MISSOULA — The Missoula Redevelopment Agency on Thursday authorized a request from RBH Investments to aid fund renovations to the outdated Fat Cat Pizzeria building, which are expected to value more than $2 million.
MRA’s contribution incorporates roughly $73,000 for facade updates and advancements to the general public correct of way. The renovations will provide numerous new jobs into the facility, which has sat vacant now for several years.
“It was created in the 1970s and aesthetically is extremely dated,” reported MRA task supervisor Annette Marchesseault. “The applicant is carrying out a intestine renovation. The renovation will individual the creating into two independent organizations.”
One particular part of the constructing will residence Horizon Credit history Union, marking its second site in Missoula. A cafe is proposed for the other 50 %.
Nevertheless, Marchesseault reported a tenant has not been secured.
“There is some patio house that would properly accommodate a cafe. But they never however have a tenant,” she mentioned.
Brent Reimer of RBH investments explained the financial commitment represents an opportunity to keep on the advancements taking spot in the Brooks Street corridor and Midtown district.
Horizon Credit score Union secured half the making, and Reimer hopes to find a cafe to make use of the remaining area, indicating it would be a great in shape provided the locale.
He’s operating with Sterling Business Real Estate in Missoula to uncover a tenant.
“Because it is gutted suitable now, it is hard to present it to any probable shopper at this level,” claimed Reimer. “We’ve had a few serious inquiries about it. I’m hoping to get a little cafe in there. It would be a neat minor area for that.”
A amount of other renovations have taken place together the Brooks Road corridor, like the new Dairy Queen and Les Schwab Tire. The Massive Dipper invested in renovations to its Midtown locale, as did Bridge Pizza.
A variety of other tenants have adopted go well with or expressed fascination in the region. The metropolis is performing to finalize renovation strategies for the Brooks Road corridor by itself, which could see a center-jogging bus and and transit-oriented enhancement.
“The development of redevelopment in this spot is a indicator that your job may perhaps encourage an additional,” mentioned MRA board member Ruth Reineking.