Time-shares go up for sale at Heavenly-Grand Summit Hotel
American Skiing Company has begun selling time ownership for its Grand Summit quarter-share venture.
Stan Hansen, Heavenly Ski Resort (which is owned by ASC) vice president, excitedly told the Douglas County Commission Thursday that sales had begun for the Park Avenue Project component Saturday.
“It’s exciting for us to finally get something moving,” Hansen said.
Construction was to begin on the Park Avenue Project this spring, but the city of South Lake Tahoe and ASC were unable to stick to that timetable. Demolition of the existing properties in the project area is now scheduled to begin in a little less than a year and construction is scheduled for May 2000.
The project, which would span from west of the state line Embassy Suites Hotel through the Crescent V Shopping Center, is planned to be constructed in phases.
The first phase would include the 194-unit Grand Summit quarter-share venture and a $20 million gondola from Park Avenue to Heavenly Ski Resort.
Following phases would include a new Cecil’s Market and a Lake Tahoe Inn among other amenities.
Hansen said ASC is currently negotiating with three major players in the hotel industry that may want the Lake Tahoe Inn to carry their flags. When ASC acquired the rights to the Lake Tahoe Inn from Trilogy Development Corp., Hansen said the ski company would look to find a hotel industry partner as hotel ventures are not ASC’s forte.
Although the Park Avenue Project is scheduled to be completed in phases, Hansen said it is still possible that it will be done in one fell swoop.
“If we can get our ducks in line then it’s possible there will be no phasing,” Hansen said. He said with all the mitigation and other issues involved in moving the project along it would be easier to do it all at once.
In addition to Heavenly, Maine-based ASC owns and operates ski reports in other areas of the country including Utah and New England.
Hansen’s comments came during the public comment portion of the meeting at the request of Commissioner Don Miner.
Hansen’s opinions on a proposed gondola from the Carson Valley to Lake Tahoe were also sought by the commission. Last week the commission was presented with a plan to make such a gondola.
Hansen said that while he applauded the vision of the project proponents, the proposed gondola would be a monumental undertaking and couldn’t likely serve as alternative transportation for Carson Valley/Lake Tahoe commuters.
Hansen said that the gondola would likely have to be shut down for more than 30 days each year due to wind.
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