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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

Bozeman Planning for Growth in 2016

by Hart Real Estate Solutions

Bozeman officials made it clear they are planning for growth in 2016 when they outlined their goals and hope for the town for the coming year. With the fastest growing economy in Montana and part of the fastest growing county in the state, officials will need to continue working to stay ahead of growth.

The city wants to focus on improving infrastructure, streets and transportation and affordable housing. Street maintenance and traffic have both been impacted by Bozeman’s booming housing market—a market that has driven up home values in the area. As Bozeman continues to grow, officials will need to continue staying ahead of the curve on city growth and planning.

To do this, commissioners recently approved hiring an Oregon consultant to study and improve Bozeman’s strategic planning effort. HDR engineering will look at policies, land use planning, infrastructure and budgeting to develop a plan that will keep Bozeman on its positive track. The consultant will look for vague and contradictory planning strategies and look to improve them.

Leaders have also started to tackle plans to put a plan for a new Law and Justice Center on the November ballot. Ideally, Bozeman wants to make the new center more affordable by using the building for both Bozeman and Gallatin County legal matters. Right now, officials estimate that the building will cost between 50 and 80 million. To narrow the estimate by November to give voters a better sense of what they may or may not be approving, Bozeman has hired a contractor to provide a plan and price quote by July 1st.

Bozeman officials have done well to stay ahead of Bozeman’s growth. In depth planning, coupled with improving plans already in place, should help maintain Bozeman’s beautiful landscape and culture amidst its growth.

 

 

Sources: http://www.abcfoxmontana.com/story/31298368/bozeman-sets-goals-for-new-year

 http://www.bozemandailychronicle.com/news/city/split-bozeman-commission-approves-k-strategic-planning-effort/article_6a350d69-4e36-57ad-839b-c6c53a649674.html/#utm_source=bozemandailychronicle.com&utm_campaign=related-by-section&utm_medium=direct&utm_term=split%20bozeman%20commission%20approves%20%24124k%20strategic%20planning%20effort

http://www.bozemandailychronicle.com/news/city/bozeman-gallatin-county-officials-to-hire-justice-center-contractor/article_c32249cf-8ae4-552f-90c6-7064b65f07f0.html

Bozeman Looks to Expand Cottonwood, Durston Intersection

by Hart Real Estate Solutions

In early February, the Bozeman City Commission focused their efforts towards road expansion and reconstruction on the west side of town. With Bozeman's growth rate in the top ten nationally, road expansions and construction will continue to be needed. The city wants to expand the intersection of Cottonwood and Durston Road to better address the growth in the area. Bozeman has and will continue to find additional funding for city streets so long as growth continues.

Ideally, the commission would like to expand Cottonwood to four lanes and widen Durston to three lanes. The plan would also add a new light on the intersection of Cottonwood and Babcock. The commission would install roundabouts at Oak and Baxter, and Flanders Mill and Ferguson.

Bozeman’s growth, particularly on the west side, have increased traffic in the area. With the fastest growing economy in Montana, Bozeman continues to stay on the national radar. Its been awarded as one of the nation’s most liveable towns, a top worldwide destination and a top college town in the past 2 years. School districts continue to break enrollment records, Expanding neighborhoods like Laurel Glen and Valley West have attracted more residents to the west side of Bozeman, putting more strain on the nearby roads. More commercial permits have also been given on the west side of Bozeman, increasing traffic as well.

Durston and Cottonwood improvements would cost an estimated 30 million dollars and would be broken into several projects over the coming years.

 

Source: http://www.nbcmontana.com/news/Bozeman-seeks-expansion-of-Cottonwood-Durston/37762862

 

Land off Stucky Road Considered for Annexation

by Tim Hart

Bozeman City Commissioners will vote next Monday on whether to annex a piece of land off Stucky Road in order to zone it for apartment style residences. The commission has seen several bids to annex additional land into the city in the last year. Bozeman continues to find ways to add additional home inventory to keep home values reasonable.

The land off Stucky is currently set for agricultural use and nearby farms are concerned about adding more residential lots on high quality, useable soil. Both farmers and developers made their pleas to the City Zoning Commission and though the zoning commission voted 2-1 against rezoning the parcel, the decision ultimately rests with City Commisioners.

Bozeman continues to search for land and strategies to help keep the real estate in the Gallatin Valley affordable. The city has looked at narrowing lots and has given a high number of building permits to increase inventory. Bozeman will need to strike a healthy balance between keeping prices reasonable and growing in a healthy, planned out manner.

