Urban + Farm | Offering Memorandum | Outlaw Realty

URBAN + FARM

4 0 6 . 5 8 9 . 6 2 4 7 | E J @ O U T L A W . R E A LT Y

W W W. U R B A N FA R M B OZE M A N .CO M

URBAN+FARM E XECUTIVE SUMMARY

URBAN

At 106± acres, Urban + Farm is a vibrant, visionary mixed-use community designed to anchor West Bozeman and redefine what it means to live, work, and thrive in Southwest Montana.

Through sustainable, connected, and active living, the Urban + Farm community blends residential, commercial, and agricultural elements with a dedication to open space.

This holistic environment will serve not only residents and tenants but the greater Bozeman community.

A keystone for Bozeman’s westward expansion, Urban + Farm is already making an impact. Outlaw Real Estate Partners (OREP) has successfully completed and leased Millhouse East + West: 36 modern, two-bedroom apartments, and The Grange: 16 detached single-family homes and 6 rowhomes.

The remainder of the project’s horizontal infrastructure is being delivered by OREP, ensuring future development phases are ready for construction and delivery. Throughout the process, Cushing Terrell’s visioning and planning along with KTGY’s massing and building studies have been instrumental in enhancing the vision of Urban + Farm.

EXECUTIVE SUMMARY | URBAN + FARM 2

EXECUTIVE SUMMARY

2

LOCATION

4

BOZEMAN - AREA OF FOCUS

6

MASTER PLAN

8

COMMUNITY AMENITIES

10

PROJECT ZONING

14

DEVELOPMENT OFFERINGS

15

COMPLETED

31

OUTLAW TEAM

34

LOCATION MAP • 6 MINUTES TO MONTANA STATE UNIVERSITY

• 7 MINUTES TO FOUR CORNERS

FRANK RD

• 8 MINUTES TO DOWNTOWN BOZEMAN

BOZEMAN CITY LIMITS

• 2 0 MINUTES TO BOZEMAN

YELLOWSTONE INTERNATIONAL AIRPORT

• 3 0 MINUTES TO BRIDGER BOWL SKI AREA

• 1 HOUR TO BIG SKY RESORT • 1 .5 HOURS TO YELLOWSTONE NATIONAL PARK

LOCATION | URBAN + FARM 4

FALLON STREET: ~5,130 VEHICLES/DAY

JACKRABBIT LN.

VICINIT Y MAP

90

160-Acre Proposed Mixed-Use Including 150K SF Commercial

E. BAXTER LN.

MONFORTON SCHOOL

FOUR CORNERS

BOZEMAN CHILDREN'S ACADEMY

GOOCH HILL RD.

Headquarters

90

GALLATIN HIGH SCHOOL MEADOWLARK ELEMENTARY SCHOOL

± 108 ACRES OF PROTECTED OPEN SPACE

250 Jobs

19TH AVE.

PETRA ACADEMY HIGH SCHOOL

S. COTTONWOOD RD.

BLACK BULL

LOVE LN.

230 Jobs

BOZEMAN SPORTS PARK 80 Acres

Headquarters

DURSTON RD.

THE MARKET AT FERGUSON FARM

GALLATIN VALLEY MALL $50 Million Redevelopment Planned

HYALITE ELEMENTARY SCHOOL

DOWNTOWN BOZEMAN

Under Construction

Headquarters

Headquarters

HUFFLINE LN.

Headquarters

MIDDLE CREEK MONTESSORI

Headquarters

In Development

MSU INNOVATION CAMPUS 42 Acres

1,000+ Jobs MONTANA STATE UNIVERSITY 16,688 Students 5,000+ Jobs

500 Jobs

LOCATION | URBAN + FARM 5

BOZEMAN - ARE A OF FOCUS

POPU L ATION (2025 GROW TH ESTIMATE)

URBAN

5,645

7-MILE

POPULATION: 1-MILE RADIUS

30,468

5-MILE

POPULATION: 3-MILE RADIUS

60,458

POPULATION: 5-MILE RADIUS

73,248

POPULATION: 7-MILE RADIUS

129,386 GALLATIN COUNTY TOTAL POPULATION

307,068

POPULATION: 100-MILE RADIUS (WEST YELLOWSTONE, BUTTE, LIVINGSTON, THREE FORKS, BIG SKY)

