missoula redevelopment agency

A team of local developers in partnership with the city on Tuesday announced plans to construct nearly 200 units of affordable housing on property the city purchased from Montana Rail Link eight years ago.

Mike Nugent writes, "TIF and the MRA are powerful tools for Missoula’s economic development and public infrastructure, not a catch-all funding source for every city challenge."

The measure would require the City Council to approve any project considered by the Missoula Redevelopment Agency that's valued at more than $50,000.

The Missoula Redevelopment Agency on Monday released a request for proposals, seeking a qualified consulting firm to begin gathering public input regarding the 8-acre property's future use.

A number of properties owned by the City of Missoula could be redeveloped in a public-private partnership to help meet its goals around housing and commercial growth.

Over the last five years, the Missoula Economic Partnership has emerged as one of the city's strongest economic development arms in its work to expand Missoula's tax base, grow and retain businesses, and help the city achieve its redevelopment goals.

A Northside housing project set for construction in the coming weeks will gain one additional income-restricted condominium under an agreement approved by the Missoula Redevelopment Agency on Thursday.

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.

With one of the city's urban renewal districts set to expire in the coming years, the Missoula Redevelopment Agency is working to complete a number of priorities, including the completion of water mains and sidewalks.

After years of waiting for the private market to redevelop 10 prime acres of real estate near Southgate Mall, the city may look at buying the property and redeveloping it on its own.