Gallatin Mall Group is pleased to announce that Whole Foods Market will open a new natural and organic grocery store at their mall in Bozeman, Montana – the Gallatin Valley Mall.
Whole Foods Market tagged Bozeman for its first foray into the Montana market, citing its designation by the U.S. Census Bureau as the fastest growing small city in the United States. This ranking is furthered by Policom.com, ranking Bozeman #1 of 542 Micropolitan areas in the U.S. in terms of “Economic Strength” for the past three years.
Steve Corning, Managing Member of Gallatin Mall Group, said, “Bozeman’s economic growth in recent years has been remarkable, and since the advent of COVID-19 and its negative impact on more densely-populated urban areas, we are seeing unprecedented in-migration from major urban markets as companies are making it easier for their employees to work remotely.” He continued, “Bozeman’s wide-open spaces, year-round recreational opportunities, airline connectivity, relative housing affordability, excellent public schools and the presence of a major university are factors that make Bozeman an easy destination for families seeking a major change in lifestyle.”
The Gallatin Valley Mall has been southwest Montana’s premier shopping destination for the past 40-years, serving a five-county trade area of approximately 150,000 people. Since acquiring the shopping center in 1997, Gallatin Mall Group has regularly made improvements to the property in order to better serve the needs of Bozeman’s ever-evolving market. Whole Foods Market will join Macy’s, Barnes & Noble, Regal Cinemas and JoAnn Fabrics in anchoring the 365,000 square foot center.
Gallatin Mall Group is partnering with a team of three companies to engineer and execute a comprehensive redevelopment strategy for the 37.4-acre property. Boston Realty Advisors, Grossman Development Group, and The Broadway Company – all headquartered in Boston – will bring their expertise in redevelopment, leasing and marketing to reimagine the property. Their vision will transform the enclosed mall into a more diverse mix of space to a “Main Street” retail experience via public gathering spaces and a broad mix of retail tenants that cater to daily needs as well as fashion and entertainment.
Whole Foods Market was represented by Cameron Simonsen and Lori Coburn, of Colliers International. The landlord was represented inhouse by John Morrow, Managing Member of Gallatin Mall Group, Jeremy Grossman of Grossman Development Group, and Whitney Gallivan of Boston Realty Advisors.
The specifics of Phase Two will be announced in the coming months, together with details of new retailers, restaurants, and community amenities.
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