AREA OF FOCUS | URBAN + FARM 6

3-MILE

1-MILE

URBAN + FARM

BOZEMAN - ARE A OF FOCUS

FUTURE DE VELOPMENT OUTLOOK - WEST BOZEMAN

URBAN

2,274

TOTAL DOORS IN PIPELINE

Major Residential Projects • Northwest Crossing • Six Range Condos • Norton Ranch • Oxbow Commercial Projects • Ferguson Farm • Everhome Suites Hotel • GV Mall Redevelopment • MSU Innovation Campus

1,238

9,269

22% APT | 27% CONDO | 51% SFH

47% RENTERS | 46% OWNERS

DOORS IN CONSTRUCTION

EXISITING DOORS

NORTH WEST CROSSING 862

NORTON RANCH 228

SIX RANGE 193 FERGUSON FARM

URBAN + FARM

GV MALL REDEVELOPMENT

EVERHOME SUITES HOTEL FALCON HEIGHTS 10

OXBOW 36

MSU INNOVATION CAMPUS

AREA OF FOCUS | URBAN + FARM 7

URBAN + FARM MASTER PL AN

URBAN

PA = PLANNED AREA

PHA SE 1

PA-1 PA-2

PA-9 PA-8

MAYFLY PA-2 3

LOT 1

MILLHOUSE

THE GRANGE

PA-10

PA-12

PA-20

PA-21

PA-18&19

PA-27

PA 24

PA-13 PA-2 9

PA-4

MASTER PLAN | URBAN + FARM 8

PA-15

PA-32

PA-30

URBAN + FARM L AND USE SUMMARY

URBAN

63.2± ACRES OF DEVELOPABLE LAND 16.2± ACRES OF PARKS & OPEN SPACE 4.3± ACRES OF COMMUNITY AMENITIES

Community Amenity 4.90%

Developable Land 59.05%

3.6± ACRES OF DEVELOPER EXECUTED RESIDENTIAL 18.4± ACRES OF RIGHT-OF-WAY 106± ACRES IN TOTAL

Parks & Open Space 17.90%

Right of Way 18.15%

MASTER PLAN | URBAN + FARM 9

PROPERT Y HIG HLIG HTS

URBAN

• Bozeman’s premier mixed-use community spanning 106± acres blending urban connectivity with Gallatin Valley’s rich agricultural heritage • Delivering shovel-ready infrastructure and construction-ready pad sites • Premier visibility and exposure along Huffine Lane – the county’s most heavily traveled road with traffic volumes exceeding 30,000 vehicles per day, with estimates of over 40,000 cars in the next few years • Flexible land plan with a variety of land offerings, including: • Residential: detached and attached single-family homes • Residential: multifamily, affordable, and age-restricted housing

COMMUNITY AMENITIES | URBAN + FARM 10

• Commercial office, retail, civic, and hospitality • Build-to-suit options • Fee simple commercial or residential pads for sale

URBAN + FARM COMMUNIT Y AMENITIES

URBAN

At the core of Urban + Farm’s community vision is a deep commitment to quality of life and connection to nature. The recreation center embraces the Montana lifestyle with spaces for year-round fitness and activity, fostering health and social connection.

More than 15% of the Urban + Farm community is preserved as open space, including parks, trails, a pond, and natural buffers. This thoughtful integration of green space, walkability and bikeability not only enhances beauty and livability but also strengthens the bond between built and natural environments—making Urban + Farm a truly balanced, future-ready community.

Parks & Open Spaces Community Recreation Pond Stunning Mountain Views Hiking & Biking Trails Recreation Center Fire Station Shopping & Dinning

COMMUNITY AMENITIES | URBAN + FARM 11

ACCESSIBILIT Y

URBAN

Bozeman International Airport is a gateway to Montana’s majestic natural wonders and a premier travel destination in its own right.

With its stunning mountain backdrop and friendly small-town atmosphere, the Bozeman airport offers a unique and memorable travel experience.

The airport is conveniently located just 8 miles northwest of downtown Bozeman. It is served by several major airlines, including Delta, United, American, Alaska and Allegiant, which offer direct flights to major cities across the United States, including Los Angeles, Seattle, Denver, Dallas and Minneapolis.

Bozeman Yellowstone International Airport has non-stop flights to 24 U.S. markets and connections all over the world

COMMUNITY AMENITIES | URBAN + FARM 12

SOUTHWEST MT RECRE ATION

URBAN

Bozeman, Montana offers a wide range of recreational activities that cater to people of all ages and interests. Here are some popular options: Hiking and biking: Bozeman is surrounded by mountains and hiking trails.

You can explore the popular M Trail or hike to the summit of Sacajawea Peak. Additionally, there are several mountain biking trails in the area, including the Bangtail Divide Trail.

