PROPERTY LOCATION AND OVERVIEWThe Retail District will be located within The Foundry, a 196-acre, groceryanchored,mixed-use project with 586-single family homes and 378 apartmentsPROPERTY OVERVIEW The population of the Bozeman MSA is 126,409, with an annual growth rate over 2.5% and a50% increase since 2010. Housing has not kept up with demand, as there are 7,000+ housingunits needed to accommodate the areas tremendous growth. Bozeman has been the fastestgrowingmicropolitan city in the U.S. for the past six years. The Foundry offers a regional draw and easy access right in the heart of the Gallatin Valleysgrowth. Jackrabbit Lane is one of the busiest roads in the state of Montana with over23,000 cars per day passing our site. The Foundry will deliver a much-needed grocery store,modestly priced housing, hospitality, restaurant, and retail service amenities.LOCATION OVERVIEW Located on Jackrabbit Lane, right off a new signalized intersection, The Foundry is only 10minutes from Bozeman, with over 23,000 cars passing daily. The Foundry is located 3/4 mile south of Interstate 90 (I-90) on the primary corridor betweenYellowstone International Airport, Yellowstone National Park, and Big Sky, Montana. Bozeman Yellowstone International Airport set a record in 2023 with 2.46 million passengerstraveling through the airport, an increase from 2022, which saw 2.26 million passengers. Theairport is located 3 miles from The Foundry. Belgrades unemployment rate is currently 1.8%, significantly below the U.S. average. Since2020, Belgrades growth rate has averaged