Developers submit design plans for next portion of the Chateau project
SOUTH LAKE TAHOE — Developers of the long-proposed Chateau project have turned in design plans for the next phase of work.
According to a design document submitted to the city, the next step of the project will focus on building a 32-unit condo-hotel and about 19,000 square feet of retail. A pool, hot tub, fire pit and barbeque are also included.
The lodging units themselves will be one, two or three bedrooms and are designed similar to those of Marriott’s in Heavenly Village, said Lew Feldman, the South Shore attorney representing the development’s owners.
The multi-story structure proposed is 55 feet high and shows a desire for a new restaurant, fitness area and wine shop inside, according to the design document. It will be built at the corner of Highway 50 and Friday Avenue, or on the southeast corner of the entire project area.
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Word of the project moving forward comes about nine months after the first portion of retail and restaurant space was completed along Highway 50, near the California-Nevada state line. That phase was said to have cost about $15 million.
Though the cost of the most recent proposal hasn’t been nailed down at this time, the goal is to start construction by late summer this year, Feldman said.
Owens Realty Mortage Inc., of Walnut Creek, is the parent company behind the originally proposed $400 million Chateau project. The project has experienced delays in the past, but has recently taken steps toward meetings its initial vision.
“It’s very exciting,” said Nancy Kerry, city manager for South Lake Tahoe. “I think it demonstrates from Mr. Bill Owens’ continued commitment to this community.”
But before construction on the next step of the project can begin, the city needs to approve the recently submitted plans. The city’s planning commission will be the first to consider them before they are brought before the city council.
No dates for the public hearing have been announced at this time.
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