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Downtown Continues to Grow: The 5 East Project

by Hart Real Estate Solutions

Do you remember the Black-Olive proposal that originated in 2016 and was later approved in the fall of 2017? How about the One 11 Lofts that were proposed just this year? The developer behind both of these projects, Andy Holloran, has proposed another mid-rise building for the downtown area.

Called 5 East, the proposed six-story, mixed-use building will include 30 condos with space on both the second and third floors for retail and office space. The current proposal for 5 East also includes 29 parking spaces on the ground level, with a mix of studio, one-bedroom, and two-bedroom condos on the top four floors, all ranging from 790 to 1,500 square feet. Located on the corner of Mendenhall and Tracy, the build site currently houses the Straightaway Motors auto shop and several homes, which would be demolished per an agreement with the landowner.

While many downtown residents are still concerned that contemporary buildings will negatively impact Bozeman’s small-town charm and compromise its historic integrity, Holloran states that in order to preserve our open land and agricultural space, we need to further develop our urban core, which includes “building up” instead of “building out”. As it currently is, the proposal includes in the northwest portion of 5 East scaled down to three stories “in order to respect the lower-density housing to the north and provide open space and outdoor amenities for residents”. These amenities include landscaped outdoor terraces, restaurants, and a spa.

5 East is currently set for review by the city planning department. If the plan is approved, construction could begin as early as the beginning of 2019.

 

Current Mid-Rise Development Projects/Proposals

Development Projects In Downtown Bozeman

by Hart Real Estate Solutions

 

With Bozeman continually growing, it looks slightly different with each passing year. To keep you up-to-date with what’s changing in our town, here are some big projects underway right now in downtown Bozeman.

5 West Project 

With much of its structure now built, the construction of the 5 West building is making progress in downtown Bozeman. Its developer, Andy Holloran, expects the building to be ready for occupancy in 2017.  

This 5-story building is designed with commercial space on the first floor, office spaces on the second, and condos for the next three stories. 

 

Change of Plans for the Black-Olive Project

The Black-Olive project is planned to replace the old two-story building located on the south-east corner of Black and Olive Avenue with a 5-story apartment building. 

Andy Holloran made adjustments to its exterior materials, adding brick facade, corrugated metal, and some wood siding. He says these new materials  emulates the style of his Block M townhouses on the north side of town.

Holloran says “It’s a material palette that is recognizable and, I think, comfortable for people.”

This revision also adds a two-bedroom apartment to the building, as well as adjustments to its parking arrangements with a reduction of parking spaces in its parking garage from 38 to 36, while adding the car-sharing spots from 3 to 4.  

Holloran and proponents of his project believe that this new look fits better with character of the neighborhood.

With the development of his 5 West and Black-Olive buildings, Holloran hopes to transform downtown Bozeman with these modern, mid-rise buildings. 

 

Lark Expansion  

A 29-room, 4-story expansion of the Lark Hotel is underway. Much of the construction will be done offsite. “Truck-sized sections” will be assembled in Trier, Germany, then staged in Four Corners before brought to the site. 

The Lark Hotel partner, Brain Caldwell, calls it “adult Legos.” This expansion is projected to be completed by spring of 2018.

 

Downtown’s Murals Refresh 

The walls of Downtown Bozeman are colored with murals painted by the local school kids of 2012 and 2013. Ellie Staley, member of the Downtown Business Association, says the murals “are starting to show their age.” 

Art teacher of Chief Joseph Middle School, Emma Laatch, plans to organize high school art club students to design the new murals, and have younger students paint it. Laatch hopes this project will be done by the next school year.

 

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Sources:

Construction begins on 5 West Project

Holloran submits revised design for 5-story Black-Olive project

Lark expansion set to break ground Monday

Plans afoot to refresh murals along downtown Bozeman blast sites

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