Local developer and promoter signs on for Riverfront Triangle project

Posted at 7:22 PM, Oct 14, 2019
and last updated 2019-10-14 21:22:27-04

The long-simmering plans for millions of dollars worth of hotel, retail, residential, and commercial development at Missoula's Riverfront Triangle are getting a new boost, with a local developer and promoter joining the project.

And Missoula leaders are being asked to approve the new partnership this week.

For the past several years, Hotel Fox Partnership has been working on plans for a new hotel at the Riverfront Triangle, the pie-shaped piece of property just west of Orange Street along the Clark Fork River. Over those years, the project has changed scope and design several times, especially after the City of Missoula asked that it include a "conference center."

More recently, the plans extended to include a larger project combining the hotel and conference center with restaurants, retail and attached residential space. But the death of one of the principle partners last winter forced the backers to re-group, getting city approval to explore additional investors earlier this year.

Now, local promoter and developer Nick Checota will ask the city for permission to take over the development rights for the hotel, conference center and parking structure from Hotel Fox Partners, and he wants to add plans for a full civic events center to the development.

Prior to launching his current business, Logjam Presents, Checota had extensive experience in real estate development.

That presentation will be considered by the city council, and the Missoula Redevelopment Agency Wednesday.