Lockwood Targeted Economic Development District
Date: Third Wednesday of each month
Location: Zoot Training & Event Space (BSED Building, 201 N Broadway 2nd Floor) .
Time: 2:30 pm
The public is welcome.
Please email firstname.lastname@example.org if you have questions.
Yellowstone County established the Lockwood Targeted Economic Development District (TEDD) to help foster planned, ready-to-go industrial space. Located just east of Billings, the area offers over 1200 acres of land along the BNSF railroad and with easy access to the highway system from the Billings Bypass (currently under construction).
The Lockwood TEDD Advisory Board, Big Sky Economic Development, and the area property owners are working with Yellowstone County to plan and install the infrastructure needed to support industrial development, including:
- Extension of water and wastewater infrastructure throughout the area
- A road network to connect and serve planned development
- Additional rail sidings and spurs as needed, and
- Power and telecommunications services
Preliminary engineering for the initial water, wastewater, and road infrastructure investments is in progress, and the Montana Department of Transportation is expected to complete the Billings Bypass project by 2026. As these and other components fall into place, the Lockwood Industrial Area will be a huge catalyst for the economy of Yellowstone County, propelling the expansion of existing area businesses and facilitating the recruitment of new, value-adding industries to the region.
Lockwood TEDD Advisory Board
The Yellowstone County Commissioners created the Lockwood TEDD Advisory Board in March of 2018 and appointed members. The board is established to advise the Yellowstone County Commission in developing annual work plans, setting priorities and developing strategies for implementation of the recommendations in the Lockwood TEDD Strategic Plan and the Lockwood TEDD Infrastructure Master Plan.