The Jackson Hole Lodge has been in operation since 1941, expanding several times over the decades. The hotel currently has 59 rooms in four buildings, an outdoor pool and hot tub, lobby, and includes the retail building/bike shop on the corner of Broadway and Pearl. The 1.9 acre site is underdeveloped at approximately 45% of capacity. This prominent site represents an iconic development opportunity for commercial, lodging, housing, and workforce apartments. Zoned DC-LO Downtown Core within the Lodging Overlay, Town regulations permit 3 stories, 107,600 sq ft allowed building area (FAR or Floor Area Ratio), with significant additional housing allowed above the FAR under the Town's housing density bonus regulations.