Last week, the Chamber of Commerce Business After Hours monthly event was hosted at the old Del Mar Motel which has been undergoing extensive renovations. Home to many a fly fisherman & hunter over the years, the Del Mar was bought last year by a local company, Montana Land Investments, which has until recently specialized in remodelling older homes. When the Del Mar became available, the company, owned by the Curry family, decided this was the next challenge they were looking for.

The plan is to turn the property into a high end professional business complex, with an assortment of real estate offerings, ranging from spacious, turn key business condos to highway frontage lots & is yet another example of the revitalization of local commercial space. The newly refurbished Guest House on the corner of Park and Main Street and the former Ricci’s Thriftway are two other examples of top notch area remodels.

The commercial real estate market in Livingston often takes a back seat to the residential real estate market in terms of water cooler talk. However, there is a direct correlation between commercial development & a community’s overall strength. A commitment to bring new businesses to the area or to upgrade existing businesses keeps Livingston a vital and desirable place to live, and interest in commercail real estate is definitely up: last week, two parcels of vacant land in the Boulder Business Park located just east of town were sold, and there has been activity with the warehouse condos in the same area.

With it’s proximity to I90, and the ever increasing popularity of Livingston as a place to live & work, The Point at Del Mar is likely to become one of Park County’s most sought after business addresses. I will continue to update on the pulse of the commercial market as well as the residential market. Your comments and feedback are always welcomed.