8 Aspen: Midtown Bozeman's Approved 289-Unit Development Is For Sale

Summary: 8 Aspen is a city-approved 289-unit mixed-use development on 1.447 acres at 802-910 N 8th Avenue in Midtown Bozeman. On July 16, 2026, the entitled site was listed for sale at $4.9 million by Charter Realty & Development. What's for sale is the land and the approvals attached to it, not a finished building.

What is the 8 Aspen development in Midtown Bozeman?

8 Aspen is an approved six-story mixed-use building planned for seven assembled parcels just west of the U-Haul property, at the northeast corner of West Aspen Street and North 8th Avenue. Neither street corner exists yet. Both get built as part of the project.

Per the City of Bozeman's project record (Applications 24051 and 24356) and the current listing, the approved development includes:

• 289 apartments, averaging about 540 square feet
• One ground-floor commercial space, with roughly 37,000 square feet of commercial and amenity area in a 194,000 square foot building
• About 189 parking spaces

• Off-site street construction: North 8th Avenue built through to Juniper Street, and West Aspen Street built from 7th Avenue to 8th Avenue

   

Why is the six-story height tied to the affordable units?

A portion of the apartments are to be offered for rent at 60% of area median income, and in exchange the project requested Bozeman's affordable housing incentives under municipal code section 38.380.030 for increased building height, per the city's notice. The Bozeman Daily Chronicle reported the proposal at 40% of the 289 units restricted to that income level, roughly 115 apartments, with the rest at market rate.

The original seven-story plan was preliminarily approved with conditions on September 4, 2024. The developer then cut the second floor, which held parking and storage, and relocated the resident amenities, bringing the building to six stories. 

Under city code, amendments to an approved plan must stay in substantial compliance with what was originally approved. A buyer could not remove the affordable units and keep the six-story height without going back through city review.

Will 8 Aspen get built?

No way to know yet. The site is vacant, the entitlements are in hand, and the land hit the market on July 16, 2026. The next thing to watch for would be a sale of the property and a building permit. 

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