MISSOULA - Several acres of private land in downtown Missoula went back on the market last week, and with plans for a nearby parcel now moving forward, redevelopment interest may build.

The real-estate listing by Colliers in Boise comes less than three months after Averill Hospitality announced plans to redevelop the adjacent city-owned Fox parcel at the corner of Orange and Front streets in the Riverfront Triangle.

The surrounding private parcels cover 5.2 acres and are listed by Colliers for $15.2 million. The current owner is identified as Farran Realty Partners.

“We are hopeful that redevelopment in the Riverfront Triangle Urban Renewal District will be catalyzed by the recent sale of the Fox site to Averill Hospitality,” the Missoula Redevelopment Agency said in a request for com

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