Description
The City of Ketchum is seeking proposals for the development of community housing on two city-owned properties: the South YMCA lot and the Lift Tower Lodge lot. The city aims to preserve or construct 600-900 housing units in the next 10 years, with a focus on community housing. The development team should have experience in producing deed-restricted community housing developments and knowledge of Idaho State laws and regulations. The city is offering long-term ground lease structures with no fee-title disposition of the property intended. The selected development team will work with the city to complete the final preferred development plan, associated financing plan/timeline, and a long-term ground lease. Some key aspects of the proposal include:
• Providing mixed-income community housing, primarily for families at the South YMCA site
• Providing Community Housing for a mix of families and small households across a wide range of income levels at the Lift Tower Lodge site
• Meeting design goals, such as achieving a design concept that seamlessly integrates the development into the surrounding residential neighborhood
• Utilizing Green Building standards to promote positive environmental outcomes and lower energy burden for occupants
• Providing adequate vehicle parking, bike parking, and storage for each unit
The city encourages innovation and creativity in design and programming to create unique projects that showcase the benefits of public-private partnerships.