Silver Bow County Census Tract 1 has been designated an Opportunity Zone by the U.S. Treasury. This designation presents a unique opportunity for development by providing federal tax incentives for the reinvestment of unrealized capital gains. These incentives are in addition to those currently offered on a state and local level.
Our designated opportunity zone in Butte encompasses our central business district and includes numerous strategic investment opportunities. These include the future home of a world-class medical training facility, numerous historic buildings and a distinct urban feel that is unique throughout the west. Along with the investment potential of the Butte opportunity zone additional grant funds are available to incentivize projects in the zone including Brownfields Assessments, Urban Revitalization Agency as well as numerous workforce incentives.
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While it’s finally starting to feel like spring outside we’ve been busy this winter working hard to help lead Butte’s economic development efforts. It’s been a big spring, highlighted by the announcement of the new Praxis Center in uptown.
The Butte Chamber of Commerce is an alliance of individuals, businesses and other organizations dedicated to the growth, economic develop-ment and enhanced quality of life in the Butte area.
Water & Environmental Technologies (WET) is a full-service civil engineering and environmental consulting firm that provides solutions for a wide range of markets with locations in Butte, Anaconda, Bozeman, and Great Falls, Montana.
With the assistance of the Butte Local Development Corporation, Montana Precision Products, LLC has been awarded $210,800.00 from the Montana Department of Commerce’s Big Sky Economic Development Trust Fund Program.