Journal of Business - October 2023

Page 1

October 2023 Volume 22 | Issue 10

Benton, Franklin property valuation rates jump more than 20% By Robin Wojtanik

for Tri-Cities Area Journal of Business

Inside

Focus Magazine: Construction + Real Estate in the Tri-Cities

Business Profile

Families can find seasonal fun at Queensgate Gardens Page A35

Real Estate & Construction

New retail center taking shape in Richland Page B1

NOTEWORTHY “This thing has a chance to be the most popular place in town.” - Andrew McVay, co-owner Ray’s Golden Lion

Page A34

Scott Thompson had never felt strongly enough about an issue to display a banner criticizing elected leaders – until he got his property valuation from the Benton County Assessor’s office. That’s when he put up the large sign on his wooden fence facing the well-traveled Keene Road in West Richland: “Ignorant voters + Incompetent assessors = Oppressive taxation.” “It went up 26.4% in one year,” Thompson said of his property taxes. “I was surprised and so I went back to the only other postcard I had from 2020 to 2021, and it went up 3.6%, and I’m OK with that since it kind of goes up with inflation. But 26.4% is extremely excessive.” Thompson’s valuation is in line with countywide trends, which averaged an increase in value of about 23% in Benton County and about 28% in Franklin County. Thompson said homeowners shouldn’t have to pay property taxes on what someone else may pay for their home. “Especially when they compare it to houses that are sold because they’re sold at their best condition. I need a $25,000 roof, I’ve got matted carpet upstairs; stuff that I don’t maintain at the level if I was going to sell my house. So why should I pay taxes on something so subjective and affected by so many things?” Thompson said outside the home he’s lived in for eight years. He paid $275,000 for his home in 2015, marking a somewhat modest increase in value from when the home was built a decade earlier and sold brand new for about $221,000. Today, his home and property are assessed at $531,460, nearly double the value of what he paid for it. Part of the shock Thompson felt when receiving his 2023 valuation came from his appraised value of $383,320 in 2021, followed by $420,350 in 2022 to the stunner of a more than $120,000 increase in a single year. “Some people were saying the assessor was using Zillow to get the value, but when I looked uPROPERTY TAXES, Page A32

Photo by Ryan Jackman From left, Ravadi, Billy and Dara Quinn at The Emerald of Siam in Richland. The beloved restaurant and live music venue is celebrating 40 years in business in October. Ravadi Quinn started the Emerald in 1983, and Dara and Billy, two of her children, are now the co-owners following her retirement.

At The Emerald of Siam, 40 years of love and acceptance By Sara Schilling sara@tcjournal.biz

Bill Blakeman was one of the very first customers to walk in the door. Back in October 1983, when The Emerald of Siam opened in Richland, there were no other restaurants in the Tri-Cities dedicated to Thai cuisine. Blakeman had lived in Thailand for a year while serving in the military, and he missed the mouth-watering flavors he’d tasted there. So, he brought his young family to the Emerald – which had taken over a former drugstore and soda fountain space

in the Uptown Shopping Center – as soon as he got the chance. He’s been a loyal customer ever since. In fact, over the last 40 years – Emerald is celebrating its milestone birthday this month – Blakeman has become one of the many people who’ve transformWed from customer to something more, as Emerald itself has morphed from an eatery to a place unlike any other in the Tri-Cities. At the Emerald, you can dig into savory green curry chicken or a crispy spring roll while listening to world-class live music or taking in an art show – all while feeling uEMERALD OF SIAM, Page A13

Shelby’s Floral to put down roots in building of its own By Sara Schilling sara@tcjournal.biz

Shelby’s Floral has for decades had a Clearwater Avenue address – from its debut in 1977 in the now-defunct Bramble Bush Mall to its current home in Marineland Plaza. And that’s not going to change now that owner Jackie Brown is building a new home for the beloved flower shop. Shelby’s Floral is relocating down the street to 6018 W. Clearwater Ave., Kennewick. Construction is scheduled to start at the end of October.

Brown hopes to move into the new location by next August. Until then, the existing store will remain open at its current home at 5211 W. Clearwater Ave., Suite A. “It’s been a long haul. We’ll be very happy when we see (the new building),” Brown said. Shelby’s Floral has been in Marineland Plaza for 23 years. Brown didn’t have plans to move but wasn’t given the option to extend beyond her most recent twoyear lease, she said. So, she decided to build. The new facility will be 6,100 square feet, with room

uSHELBY’S FLORAL, Page A4

Tri-Cities Area Journal of Business 8524 W. Gage Blvd., #A1-300 Kennewick, WA 99336

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