Bozemans Rainbow Motel Reborn as RSVP Motel

Bozeman,
MT
(2017)

Bozemans Rainbow Motel Reborn as RSVP Motel

Business Development, Rural

A motel underwent a massive renovation and reopened Wednesday, July 11, 2018, as RSVP Motel, a new boutique motel that has contributed to the ongoing revitalization of North Seventh Avenue in the Midtown section of Bozeman.

Investment

NMTC Amount: $9,500,000
Total Project Cost: $9,557,446

IMPACT

24 FTE jobs
40 construction jobs

CDEs

Mofi

Investor

Unknown

Voices from the Community

The NMTC credit’s are one of the only economic development tools in Montana that catalyzes projects that create jobs and critical socio-economic services for our citizens most in need.

-Chris Naumann, Executive Director, Downtown Bozeman Partnership, Bozeman, Montana

Project Description

The longstanding Rainbow Motel has undergone a massive renovation and reopened Wednesday, July 11, 2018, as RSVP Motel, a new boutique motel that will contribute to the ongoing revitalization of North Seventh Avenue in the Midtown section of Bozeman.

The 1950s-era Rainbow Motel, previously operated as a budget motel, was sold to the Folkvords in 2016. The renovation has transformed the property and an adjacent building into an independently operated boutique motel with 37 rooms and suites, an onsite café named The Farmer’s Daughters, and an outdoor pool. The most recent addition to the plans for the property is a collaboration with Missoula entrepreneur Nick Checota for a 1,500-seat concert venue. The concert venue opened in 2019.

MAP

Address: 510 North Seventh Avenue, Bozeman, MT 59715

Census Tract: 30031000701

PDF Profile

Other Montana Projects

Poverello Center

Missoula,
MT
(2013)

Community, FQHCs, Healthcare, Shelters and Community Food, Veterans Services

CDE(s): Mofi

NMTC financing for the Poverello Center, Missoula’s only emergency homeless shelter, faced a critical need.

Billings Family Service

Billings,
MT
(2017)

Adult Education, Behavioral Health, College or Vocational Training, Community, Daycare and Early Childhood, Healthcare, Shelters and Community Food, Youth and Families

CDE(s): Mofi

Family Service, an assistance organization for low-income families and seniors, has made the move to the South Side and a larger headquarters. The organization just closed on its new 57,000-sq.

Great Falls Rescue

Great Falls,
MT
(2015)

Adult Education, Behavioral Health, College or Vocational Training, Community, Disaster Recovery, FQHCs, Healthcare, Restaurants and Catering, Retail and Commercial, Shelters and Community Food

CDE(s): Mofi

After standing vacant for nearly a decade, the final lot leveled by a 2009 natural gas explosion is bringing new community benefits to downtown Bozeman.

Fort Peck Wellness Center

Poplar,
MT
(2021)

Community, Daycare and Early Childhood, Healthcare, Recreation, Youth and Families

CDE(s): Mofi

The project is a new 51,000 sq. ft. health clinic and recreation center focused on increasing the life expectancy for tribal members.