CTA IN THE NEWS: Stockman Bank planning fall construction of downtown Missoula building
Construction of the new Stockman Bank building in downtown Missoula is expected to break ground this fall, though work to relocate overhead utility lines has already begun. The bank announced in November its plans to construct a multi-level building on the corner of West Broadway and Orange Street. Demolition of the old Salvation Army and Car Quest buildings was initially set to begin in March. While a delay in approval from the FDIC has placed the project behind schedule, building architect Mike Tuss said the green light should be granted any time now.
“Once we get the demolition permit, Western Excavating will begin the building salvage operation and excavation for the bank building and parking structure,” Tuss said. “That operation will likely continue into November.”
Read more about the technical details of this innovative project in its “on-the-boards” capsule on CTA’s Commercial market expertise page.
The project calls for a 140-stall parking structure and a six-story bank. Tuss designed the building to meet Leadership in Engineering and Environmental Design standards, with energy-saving measures incorporated throughout the structure. He said the project will go to bid in September and a contract will be awarded in October.
The bank is one of several large projects taking place in downtown Missoula. Earlier this year, crews broke ground on a four-story Missoula College building on East Broadway, and St. Patrick Hospital is gearing up to begin work on a four-story medical building at 410 W. Broadway. Tuss said the new bank should open around August 2017. Once it does, it will become the 61-year-old company’s 33rd full-service banking location.
CTA actually created the opportunity for Stockman to purchase the property on Orange and Broadway. The land was not for sale; however, CTA regional director of business development Randy Rupert knew the Salvation Army had a vision of moving from its downtown location to another site it had purchased, but did not have the funds to build upon. Randy worked with Stockman and the Salvation Army to put together a deal that was very beneficial to both; Stockman got a prime location in downtown Missoula and the Salvation Army realized their dream of better serving clientele in a new building in a new location.
A few highlights:
- Stockman Bank Downtown Missoula will be Stockman’s largest facility in both height (six stories) and area (65,000 sq. ft.).
- It is the first Stockman Bank with a parking structure.
- We are beautifying a couple blocks of downtown Missoula by burying a rat’s nest of overhead utilities (also done in Billings).
- We are the second building in the state of Montana registered under LEED v4, which is the latest version of LEED that most architects are avoiding (LEED 2009 is allowed to be used until sometime in 2016). LEED v4 is more rigorous, and more green, than previous versions. We hope to be Montana’s first completed LEED v4 building, and the first to earn v4 Platinum.
- Previous banks were designed using a VAV mechanical system. VAV pumps move air around the building to heat and cool. Chilled beams pump heated and chilled water. Utilizing water is much more energy- and space-efficient than using air. We can carry as much cooling capacity in a two-inch pipe as we can in a four sq. ft. duct. Chilled beam systems are more expensive than VAV, but we were able to offset the increased cost by decreasing the height of the building, using small pipes instead of large air ducts. Our VAV banks were 14 ft., 8 in. floor-to-floor height. We shaved 16 in. off per floor by using piping and chilled beams instead of large ductwork. As a result, the building is eight ft. shorter, saving about 3500 sq. ft. of exterior wall. The wall savings affect everything from first costs, like structural steel and exterior wall finishes, to costs that continue for the entire life of the building such as energy consumption and maintenance.