LOCAL DEVELOPER ADDING RURAL, URBAN HOUSING
Local developer adding both rural, urban housing to tight market
By JOHN O’CONNELL joconnell@journalnet.com May 19, 2021
Local developer Lyn Yost has separate residential projects in the works catering both to buyers seeking to live in an urban setting with modern amenities and those who prefer a quiet, pastoral lifestyle.
In the midst of an acute local housing shortage, there’s unmet demand for housing of all types. Despite skyrocketing costs of building supplies, developers such as Yost have been extremely active lately, adding new housing inventory that’s been selling faster than it can be built. The buildout, however, has brought its own growing pains, as homes are springing up where residents have long enjoyed the elbow room of living adjacent to empty lots and open fields. In Chubbuck, Yost is behind a large, multi-use development called Northside Crossing at New Day, where crews are now building a network of themed city parks to be connected by more than 7 miles of paved trails. The first dozen homes, located within the development’s “55 and active” neighborhood, have either been completed or are under construction.
A few miles to the north, in the Tyhee area of unincorporated Bannock County, Yost’s planned Mountain View Estates subdivision will offer buyers 3-acre lots with pastures for raising a few horses or personal livestock.
Laura Lundquist and a couple of other property owners who reside near the Mountain View Estates site have circulated a petition in opposition to the project, signed by 57 neighbors as of Monday afternoon. Lundquist considers Mountain View to be a prime example of urban sprawl that will ruin the quality of life for current residents who “have their heart set on living in the country.”
“A lot of people want this country living,” Yost said. “We’re addressing a market need and doing it in a very responsible way. It will be a well-built, well-organized subdivision.” Yost won’t be involved in building homes on the lots he’s offering, but he envisions the homes will be priced at $500,000 to $600,000 each. Yost is also planning a pedestrian bridge over a canal that bisects the proposed subdivision’s site to make the neighborhood friendly for people walking, biking or riding horses.
The City Council increased Chubbuck’s land mass by an estimated 24 percent Wednesday when it voted to annex the property from unincorporated Bannock County.
Hillam said driveways accessing homes in Daybreak weren’t connected to streets, allowing pedestrians to use sidewalks without fear of backing cars. Homes in Daybreak had rear-loaded garages or carports accessing alleys. Hillam said streets in Daybreak were intentionally curvy, and both shoulders were open to on-street parking to calm motorized traffic.
His 226-acre Chubbuck development will also include commercial space. Sterling Urgent Care, for example, is scheduled to break ground later this week, Yost said.
Northside Crossing is one of five developments planned within the larger New Day project, which will encompass 1,800 acres.
Yost said jogging trails connecting his 36 acres of public park space were also scheduled to be paved on Tuesday. Chubbuck requires builders to either build their own parks or contribute to a municipal fund to support parks. Yost said the value of the parks he’s planning to build will be triple what the city requires.
Chase Clark, Bannock County’s building official, said permitting for new construction has increased slightly from last year, despite the rise in material costs.
Clark said many people have been getting permits and building foundations but are waiting for lumber, wire and other costs to go down before commencing with construction of structures.
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