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If you’ve spent any time commuting around the valley lately, you’ve probably noticed new developments popping up all over. Many of the larger buildings are multi-family rentals. To help you navigate what is happening in our area, Knoff Group Real Estate has created a guide with a breakdown on upcoming and recently completed rental developments in the Bozeman, Belgrade, and Four Corners areas.
Newly opened or opening soon:
Belgrade
Altitude Apartments is Belgrade’s newest apartment community in Bridger Heights, located just eight miles outside of Bozeman. There are three different floorplans – Alpine, Avalanche, and Powder Top. Configurations range from a two bedroom, two bath to a three bedroom, two bath. Onsite features include a clubhouse, fitness center, and covered carports for select units.
https://www.altitudebelgrade.com/
Four Corners
Summit & Sky is a garden-style residential community featuring one-, two-, and three-bedroom apartments in Four Corners, Montana. Floorplans range from 690 square feet to 1,518 square feet. Each apartment has their own carport and additional on-site parking is available. Amenities include energy efficient buildings, an on-site outdoor park, connection to neighborhood walking trails, and a fenced community dog park. https://www.summitandskyliving.com/
Bozeman
19th and Graf Apartment Homes is a brand-new 457-unit community close to downtown Bozeman. The two and three-story garden style buildings feature one-, two-, and three-bedroom luxury apartments with various floor plans. Amenities include a refreshing spa, fitness club, community social area, and an outdoor parking lot. https://www.19thandgraf.com/
The Annex features brand-new Bozeman apartments located a short distance from the Montana State University campus. This all-new community has a selection of 134 studio, one-, two-, and three-bedroom apartments that feature open floor plans, shining new finishes, and an in-unit washer and dryer. These apartments are available as ‘workforce housing’ – accessible to residents making 80-120% of the area’s median income. Amenities include an on-site public park with pavilion, sky deck with mountain views, and covered parking. https://www.annexbozeman.com/
Located in the heart of Bozeman, Icon Apartment Homes at Ferguson Farm were just completed. The exclusive luxury community boasts 460 one-, two-, and three-bedroom units that are currently available for lease. Each apartment features open concept living areas, spacious kitchens, and private patios to unwind after a long day. Some models also include convenient direct-access garages. Community amenities are endless – a resort style pool with cabanas, club-inspired fitness center, outdoor playground, and even a dog park with agility equipment. https://www.iconfergusonfarm.com/
Millhouse is a new multi-family apartment development located directly between Norton Ranch and the future Urban Farm agrihood mixed-use community. Between Millhouse East & West, there will be 36 units and 75 parking spaces for both residents and guests. Millhouse East has been completed with a total of 18 units – all two bed, two bath averaging 1,000 square feet per unit. Additionally, each apartment has a concrete patio or deck and parcel lockers for residents’ convenience. https://www.urbanfarmbozeman.com/millhouse/
Nexus Point is currently building over 250 modern luxury apartments just south of downtown Bozeman. Phase 1 includes 120 units of two-bed units with various floorplans and 620 parking spaces. Each unit includes one carport parking space. On-site amenities will include a 10,000 square foot community building with a professional fitness center, an on-site pet spa, off-leash dog park, and resident pool. Additionally, Nexus Point is adjacent to the public Lantern Park that features climbing boulders, outdoor fitness equipment, and a dog agility course. https://nexuspointbzn.com/
The Oxbow is an 11-acre development located on the east side of South Cottonwood. The new village will feature 268 one-, two-, and three-bedroom apartments only minutes away from downtown Bozeman. This garden-style complex features spacious patios, private ground-level garages, and plenty of covered parking spaces. Community amenities range from a fitness center and yoga room, a clubroom lounge, and an indoor golf simulator. https://theoxbowbozeman.com/
