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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Groundbreaking Signals Start Of Long-Awaited Valley Mall

Compiled By Business Staff

The golden shovel may have gotten a little rusty, but JP Realty Inc. says it absolutely will break ground this week on the Spokane Valley Mall.

Plans for the mall were first announced six years ago. Salt Lake City-based JP Realty has had several false starts while it gathered enough financing and tenants for the multimillion-dollar project.

Anchor tenants for the 100-store project include The Bon Marche, Sears and J.C. Penney. The mall could open as early as August 1997.

Rex Frazier, president and chief executive officer of JP Realty, will lead the ceremonial ground-breaking 12:15 p.m. Thursday. The mall will be built at the northwest corner of Interstate 90 and Sullivan Road.

Frazier also will speak at 7:30 a.m. Friday to the Spokane Valley Chamber of Commerce Business Connections Breakfast at the Spokane Valley Red Lion. Advanced reservations for the $10 breakfast are required. Call 924-4994.

In other events this week:

Today

Final day to file federal income tax returns.

Free workshop on controlling energy consumption begins at 1:30 p.m. at Washington Water Power auditorium, 1411 E. Mission.

Spokane Area Chamber of Commerce board of trustees meets at noon.

Tuesday

Federal Reserve releases March industrial production.

Wednesday

Broadcast meteorologist Tim Adams speaks at noon to the Armed Forces Persons of the Year luncheon in the Ridpath Hotel. Cost: $12.50. Call 624-1393.

Ballots counted in Phoenix on whether America West Airlines’ mechanics unionize.

AT&T Corp. holds annual meeting in Miami.

American Rivers announces North America’s most endangered and threatened rivers of 1996.

Thursday

Barry Bosworth, senior fellow of economics at the Brookings Institution, speaks at 11:45 a.m. to the Gonzaga University Economics Symposium in the Spokane Ag Trade Center. The event is sold out.

Brenda McKelvie, vice president and international banking officer for U.S. Bank, speaks at noon to the Inland Northwest World Trade Council at the Spokane Valley Red Lion. Call 459-4123.

Spokane Area Chamber of Commerce British Columbia marketing tour begins, continuing Friday. Cost: $155. Call 624-1393.

Business After Hours begins at 5:15 p.m. in the offices of citizenstelecom, 140 S. Arthur, Suite 501. Cost: $5. Call 459-4111.

Inland Empire chapter of the Soil and Water Conservation Society holds a public meeting on PM-10 and the Clean Air Act at the 19th Hole Restaurant in Walla Walla. Call Mike Klungland at 509-257-2660.

Friday

Al Haslebacher of the Home Builders Association speaks at noon to the Spokane Ag Bureau at the Stockyards Inn restaurant.

Dr. Barbara Uehling, executive director of the Business-Higher Education Forum, speaks at the 10 a.m. dedication of Riverpoint Higher Education Park classroom building

, DataTimes ILLUSTRATION: Graphic: Measuring the economy - Aluminum prices

MEMO: This sidebar appeared with the story: ON THE SHELF Business Week, April 22: News of social atrocities in China is making it more difficult for big U.S. exporters like Boeing and Motorola to protect their trade partner from political retribution. Forbes, April 22: General Motors once again tops the magazine’s ranking of 500 largest U.S. companies.

Food giants Boise-based Albertson’s has the most productive employees among food distributors and retailers, according to a ranking of profits-per-employee by Forbes. 1. Albertson’s, $7,400 per employee 2. Southland, $6,500 per employee 3. Hannaford Bros., $5,500 per employee 4. Giant Food, $4,000 per employee 5. American Stores, $3,700 per employee

This sidebar appeared with the story: ON THE SHELF Business Week, April 22: News of social atrocities in China is making it more difficult for big U.S. exporters like Boeing and Motorola to protect their trade partner from political retribution. Forbes, April 22: General Motors once again tops the magazine’s ranking of 500 largest U.S. companies.

Food giants Boise-based Albertson’s has the most productive employees among food distributors and retailers, according to a ranking of profits-per-employee by Forbes. 1. Albertson’s, $7,400 per employee 2. Southland, $6,500 per employee 3. Hannaford Bros., $5,500 per employee 4. Giant Food, $4,000 per employee 5. American Stores, $3,700 per employee