Officials Break Ground on New $5.5M Retail/Office Building at West Bank Landing in Great Falls, MT
New 33,468 square-foot mixed-use project is part of $65 million effort to revitalize 12.5-acre brownfield site along the Missouri River
GREAT FALLS, Mont., Oct. 24, 2017 /PRNewswire/ -- Developers broke ground on a new 33,468 square-foot, $5.5 million mixed-use retail/office building at West Bank Landing in Great Falls, Montana. Slated for completion in July 2018, the new building is part of a $65 million multi-phased effort led by West Bank, LLC, and supported by Great Falls Montana Development Authority, to revitalize a 12.5-acre brownfield site along the Missouri River.
"With the addition of this new office and retail space in West Bank Landing, we are making good on our commitment to transform the riverfront into a vibrant, dynamic area," says Brett Doney, president of the Great Falls Montana Development Authority.
Work began on the West Bank Landing redevelopment project in 2016 to rehabilitate land that sat empty for decades due to contamination from an oil refinery that previously occupied the location.
Other planned development includes 75,000 square-feet of retail space, more than 100,000 square-feet of office space, over 50 residential condominium units, fast-casual and full-service restaurants for residents and tourists, extensive landscaping, pedestrian walkways and access to the city's popular River's Edge Trail and West Bank Park.
The Great Falls Montana Development Authority provided a free brownfield assessment for the site, valued at over $150,000, and provided a $2.2 million bridge loan package for the cleanup and site infrastructure.
"We've moved nearly 18,000 cubic yards of contaminated soil to develop an enticing location on the riverfront for businesses, tourists and residents," says Jeremiah Johnson, marketing and promotion director for West Bank Landing.
The Great Falls Montana Development Authority has been working to revitalize the 65-acre riverfront area for more than 15 years. The economic development group assembled public and private partners and secured an EDA grant that drew business to the area and inspired investment while remedying the economic contamination of the land.
For more information, visit www.westbanklanding.com.
About the Great Falls Montana Development Authority
The Great Falls Montana Development Authority is an economic development organization in the Great Falls, MT. http://www.GFdevelopment.org
About West Bank Landing
West Bank Landing is a riverfront re-development, mixed use project being spearheaded by West Bank LLC and supported by the Great Falls Montana Development Authority. http://www.westbanklanding.com
SOURCE Great Falls Montana Development Authority
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