SUB22-1 Subdivision

Flats at Teton Peaks Subdivision - Multi-family development

The Flats at Teton Peaks project is a proposed subdivision that is designed to develop 184 condominium apartment units within 4-plexes, 8-plexes, and 12-plexes. The application is being processed as a Planned Unit Development (PUD). The applicant is requesting a handful of modifications to the standard subdivision regulations, which can be allowed via the PUD process in exchange for deed-restricted affordable and workforce housing. Modifications to standard code provisions include minor site development allowances, such as flexibility with building orientation requirements and direction of pedestrian access to buildings and a reduction in required common space and park space requirements. The applicant has proposed, in exchange, to deed-restrict 52 of the 184 total units for workforce or affordable housing. The exact mechanisms to be used to ensure workforce and affordable housing will be determined through negotiations with the Planning & Zoning Commission and City Council; however, it is anticipated that a portion of the units will be restricted to ownership by those who work in Teton County, Idaho, a portion that would restrict nightly rentals, and another portion that would meet income levels to be designated as Affordable Housing.

The applicants submitted an initial Subdivision Concept Plan application in January, 2022. On August 30, 2022, the applicants hosts a Neighborhood Meeting and met with neighboring residents and property owners in order to discuss the proposed development. The applicant was able to answer questions and address concerns directly.

The applicants submitted a Preliminary Plat application on November 9, 2022.

The Planning & Zoning Commission reviewed the Prelim Plat application during a public hearing on February 8, 2022 and made a positive recommendation with conditions.

City Council reviewed the Prelim Plat application during a public hearing on March 21, 2023 at 6pm. The Preliminary Plat was conditionally approved during this meeting.

Staff Report and Exhibits can be found here on the Council's Agenda
Associated Documents

This project page was last updated on March 22, 2023.