D2 worked out; cap imposed
JACKSON HOLE, WYO – Town leaders got an earful from both sides but at the end of a 4-hour meeting the council held firm to District 2 land development regulations that recently added short-term commercial potential to 15 blocks of the downtown core. In addition, elected officials also decided to enact a numerical cap that leaders felt would better ensure high-end condo development didn’t get out of hand in Jackson. A 100,000-square-foot threshold of short-term rentals was established. It was enough to satisfy councilman Jim Stanford, but Don Frank became the sole no vote as the council moved to again makeover District 2 land regs and send the ordinance back to first reading. Second reading is expected to take place July 18.
The upshot is that while short-term rentals did sneak their way back into the LDRs for District 2, the 2.4 million square feet potential of such commercial lodging will be limited to 100,000 square feet—at which time, a new ordinance would have to be passed to allow for short-term rental development to go beyond this mark.
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We shouldn’t allow market rate residential or short term lodging as part of the District 2 workforce housing bonus. We have too many market homes, too much lodging, too many jobs, and too much traffic. By making the deed restriction simple, putting no restrictions on resale or rent, and removing the parking requirements we can incentivize employment based deed restricted housing in District 2 without making our other problems worse.