Wallace Works | A Mixed-Use Community in Northeast Bozeman

Summary: Wallace Works is a new mixed-use community in Northeast Bozeman, located at 801 N Wallace. The project is expected to offer row homes, apartments for rent, and co-living spaces. The development has been approved by the city, including tax reimbursements in exchange for adding affordable housing units to the project.

Where Is Wallace Works Being Built?

The project is under construction at 801 N. Wallace, a site with deep roots in Bozeman’s history. The property was originally home to a brewery built by the Lehrkind family in 1895, which was once the biggest building in town until the Montana State University fieldhouse was constructed.

Most of the old brewery was demolished in 2007 after a developer purchased the property. When the recession hit, redevelopment plans stalled, leaving one of the historic brewery walls standing until 2014.

This pocket of northeast Bozeman has changed a lot in recent years. What was once an overlooked corner of Bozeman is now a lively neighborhood with a personality all its own. There are several developments underway in this area, including Cloverleaf, a mixed-use residential community, Bozeman Yards, a 5-story luxury condo development, and BG Mill, a luxury condo development at the site of the old grain mill down the road. 

What Is the Current Status of the Wallace Works Development?

The project received its initial approval in 2023, and in October 2024, city commissioners approved an urban renewal deal that will provide the developers with $2 million in tax reimbursements in exchange for including below-market-rate housing units in the development.

The project is now being promoted as an "upcoming, vibrant new mixed-use community" with verbiage discussing row homes that will be for sale, as well as apartment rentals and co-living spaces. Information beyond that is limited, but we will be updating this post as we learn more.

What Will Be Included in the Wallace Works Project?

Plans for the site include a mix of housing and commercial space designed to support a walkable, community-oriented neighborhood. Current concepts include:

• Row Homes
• An apartment building with studio, one-bedroom, and two-bedroom units
• A “co-housing cluster”: four apartment units sharing a common kitchen
• Around 6,000 sq. ft. of commercial space
• An additional 2,000 sq. ft. reserved for a potential bodega or market
• A proposed restaurant

Who Is Developing Wallace Works?

The project is being led by Nest Partners, the same team behind the Lark Motel and the Rialto. In a January 2023 interview, developer Erik Nelson emphasized their commitment to preserving the character of Northeast Bozeman, saying they hope to maintain the “funkiness and grit” of the neighborhood.

“We’re doing our best from a site plan and landscaping perspective to not make it totally polished like it landed here from some other community.”

Where Can You Learn More?

• For more information on developments in northeast Bozeman, click here.
• For more information on all Bozeman developments, click here.