Graphics courtesy of Michael Doty
Associates
Low-cost housing project endorsed
Frenchman’s Place would be located
north of downtown
By GREGORY FOLEY
Express Staff Writer
The city of Ketchum this week took its
first significant step toward fostering a mix of housing and business in the
city’s light-industrial district.
Ketchum Planning and Zoning commissioners
on Monday, May 24, approved a proposed 48,000-square-foot mixed-use project at
380 Ninth St., between Highway 75 and Grumpy’s bar and restaurant on Warm
Springs Road.
The project is called Frenchman’s Place.
The P&Z by a 4-1 vote recommended that the
Ketchum City Council approve a proposed rezone of the project site that links
the specific development proposal to the property. By a 4-0 vote, with
Commissioner Anne Corrock abstaining, the panel then approved the design of the
project.
Utah-based developer P.E.G. Development
proposed to build two structures on the sloping site.
The main structure would include a ground
level comprising 22,000 square feet of light-industrial space plus two
additional levels with 21 condominium units.
Five of the housing units would be
designated as deed-restricted community housing ranging in price from $82,000 to
$164,000. The middle price range for the 16 market-rate housing units would be
$300,000 to $400,000, the developers noted.
The three-level main structure, which
would face Highway 75 to the east, would be built above a 30-unit underground
parking garage.
The plans also call for an approximately
1,500-square-foot winery facility to be built in a separate cottage.
The proposed development is hinged upon a
request to rezone the 29,000-square-foot property from the city’s Light
Industrial zoning district to the Community Core zoning district. The rezone was
requested primarily to ensure the developer could sell the 21 housing units.
Housing units are currently permitted in the LI but cannot be sold.
The P&Z debated at length whether it was
appropriate to rezone the property from the LI district to the CC zone, largely
because the city is rewriting the LI regulations to encourage mixed-use
developments similar to Frenchman’s Place.
Ultimately, the majority of the P&Z agreed
that Frenchman’s Place is a "model" for what should be built in the
light-industrial sector of the city.
The Ketchum City Council must approve the
rezone request before it can be finalized.