Skiing and snowboarding: Bozeman is close to several world-class ski resorts, including Bridger Bowl and Big Sky Resort. These resorts offer skiing and snowboarding opportunities for all skill levels.

Fishing: Bozeman is known for its world-class fly fishing. You can fish in the nearby rivers and streams for trout, bass and other fish species.

Rafting and kayaking: The nearby Gallatin River offers exciting whitewater rafting and kayaking opportunities.

Golfing: Bozeman has several golf courses that are open to the public, including the Bridger Creek Golf Course and Cottonwood Hills.

Cultural and historical attractions: Bozeman is home to several museums, including the Museum of the Rockies and the American Computer & Robotics Museum. Additionally, you can explore the historic downtown area and visit the Gallatin County Courthouse.

Parks and gardens: Bozeman has several parks and gardens that offer a peaceful respite from the hustle and bustle of the growing city. The Montana Arboretum and Gardens and the Bozeman Sculpture Park are popular destinations.

These are just a few of the many recreational activities available in Bozeman. The city’s natural beauty and proximity to outdoor activities make it a popular destination for outdoor enthusiasts all within minutes of Urban + Farm.

COMMUNITY AMENITIES | URBAN + FARM 13

URBAN + FARM ZONING

URBAN

The majority of Urban + Farm is zoned B-2M – Community Business District – Mixed, with a few pockets zoned R-5 – Residential Mixed-Use High Density District, R-4 - Residential High Density District, and REMU - Residential Emphasis Mixed-Use District.

R-5

R-4

REMU

REMU

B-2 M

ZONING | URBAN + FARM 14

DEVELOPMENT OFFERINGS

PHASE 2 OFFERINGS | URBAN + FARM 15

URBAN + FARM 15

PL ANNING ARE A 1

URBAN

PA-1 is a 4.4-acre site in the northwest corner of Urban + Farm, offering frontage on Fallon and western views toward conservation land and a park.

INFO: 4.4± Acres Zoning: REMU and B-2M

PA-1

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PHASE 2 OFFERINGS | URBAN + FARM 16

PL ANNING ARE A 2 & 8

URBAN

PA-2 is a 5-acre site in the southwest corner of Urban + Farm with over 1,000 feet of linear park frontage and access on three sides.

PA-8 is a 4.6-acre high-visibility site along Huffine and Laurel Parkway with over 1,000 feet of linear park frontage.

INFO: 9.6 ± Acres Zoning: B-2M

PA-2

PA-8

PHASE 2 OFFERINGS | URBAN + FARM 17

URBAN + FARM 17

PL ANNING ARE A 4

URBAN

PA-4 is under contract and represents a highly visible 6.8acre site located at the corner of Huffine Lane and Laurel Parkway. Future plans include a blend of market-rate and affordable housing, along with ground-floor commercial space, reinforcing the communities integrated, inclusive character.

INFO:

EXISTING PLANS:

Multifamily

125 Market Rate Apartments

6.8± Acres

125 Affordable Apartments

Zoning: B-2M

10,000 Sqft Ground-Floor Commercial Space

Status: Under Contract

URBAN + FARM 18

PA-4

PHASE 2 OFFERINGS | URBAN + FARM 18

PL ANNING ARE A 9

URBAN

PA-9 is a 3.6-acre site with Laurel Parkway frontage, access on three sides, and adjacent open space running north-south.

INFO: 3.6± Acres Zoning: B-2M

PA-9

PHASE 2 OFFERINGS | URBAN + FARM 19

PL ANNING ARE A 10, 12 & 13

URBAN

PA-10 (1.1± acres), PA-12 (1.1± acres), and PA-13 (5.7± acres) are centrally located within Urban + Farm, offering premier opportunities for medium-density residential or mixed-use development. Ideally positioned just one block from Urban + Farm’s central park and close to key community amenities, these parcels are well-suited for attached single-family and multifamily housing.

INFO:

EXISTING PLANS:

Status: Under Contract

294 Total Apartments

Attached Single-Family & Multifamily

20 Attached Single-Family Homes

8.1+/- Acres Zoning: B-2M

PA-10

PA-12

PA-13

PHASE 2 OFFERINGS | URBAN + FARM 20

PL ANNING ARE A 15

URBAN

PA-15 consists of three distinct commercial parcels along Huffine Lane, each offering high-visibility development opportunities: PA-15A for a grocery store, PA-15B for mixed-use, and PA-15C for medical and professional services.

