EIRs Released for Palisades Development and PlumpJack Renovation
Two Environmental Impact Reports related to Squaw Valley are now out for public review and comment.
• Palisades at Squaw | Currently zoned for high-density residential development, the proposed undeveloped 19.9-acre project site could include up to 63 residential lots consisting of 33 lots for single-family homes and 30 lots for half-plex units, a 100-foot-wide open space easement along the site’s northeastern boundary, a private park, a multipurpose trail easement, and right-of-way for utilities and roadways. The project site is located in the community of Olympic Valley, west of State Route 89 and north of Squaw Valley Road along both the east and west sides of Creeks End Ct.
• PlumpJack Squaw Valley Inn | The proposed project includes the demolition of existing on-site structures to build a new multi-level hotel, two residential condominium buildings, and an underground parking garage. The project would include landscaping, bicycle and pedestrian paths connecting the proposed buildings, and on-site recreational amenities. Water, sewer, and drainage improvements would also be included to support the operation of the new facilities. The project site is 1920 Squaw Valley Rd. in Olympic Valley.
Info: The draft EIR public comment period for both projects is open for 45 days until 5 p.m. on Nov. 4. Comments may be sent to the Placer County Community Development Resource Agency, Environmental Coordination Services, 3091 County Center Dr., Ste 190, Auburn, CA 95603, given at the Oct. 27 Planning Commission hearing, or emailed to email@example.com.
New Waterfront Apartments For Sale
Tahoe Beachfront Residences, the first newly built beachfront townhomes at Lake Tahoe in several decades, are now available for purchase. There are 10 single-family units ranging in size from 1,526 to 2,372 square feet. Buyers can take possession of their completed lakefront residence with availability starting this month. The property is set on the land that formerly housed the 1951-built Sun ‘n Sand Lodge. “We hope this acts as a seed for more responsible redevelopment in Kings Beach,” said Todd Davidson, a partner in Peak 10, the locally-based developer group behind the project. Prices listed on the website range from $975,000 to $1.4 million. Info: tahoebeachfrontresidences.com/
Placer County, North Tahoe Fire Streamline Tahoe Permit Process
The North Tahoe Fire District and Placer County Tahoe Community Development Resource Agency are rolling out a new pilot program to offer simple building permit approvals from both agencies in one place. Since these permits must be reviewed and approved by both the North Tahoe Fire District and Placer County, the new service expedites the permit process so that residents and business owners can focus on their projects. Beginning Sept. 20, North Tahoe Fire District Staff will be available on Tuesdays from 8 a.m. to 4 p.m. at the Tahoe CRDA building in Tahoe City to review and approve applications that do not require Tahoe Regional Planning Agency Permits. Info: Tahoe Community Development Resource Agency website
Coldwell Banker Hires New Agent
Marlo Eckert has been recently hired as a sales associate for Coldwell Banker’s Tahoe City office. In her new position, Eckert will specialize in residential sales in North Lake Tahoe, Squaw Valley and on the West Shore. Eckert holds a BA in Environmental Studies from UC Santa Barbara. Prior to working with Coldwell Banker Residential Brokerage, Eckert was with Tahoe Moon Properties as full time office manager and bookkeeper, where she managed vacation rentals, ski, seasonal, and long term leases, including accounting and homeowner communications.
Strong Summer Sales in Tahoe
Lake Tahoe real estate sales and home prices were up across the board in the third quarter of 2016. It marks the first time in more than three years that there’s been steady increases in all areas around the lake. Sales volume around the lake was up 20 percent and the median price of a home increased 12 percent to $540,000.The numbers are part of a report released by Chase International Real Estate, comparing all MLS sales from Jan. 1, 2016 through Sept. 30 to the same timeframe of 2015. Units sold was up 10 percent lake-wide and homes selling for more than $1 million was up 41 percent. The latter had the largest impact on sales, with every region on the lake seeing substantial increases, the largest being on the South Shore at 62 percent and Incline Village at 55 percent. The only two stats to see any declines were homes selling for less than a million in Tahoe City, which were down four percent, and Incline Village, down one percent.