Tahoe Beach Club groundbreaking ceremony hosts Nevada Governor Brian Sandoval (photo slideshow; this story will be updated)
August 15, 2016
STATELINE — More than 100 celebrants gathered for Tahoe Beach Club's official groundbreaking ceremony Monday afternoon, Aug. 15. The event that featured speaker Nevada Governor Brian Sandoval marked the start of an important occasion — the first Tahoe lakefront community approved in over 30 years. Bob Mecay, the project's principal, also spoke at the event, along with Tahoe Regional Planning Agency executive director Joanne Marchetta and Douglas County commissioner Nancy McDermid.
According to Tahoe Beach Club, 143 luxury residences planned for the lake's southeast shore will be located in Stateline at the end of Kahle Drive. The development will feature panoramic views of Lake Tahoe, a private beach and more amenities. Edgewood Tahoe Golf Course is located south of the project, and 300 acres of meadows and National Park land are on its north.
During the event, Sandoval remarked that Lake Tahoe "is truly one of the most beautiful places on planet Earth."
He also said, "For Bob [Mecay] to really stick with this and make this happen is truly remarkable. What's even just as remarkable about this project is what it's going to do for the environment. It's going to prevent thousands of pounds of sediment from going into the lake; it's going to provide a quality, beautiful redevelopment project on this side of the lake; [and] it's going to become one of those destinations that we all like to have in our backyard."
Marchetta, agreeing with Sandoval, said "Tahoe Beach Club is a shining example of environmental redevelopment. Projects like this are contributors to the larger renaissance on the South Shore. … TRPA is proud to have played a role."
ABOUT THE PROJECT
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According to Tahoe Beach Club, "The first phase of the project will include 48, two-to-five bedroom residences scheduled for completion in fall 2017. The residences will range from approximately 1,000 to over 4,000 square feet and will feature a Modern Mountain design and state-of-the-art finishes." Pricing for units range from $1 million-plus to $5 million. The development will also be eco-conscious and LEED-certified, including stream restoration and natural revegetation at the site.
"Once finalized, the project will reduce the number of sediment runoff from approximately 11,000 to 600 pounds a year and greenhouse gas emissions will be reduced by more than 60 percent," a news release said.
The project site previously housed a 50-year-old mobile home community — Tahoe Shores Mobile Home Park. The Tahoe Beach Club development was announced in 2002, and remaining residents vacated the area at the beginning of 2016. Many of the units were purchased by Tahoe Beach Club over the years in preparation for the project.
The land was purchased for $12.6 million in February 2002, according to a 2009 Associated Press story.
TRPA's Final Environmental Impact Statement for the project stated that Tahoe Beach Club will build 54 units of deed-restricted replacement housing — 39 will be located at nearby Aspen Grove and 15 will be constructed at another location.
The project took longer than expected to fund, in part due to the recent recession's "finance drought" and lack of bank construction loans, a 2010 Wall Street Journal article said.
Learn more about Tahoe Beach Club at http://www.thetahoebeachclub.com.
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