, briefly halted work. By early December, crews were operating at both...
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Developer plans to end north Richland’s coffee desert

December 14, 2021
Wendy Culverwell
A Bellevue-based developer is converting a north Richland building into a coffee shop to serve residents and workers near the PNNL campus.IC University Square LLC plans to apply for permits to reconfigure the building in January, with a tentative opening date in mid-2022.The LLC is associated with Shotgun Creek Investments,...
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Graze makes big bet on China Café spot in Kennewick

December 14, 2021
Wendy Culverwell
Graze – a Place to Eat is making its biggest bet ever on the Tri-Cities with a new location planned in the former China Café spot in Kennewick.Graze owners Rebecca and John Lastoskie bought the restaurant at 131 N. Ely St. in July and expect to open it in mid-2022...
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Real Estate & Construction Briefs – December 2021

December 14, 2021
TCAJOB Staff
Popular Kennewick restaurant damaged by fireDouble Dragon, a popular Kennewick restaurant, was damaged by an early morning fire on Dec. 7.The Kennewick Fire Department said passersby called in the blaze after spotting fire coming from a roof vent at about 3:30 a.m. The fire department noted the 1979-built building, 3107...
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Fran Rish’s $10M update to begin in new year

December 14, 2021
TCAJOB Staff
Fran Rish Stadium at Richland High School will get a $10 million update beginning in February.The Richland School District expects the eight-month project to wrap up by September, according to an environmental checklist filed under Washington’s Environmental Protection Act in October.The voter-approved project includes new artificial turf, track surface, grandstand...
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Equity firm acquires historic Spokane hotel

December 14, 2021
TCAJOB Staff
KSL Capital Partners LLC, a Denver-based private equity firm, has reached a deal to purchase a collection of Spokane area hotels that includes The Historic Davenport, an iconic landmark built in 1914. Terms of the deal, expected to close in January, were not disclosed. Davenport Hotels is a privately-held company owned by...
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