property
Billings Launches $1.5 Billion Development Push Across Downtown, Neighborhoods
Construction initiatives totaling more than $1.5 billion are moving forward across the city with specific projects slated for completion in 2025 and 2027.
How we reported this
Over $1.5 billion in construction projects is underway or coming to Billings. This total includes a $1 billion 14-story Intermountain Health regional medical center, a $37 million veterinary medicine college at Rocky Vista University, and a $41 million Marriott hotel.
Downtown Hotel Projects
The $40 million AC Hotel Billings is a seven-story Marriott with approximately 140 rooms and a rooftop bar. It is replacing the Rockman Building downtown and is projected to complete by summer 2027. The Futurity Tower is a 12-story mass timber high-rise, the first in Montana since 1984. It is in environmental study and design at the former Yesteryears Antique Mall site with construction starting near 2025.
Residential Conversions and Additions
The Old Billings Hardware Building is being converted into 27 apartments with a target completion of summer 2025. Oldtown Flats on 23rd Street will add 36 units by summer 2025 with a second phase planned. These conversions are part of the broader pipeline of projects.
Residential Growth Locations and Home Prices
Major residential growth is concentrated in the West End with master-planned communities like Annafeld and The Nines. It is also concentrated in the Heights with new options like High Sierra and WyndStone. Median home prices are near $379,000.
The scale of activity spans hotels, medical facilities, education buildings and apartment conversions. Projects carry defined timelines such as summer 2025 completions for the apartment conversions and summer 2027 for the AC Hotel Billings. Residents and businesses can track updates through city construction project listings and local development announcements for the latest schedules and permitting details.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.