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Moab City pays $430K to hotel in settlement agreement

KZMU News

English - October 18, 2023 23:13 - 13 minutes - 12.5 MB - ★★★★★ - 25 ratings
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Moab City recently paid out $429,879 to a company that manages the newly built Element hotel. The 116-room hotel was subject to the city’s workforce assured housing ordinance, which mandates that new overnight accommodations either build some workforce housing or pay a fee in lieu of that construction. The Element made the case that their original fee was too high, and the city agreed to settle. Plus, a tiny home village for unhoused veterans in our region is showing how cities can work with developers on housing solutions.

// Photo: Element Moab is a new hotel north of Moab’s downtown. They recently received $430K from Moab City as part of a settlement agreement over their impact on local housing