INFO: 6.8± Acres Zoning: B-2M CONCEPTUAL USE PLAN Financial Service / Banking Veterinary / Medical Services

Banking/ Financial Services

PA-15 Veterinary/ Medical Services

Grocery

Grocery Store

PHASE 2 OFFERINGS | URBAN + FARM 21

PL ANNING ARE A 18 & 19

URBAN

Located directly north of the Urban + Farm Central Park, PA-18 and PA-19 offer excellent development potential in a central location.

With south-facing park frontage and integrated access, these parcels provide natural orientation toward open space and are well positioned for housing types that benefit from views and community amenities.

INFO: 1.5± Acres Zoning: B-2M

PA-18&19

PHASE 2 OFFERINGS | URBAN + FARM 22

PL ANNING ARE A 20

URBAN

PA-20 is a well-located parcel within Phase 2 of Urban + Farm, positioned just south of The Grange. With planned road connections and proximity to other residential offerings, this site supports the next phase of neighborhood development, offering flexibility in home design and integration into the larger streetscape and trail network.

INFO: 1.6± Acres Zoning: B-2M

PA-20

PHASE 2 OFFERINGS | URBAN + FARM 23

PL ANNING ARE A 21 & 23

URBAN

Located in the northeast corner of Urban + Farm, PA-21 offers 2.5 acres of land. The site features park frontage to the north and direct access to the Baxter Creek wetlands and nature trail to the east, making it a strong candidate for nature-oriented residential development within the community.

PA-23 offers 1.01 acres of prime development land in the northeast corner of Urban + Farm, positioned directly along Fallon Street for easy access and visibility. The site is adjacent to expansive open space and trail networks, making it ideal for residential or community-oriented development that prioritizes connectivity and outdoor access.

PA-21 INFO:

PA-23 INFO:

2.5± Acres

1.01± Acres

Zoning: B-2M

Zoning: B-2M

PA-2 3

PA-21

PHASE 2 OFFERINGS | URBAN + FARM 24

PL ANNING ARE A 24

URBAN

PA-24 is a unique opportunity to deliver affordable housing within Urban + Farm. This 0.9-acre site is located along Baxter Creek and connects directly to the nature trail system, providing future residents with recreational access and walkable connections to nearby amenities. The site aligns with the community commitment to accessible, sustainable development.

INFO: 0.9± Acres Zoning: B-2M

PA24

PHASE 2 OFFERINGS | URBAN + FARM 25

PL ANNING ARE A 30

URBAN

PA-30 is a mixed-use site with a 80-key boutique hotel concept in the northern section and highly visable retail, commercial or office space on the southern portion directly along Huffine Lane.

INFO: 4.9± Acres Zoning: B-2M EXISTING PLANS: 80-Key Boutique Hotel 20,000-30,000 Sqft of Commercial

PHASE 2 OFFERINGS | URBAN + FARM 26

PA-30

PL ANNING ARE A 32

URBAN

Situated at the heart of the Village Core, PA-32 spans 1.6 acres and is envisioned as a central gathering space for the Urban + Farm community. With potential for retail, restaurants, and flexible community-focused uses, the site offers strong visibility and foot traffic. Its location adjacent to residential neighborhoods and along primary pedestrian routes makes it a natural hub for activation, events, and day-to-day activity—supporting the development’s commitment to walkable, vibrant mixed-use living.

INFO: 1.6± Acres

PA-32

Zoning: B-2M 22,000 – 30,000 Sqft of Commercial

PHASE 2 OFFERINGS | URBAN + FARM 27

LOT 1

URBAN

Lot 1 is a 1.40± acre site south of Mayfly, ideally suited for higher-density residential development. Conceptual plans include 33 residential units in three- and four-story layouts, featuring retail space and adaptable floor plans to accommodate a range of housing needs.

INFO: Status: Preliminary Plat Approved 1.4± Acres Zoning: B-2M TUCK UNDER AND SINGLE STALL PARKING WITH COMMERCIAL SPACE

EXISTING PLANS Multifamily

FALLON STREET

33 Units

LOT 1

3 BR

1 BR

2 BR

UTILITY

LAUREL PARKWAY

24 Units/Acre

STORAGE /TRASH

2 BR

2 BR

1 BR

2 BR

3 BR

3 BR

MECH /UTILITY

3 BR

2 BR

N LEVEL 02/03

URBAN + FARM 28

des

PHASE 1 OFFERINGS | URBAN + FARM 28

MAYFLY

URBAN

Mayfly is a 5.48± acre residential development site within Urban + Farm, offering a flexible mix of 62 triplex, duplex, and townhome units. Designed to meet the evolving housing needs of Bozeman, these units can be marketed as for-sale or for-rent, providing versatility for both developers and future residents.

