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Torrington, WY (2018)

Cobblestone Hotel Torrington

The project helps support local businessses and the downtown area ofa small town.

Investment

  • NMTC Amount: $6,830,000
  • Total Project Cost: $6,858,800

IMPACT

  • 10 FTE jobs
  • 40 construction jobs

CDEs

Investor

Project Description

The project helps support local businessses and the downtown area ofa small town. The project created 10 jobs accessible to low-income individuals. Sixteen local investors and two banks came together in a true community effort to finance the Cobblestone Hotel and Suites, led by First State Bank (a division of Glacier Bancorp). The hotel brought an economic boost and much-needed lodging capacity to Torrington when it opened in early 2019. The downtown lot where the hotel was constructed had been vacant for over a decade.

MAP

Address: 1306 Main Street, Torrington, WY 82240

Census Tract: 56015957800

Voices from the Community

If not for the NMTC, Goshen County would not have been able to recruit a new Cobblestone Hotel to Torrington.

-Lisa Miller, Goshen County Economic Development Corporation, Torrington, Wyoming

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