US Edition
Missoula City Council approves $4 million Riverfront Triangle sale
MISSOULA COUNTY, MONTANA, JUL 22 – The project will generate about $7 million for the Affordable Housing Trust Fund and create 200 jobs, revitalizing a long-idle city-owned lot in downtown Missoula.
- On July 21, 2025, Missoula City Council approved selling the Riverfront Triangle Fox site, voting unanimously for $4 million to Averill Hospitality.
- Despite past failures as recently as 2019, the Riverfront Triangle site has been a long-idle parking lot, with all sale proceeds allocated to the Affordable Housing Trust Fund.
- The redevelopment will include a roughly 180-room hotel with potential condos, and infrastructure funded via Tax Increment Financing.
- Members of the public largely supported the sale for its tourism and job benefits, an estimate of 200 new jobs, and councilors deemed the deal a game-changer for the urban core.
- In the coming months, Averill Hospitality will engage the public on plans and the city may repurchase the land if construction stalls for five years.
Insights by Ground AI
Does this summary seem wrong?
38 Articles
38 Articles
FOX 28 Spokane+35 Reposted by 35 other sources
Missoula City Council approves sale of Riverfront Triangle Fox Site
MISSOULA, Mont. – Missoula City Council approved the sale of the Riverfront Triangle Fox site to Averill Hospitality on July 21. This long-awaited decision will transform the plot into a vibrant new hotel. Located nearby the intersection of N Orange Street and W Front Street in downtown Missoula, the land has been mostly unused for
Missoula City Council approves $4 million Riverfront Triangle sale
Council approved selling the city-owned Riverfront Triangle parcel for $4 million to Averill Hospitality, which owns Montana resort properties like the DoubleTree in Missoula and The Resort at Whitefish Lake.
·Missoula, United States
Read Full Article
Coverage Details
Total News Sources38
Leaning Left4Leaning Right5Center10Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 21%
C 53%
R 26%
Factuality
To view factuality data please Upgrade to Premium