INFO: Status: Preliminary Plat Approved 5.48± Acres Zoning: R-4 EXISTING PLANS Attached Single-Family 62 Units 11 Units/Acre

MAYFLY

PHASE 1 OFFERINGS | URBAN + FARM 29

URBAN + FARM 29

PHASE 1

URBAN

Phase 1 at Urban + Farm is an exceptional opportunity to be part of Bozeman’s west-side growth. Covering 8.72± acres, this phase includes 64 residential units, featuring 21 single-family homes and 43 multifamily residences. With its prime location near all that Bozeman’s west side has to offer including access to parks, trails, schools, and shopping, Phase 1 offers residential builders an unparalleled investment opportunity in a thoughtfully planned mixed-use community.

INFO: Status: Preliminary Plat Approved 8.7± Acres Zoning: R-5 EXISTING PLANS Detached & Attached Single-Family 64 Units 7 Units/Acre

PHASE 1

URBAN + FARM 30

PHASE 1 OFFERINGS | URBAN + FARM 30

COMPLETED PROJEC TS

COMPLETED PROJECTS | URBAN + FARM 31

URBAN + FARM 31

MILLHOUSE E AST + WEST

URBAN

Millhouse at Urban + Farm is a newly completed apartment community featuring 36 two-bedroom, two-bathroom residences.

With modern interiors, pet-friendly units, and convenient access to shopping, dining, and recreation, these apartments offer a superior rental experience in Bozeman’s west side.

INFO: 1.5± Acres COMPLETED Multifamily 36 Units 25 Units/Acre

MILLHOUSE APARTMENTS

URBAN + FARM 32

COMPLETED PROJECTS | URBAN + FARM 32

THE G R ANG E

URBAN

The Grange at Urban + Farm offers spacious two- and threebedroom rental homes with high-end finishes and modern conveniences. With features like granite countertops, stainless steel appliances, private patios, and EV chargers, these homes provide a low-maintenance lifestyle in a vibrant, well-connected community.

INFO: 1.5± Acres COMPLETED Multifamily 36 Units 25 Units/Acre

THE GRANGE

COMPLETED PROJECTS | URBAN + FARM 33

URBAN + FARM 33

Outlaw Real Estate Partners (OREP) is a Southwest Montana-based real estate investment and development firm focused on creating thoughtful, sustainable projects across the Greater Yellowstone region.

•

The OREP team has been involved in over $2B in real estate transactions, with expertise across multifamily, industrial, and mixed-use development.

•

They manage all phases of development—from concept to execution—including partnerships, financing, operations, marketing, and sales.

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OREP is committed to responsible growth, partnering with local nonprofits like Gallatin River Task Force and GVLT to ensure long-term community and environmental benefit.

•

They are leveraging strong demand trends driven by remote work, lifestyle migration, and continued growth in the Rocky Mountain West.

OUTLAW TEAM | URBAN + FARM 34

ERIC LADD

MIKE MAGRANS​

Managing Partner + CEO Licensed in MT 406.995.2404 eric@outlaw.realty

Managing Partner + CIO 646.483.6729 mike@theoutlawpartners.com

TOM BERKLEY

EVAN MCLAUGHLIN, CPA

Director of Development 508.728.1088 tom@theoutlawpartners.com

Chief Financial Officer 509.475.9695 evan@theoutlawpartners.com

Outlaw Realty is a leader in Southwest Montana real estate sales delivering a powerful and consistent real estate buying and selling experience. With a focus in Big Sky and Bozeman, Outlaw Realty’s agents and brokers have achieved over $3B in transactions across residential, commercial, and land in Southwest Montana.

EJ DAWS

GRAHAM MILES

Managing Broker | Licensed in MT 406.589.6247 ej@outlaw.realty

Broker | Licensed in MT 406.686.1020 graham@outlaw.realty

Outlaw Realty is part of the Outlaw Partners family of brands, providing buyers and sellers strategic access to Southwest Montana’s largest media, marketing and events network. In addition to facilitating the sale of existing homes and properties in the area, Outlaw Realty is the exclusive sales partner for developer offerings at Wildlands, Urban + Farm and Sandhill, all located in Bozeman, MT. For Phase 2 inquiries contact EJ Daws, for Phase 1 inquiries contact Graham Miles and Darren Streets.

DARREN STREETS

Project Manager/Broker | Licensed in MT 406.570.4862 darren@outlaw.realty OUTLAW TEAM | URBAN + FARM 35

or buyer broker agreement with another agent, this is not a solicitation to change. ©2025 Outlaw Realty www.outlaw.realty

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