Great Falls Rescue

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.

Investment

  • NMTC Amount: $10,189,000
  • Total Project Cost: $10,967,595

IMPACT

  • 4 FTE jobs
  • 70 construction jobs
  • Project includes a Federally Qualified Health Center.
  • 33,000 sq. ft. of real estate

CDEs

Investor

Voices from the Community

The NMTC mean the world to us as an organization as we couldn’t have built a new Family Center without NMTC funding.

-Jim McCormick, Executive Director, Great Falls Rescue Mission, Great Falls, Montana

Project Description

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. The new Osborne Building at 233 E. Main St. is an innovative reflection of Bozeman’s modern economy, with restaurant space, rental office space for nonprofits that serve low-income communities, and flexible office space for startups and small businesses. The concept for the new 33,000 sq. ft. building was developed by local businessmen Bryan Klein, Casey Durham, Chad Bottcher and Jamie Bottcher, who wanted to find a solution for the lot that would not only address a longstanding vacancy but also help meet community needs.

MAP

Address: 408 Second Avenue South, Great Falls, MT 59405

Census Tract: 30013000700

PDF Profile

Other Montana Projects

This mixed-use development fills the last vacant downtown lot following a 2009 gas explosion and will lease space to two restaurants with numerous accessible jobs.
Financing for a new government administration building on the Fort Peck Reservation.
After a mudslide destroyed a health center, NMTC financing supports its replacement for the Chippewa Cree Tribe.

Little Big Horn College, the higher education institution of the Crow (Apsáalooke) Tribe of Indians, used $8.8 million in NMTCs provided by Travois New Markets and more than $2.3 million