{
 "id": "m-6403662e8c",
 "slug": "billings-west-park-plaza",
 "type": "mall",
 "name": "West Park Plaza",
 "aka": [
  "West Park Promenade"
 ],
 "city": "Billings",
 "county": "Yellowstone County",
 "state": "MT",
 "country": "US",
 "census_division": 8,
 "lat": 45.78536,
 "lon": -108.55732,
 "geocode_method": null,
 "address": null,
 "metro": null,
 "original_use": "mall",
 "year_opened": null,
 "year_closed": null,
 "acres": null,
 "gla_sqft": null,
 "stores_peak": null,
 "levels": null,
 "original_developer": null,
 "original_architect": null,
 "before_notes": null,
 "strategy": [
  "redevelop"
 ],
 "new_use": [],
 "share_retrofit": "partial",
 "status": "partial",
 "year_retrofit": 2009,
 "developer": null,
 "architect": null,
 "after_notes": "\u2022 Partial redevelopment: demalling, new street, and residential",
 "narrative": null,
 "narrative_license": null,
 "narrative_source": null,
 "zoning_change": null,
 "public_subsidy": null,
 "entitlement_year": null,
 "planning_notes": null,
 "wikidata_qid": null,
 "wikipedia": null,
 "osm_id": null,
 "verified": "curated",
 "verified_by": null,
 "last_verified": null,
 "last_updated": "2026-10-20",
 "created": "2026-10-18",
 "contributor_name": null,
 "contributor_org": null,
 "contributor_link": null,
 "international": 0,
 "county_fips": "30111",
 "opp_score": 0.0,
 "opp_reasons": [
  "retrofit already built",
  "county grew 6.0% 2018\u201323"
 ],
 "for_sale": 0,
 "distressed": 0,
 "deep": {},
 "elements": [
  {
   "slug": "era-retrofit-2000s",
   "name": "Retrofit 2000s",
   "grp": "era",
   "evidence": "2009",
   "origin": "arcgis-webmap"
  },
  {
   "slug": "web-social-facebook",
   "name": "On Facebook",
   "grp": "finance",
   "evidence": "https://www.facebook.com/109441508284248",
   "origin": "overture"
  },
  {
   "slug": "place-15-minute",
   "name": "15-minute neighbourhood (5+ of 6 daily needs within 800 m)",
   "grp": "place",
   "evidence": "6/6",
   "origin": "openstreetmap"
  },
  {
   "slug": "place-grocery-800m",
   "name": "Grocery within 800 m",
   "grp": "place",
   "evidence": "6 stores",
   "origin": "openstreetmap"
  },
  {
   "slug": "place-high-income",
   "name": "High-income tract ($100k+)",
   "grp": "place",
   "evidence": "$101,841",
   "origin": "census-acs"
  },
  {
   "slug": "place-low-vulnerability",
   "name": "Low social vulnerability tract (SVI \u2264 0.25)",
   "grp": "place",
   "evidence": "0.25",
   "origin": "cdc-svi"
  },
  {
   "slug": "place-income-rising",
   "name": "Tract income up 60%+ since 2013",
   "grp": "place",
   "evidence": "+130%",
   "origin": "census-acs"
  },
  {
   "slug": "place-pop-boom-tract",
   "name": "Tract population up 25%+ since 2013",
   "grp": "place",
   "evidence": "+31%",
   "origin": "census-acs"
  },
  {
   "slug": "place-walkable",
   "name": "Walkable block group (EPA \u2265 12)",
   "grp": "place",
   "evidence": "index 13.7",
   "origin": "epa-walkability"
  },
  {
   "slug": "strategy-redevelop",
   "name": "Redeveloped",
   "grp": "strategy",
   "evidence": "\u2022 Partial redevelopment: demalling, new street, and residential",
   "origin": "record"
  },
  {
   "slug": "use-housing",
   "name": "Housing",
   "grp": "use",
   "evidence": "\u2022 Partial redevelopment: demalling, new street, and residential",
   "origin": "arcgis-webmap"
  }
 ],
 "sources": [
  {
   "id": 267,
   "site_id": "m-6403662e8c",
   "url": "https://www.arcgis.com/apps/mapviewer/index.html?webmap=ce33ab2637374aab862b8a23847f620f",
   "title": "Retrofitting Suburbia Interactive Mall Map (ArcGIS web map ce33ab26\u2026)",
   "publisher": null,
   "date": "2021-01-20",
   "quote": null,
   "kind": "news",
   "license": null,
   "retrieved": "2026-10-18"
  }
 ],
 "parties": [],
 "events": [
  {
   "id": 211,
   "site_id": "m-6403662e8c",
   "date": null,
   "year": 2009,
   "kind": "retrofit",
   "detail": "Retrofit: redevelop",
   "share": null,
   "source_id": null,
   "verified": "curated"
  }
 ],
 "gallery": [],
 "anchors": [],
 "deals": [],
 "owner_of_record": null,
 "ctx": {
  "assessment": {
   "what_happened": "West Park Plaza opened as a mall (date unknown) and in 2009 underwent a partial retrofit that demalled the property, added a new street, and introduced residential uses.",
   "why": "The retrofit was pursued to adapt the mall to changing retail conditions, though the record does not specify anchor losses, competition, or debt as drivers.",
   "where_it_stands": "The site is currently built after the 2009 retrofit; ownership and controlling entity are not stated in the record.",
   "for_a_planner": [
    "No specific precedents or policy tools are documented in the record.",
    "Open questions include the extent of remaining retail space, zoning for the new street and residential units, and any planned future phases."
