During the last recession, almost no one was building apartments in Billings. But, over the last three years, construction of rental housing has really taken off.
St. Vincent Healthcare Foundation has kicked off a $3.8 million project to install water, sewer and other improvements on half of its land at King Avenue West and Shiloh Road.
Another business is picking up and heading to Montana Avenue, an increasingly vibrant and fun street.
By the end of this year, Aldrich Lumber will follow the traditional trail of urban lumber yards: close the yard that’s been swallowed up by the city, move to the new edge of town and start over.
As he did for the Plaza 24 mini-mall on 24th Street West, Mike Stock of Stock Land Properties has mostly pre-leased the lookalike plaza he’s building at King Avenue West and South 24th Street West by Old Chicago Restaurant.
The free-wheeling days of "liar loans" and promises that a home's value can only increase ended with a crash of the American housing market that almost tripped up the entire global economy.
The man who built and then quickly leased all the stores last winter at Plaza 24, a mini-mall on South 24th Street West, is building another on the same street.