A development team selected by the city last summer to redevelop the old library block continues to conduct due diligence on the property as it explores potential uses.
Calling it a welcome investment, the Missoula City Council on Monday night approved a $24 million federal grant agreement for several downtown transportation projects now years in the making.
A new team of developers has taken interest in the Riverfront Triangle in downtown Missoula, and city leaders are cautiously optimistic that long-held plans for the site will come to fruition this time around.