BUTTE'S OPPORTUNITY ZONE
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.
In Butte, Montana Opportunity Zones are comprised of bustling technology centers and locally-owned business expansion, innovative business incubators, landmark downtown mixed-use development, and growing regional energy and infrastructure development.
Uptown Butte is characterized by densely developed streetscapes of late nineteenth and early twentieth century architecture. Multi-story commercial buildings, boarding houses, worker cottages and apartment dwellings huddle together with steel headframes and other mining structures, remnants of deep copper mining activity. In combination, these elements create a uniquely urban center in what is otherwise an essentially rural region.
Through the utilization of Tax Increment Bond Financing, Butte-Silver Bow aided in the rehabilitation and renovation of Butte High School and the acquisition of the current public library building in 1989. The total investment from Butte-Silver Bow was $1.89 million. Bond Financing was also used to finance the cost of providing 258 new parking spaces at 4 sites and renovations at the historic Arts Chateau in 1994. This funding amounted to $915,000.
Why Invest in Butte?
Current Incentives & Programs
There are various economic development tools and programs that are available to support economic development projects locally, regionally, and nationally. For more information on these programs and other economic development resources, contact a representative from the contact page.
Butte's Key Partners
These members work to fulfill the mission of advancing Butte’s economy by recruiting regional or out-of-state businesses to expand their operations to Butte, growing existing company operations, and partnering with entrepreneurs and companies of all sizes to promote job creation in the Butte community.