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City reports surge in permit activity; 140-unit Vista complex largest recent issuance
Summary
Spokane permit staff told the Urban Experience Committee on April 14 that permit applications and valuations rose sharply in March, with a major 140-unit apartment project issued and thousands of housing units in the pipeline.
Tammy Palmquist, Permit report presenter, told the Spokane Urban Experience Committee that permit activity rebounded in March, with nearly $60,000,000 in projects issued so far this month and valuations for the year already at roughly $100,000,000.
The jump represented about a $42,000,000 increase from the previous month, Palmquist said. She highlighted the Vista apartment complex at Beacon Hill, a 140-unit multifamily project, as the largest permit issuance recently. "The Vista's apartment complex went out. So those permits, that was 140 new units," Palmquist said.
Permit applications were up about 42% over the prior month, Palmquist said. She told the committee that short-term rental applications had increased after the city mailed annual…
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