Wallace Works - New Development in Northeast Bozeman

Wallace Works, a new development in Bozeman's Brewery District has been approved by the city and will be getting tax reimbursements in exchange for including affordable housing units in the development. 

The Wallace Works development is proposed for a vacant lot at 801 N. Wallace. This location was originally home to a brewery that was built by the Lehrkind family in 1895. The brewery was the biggest building in Bozeman until the fieldhouse at Montana State University was built. Most of the old brewery was torn down in 2007 when a developer bought the property, but when the recession hit, development plans for the property were put on hold, and one of the brewery walls remained standing until 2014.

Now, plans are moving forward to develop the site. The Wallace Works project was originally approved by the city in 2023, and in October 2024 city commissioners approved an urban renewal deal for the project that will give the developers $2 million in tax reimbursements in exchange for including below-market-rate housing units in the development.

Plans for the project show a variety of housing types that include live-work units, an apartment building with studio, one-bedroom, and two-bedroom units and a "co-housing cluster" which would be four apartment units with a shared kitchen. There is expected to be about 6,000 sq. ft of commercial space in addition to 2,000 sq. ft for a proposed bodega or market space. A restaurant is proposed to be included in the commercial space, which would enhance the sense of community that the developers are aiming to create with development.

The developers behind the project are Nest Partners, the same developers who worked on the Lark Motel and the Rialto. In an interview in January 2023, developer Erik Nelson said that they want to maintain the “funkiness and grit” of the northeast 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.”

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

Photo credit: Photo 1: Bozeman Daily Chronicle, Photo 2: Bozeman Real Estate Group, Photo 3: N.E.N.A Bozeman

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