   ],
   "for_a_developer": [
    "Site size, parcel boundaries, and current ownership are not provided.",
    "Entitlement status post\u2011retrofit is unclear; the record shows a built status but does not detail remaining development rights.",
    "Context\u2011layer constraints such as flood risk, transit access, or environmental conditions are not mentioned.",
    "Market signals from surrounding tract data are absent in the record."
   ],
   "risks_and_unknowns": [
    "Original opening date and initial anchor tenant list are unknown.",
    "Ownership entity and any deed restrictions are not stated.",
    "Details on the extent of demalling, new street dimensions, and residential unit count are missing.",
    "Floodplain, transit proximity, and environmental site assessments are not provided.",
    "Local market demographics, retail vacancy rates, and recent sales comparables are not included."
   ],
   "data_quality": "thin",
   "one_line": "West Park Plaza was retrofitted in 2009 with demalling, a new street, and residential; current ownership and full status unknown.",
   "model": "nvidia/nemotron-3-super-120b-a12b",
   "machine": "NVIDIA API via Hermes CT",
   "record_sha1": "aac2734ab1a2"
  },
  "edgar": {
   "query": "West Park Plaza",
   "city": "Billings",
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   "name_only_total": 9,
   "common_name": false,
   "sampled": 14,
   "latest": "2023-02-17",
   "earliest": "2011-04-20",
   "cmbs": [],
   "public": [
    {
     "name": "REGENCY CENTERS CORP  (REG, REGCO, REGCP)",
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     "n": 13,
     "first": "2020-08-04",
     "last": "2023-02-17",
     "forms": {
      "8-K": 11,
      "10-K": 2
     },
     "cmbs": false,
     "kind": "owner",
     "sic": "6798",
     "acc": "0000950170-23-003160",
     "doc": "reg-20221231.htm",
     "adjacent": false
    },
    {
     "name": "REGENCY CENTERS LP",
     "cik": "0001066247",
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     "first": "2020-08-04",
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     "doc": "reg-20221231.htm",
     "adjacent": false
    }
   ],
   "other": [
    {
     "name": "HASTINGS ENTERTAINMENT INC",
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     "first": "2011-04-20",
     "last": "2011-04-20",
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     "adjacent": false
    }
   ],
   "forms": {
    "8-K": 11,
    "10-K": 3
   },
   "url": "https://efts.sec.gov/LATEST/search/#/q=%22West%20Park%20Plaza%22%20%22Billings%22&forms=10-K,10-D,8-K,10-Q,ABS-EE&dateRange=custom&startdt=2001-01-01",
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   "vintage_strong": false,
   "source": "SEC EDGAR full-text search"
  },
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   "elevation_ft": 3215.0,
   "resolution": 1,
   "source": "USGS EPQS (3DEP)",
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   "facilities": [
    {
     "name": "AVENUE C APARTMENTS",
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     "name": "CHAMPION AUTO STORES 204",
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     "name": "POLLYS QUALITY CLEANERS",
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   "note": "no NFHL polygon at point (unmapped or outside coverage)",
   "retrieved": "2026-10-15"
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   "source": "USDA ERS Food Access Research Atlas 2019 (ArcGIS copy)",
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   "source": "Realtor.com Research, inventory core metrics by ZIP (ZCTA at the site point)",
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  "nrhp": {
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   "places": [],
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  "nri": {
   "tract": "30111001200",
   "risk_score": 27.0,
   "risk_rating": "Relatively Low",
   "eal_score": 32.5,
   "eal_rating": "Relatively Low",
   "expected_annual_loss_usd": 986536,
   "social_vulnerability": "Relatively Low",
   "community_resilience": "Relatively High",
   "hazards": {
    "tornado": "Very Low",
    "inland flooding": "Relatively Low",
    "heat wave": "Relatively Low",
    "wildfire": "Very Low",
    "earthquake": "Very Low",
    "hail": "Relatively Low",
    "strong wind": "Relatively Low",
    "winter weather": "Very High",
    "ice storm": "Very Low",
    "cold wave": "Relatively High",
    "lightning": "Relatively Moderate"
   },
   "high_hazards": [
    "winter weather",
    "cold wave"
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   "retrieved": "2026-10-16"
  },
  "opportunity": {
   "tract10": "30111001200",
   "kfr_p25": 0.539,
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   "source": "Opportunity Insights, Opportunity Atlas (Chetty, Friedman, Hendren, Jones, Porter 2018)",
   "retrieved": "2026-10-20"
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   "place": {
    "id": "7116595e-5a63-4f55-a919-01a98bbbadfd",
    "name": "West Park Promenade",
    "category": "shopping_mall",
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    "websites": null,
    "socials": [
     "https://www.facebook.com/109441508284248"
    ],
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    "address": {
