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More Housing Coming to Both Bozeman and Belgrade

by Hart Real Estate Solutions

Bozeman Development

The longtime trailer park on North Willson Avenue may soon be transformed into a series of duplexes. Santa Clarita-based company, William Homes LLC, has filed plans to replace the trailers with 16 three-story duplexes, each designed to include 3 bedrooms and an apartment above the garage for future owners to rent out if they choose— all contained within 1,800 square feet.

William Homes, LLC has a portfolio that encompasses many different types of projects, ranging from $159,000 to $1,000,000, which includes everything from townhomes to gated luxury communities.

Although the details about price range and the transition process haven’t yet been announced, construction could start as early as this summer if the city approves the project. 

 

 

Belgrade Development

Plans for a 595-lot subdivision were discussed on Monday with the Belgrade City Council. The future proposed location for this new development sits on 153-acres of the former Prescott Ranch on Belgrade’s west side.

Some board members expressed concerns over non-existent streets that are currently reflected in the plans. The board wants all streets to connect through the subdivision as they are concerned with traffic pileups and proper traffic distribution, both of which are current problems in Belgrade. Another point of concern amongst the board were park sizes— the current plan reflects 5 parks spread out across the subdivision, each averaging 3 acres in size. The board suggested reducing this to either one or two larger parks.

Additionally, developers want to change the zoning from R-2 to R-3 in order to boost density and allow for multi-family housing. All input gathered at Monday’s meeting will be taken into account before developers submit a formal proposal to the city.

Belgrade Expands and Prepares for Future Growth

by Hart Real Estate Solutions

In 2010, Belgrade had around 7,389 residents; as of last year, that number has grown to 8,254— a 10.5% population increase in just six years, and probably even more now that we’re in the 3rd quarter of 2017. Many of these residents were priced out of the market when looking to purchase a home in Bozeman city limits.

In a report released by Prospera Business Network, the average price for a 2,400 square-foot home in Bozeman on an 8,000 square-foot lot was $367,241. In Belgrade, the average price for a single-family home is $291,382. At the beginning of the summer, the price was about $260,000.

What Preparations Are Being Made For This Growth?

Plans to improve downtown, alleviate the city’s transportation problems and buy more land to build additional schools are already underway.

The Belgrade City Council is creating a special tax district downtown, with its purpose being to produce a new revenue stream to finance this project (among other infrastructure upgrades), rather than asking residents to borrow the money. The council hopes that after improvements are made, new businesses will be attracted to the area. Here are the 5 areas downtown that need the most improvement:

  1. Poorly designed parking lots
  2. Unsafe conditions
  3. Deteriorating buildings
  4. Deteriorating infrastructure
  5. Defective street layouts

As far as starting to fix current traffic problems, the city of Belgrade is working with the Montana Department of Transportation. So far, a website has been developed to gather comments on road conditions from drivers, cyclists and pedestrians. All input will be taken into consideration when deciding where and how to begin solving this problem.

Belgrade High School set an enrollment record this year with 917 students, and the population for the whole school district this year is 3,406— 5% more than last year. The school district is now looking to purchase anywhere from 12 to 200 acres to build two possible new schools, while still having plenty of space for sports practices and games.

Most phases of these plans are expected to take between 6 and 7 years until completion. With Belgrade expanding so quickly, it only makes sense that the city council is already preparing not only for future growth, but the current population and its present needs.


Related Articles:

Bozeman Continues To Grow With New Proposed Airport Expansion

Record-breaking Research At MSU In 2017

New Short-Term Rental Rules Adopted In Bozeman City Limits

Bozeman, Belgrade and Gallatin County to Coordinate Land Planning Efforts

by Hart Real Estate Solutions

The Gallatin County Commissioners voted unanimously to approve a new committee designed to improve coordination between Bozeman, Belgrade and Gallatin County planners. The Bozeman City Commission and the Belgrade City Council are planning on approving similar measures in the coming weeks.

The new committee has been approved to help the whole valley better address the rapid growth seen in the area in the past few years. Both Bozeman and Belgrade real estate markets have been extremely fast paced and new residents come almost daily to Bozeman or Belgrade.

Currently, incorporated cities like Bozeman and Belgrade are responsible for planning and development within their own borders. The Gallatin County generally takes care of planning and development in unincorporated areas of the county. Now, the new committee will help direct planning efforts between the cities and the county, helping keep the overall growth organized and positive.

The idea first took form in 2014, from a study that suggested an overarching committee coupled with frequently updated formal growth plans would be necessary to grow effectively. Before this, land use planning had not been formally addressed between the three governments.

The committee will help the governments share information and discuss planning issues before they become bigger problems. The committee will meet a few times a year and will serve in an advisory role to the three governments.

 

Source: http://www.bozemandailychronicle.com/news/city/county-endorses-planning-coordination-with-bozeman-belgrade/article_b1eb8e5a-1eaa-5868-8a52-3465411f6fbe.html

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