In 2010, Belgrade had around 7,389 residents; as of last year, that number has grown to 8,254— a 10.5% population increase in just six years, and probably even more now that we’re in the 3rd quarter of 2017. Many of these residents were priced out of the market when looking to purchase a home in Bozeman city limits.
In a report released by Prospera Business Network, the average price for a 2,400 square-foot home in Bozeman on an 8,000 square-foot lot was $367,241. In Belgrade, the average price for a single-family home is $291,382. At the beginning of the summer, the price was about $260,000.
What Preparations Are Being Made For This Growth?
Plans to improve downtown, alleviate the city’s transportation problems and buy more land to build additional schools are already underway.
The Belgrade City Council is creating a special tax district downtown, with its purpose being to produce a new revenue stream to finance this project (among other infrastructure upgrades), rather than asking residents to borrow the money. The council hopes that after improvements are made, new businesses will be attracted to the area. Here are the 5 areas downtown that need the most improvement:
- Poorly designed parking lots
- Unsafe conditions
- Deteriorating buildings
- Deteriorating infrastructure
- Defective street layouts
As far as starting to fix current traffic problems, the city of Belgrade is working with the Montana Department of Transportation. So far, a website has been developed to gather comments on road conditions from drivers, cyclists and pedestrians. All input will be taken into consideration when deciding where and how to begin solving this problem.
Belgrade High School set an enrollment record this year with 917 students, and the population for the whole school district this year is 3,406— 5% more than last year. The school district is now looking to purchase anywhere from 12 to 200 acres to build two possible new schools, while still having plenty of space for sports practices and games.
Most phases of these plans are expected to take between 6 and 7 years until completion. With Belgrade expanding so quickly, it only makes sense that the city council is already preparing not only for future growth, but the current population and its present needs.