One Big Sky Center Update This Evening
KBUL Newsroom – Developers will make a special presentation to members of the Billings City Council this evening prior to their regular business meeting. The Gazette reports that the special session begins at 5 p.m., with the business meeting scheduled for 6:30 p.m. in council chambers at City Hall on N. 27th St. One Big Sky Center is expected to include a convention center, office building, hotel, apartments, retail space, parking garage and open space.
Although both the size and the cost of the skyscraper have fluctuated, it was originally proposed by MontDevCo LLC as a project with construction costs approaching $165 million. The company is conducting an in-depth study before a Dec. 11 deadline for a development agreement, which will indicate how much tax increment financing developers will seek. The study is expected to be completed some time this fall.