 

Source: http://www.bozemandailychronicle.com/news/city/bozeman-commission-to-consider-stucky-road-annexation/article_5cd77da9-11f6-5bfc-93c3-f206be50835e.html

 

Bozeman Armory to Become New Downtown Hotel

by Tim Hart

A new hotel will be coming to Bozeman—and no—it won’t be on North 19th. No, this hotel, called the Etha, will be right in downtown Bozeman and will be moving into (and on top of) the old Armory Building on Mendenhall.

Investors hope the hotel can become more of a buzzing downtown hub, rather than a simple hotel. The hotel will have 8 stories, 102 rooms and include a 10,000 square foot ballroom for special events. The hotel will cater to the luxury market, aiming to provide travelers with all the expected perks and amenities. Building plans also called for a gastro-style pub/restaurant, which would help make the hotel a destination location for locals, as well as travelers.

Plans had initially stalled on the building, due to the bid knocking out a large chunk of the investors’ budget. The project in total will cost more than 22 million dollars.

Over the last five months, investors have worked through issues regarding the cost and permitting of the building and are ready to move forward. This winter, the hotel will fund the interior demolition of the building and they will then start building upwards in the spring. The Etha should be open by mid 2016, assuming all goes to plan.

A large real estate investment such as the Etha Hotel highlights the growing consumer and investor confidence in Bozeman. As Bozeman continues to recover from the 2008 recession, other investments similar to the Etha will not be unexpected.

 

Source: http://www.bozemandailychronicle.com/news/city/construction-to-begin-on-downtown-boutique-hotel-at-former-bozeman/article_99ecf030-74fd-11e4-9a25-3b43c279e5c0.html

http://www.bozemandailychronicle.com/news/economy/downtown-boutique-hotel-stalled-developers-remain-optimistic/article_2a0f75f6-f67e-11e3-84b1-001a4bcf887a.html

Bozeman Considering Building a New Convention Center

by Tim Hart

The city of Bozeman is considering building a new convention center for the area’s residents. Those living in Bozeman, or looking to purchase real estate in Bozeman, will see changes take place on North 7th Avenue, assuming the plan is approved.  The plan would be put into the already established urban renewal project in the area. Currently, the city is accessing the feasibility of the plan before giving it the true go-ahead. The city will assess nearby properties and decide whether to include them into the new district, or draw new lines. The city is looking at two parcels of land, one north of the Holiday Inn and another just south of Baxter Lane.

The addition of a city center continues a growing trend to truly make Bozeman the center of all events, services and activities in the Gallatin Valley. Please see these other articles on the other building projects currently going on like the future aquatics center, sports complex, the cannery district improvements, and airport expansion. For anyone looking into real estate, this is great news, because in general, these major hubs will continue to see more foot traffic and with more traffic comes real estate buyers and sellers.

Source: http://www.bozemandailychronicle.com/news/city/bozeman-looking-to-pave-way-for-convention-center-near-north/article_e1a04886-535c-11e4-8799-2753b7164e2a.html?utm_medium=desktop&utm_source=block_953010&utm_campaign=blox

Bozeman Education Taxes to Dip Slightly

by Tim Hart

New construction, continued growth in Bozeman and a larger tax base have allowed the City of Bozeman to lower property tax rates, but still spend more money on education. The Department of Revenue reported that the elementary district has grown by 2.74% while the high school district grew by 2.97%. These numbers reflect the positive growth in Bozeman over the last couple of years, as both construction and real estate seem to have fully recovered from recession. With a larger tax base, Bozemanites can expect to see lower property taxes, yet the schools should be able to hire up to 12 more teachers or counselors for this coming fall semester. The education budget has asked for 70.4 million to spend this year, which is up 1.8% from previous years. As more and more people move to Bozeman looking to raise families in the right schools, Bozeman schools have continued to shine. They have shined so much so that they continue to attract more families, bringing in more money to improve schools, which again attracts more families. Hopefully, this positive trend continues, and Bozeman can help foster the next generation of smarter, more creative leaders.

Gallatin County Fair Sees Huge Attendance Spike

by Tim Hart

This year’s Gallatin County Fair saw a large attendance spike compared to last year. The fair saw a 64 percent increase in tickets sold compared to 2013. Such a large percentage increase could be influenced by a variety of factors. Weather, obviously, can drastically affect the crowd turnout, as well as new exciting acts coming to town with the fair. But these factors cannot account for such a large increase. Perhaps the growth of Bozeman has increased the population the fair can draw from. Other events have also seen an increase in popularity in the last few years, including Sweet Pea and Music on Main. Bozemanites continue to show great pride in their local culture and events, and they seem to come to community-building events in stronger numbers every year.

Displaying blog entries 1-8 of 8

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