City closes escrow on Timberlake Inn
The city of South Lake Tahoe has closed escrow on the Timberlake Inn, which is slated for demolition and construction of a parking lot.
The property at 933 San Jose Ave. was purchased from the Plimpton family for $800,000 with a grant from the California Tahoe Conservancy, said Lisa O’Daly, associate city planner.
Last week’s acquisition of the Timberlake completes city ownership of the entire block, all of which was purchased through Conservancy grant funding.
“We’re excited,” said Bob Kingman, Conservancy program analyst. “We’re glad it went through. We are certainly thankful to the city for helping facilitate this project and also the former owners of the Timberlake.”
The Conservancy put up the money to enhance parking at the El Dorado County boat ramp and to facilitate the completion of a Class 1 bicycle trail that would link an existing trail, which ends at Los Angeles Avenue, to Lake View Avenue.
The purchase could also facilitate Environmental Improvement Projects concerning recreation and scenic views, O’Daly said.
The city will pay for the demolition and for relocation of 13 households at the Timberlake.
“We hope to demolish as soon as possible, but there are a number of tasks that need to be performed first,” O’Daly said.
The proposed parking lot would also help make up for parking lost in the Harrison Avenue beautification project. The project includes making Harrison Avenue a one-way street with diagonal parking, landscaping, a bicycle trail and curb and gutter improvements.
“Proposed parking for the Timberlake site will offset these losses and reduce impacts from boat ramp parking to the neighborhood and nearby commercial area,” O’Daly said.
The city has not confirmed any plans to start the Harrison Avenue project but continues to work with Harrison Avenue business owners on an agreeable plan, but O’Daly said it would be beneficial if it occurred at the same time as the U.S. Highway 50 beautification project, proposed by the California Department of Transportation for 2003.
“We could gain efficiencies by implementing the two projects at the same time,” O’Daly said.
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