Palisades Multi-Family is located off of N 25th Avenue just minutes from N 19th Avenue – close to shopping, restaurants, and amenities. Lot 5C will include a 24-unit apartment building and 20 row houses, while Lot 5B will include an 18-unit apartment building and 11 row house units. https://weblink.bozeman.net/WebLink/Browse.aspx?startid=175764
Located south of downtown Bozeman, Penrose Apartments consists of 60 one- and two-bedroom apartments with floorplans ranging from 780 square feet to 1,340 square feet. Ground-floor residences feature a walk-out patio while second and third-floor residences contain an oversized balcony. Penrose features a residence lounge, an outdoor deck with grills, co-working space for those wanting to work in the company of others, and on-site parking. https://penrosebozeman.com/
Six Range Condominiums, located off of W Babcock Street and S Ferguson Avenue will consist of eight buildings – including three apartment buildings, one commercial building, and four three-unit rowhouse buildings – totaling 192 residential units. The apartments will have 17 different floorplans with 1-, 2-, and 3-bedroom unit options. Additionally, amenities will include rooftop decks, fire pits, a pet wash, and 343 on-site parking spaces. https://www.sixrange.com/
West Side Flats are set to go up off W Babcock and Water Lily Drive. The project will feature nine buildings consisting of 138-units on a total of 8.78 acres. Each building will be no more than three floors and will have 280 off-street parking spaces. https://www.constructionjournal.com/projects/details/3d10a389bf19421189a4a9226cc70646.html
Coming soon
Belgrade
Workforce Housing – A former gravel pit in the Yellowstone Airport Plaza is being redeveloped by Charter Realty into a more than 50-acre use site. Tentative plans include hotels (one being built now), restaurants, movie theater, and workforce housing.
The workforce development will have two phases – the first expected to be completed in 2023. The first phase will feature four apartment complexes with 170 units totaling 440 beds. Units will range from one-, two-, three-, and four-bedroom layouts with onsite parking. This development will also feature three “amenity buildings”, which will include a fitness center, “co-working lounge”, pool, and dog park. The second phase will have around 280 apartments and 880 beds. https://www.bozemandailychronicle.com/news/economy/construction-begins-on-workforce-housing-project-near-airport/article_8565281a-69cf-11ed-9dc9-4fe5fc93cad5.html
Bozeman
Blackwood Groves Subdivision will consist of more than 180 single-family homes, 22 lots for townhomes, and 15 multi-family lots. “The Estates” will be 24 homesites that range in size from 5,500 to over 12,000 square feet. “The Cottages” will offer 120 detached, single-family rental homes while simultaneously taking away the typical maintenance and ownership headaches. “The Porches” will be for-sale homes that range in size from 2,100 to 2,700 square feet. Lastly, five “The Arbor Houses” will be home to 10 private rental residences, each with their own private garage. The communal Village Square will be the gathering place for friends, families, and neighbors within Blackwood Groves. https://blackwoodgroves.com/
Bozeman Gateway Apartments will be located off W Garfield Street and Harmon Stream Boulevard.There will be 231 units between the four buildings that include six studios, 115 one-bedroom units, 99 two-bedroom units, and nine three-bedroom units. Indoor amenities will include a fitness center, recreation room, conference center, and study area. Outdoor amenities will include a pool, BBQ space, and pet area. In addition, Bozeman Gateway Apartments will feature 369 off-street parking spaces. Ground construction began in August 2022 and vertical construction is expected to begin March or April of 2023. https://www.constructionjournal.com/projects/details/427f91513f34437b82a9a4db54a01856.html
Bozeman West Apartments will be located on Tschache Lane, just west of N 19th Avenue. Construction is currently underway on 216 residential apartment units spread out between six buildings. Amenities will include a clubhouse, open space, and over 350 parking spaces. https://weblink.bozeman.net/WebLink/Browse.aspx?startid=229239&cr=1
The Icon Apartments at Northwest Crossing will feature 336 multi-family luxury apartment homes located near Gallatin High School. Phase 1 will consist of one, two, and three-bedroom apartments available for lease beginning Summer of 2023. Following phases will include more than 700 residence options, including two-story single-family detached, alley loaded single-family detached, single-family auto-court clusters, three-story townhomes, and duplex homes. The master-planned community will also feature 150,000 sq ft of commercial space. https://www.nwxbozeman.com/residential
