Jackson Street Apartments
What is this:
This project is a partnership between the Cumming Foundation and Teton County that will result in a 100% deed restricted apartment development in downtown Jackson, Wyoming.
Why here:
The Cumming Foundation owns six lots that are zoned CR-2 and located in the lodging overlay, which means they could develop them into a three-story short-term rental project – like a hotel or high-end condos. Instead, the Foundation has offered to partner with Teton County, who owns four adjacent lots to the south of the Foundation’s lots, to develop 100% deed restricted apartments. The development includes 10 lots total: 320 & 360 & 380 S. Jackson St., 255 & 257 W. Kelly Ave., 335 S. Millward St., 270 W. Hansen Ave., Lots 2-4 Blk 9 2nd Wort Addition.
Why now:
Building housing that is safe, stable, affordable, and close to jobs and transit, allows our workforce to live, spend, and volunteer locally. It also reduces traffic congestion on our highways, limiting wildlife-vehicle conflicts and lowering our carbon emissions.
Next steps:
Planning approvals. June 2021 - June 2022.
- Design Review Committee approves buildings & building locations! Review DRC packet.
- The building permit for building 8 and the sitewide GEC were submitted March 16, 2022.
Groundbreaking. Summer 2022.
Completion. 2024
Total units: 57 units
Affordability: 75% Affordable Rentals, 25% Workforce Rentals
- 12 Affordable 0-50% MFI
- 23 Affordable 50-80% MFI
- 8 Affordable 80-120% MFI
- 14 Workforce
Project Team: Hoyt Architects, Jorgensen Associates, Herschberger Design, and Shaw Construction.