Parkline Lofts & Yard — Kalispell, Montana

An opportunity to invest in one of the nation’s fastest-growing micropolitans.

Parkline · The Project ·The Market · Request Information

This offering is available to accredited investors

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Parkline is a 4.5-acre mixed-use neighborhood development on Kalispell's historic downtown core — 672 feet of frontage along the city's newly completed hike-and-bike trail, walking distance to Woodland Park, with views to the Swan Mountain Range. It is one of the last irreplaceable infill sites in a market the U.S. Census has identified as one of the fastest-growing micropolitan areas in the country.

This is an active, in-progress development. HaydenTanner and Parkline Properties are leading it from acquisition through entitlement, capital formation, construction, and tenant curation.

  • Parkline sits at the intersection of placemaking and capital discipline. The project is phased, beginning with Phase A on the north parcels — 65 residential units alongside ground-floor grocer, retail, and office space — with subsequent phases following as the market absorbs each delivery.

    The site benefits from B-3 zoning, which allows for flexible mixed use, reduced setbacks, and density that matches what the market is asking for. Entitlement work is complete and the site is positioned to begin construction without requiring special approvals from the city.

    The Opportunity Zone designation on this site adds a further dimension for qualifying investors — deferral and potential elimination of capital gains tax on long-term holds. (Tax treatment is investor-specific; consult your tax advisor.

  • Kalispell is undersupplied and growing. The city has a documented housing deficit exceeding 3,000 units, with demand for roughly 1,500 new units a year over the next decade. Building permits dropped sharply in 2022 and 2023, even as population growth continued — Flathead County's growth rate led the state. Montana ranks second nationally for in-migration.

    The retail and office markets tell the same story. Retail vacancy sits below 4%, with no comparable mixed-use retail development in Kalispell today. Office vacancy is similarly tight, and new, well-designed office space in comparable mountain communities is commanding a 20% premium over existing inventory.

    This is not a market where capital is chasing a trend. It's a market where supply has structurally failed to keep pace with demand — and where a well-positioned project doesn't have to compete for tenants or buyers. It has to be built.

  • Parkline is led by Molly McCabe, Founder of HaydenTanner and Philip Payne, Chairman of Ginkgo REIT and a 35-year veteran of workforce and affordable housing development, alongside co-development partners with deep mountain-west mixed-use and multifamily expertise.