One 11 Lofts 2.0 will be located directly north of the existing 5-story One 11 building on Lamme Street in downtown Bozeman. This upcoming addition to the North Central Development project will be a 6-story multi-family residential apartment building. It will include 67 one, two, and three-bedroom units available for lease. Amenities will include a communal courtyard in the center of the two buildings as well as garage parking. https://one11lofts.com
Four Corners
A 73-acre development is currently underway on Baxter Lane. The ‘purpose built rental home community’ will feature 31 residential fourplexes that will house a total of 124 units. Each of the fourplex buildings will have 4,770 square feet of livable space spread over 12 rooms and eight and a half bathrooms. Rental options will consist of two-, three-, and four-bedroom units. Onsite amenities with include a 5,886 square foot clubhouse that will contain office space, a mailroom, gym, and more. https://www.bozemandailychronicle.com/news/county/gallatin-county-commission-to-consider-approval-of-73-acre-development/article_7cee777b-0f76-5010-a92b-53bd3b1ad23c.html
In planning – initial construction
Bozeman
Autumn Grove Condos are proposed for just east of the Gallatin County Regional Park. The developer is proposing 13 buildings – five three-plexes and eight-four plexes built on roughly 5-acres. If approved, the project would consist of 47 three-bedroom apartments with a total of 205 parking spaces. https://www.bozemandailychronicle.com/news/city/growing-closer-condos-proposed-near-county-regional-park-in-bozeman/article_3f4211cd-68d3-57b4-a68f-c4fb0d17f1e1.html
Boulder Creek Apartments “Phase One” will feature 42 two-bedroom units spread out between three buildings. “Phase Two” will consist of 48 residential units. The multi-unit residential development will be built on 2.52 acres with a total of 124 parking spaces. https://www.constructionjournal.com/projects/details/e4f903011ce1417e91495a0a539abdd4.html
Buffalo Run is a twenty-acre project site located in Southwest Bozeman. The project will feature 237 multi-family units in seven apartment buildings, eight row houses, and fourteen duplexes. Amenities will include two resort-style spas, an outdoor yoga area, community pond & garden, as well as 592 covered and surface parking spaces. If approved – construction will start winter of 2023. http://www.zerosixthree.com/new-page
The Cottages at Bozeman will be located on the SW corner of Stucky Road and S 17th Avenue. This built-to-rent cottage development will feature 256 dwelling units in a medium density area. The current zoning of this parcel is REMU – Residential Emphasis Mixed-use District. https://weblink.bozeman.net/WebLink/Browse.aspx?startid=267097
Phase 4 of the Allison Subdivision will turn 48.21 acres into 32 residential single-family homes, nine townhomes, five residential multi-household, and three restricted development lots. The site, which is located at South 11th and Arnold Street will also offer an additional entrance to Morning Star School. https://weblink.bozeman.net/WebLink/Browse.aspx?startid=173287
Located at the intersection of S 19th Avenue and Graf Street, South Range Crossing is a 75-acre master planned community that will include retail, restaurant, office, and residential units spread out between seven buildings. South Range Crossing will offer a wide variety of housing types as well as a clubhouse and pool for residents. https://providencedevco.com/southrangecrossing/
Phase 3 of the South University District is getting ready to develop a 75-acre parcel on the corner of S 19th Avenue and Kagy Boulevard near the Montana State University campus. This parcel will consist of high-density housing, commercial buildings, residential, and park space. https://www.bozemandailychronicle.com/news/city/rentals-planned-for-development-in-south-bozeman/article_1f96d166-82eb-11ed-b442-13dcb8e9e693.html
University Crossing will feature two mixed-use buildings just off of 19th Avenue and Kagy Boulevard. The two buildings will total 49,690 square feet with 59 one-bedroom units and 90 on-site parking spaces. Specifically – the north building will feature 23 one-bedroom units while the south building will consist of 36 one-bedroom units. https://weblink.bozeman.net/WebLink/Browse.aspx?startid=240532