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Bozeman Yellowstone International Airport Prepares for More Traffic

by Hart Real Estate Solutions

Home prices are rising, the population is growing, and our overall economy is expanding— which means that our airport is also seeing an increase in traffic. In 2017, the Bozeman Yellowstone International Airport (BZN) handled just shy of 1.2 million passengers, and now accounts for 30% of all airline traffic in and out of Montana. With an 8.3% increase in traffic from 2016, this is the 8th consecutive year of record breaking passenger traffic for BZN.

BZN is the busiest airport in the state, and the 8th busiest in the Northwest Region of the country (region including Montana, Wyoming, Idaho, Utah, Colorado, Oregon and Washington). With passenger levels currently predicted to be 10% higher this summer than previous years, several upgrades and expansions are scheduled to take place within the next few years to accommodate the ever-increasing growth.

  • The Largest Parking Garage in Montana

Originally on the airport’s to-do list for 2021, the construction of a 4-story, 1,100 stall parking garage began in December and is now scheduled to be completed by June. The garage (which is estimated to cost $30 million) will contain long-term, short-term, and rental car parking.

  • New Terminal Additions

Though not to be completed for several years, a terminal expansion will begin this summer, once the parking garage is complete. The expansion will include three new gates and the ability to handle the inevitable increase in more baggage.

  • Main Runway Maintenance

Runway maintenance is required every 15 years. This spring, the main runway is scheduled to close for three weeks to complete maintenance. Between April 30th and May 19th, no flights will operate between 12:30pm and 11:00pm. This project will cost the airport an estimated $7 million, although if the airport were to entirely close during this time, it would cost the airport an additional $2 million/day. Other runways will still operate during this three-week period, and the main runway will operate outside of the 12:30 pm to 11:00pm time frame.

  • The Addition of a Tower Controller

In order to better handle growing traffic, the airport will add one new tower controller and additional tower hours. With these new additions, tower coverage will span from 5:00am to 1:00am— the current hours of operation are 6:00am to midnight. The new controller will be fully trained and certified by this summer.

 

BZN serves as a year-round gateway to Yellowstone National Park, Big Sky Resort, and Montana State University. With airline traffic continually increasing every year, it only makes sense for our airport to keep pace as it continues to improve and expand its current facilities to better cater to the growing community. 


Bozeman Continues To Grow With New Proposed Airport Expansion

by Hart Real Estate Solutions

It comes as no surprise to most of us that Bozeman is quickly growing, in terms of both population and city development. In the past seven years alone, we’ve grown from 37,000 residents to more than 45,000. Last year was a record year for the Bozeman Yellowstone International Airport, which is located in Belgrade and is the busiest airport in the state— there was an 8.4% increase in the number of travelers in and out of Bozeman, and 29% of all air travelers in and out of Montana fly through the Bozeman airport.

To better accommodate those flying in and out of Bozeman, plans to develop more than 50 acres of land south of the airport have been submitted. These plans include a mixed-use complex that will hold hotels, retail stores and restaurants. A Connecticut-based developer, Charter Realty & Development, is currently in negotiations to purchase the property from its current owner Knife River, a construction materials company headquartered in Bismarck, ND. 

With both the number of new listings and pending sales increasing in Belgrade, this development may also be beneficial to Belgrade residents and those looking to relocate to the area.

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While the median sales price for Belgrade sat at $279,900 last month, this is still lower than that of Bozeman, with its median sales price hovering around $369K. Dan Zelson, a principal with Charter Realty, states that with growth coming out of Bozeman and into Belgrade, long-term plans may include residential buildings. While this isn’t part of the current proposal, this development could take place as soon as next year, with its first tenants moving in by 2019.

The plan will be presented to the Belgrade City Council on September 18th. Whether or not lower median sales prices are encouraging some Bozeman residents to relocate to Belgrade, the area is indeed expanding and will likely continue to do so with such a busy airport nearby that continues to set new passenger records every year, as well as with the high population growth rates we’ve been experiencing in recent years. 


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Bozeman Ranks Second as the Fastest Growing Small Town in America

Bozeman Airport Expands for Explosive Traffic Growth

by Hart Real Estate Solutions

As you may have notice, the Bozeman area has been growing exponentially with each passing year, and the local airport is certainly feeling it. Our Bozeman Yellowstone International Airport just broke its own traffic records for the seventh year in a row. While the U.S Census Bureau estimated there was only 100,000 residents living in Gallatin County in 2015, the airport handled a staggering 1.1 million passengers the following year. That’s 10 times more passengers moving through the airport than there is people living in our area! 

To accommodate for the growing traffic, the airport is working on adding another runway and considering to add some new gates. American Airlines also just announced that starting this spring, they will be making non-stop daily, seasonal flights to and from Bozeman and Dallas-Fort Worth. The airline will have a summer service running from June 2 to October, and a winter service running from December 15 to April.

With Bozeman being a college town, and Big Sky and The Yellowstone National Park being major tourist attractions, it’s no surprise that the airport’s been so busy. College students fly home during the holidays, Yellowstone National Park has tourists flying in from all over the world in summer, and our world-class ski resorts attract skiers in the winter. These local attractions keep the airport busy all year long.

Good business for the airport is also good business for our community. With an expanding airport, it will draw in more potential customers for our local businesses, add jobs and revenue to our community, and possibly lower flight costs from Bozeman to global destinations.


Related Articles:

Development Projects In Downtown Bozeman

Business Success In Bozeman

Job Growth In Gallatin County



Read more about this topic:

Bozeman airport again breaks record for passenger numbers

American Airlines enters Montana market, offers seasonal service to Bozeman

New Runway and New Airline Coming to Bozeman/Yellowstone Airport

by Hart Real Estate Solutions

Bozeman will be the first airport in Montana to officially service American Airline flights. Starting in June, the airline will start servicing a direct flight from Bozeman, Montana to Dallas, Texas. Based on how the experiment goes, American Airlines hopes to expand into other Montana cities, as well as increase Bozeman’s travel options. Bozeman's airport had more than a million visitors last year.

By adding an entirely new airline with additional direct flight options will increase a traveler’s ability to get to Bozeman. Bozeman’s tourism industry has lead to many visitors becoming permanent residents. Yellowstone has broken its visitor record in subsequent years so the area continues to attract more and more people. Bozeman’s economy, as well as its real estate industry, have seen huge lifts from the increased number of people living and traveling through Bozeman. Bozeman's reputation has helped support the increase in visitors, but improving the area's convenience will do a lot to get more people onto the plane.

Having American Airlines in Bozeman will also increase Bozeman residents’ ability to get out of town. Having more direct options will make Bozeman more travel convenient and may eventually end up lowering airline fares as competition increases. Flights in June and July are already booking quickly.

In addition to the news on American Airlines, official at the Bozeman/Yellowstone International Airport are also getting to work on building a second runway. The second runway would allow the airport to increase its total traffic, helping get more people in and out of Bozeman. The runway will be 5,000 feet long and 75 feet wide. It will be designed for smaller, slower planes that had previously taken up time and real estate from bigger, faster planes (like those seen from providers like American Airlines). The project will cost 8 million dollars and officials hope to start construction by the end of the year.

 

Sources: http://www.nbcmontana.com/news/Bozeman-airport-plans-second-runway-construction/39036978

http://www.kulr8.com/story/31870896/new-airline-means-more-options-for-bozeman-travelers

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