Bozeman Build #31

Howdy makers of Montana

Welcome back to the Bozeman Build Report covering trade related activities happening in Montana and around the Northern Rockies. This weeks drama is about ADUs, Chinook helicopters, elm trees, development code, an AI event, large septics, childcare, record rains (some towns receiving over 4 inches), safe routes, the Missoula housing market, Stillwater aftermath, cider, double wide trailers, and railroads.

Thanks again for tuning in and please enjoy the next 5 minutes covering what Montana is made of.

Keep the saw sharp and tell us what your working on,

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When, what, and who is the Bozeman Build? The BB is a 1x/week free email newsletter delivered every Monday morning focused on mountain West trades with an emphasis on Montana. We are not a financial or building advisors.

Bozeman and Montana Trade Pulse

Bozeman trade pulse

ADUs

This was a passion project that took place earlier this summer.

Montana Science Center is closing its doors. Sad, you’d think a business like that would thrive in Bozeman. Source was a board announcement email posted on reddit.

The MSU Army ROTC were flying around chinook helicopters on Friday were spotted performing field exercises.

Sep 17, 2024 - BOZEMAN — Because of disease, a 100-year-old tree is at the end of its life. But one Bozeman resident is hoping to give it another one. - KBZK

Sep 17th 2024 - Commissioners resumed discussion Tuesday night on Bozeman’s Unified Development Code, which outlines rules and regulations for development within the city. Efforts to update the city's UDC began in 2022, but city leaders paused the project last year due to lack of community knowledge. - NBC MT

Sep 18th, 2024 - New discussions are underway in Bozeman regarding impact fees for developers, particularly focusing on parking and transportation. Last week, the Community Development Board recommended that the City Commission explore adding an impact fee specifically for parking. This fee could fund the development of city parking facilities. -Montana Right Now

September 19, 2024 - Inaugural Big Sky AI Roundtable Brings Industry and Thought Leaders to Bozeman which will be held Oct. 23-24 at the historic Baxter Hotel in Bozeman, Montana. -dwealth

Sep 20, 2024 - BOZEMAN - Little Free Library teams up with Bozeman Creative Learning Center to craft a new little library - KBZK

Bozeman MT Project Portal

We previously posted projects that were “modified” within the previous 7 days (projects with updated documentation that has been in the works for sometime). We are now adding a “created” category which are projects that were made available online for the first time over the previous 7 days. All the below projects were posted on Friday Sep 20th.

  • 24083 - Building addition, parking lot build on vacant lot

  • 24463 - The Grove Apartments project consists of 6 total buildings.

  • 24474 - Demolition of the existing structure, new construction of a four-story multi-use building with commercial space

  • 24481 - Demolition of the existing single-family residence on the lot and subsequent development of a new single-family residence with a detached 2-car Garage/ADU

  • 24492 - Annexation request for 10ac parcel adjacent to the city

  • 24493 - This project is a 4 story multifamily residential building with 91residential units. The ground floor features the residential building lobby, indoor bike parking, fitness, an outdoor porch, and a dog run

Septicularly big

3 GIANT septic tanks parked North of Manhattan. Each tank holds 20,000 gallons. Not sure what the scope of the project is.

Montana trade pulse

Sep 19, 2024 - SIDNEY - Montana auctioneer and rancher receives new liver following help from community. “'I'm never gonna weaken, I guarantee you that.' - Montana Ag Network

Sep 19, 2024 - Montana faces severe childcare shortages, DPHHS rolls out new contracts - Montana Right Now

Sep 19, 2024 - Heavy rains cause flooding across parts of Montana - KBZK

Sep 20, 2024 - BILLINGS — The City of Billings is continuing to work on its Safe Routes to School project, already improving six elementary school routes, amid concerns about pedestrian safety at Billings schools. - KBZK

Sep 20, 2024 - MISSOULA - The number of homes sold in the Missoula market remains at its lowest point since the housing bubble more than a decade ago, but with this week's interest rate cut, housing officials say that could change. - KBZK

Sep 20, 2024 - COLUMBUS - Union leadership met with Sibanye Stillwater mine workers on Thursday night in anticipation of 700 layoffs announced by the company, last week. - KBZK

Sep 20, 2024 - Montana’s cider industry gets popularity boost. “Consumers are looking for cider” said Emily Ritchie, executive director for the Northwest Cider Association (NWCA). “While the overall spirit industry saw a decline in the last year, the cider industry saw considerable growth.” - Ag Update

Sep 20, 2024 - MILES CITY, Mont. – Governor Greg Gianforte yesterday cut the ribbon on NextEra Energy Resources’ Clearwater Wind Energy Center in Miles City and celebrated the company’s nearly $1 billion investment in Montana. - State of Montana Newsroom

MDT News

20240919-132509 | MDT Announces Urban Pavement Preservation In Great Falls
20240919-125710 | Project To Rehabilitate MT 35 South Of Creston Begins
20240919-074203 | Bridge Rehabilitation Near Dillon Planned For 2025
20240916-110726 | Traffic To Be Detoured Near Belt

Doublewide on the Hi-Line

Spotted in Poplar, MT on Hwy 2. Never knew that truckers would dare to transport these things in one piece!

Can holders

A trash can brace to prevent high wind trash tip overs located in Wolf Point, MT.

Laurel BNSF Train Yard

Is the largest and busiest rail yard in Montana. Montana Rail Link has owned the yard from 1987 to 2024. Burlington Northern Railroad operated it from 1970-1987, and Northern Pacific ran it prior to that, with the first recorded train stopping in Laurel in 1882. - City of Laurel History page

1) A GIANT tower of railroad rail. Not sure if this is simply a stock pile for replacing rail or if they plan to build out new tracks.

2) Container Gantry Crane typically for lifting cargo containers

Laurel train yard also receives a large volume of vehicle imports. Heres the truck with a care carrier trailer that transports the vehicles to their next leg. These trailers can hold up to 10 cars.

Commodities and Markets

Covering volatility, building materials, and commodities of the Northern Rockies prices as of Sunday Sep 22, 2024 gathered from tradingeconomics.com

September 18, 2024 - In light of the progress on inflation and the balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/2 percentage point. - Federal Reserve Statement. It will be interesting to see if this half a percentage re kindles Montana home sales and quickens time on market.

Volatility

  • Canola futures climbed above CAD 560 per ton, rebounding from a near four-year low of CAD 542

  • Sugar futures surged to $22.5 per pound. Up 19.43% last week.

  • Sunflower Oil climbed 15.40% last week up over 27% over the last 30 days.

Building Materials

Building Mats

Price

Weekly

Monthly

YoY

Copper

$4.27

2.12%

1.76%

15.75%

Crude

$71.02

1.31%

-5.11%

-19.47%

Lumber

$511.60

2.40%

-0.17%

6.81%

Steel

$3,098.00

2.01%

-0.61%

-17.76%

Montana Ag

Montana Ag

Price

Weekly

Monthly

YoY

Live Cattle

$182.58

2.84%

1.00%

-3.65%

Wheat

$570.52

-4.07%

9.77%

-0.91%

Potatoes

$30.00

-0.33%

4.17%

38.89%

Weather

6-10 Day Outlooks

More hot and dry weather sticking around the Northern Rockies based on the 6-10 day Outlooks issued by the National Weather Service.

History of the week

The Northern Pacific Railroad steamed through the Yellowstone Basin in 1883, passing the small agricultural community of Carlton. The town was renamed Laurel, and a post office opened there in 1886. - Historic Montana

Have a great week and please share what you’re working on,

Daniel