Bozemans Rainbow Motel Reborn as RSVP Motel

Bozeman, MT (2017)

Bozemans Rainbow Motel Reborn as RSVP Motel

Business Development, Hotels and Tourism, 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