Bozeman Real Estate Blog

Bozeman’s Downtown Developments


With penthouses, 4 story townhomes, hotels and building expansions all underway, it’s becoming increasingly difficult to keep up with all the development projects in downtown Bozeman. While city planners do their best to steer development “upward not outward” and developers scramble to provide residences, hotels and commercial spaces, downtown Bozeman is seeing significant changes. Here’s a breakdown of all the recent developments in downtown Bozeman.

5 West

If you were to take a drive down Mendenhall street in downtown Bozeman, you might find yourself craning your neck to take a look at two of downtown’s newest buildings, the Element Hotel and 5 West. Developed by HomeBase Montana, these two 5 story buildings have had a significant impact on Bozeman’s shifting skyline.

Completed in 2017, the 5 West building is home to commercial businesses, office spaces and residential units. The listing prices of the 5 West condominiums range from $327,000 - $1,797,000. With studios, one and two bedroom floor plans, the residences boast open floor plans, modern finishes and stunning views of Bozeman’s landscape. While all the 5 West units are currently either under contract or sold, a number of them are for rent starting at $1,600 per month for a studio to $3,200 for a two bedroom floor plan.

Nebo Lofts

Located on East Mendenhall, the Nebo Lofts consist of 12, 4 level townhomes ranging from 2,200 – 2,400 sq.ft with 3 bedrooms, 4 bathrooms and outdoor rooftop space. Developed by Cottonwood Partners LLC, this project was completed in 2017. Each unit has a ground level, two car garage. With clean lines, modern finishes and warm wood floors, the units have a rustic yet modern feel. The units were listed between $650,000 - $700,000 and have all been sold. Photo credit: http://www.nishkian.com.

Willson Residences

Originally the Gallatin County Free High School, the future of this historic building was on the line for many years. As the brick building started to degrade, there were plans to demolish the building as early as 1989. Yet, architects and historic preservation supporters spoke out and the future of the building remained unclear. In 2000, school officials started searching for someone who could take over and rescue the Bozeman landmark and eventually, Bridger Builders was chosen to renovate the decrepit building.

Fast-forward to 2017, when the project reached completion and the 17 upscale condominiums known as the Willson Residences were unveiled. With units listed between $500,000 and $2,107,500 all units sold, although one unit was put on the market in late 2017, and it is stunning. Click here to see more. Photo credit: www.willsonresidences.com

Hawthorne Place Condominiums 

Located just across the street from Hawthorne Elementary School and just one block away from downtown Bozeman, this project includes five 2 and 3 bedroom condominiums designed by Frank Cikan. Built to blend in with the charm of the surrounding neighborhoods, the exterior of these condominiums feature beautiful brick work along with subtle modern aesthetics. Inside, the units feature 9’ ceilings, private entrances, spacious balconies and white oak floors. Only one unit is currently on the market, listed at $649,000. Photo credit: www.hawthorneplacecondos.com.

Sobo Loft Condos

Replacing the former Pizza Hut building at 716 W. Babcock Street, the SOBO Loft project is expected to be completed in 2018 according to the Intrinsik Architecture website. With 42 one-bedroom apartments and 3,000 sq.ft of commercial space, this mixed used building sits across the street from the Haufbrau, the Scoop and the Molly Brown, otherwise known as the Barmudah Triangle. The lofts are not on the market yet and prices are pending. Photo credit: www.intrinsikarchitecture.com.

Black Olive

The Black Olive project received the green light this fall after nearly a year of tense debates between the developer Andy Holloran and local residents. The plans for Black-Olive include 47 apartments with commercial space on the ground floor. The building is slated to include 40 parking spaces in an attempt to minimize its effect on the already limited parking downtown. At the time this was written, the completion date for the project has not been set. Photo credit: www.bozemandailychronicle.com.

Northside Lofts

The Northside Lofts project will be taking the place of several dilapidated rental units, paving the way for a five-story development that will cover most of a city block between Grand and Third Avenue. The mixed-use building will include ground-floor commercial space and 41 residential units. The residences are expected to include a mix of studio, two-bedroom and penthouse units. The project's architects have focused on the importance of providing affordable housing for Bozeman residents and say that nine of the units are expected to be affordable for a family of 3 with an annual income of $64,000. Photo credit: www.bozemandailychronicle.com.

The Lark Expansion

Since opening its doors in April 2015 the Lark Hotel in downtown Bozeman has been extremely successful. With features on the Today Show, a mention in the Los Angeles Times and other national publications the colorful facade of the Lark Hotel has become a landmark in downtown Bozeman. Riding the waves of success, the Lark Hotel is now in the midst of a 4-story expansion that will include 28 hotel rooms, a ground-floor commercial space & conference room. Photo credit: www.larkbozeman.com. 

City Center Inn

After being demolished this summer, the future of this prominent main street space is still relatively unknown. South Carolina based company, Bennet Hospitality owns the land and while they have said they hope to fill the space in the next few years, they remain vague about the plans. According to the Bozeman Daily Chronicle, Bozeman business leaders have said that the company plans to build a new hotel on the site. The company owns the Homewood Suites in Bozeman and is also developing a mixed use complex on Baxter Lane. Photo credit: www.bozemandailychronicle.com. 

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