MarketWatch

TRACKING THE JACKSON HOLE REAL ESTATE MARKET MORE REAL ESTATE NEWS

King Street strip will be parking for tour buses

By Benjamin Graham, Jackson Hole News&Guide
November 21, 2012

North King Street will become 17 feet wider thanks to a $600,000 land purchase by the town of Jackson.

Town officials unanimously approved the purchase of a long, rectangular plot from the Redeemer Lutheran Church, between East Gill Avenue and East Deloney Avenue.

The property is 6,290 square feet and will be paved, mainly to make way for tour bus parking. The street is now about 50 feet wide.

“That will give us enough property to allow traffic through and to park tour buses and build sidewalks,” Town Manager Bob McLaurin said at a meeting Monday, when officials voted for the purchase. “This is just additional parking for these buses.”

The tour buses that will use the space had been parking near the recently closed Teton Steakhouse, he said.

The money will come from 2006 specific purpose excise tax funds, which were approved by voters to pay for “parking, public restrooms and other pedestrian amenities in the downtown area.”

The account will have about $2.9 million remaining after the purchase and other expenditures included in the budget for the 2013 fiscal year.

The town will also pay to pave the property.

The street work will be completed next fall at the earliest, McLaurin said.

  MORE REAL ESTATE NEWS

LEARN

Read timely news about the Jackson Hole real estate market, including planning and development news. jhpropertyguide.com is the only real estate site in Jackson Hole offering local and out-of-area real estate buyers and sellers relevant real estate news from a reliable source, the Jackson Hole News&Guide.

jhpropertyguide.com is presented by Jackson Hole News&Guide - a trusted source

Information and resources provided by jhpropertyguide.com are delivered by the trusted Jackson Hole News&Guide.
jhpropertyguide.com strives to provide the same quality of writing, editing, design and photography that has earned the Jackson Hole News&Guide national recognition and awards among its publishing peers.