Wednesday, November 19, 2014 / by Jason Schaefer
More good news for the Missoula, Polson, Kalispell, and surrounding communities in Western Montana. The Confederated Salish and Kootenai Tribes have announced plans to add a $27 million expansion, plus $4.6 million in upgrades to the KwaTaqNuk Resort in Polson.
Beginning in 2015, the construction will take place and is expected to make the resort the unlike anything else in all of Montana. The hope with the expansion is that it will add 140 jobs to the local economy. Funding for the projects came from a loan through the CSKT government, with stipulations that proceeds benefit tribal schools, elder care, and other tribal services.
The Missoula area real estate market would potentially see an uptick as a result of the 140 jobs added as a result. With the resort being a 60 minute commute from Missoula, the resort is expected to attract employees from all of the North Highway 93 corridor.
Tuesday, November 18, 2014 / by Jason Schaefer
Taking into account 36 factors - including business costs, labor supply, regulatory environment, current economic climate, growth prospects and quality of life. There were 11 different sources used in compiling data for the research.
According to Forbes, Montana's economy held up better than most during the economic downturn. Recently, unemployment has hovered around 4.6%. Of note, over the past 3 years, Montanans have launched more new businesses per capita than any other state, according to the Small Business Administration. With nearly two-thirds of Montana land dedicated to agriculture and ranch land, this continues to be a major employer in the state.
The projected annual job growth is 1.2% and the annual median household income is $45,665. Overall, Montana was just behind South Carolina and ahead of Kansas.
Monday, November 17, 2014 / by Jason Schaefer
A main draw of living in Missoula are the abundant outdoor activities - both summer and winter that exist. With our early snowfall that has hit, Snowbowl is gearing up for the season. Snow machines have been active, and at this rate they are adding a foot of snow a day.
Located only 12 miles from Missoula, the ski hill offers options for skiers of all abilities. Their goal is to be open by December 5th, and with the cool temperatures expected to stay in place for the time being, their manager is confident they'll make this open date.
Friday, November 14, 2014 / by Jason Schaefer
The South end of Missoula is getting busier and busier. With Cabelas, The Boot Barn, Men's Warehouse and more already open, this is shaping up to be a great alternative for Missoulians and visitors to Reserve Street Shopping.
Restaurants have always been a bit limited for those of us living on this end of town. While there are some good ones, the options are simply limited. It's been announced that MacKenzie River Pizza, Jimmy Johns, and Noodles & Company will now be tenants in the new South Crossing. MacKenzie River Pizza currently has 2 other locations in Missoula, however, owner Lance Robinson said they were not attracting those people living on the south end of town. The new location has already broken ground and they aim to be open by April of 2015.
The 1st phase of the Missoula Crossing started in 2012 where the old Kmart was. There is more development being planned with additional tenants expected to be announced in the future. More restaurants and retail a ...
Wednesday, November 12, 2014 / by Jason Schaefer
Since 2008 the Stimson Mill in Bonner has been closed, and slowly recovering with activity of new business. The city of Bonner has obviously been impacted as a result. Harris Construction plans to build a fabrication plant on the 116 acres west of the Blackfoot River known as the West Log Yard. The rest of the area will be subdivided to create a small industrial park. A similar district was created in 2012 on the other side of the river at the old mill site itself.
The creation of the new district will not raise taxes. However, it changes the way government redistributes what it collects, meaning property tax dollars garnered through new construction can be used for improvements of infrastructure. Timing is the key factor at this point. The construction of the plant has taken all of 2014, so the district won't become official for 30 days. The goal is to have everything finalized by February 1, 2015, enabling a base year of 2014.
According to Harris Construction, they look to hire ...