Stay updated with breaking news from Ravara Development. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Cost estimates for a housing development on city-owned land off Scott Street should soon be clear enough to determine price points and financing, the city said.
The rezone increases the building height to 65 feet, or roughly one story, to provide 224 dwelling units.
Subsidies in Montana are limited and the cost of land, materials and labor continue to rise, making affordable housing an elusive target.
Creating affordable housing without subsidies is growing increasingly difficult in Missoula and across the state, and some developers are looking to provide a blend of housing types to touch on a wider range of price points.
Details emerge in Scott Street housing project; design contract ready Missoula Current file As proposed, roughly half of the 19-acre property owned by the city will be developed into a mix of housing types. The other half will be used to consolidate a number of city services, thus freeing up other city properties for future redevelopment. and last updated 2021-04-16 17:18:32-04 MISSOULA â With an agreement notched for an attainable housing project planned off Scott Street, the Missoula Redevelopment Agency on Thursday approved $226,000 to fund the planning effort needed to put the develo...