WOW, Cabela's in Montana

W

wapiti11

Guest
On the news last night, it was reported that Cabela' bought land in the west Billings area, and plan on breaking ground this summer.....
 
I am just waiting for the Post Falls ID store to open. That will be the closest to me.
 
NO, I don't want to hear that. Only 100 miles away, there goes my budget......LOL.

from the "Heartland of Wyoming"
 
A friend of a friend who works at Cabela's said they plan to have a store in every state in the lower 48 by 2011 or so. That was part of the reason they went public, to raise the cash to start building stores.
 
They have owned land outside of Bozeman for a couple of years now, the rumors have flown ever since, I will believe Cabelas in Billings when I see it.
hunterrunningfrombearlgclr5ju.gif
 
That is what they do, I heard, buy land in places, then work the numbers. I guess they had land in Missoula, but things worked better for Post Falls, the seller gets to keep the earnest money.

My Dad was disappointed in the Boise store, built in a mall type area, but they said they bought 40 acres on the outskirts to build a bigger store.

I always thought Butte/Anaconda would have been a good place. Intersection of I-90 and I-15, get all those visitors to Glacier and Yellowstone, and hunters on the Interstates.
 
I heard about a land purchase in Manhattan (not Bozeman)thats old news, but when Cabela's goes public on all three news stations and says they would like to start breaking ground this summer that is little different than "just a rumor"
Why would they have it on the news, if they were not serious?
 
From todays Billings Gazette


Cabela's in Billings? No answer yet
By JAN FALSTAD
Of The Gazette Staff
Feb. 14, 2007

Like tracks from a herd of elk, the rumors are hot and fresh and all over town.

Outdoors fans are jumping for joy at talk that the king of outdoor retail stores - Cabela's - may build on 84 acres at Zoo Drive and Shiloh Road.

However, reports that hammers will start flying along Zoo Drive by this summer are premature, Cabela's media specialist James Powell said from Sidney, Neb.

"We would like to build in Montana," Powell said. "But I wouldn't say that we've settled on a location." A buy-sell agreement apparently exists - but hasn't been executed yet - on land north of Zoo Drive by Peggy Sue's Coffee kiosk.

Foursquare Properties Inc., of Carlsbad, Calif., reportedly is buying the property. The company, with 30 years in real estate development, has been eyeing Billings. The site is described as a 751,000-square-foot development called Shiloh Square.

Foursquare President Jeffrey Vitek said he had no comment on the Cabela's rumors.

A sign on the site also lists Coldwell Banker of Salt Lake City. Calls to that company were not immediately returned.

Steve Corning, who developed the Marketplace retail center at King Avenue West and South 24th Street West, among many other projects across Montana, said Cabela's is a prize tenant. However, he doesn't think any deal is firmed up.

"They do tourist meccas, which Bozeman is," Corning said. "I hope they pick Billings, but we may lose them to Bozeman because of the tourists."

Cabela's is stalking a Montana site, but the decision on where to build is a ways off, Powell said.

"Obviously, Montana would be a good market for us," he said. "If we can get a store in there, the sooner, the better."

City and county planners held a meeting with developers on Nov. 9 to discuss building requirements for the site, but no specific companies were named.

Cabela's Web site claims it is the "World's Foremost Outfitter," a phrase that is a registered trademark.

Many fans are quick to agree; shopping is just one pleasure this retailer offers.

The stores feature natural attractions, including running waterfalls and streams, trout ponds, giant freshwater aquariums stocked with native fish, trophy wild game posed in natural settings, gun libraries, indoor archery ranges and deli-restaurants featuring wild game, among other fare.

Cabela's runs 18 retail stores and is opening 12 more. Eight stores will open this year, with the other four to follow in 2008 or beyond, Powell said.

Last November, Cabela's announced plans to open a 125,000-square-foot retail store in Post Falls in northern Idaho by fall. Several months earlier, in August, Cabela's opened its first Idaho store in Boise. Montana and Wyoming have no current or planned stores.

In 1961, ##### Cabela started the family business by advertising fishing flies for sale in the Casper, Wyo., newspaper. ##### offered "a dozen hand-tied flies for $1," according to the company's Web site.

Cabela's now mails more than 120 million catalogs each year to customers in 50 states and 120 countries. In 2004, Cabela's went public and started trading on the New York Stock Exchange under the symbol CAB. The stock closed at $24.01 on Tuesday.

Contact Jan Falstad at [email protected] or 406-657-1306.
 
Wapiti11-What was that you where saying? Like I said I will believe it when I see it. And by the way, this is all Bozeman up here, just like it is all Los Angelas.

hunterrunningfrombearlgclr5ju.gif
 
Man, a guy can actually get sick of hearing this.......

The new Cabelas bible has a new list in it with the stores that are open and the stores that will be open in 2007. And i can tell you, no place in MT is on the list. Post Falls is the closest.
 
Hey! thats only about one and a half hours away! If it really gets done. The only problem is that I hate to see the surrounding sporting goods stores to lose business....
 
It's hard to believe anything you hear anymore, even from the local news channels. That night I saw that cabela's was coming to town they sure seemed like it was a done deal with total specs. on the new store, and many other details. Time will tell.
Sheepeater-to us Gallatin county natives Manhattan is not the same thing as Bozeman and to even relate the area to L.A., thats pretty sad..
 
130 miles away! I hope so, just another reason to go to Billings from Wy. I will believe it when I see it!
 
Ha, when I read the headline I thought you were talking about their broker buying up a couple of huge block management ranches in a prime missouri breaks elk unit(410) and currently selling it off in 160 acre plots. No more hunter access there of course. Bad news for hunters... Hope it isn't the norm.
 
Makes perfect sense to build a mega store like that 200-300 miles away from 4 out of 5 of Montana's largest populations.
 

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