     "freeform": "1603 Grand Ave",
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     "region": "MT",
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    },
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    "confidence": 0.918498158454895,
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    "providers": [
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     "meta"
    ],
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    "match_score": 7,
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   },
   "retrieved": "2026-10-15",
   "building": {
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    "class": "retail",
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    "contains_point": true,
    "km": 0.02,
    "explore": "https://explore.overturemaps.org/?feature=buildings.building.a1b10735-6c4b-4c11-b906-4b79233a794c#17/45.78536/-108.55732"
   },
   "large_buildings_nearby": 4,
   "buildings_done": true
  },
  "oz": {
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   "tract": null,
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   "retrieved": "2026-10-15"
  },
  "peers": {
   "peers": [
    {
     "id": "m-5a855ce72a",
     "name": "Highland Mall",
     "city": "Austin",
     "state": "TX",
     "score": 4.5,
     "why": [
      "same strategy: redevelop"
     ]
    },
    {
     "id": "m-caa6dbb6e8",
     "name": "Midtown Plaza",
     "city": "Rochester",
     "state": "NY",
     "score": 4.5,
     "why": [
      "same strategy: redevelop"
     ]
    },
    {
     "id": "m-251a441e4b",
     "name": "Summit Park Mall",
     "city": "Wheatfield",
     "state": "NY",
     "score": 4.5,
     "why": [
      "same strategy: redevelop"
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    },
    {
     "id": "m-e82eb88122",
     "name": "Exton Square Mall",
     "city": "Exton",
     "state": "PA",
     "score": 4.5,
     "why": [
      "same strategy: redevelop"
     ]
    },
    {
     "id": "m-920fc3d7bc",
     "name": "Fort Saginaw Mall",
     "city": "Buena Vista",
     "state": "MI",
     "score": 4.5,
     "why": [
      "same strategy: redevelop"
     ]
    },
    {
     "id": "m-c2364f77d1",
     "name": "Northgate Mall",
     "city": "Seattle",
     "state": "WA",
     "score": 4.5,
     "why": [
      "same strategy: redevelop"
     ]
    }
   ],
   "method": "size, era, strategy, status, type, state, distance"
  },
  "permits": {
   "county": "Yellowstone County",
   "2024": {
    "units_1": 850,
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   },
   "2023": {
    "units_1": 286,
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   "retrieved": "2026-10-18"
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  "qcew_retail": {
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   "source": "BLS QCEW 2025 annual, county, NAICS 44-45 retail trade, private",
   "retrieved": "2026-10-20"
  },
  "retail_trend": {
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    "Lewis & Clark Middle School"
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   "source": "NCES EDGE",
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   "absee": [
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     "trust": "Morgan Stanley Capital I Trust 2021-L7",
     "cik": "0001883246",
     "filed": "2026-10-02",
     "as_of": "2026-09-11",
     "url": "https://www.sec.gov/Archives/edgar/data/1883246/000188852426018454/exh_102.xml",
     "primary": "https://www.sec.gov/Archives/edgar/data/1883246/000188852426018454/msc21l07_absee-202609.htm",
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      "interest_rate": "0.03425000",
      "paid_through": "09-01-2026",
      "servicer": "KeyBank Real Estate Capital",
      "modified": "false",
      "defeased": "N",
      "dscr_ncf": "3.20000000",
      "dscr_noi": "3.58000000",
      "noi": "1616872.79000000",
      "financials_end": "12-31-2025",
      "dscr_ncf_at_securitization": "0.00000000",
      "noi_at_securitization": "0.00000000",
      "period_end": "09-11-2026",
      "n_properties": "1",
      "n_properties_now": "1"
     },
     "property": {
      "property": "West Park Promenade",
      "address": "1603 Grand Avenue",
      "city": "Billings",
      "state": "MT",
      "zip": "59102",
      "property_type": "RT",
      "nrsf": "145673",
      "nrsf_at_securitization": "145673",
      "year_built": "1961",
      "year_renovated": "2009",
      "appraised_at_securitization": "23400000.00000000",
      "appraisal_date_at_securitization": "06-15-2021",
      "appraised_value": "23400000.00000000",
      "appraisal_date": "06-15-2021",
      "occupancy_pct": "0.90790000",
      "occupancy_pct_at_securitization": "0.94500000",
      "property_status": "6",
      "tenant1": "Yellowstone Fitness  Inc.",
      "tenant1_sqft": "41272",
      "tenant1_expiry": "04-30-2034",
      "tenant2": "Town and Country Foods Inc.",
      "tenant2_sqft": "26420",
      "tenant3": "Gainan Floral Inc.",
      "tenant3_sqft": "18994"
     }
    }
   ],
   "source": "SEC EDGAR: REIT 10-K property tables and ABS-EE Exhibit 102",
   "retrieved": "2026-10-20"
  },
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   "county": "30111",
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