Bozeman Build Report #28

Howdy makers of Montana

Happy Labor day and welcome back to the Bozeman Build Report covering trade related activities happening in Montana and around the Northern Rockies. Today we’re talking suits, airport news, Jarrett 45 acre subdivision, power outages, property tax delays, antler decor, trams, State grants, lumber operations, river fishing bans, Tom Miner bridge, commodities, weather, and history.

Sun Mountain logs awaiting the mill, Livingston MT

Enjoy the next 5 minutes covering what Montana is made of,

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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

Aug 26, 2024 - Developers filed suit in district court earlier this month against the city of Bozeman over the city commission’s vote to deny the Guthrie apartment building proposal. Fifth and Villard Apartments LLC alleges the commission’s denial of the Guthrie building proposal was unlawful and has asked the court to annul the vote and approve the development application. -BDC

Aug 27, 2024 - Bozeman airport expansion to be largest in Montana history. The airport handled 1.5 million passengers in 2019 and expects to handle 2.6 million passengers this year. "Overall, we expect this project to cost about 180 million dollars. It will be the largest airport project in Montana history," Sprenger says. - KZBK

Aug 28, 2024 - The Jarrett subdivision is a proposed development on 45 +/- acres of recently rezoned R-2 land just north of the Alder Creek subdivision. Of the 110 residential lots planned for this subdivision, 73 are expected to be townhomes and 37 are expected to be single-family homes or duplex lots. - Bozeman Real Estate Group

Aug 29, 2024 - A power outage impacted thousands on Wednesday, darkening neighborhoods for nearly two hours as NorthWestern Energy sought to repair an issue with a piece of equipment at a power grid substation. Around 9:40 p.m., power went out for about 12,800 customers in Bozeman. - BDC

August 29th 2024 - State backlog could let some new Bozeman construction skip next year's property taxes. - NBC MT

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 with minor updates made). We are now focusing on the “created” category which are projects that went public for the first time over the previous 7 days. Project date obtained from the Cities Online Project Access.

Name

Date Created

Description

24380

8/27/2024

construction of a new Accessory Dwelling Unit (ADU)

24380

8/27/2024

Use permit for alcohol sales in NWX Building I Suite 201

24410

8/27/2024

A Site Plan/CCOA for A Canopy Hotel

24428

8/27/2024

Annexation & Initial Zone Map Amendment ANNX.

Airport Inspirations

Longest jetway at BZN @ Gate B7

The Belgrade Build!

Burbs of Belgrade

Airport parking price hike

Effective Sep 1, Economy parking day rates at the Bozeman Yellowstone International airport will move from $10-$12/day. Premium lot A will keep at $15/day and covered lot C will increase from $20/day to $24/day.

New Economy lot prices noticed Aug 28th 2024

Ordinate Antlers

This guy was selling antler chandeliers around Bozeman throughout mid July. Noticed him parked on 19th and in Livingston.

Big Sky free form shape tram station

Montana trade pulse

Archery season begins Sep 7 and Upland bird (except pheasant) started Yesterday September 1st.

August 26 2024 - HELENA, Mont. – The Montana Department of Commerce announced today that the application period for the Economic Impact and Destination Event Grant Program is now open through Sept. 20, 2024, at midnight. - Commerce.mt.gov

Aug 27, 2024 - SEELEY LAKE — Production of new lumber products at the Pyramid Mountain Lumber mill in Seeley Lake has officially stopped. What remains now is getting the last of the product shipped out and prepping the mill for auction. 8KPAX

Aug 27, 2024 - HELENA, Mont. – With the official kickoff to fall around the corner and summer winding down, there are many opportunities for travelers to explore Montana’s open roads, less visited communities and local events across the state. List of 20 events here sourced from Commerce.mt.gov

Aug 28, 2024 - CARBON COUNTY — After a low year of honey production due to a lack of moisture, Montana apiaries are stuck trying to recover. Montana currently ranks as the fourth highest state in honey production, but this year the industry had a quieter buzz than usual. - Montana AG Network

Aug 30, 2024 - BUTTE — Montana Fish, Wildlife & Parks (FWP) announced on Friday, Aug. 30, that as of midnight, the entire Big Hole River will close to all fishing. - FWP.MT

August 30, 2024 - BILLINGS — The Billings Times has delivered news to the community for 133 years but Thursday marked the end of an era as it stopped printing the newspaper. - KTVQ

MDT News

From MDT News released last week.

20240829-090605 | Resurfacing MT 200
20240829-083134 | Stephens And Orange Street Safety Project Beginning
20240828-104213 | Safety Project Beginning On US 93
20240828-091108 | Informational Meetings US 93 Polson Somers Corridor Study
20240826-143631 | German Gulch Road Bridge Is Now Open

Sun Mountain Livingston Mill

Sun Mountain Lumber out of Deer Lodge, MT purchased R-Y Timber of Livingston in January of 2024. Operating for decades, RY Timber closed its mill in Townsend and suffered two fires at its Livingston location, partially closing it and affecting almost 70 jobs. Sun Mountain Lumber stepped in last summer and worked with R-Y Timber to purchase the mill recently. Sun Mountain Lumber, Inc. is a privately held, family-owned forest products company formed in 2004 when Deer Lodge residents Sherm and Bonnie Anderson. The acquisition was partially funded through a loan from the Montana Department of Commerce’s Wood Products Revolving Loan Program. -NBC Montana

Tom Miner Bridge update

Steel erection is complete the deck forming and river are also complete. The next step is to pour the deck and remove the forms. Project is on track to be completed ahead of schedule - Battle Ridge Builders

Replacing the Tom Miner Bridge that washed out during the June 22 Yellowstone floods

Commodities

Covering volatility, building materials, and commodities of the Northern Rockies prices as of Sunday September 1st 2024 gathered from tradingeconomics.com 

Volatility

U.S. gasoline futures fell to $2.1 per gallon in late August, reaching a nearly eight-month low as oil prices declined following news that OPEC+ will move forward with output hikes in Q4. Gasoline was down -10.09% over the last 7 days.

Steel is climbing out of its early August low of $2,832 up over 5% last week.

Building Materials

Hard

Price

Weekly

Monthly

YoY

Copper

$4.12

-2.31%

3.06%

9.15%

Crude

$73.02

-5.69%

0.10%

-15.03%

Natural Gas

$2.17

1.74%

11.59%

-17.92%

Northern Rockies Ag

Ag

Price

Weekly

Monthly

YoY

Live Cattle

$178.65

-2.15%

-4.58%

-1.20%

Wheat

$531.72

5.87%

0.85%

-11.67%

Potatoes

$29.00

0.35%

-9.94%

15.54%

Weather

6-10 Day Outlooks

Warm yet pleasant week ahead based on the 6-10 day outlooks issued by the National Weather Service.

History of the week

Logging crew for J. Neils Lumber Company at Meadow Creek, 1937. Pictured: John R. Hennesey, Bill Glass, Manley Brandenberg, and Billy Candill. Photo by Mark Schoknecht (United States Forest Service). - Montana History Portal

Have a great week and let us know what you’re working on,

Daniel Zavadil