Kennedy Wilson has plans to expand its presence in the Mountain States through an investment in an 11-acre opportunity zone site that will be developed into a 268-unit garden-style community named The Oxbow in Bozeman, Mont. Kennedy Wilson has committed $16 million to the venture in exchange for a 51 percent ownership in the development alongside equity and operating partner Roundhouse, a Boise-based real estate investment management company.
Construction is already under way on The Oxbow, which is expected to reach completion in 2023. When complete, the new community will offer ample amenities for residents while promoting access and connection to the outdoors.
“Bozeman has emerged as one of the fastest growing cities in the country over the last several years, and we are pleased to expand Kennedy Wilson’s multifamily presence into a region that is primed to continue its upward trajectory,” said Nick Bridges, managing director at Kennedy Wilson, who oversees mul
