New Retail, Restaurant and Residential Opportunities in Big Sky Town Center

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November 3, 2015 – Big Sky, Montana – Exciting, new development continues in Big Sky with Lone Mountain Land Company breaking ground on the new 47 Town Center Avenue Building in the Big Sky Town Center. The new building will be 24,600 square feet with 8,000 square feet of retail and/or restaurant space on the street level and 16 residential units on the second and third floors. Completion is slated for fall 2016. For retail and restaurant leasing information, please contact Charter Realty & Development Corp. at www.chartweb.com or call (203) 227-2922.

47 Town Center Avenue is just one of several new projects in the new Big Sky Town Center. Recently completed buildings include and new grocery store and a medical center. For the new 47 Town Center Avenue Building, the street level will be 8,000 square feet, divisible into units as small as 1,200 square feet, for restaurant or retail tenants. On the second and third floors will be 16 residential units, 14, two-bedroom units and two, one-bedroom units.

The building will also include a basement which is unique in Big Sky, offering additional storage space for businesses and residences.

Ground work has begun on the new building with completion set for fall of 2016, in time for ski season. Adjacent to this building is expected to be a new office building with space for a café, coffee shop or retail business on street level.

“There is a lot of excitement and activity around the new Big Sky Town Center,” said Lone Mountain Land Company, CEO Mark Thorne, “With the rodeo and farmers market and concert series and ice rink and parks and trails system there is an exciting new vitality in the area that is contagious. We’re excited to be a part of it.”

The Simkins’ family of Bozeman has owned hundreds of acres in this area of Big Sky for over 40 years and is the master developer on this and surrounding lands. Bill Simkins said, “After all of these years of patient ownership, we’re excited to see all of the new activity and interest in the area for businesses and families. Families want places to go and things to do and businesses need customers. It seems it’s all coming together nicely right now.”

Lone Mountain Land Company was formed by CrossHarbor Capital Partners to manage the development and sale of premier real estate communities and associated club operations around Big Sky, Montana, including Spanish Peaks Mountain Club and Moonlight Basin. The company supports the thoughtful growth of these communities and is committed to responsible and sustainable development.