Williston, North Dakota: A Premier Destination for Commercial Real Estate

Introduction

Williston, North Dakota, is rapidly emerging as a key player in the commercial real estate (CRE) landscape. Known for its strategic location in the Bakken Formation, Williston has become a hub for energy and resource-driven industries. As a city with a growing population and a robust economy, Williston offers diverse opportunities for commercial real estate investors and developers. The city's unique positioning, driven by its thriving oil and gas industry, makes it a prime location for CRE development.

Economic and Industry Overview

Williston's economy is predominantly driven by the energy sector, particularly oil and gas extraction. The presence of the Bakken Formation has led to significant demand for industrial and office spaces to support these operations. Additionally, the city is seeing growth in logistics and transportation due to its strategic location. The Williston Economic Development agency actively supports initiatives to promote industrial growth, making it an attractive market for CRE investments.

Strategic Location and Transportation Infrastructure

Williston boasts a strategic location with access to major transportation networks. Key highways like U.S. Route 2 and U.S. Route 85 intersect here, providing vital links for distribution and logistics. The city is served by the Williston Basin International Airport (XWA), offering direct flights to major hubs, enhancing business connectivity. The local transportation infrastructure positions Williston as a logistical advantage for reaching northern markets.

Commercial Real Estate Inventory & Zoning

Williston's commercial real estate market is diverse, with significant submarkets including the Central Business District (CBD) and industrial corridors. Key asset classes such as industrial, office, and retail spaces are prevalent. Recent zoning changes have introduced incentives for developers, promoting mixed-use developments and innovation districts. Detailed zoning information is available through the City of Williston Zoning Maps.

Major Employers and Institutions

Williston is home to major employers in the energy sector, including prominent oil companies and service providers. Educational institutions like Williston State College also contribute to the CRE demand by attracting students and faculty. For a comprehensive list of major employers, visit the Williston Economic Development Business Directory.

Notable Commercial Developments & Projects

Significant developments in Williston include mixed-use projects and public-private partnerships aimed at revitalizing the downtown area. The city's involvement in Opportunity Zones provides additional incentives for developers. For more information on ongoing projects, refer to the City of Williston Planning Department.

Building Permits, Planning, and Development Tools

Williston offers extensive resources for developers, including:

• City's Building and Safety Department
• Permitting Portals
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Explore comprehensive market data and economic reports via public data sets like Census.gov and the city's Open Data Portal. Brevitas leverages AI-powered aggregation to offer in-depth insights. Use our Brevitas-powered dashboards for a detailed analysis of Williston's CRE market.

Why Use Brevitas for Williston, North Dakota CRE?

Brevitas offers unparalleled advantages for CRE professionals in Williston:

• AI-driven CRE discovery
• Real-time market alerts
• Smart property pages
• Dealroom collaboration

Our platform features auto-generated listing pages, email and landing page tools, and seamless integration with brokers and developers, ensuring exclusive listings and premium exposure. Discover more with Brevitas.