Grand Targhee Awarded Expansion
The Teton County, Wyoming county commissioners approved a 350 unit expansion at Grand Targhee Resort on Monday, February 4, 2008. After years of development and months of negotiations with the county commissioners, the George Gillette family has been granted permission to move forward with developing the aging resort.
The Teton County Board of Commissioners approved the resort proposal with a vote of 4-1, allowing Grand Targhee Resort to expand to a total of 450 units and rezone 120 acres from rural to resort.. The lone dissenting vote came from Leland Christensen, an Alta, Wyoming resident, who pleaded with the other members to turn down the application on fears that the development will change Alta, Wyoming and the Teton Valley of Idaho forever. The history of Grand Targhee runs deep and this approval will change the resort in the upcoming years. For better or worse only time will tell.
With Monday’s approval, the Gillette family can have as many as 450 units, including employee housing, on site. Over 75% of the development must be short-term lodging. The expansion includes 150,000 square feet of commercial space and resort services, amenities and support uses.
For more information on the expansion and the future real estate offerings please feel free to contact us at garth.gillespie@sothebysrealty.com.