A Utah-based development company has proposed a new 100-room, four-story hotel at the southern entrance to downtown Ketchum.
PEG Companies purchased the property, known as the Gateway parcel and located south of River Street and west of Main Street, in February and hopes to start construction in spring of 2020.
First, though, the company wants residents of Ketchum and the Wood River Valley to weigh in on the hotel’s design. In an email, PEG Development Manager Nick Blayden wrote that the preliminary plans are for a four-story, 100-room hotel, but “that doesn’t mean it couldn’t change, based on feedback and input we receive.”
The survey has 10 questions and will take about seven minutes to fill out, he said. It poses questions about residents’ development priorities and design preference, as well as providing a forum for them to sound off on the project, according to a news release.
PEG plans to build a boutique hotel that will be part of the Marriott Autograph Collections, according to a city government staff report.
Later this summer, the company plans to begin a process that will include a series of hearings in front of the Ketchum Planning and Zoning Commission and the City Council. That process will continue into the fall and winter, and PEG hopes to begin construction in spring of 2020.
The hotel would take 16 to 19 months to construct, Blayden wrote.
The Marriott hotel would join the Limelight Hotel, which is across River Street to the north, a planned hotel project on the east side of Main Street, and the Best Western Plus Kentwood Lodge all in the same general area.
The city of Ketchum has planned for a hotel project on the Gateway site for more than a decade, and conducted a study in 2007 on the design and scale of a hotel for that property.
Blayden wrote that the design is still preliminary and will meet expectations set by the city government and consider the feedback from residents.
“We do have some ideas but nothing that’s far enough along to finalize and/or announce just yet,” Blayden wrote. “We are currently working with a well-respected brand to select one of their boutique flags. Boutique hotels are designed and curated specifically for each geographical area in which they enter—no two boutique hotels are alike, and we think this unique opportunity is a perfect fit for Ketchum.”
PEG has developed a project in Ketchum before. In 2005, it built the Frenchman’s Place mixed-use project that included 62,000 square feet of light-industrial space, affordable and market-rate housing units and underground parking.
Mayor Neil Bradshaw applauded the company’s plan for the new hotel.
“I am delighted that PEG has chosen to invest in Ketchum, and I am encouraged by their planned community outreach program,” Bradshaw said in a news release. “A project that maintains the charm and character of Ketchum is central to our vision for the city, and community input is essential in this process. I hope many stakeholders participate in the survey.”
PEG CEO Cameron Gunter said he wanted to ensure the new hotel fits in with Ketchum’s aesthetic.
“Having developed in Ketchum before, we understand how uniquely invested residents are in the preservation of their beautiful city,” Gunter said. “We aim to design a hotel that blends seamlessly with Ketchum’s cultural and geographical landscape and to add value to the community.”
On Monday, the Ketchum City Council voted to approve a contract with a firm called AECOM that will analyze the new hotel’s potential effect on traffic along Highway 75 and into downtown. The contract is worth $7,150 and will be paid for by PEG.
“Traffic ingress/egress for the project requires careful analysis and coordination with multiple parties including ITD, the city, public and the application,” a city staff report stated.
Blayden wrote that while PEG has nothing to do with developer Jack Bariteau’s long-delayed hotel project across Main Street, the company is mindful of the community displeasure caused by the delays.
“We are aware of the unfortunate situation there,” Blayden wrote. “Our way of doing business is very transparent and community-oriented. We expect this build to take 16-19 months but can certainly vary, based on weather and other factors. However, we do not see any kind of economic recession impacting our ability to complete the project. If anything, we are designing this hotel to boost Ketchum’s economy and weather all market cycles.”