SRM Development expands scope, staff, revenue

As published in Spokane Journal of Business

SRM Development LLC, a Spokane-based development and construction company that typically takes on projects far from home, has been steadily growing over the past few years.

The 24-year-old company added SRM Interiors LLC in 2017, and an affordable housing division in 2021 to its portfolio of services.

Ryan Leong, managing principal at SRM, says the company has grown from 50 employees to 80 employees in the last two years. 

In total, 30 employees are based at SRM’s 9,000-square-foot Spokane office on the second floor of the Banner Bank Building, at 111 N. Post. A dozen employees are based at the company’s Seattle office, three are based at the SRM Interiors office in Boise, Idaho, and the rest are based at job sites. 

SRM completes about five projects a year, says Leong. The company primarily is focused on developing and building urban housing — in metropolitan markets like Seattle, San Diego, Los Angeles, and San Francisco.

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