Affordable housing unit to replace dilapidated buildings | TahoeDailyTribune.com
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Affordable housing unit to replace dilapidated buildings

The two remaining Lake Park Apartment buildings on Kahle Drive are set to be demolished this spring to make way for water treatment basins and a housing project.

The basins are part of a $5.1 million project that will allow 32 apartments classified as affordable housing to be built off Kahle Drive. The apartments will cost about $4 million and the water treatment infrastructure will run about $1.1 million.

The construction is expected to be complete by the end of 2003 or beginning of 2004, said Lew Feldman, an attorney who represents Falcon Capital, a development company based at Round Hill.



The project, to be built at 132 Kahle Drive, was unanimously approved by the Tahoe Regional Planning Agency on Wednesday. It will create seven two-story buildings that will house 18 two-bedroom units and 14 three-bedroom units.

The TRPA Governing Board voted on the project late on Wednesday. Feldman said he was the only person who gave testimony to the board regarding the project.




“In the annals of affordable housing approval, this distinguished itself by having absolutely no neighborhood or other opposition,” Feldman said. “It’s truly extraordinary. I’m confident it will never happen to me again in my career. Affordable housing projects tend to bring out tremendous opposition.”

Feldman said he believes there was no opposition to the project because Lake Park Apartments were in disrepair. Three of the five were demolished a couple years ago.

What will be built will be a major upgrade with a substantial reduction in density, Feldman said.

The seven buildings and 49 accompanying parking spaces will be constructed on 1.6 acres of the nearly 5-acre lot. The remainder of the land will be devoted to storm water basin, water quality vaults and stream zone restoration, which will involve native plants and the removal of fill left by an old air strip.

Gregory Crofton can be reached at (530) 542-8045 or by e-mail at gcrofton@tahoedailytribune.com


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