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New Big Sky retail, restaurant and residential opportunities

in Business
Megan Paulsonby Megan Paulson
November 23, 2015

LONE MOUNTAIN LAND CO.

BIG SKY – Lone Mountain Land Company broke ground this fall on the new 47 Town Center Avenue building in the Big Sky Town Center. The new building will be 24,600 square feet with 8,000 square feet of retail or restaurant space on the street level, and 16 residential units on the second and third floors. Completion is slated for fall 2016.

The new building is one of several new projects in the Big Sky Town Center. Recently completed buildings include Roxy’s Market and Deli and the soon-to-be-finished Big Sky Medical Center.

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The street level for the 47 Town Center Avenue building will encompass 8,000 square feet, which will be divisible into units as small as 1,200 square feet, for restaurant or retail tenants. The 16 residential units on the second and third floors will divided into 14, two-bedroom units and two, one-bedroom units.

The building will also include a basement, which is unique in Big Sky, offering additional storage space for businesses and residences. A new office building is anticipated to be adjacent to 47 Town Center, and will have space for a café, coffee shop or retail business on the street level.

“There is a lot of excitement and activity around the new Big Sky Town Center,” said LMLC CEO Mark Thorne. “With the rodeo and farmers market and concert series and ice rink and parks and trails system there is an exciting new vitality in the area that is contagious. We’re excited to be a part of it.”

The Simkins’ family of Bozeman has owned hundreds of acres in this area of Big Sky for more than 40 years, and is the master developer on this and surrounding land.

“After all of these years of patient ownership,” Bill Simkins said, “we’re excited to see all of the new activity and interest in the area for businesses and families.”

Lone Mountain Land Company was formed by CrossHarbor Capital Partners to manage the development and sale of premier real estate communities and associated club operations around Big Sky, including the Spanish Peaks Mountain Club and Moonlight Basin. The company supports the thoughtful growth of these communities and is committed to responsible and sustainable development.

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