commercial floor space
New South Lake Tahoe resort plans unveiled
Submitted by paula on Wed, 03/28/2018 - 8:52pm
SOUTH LAKE TAHOE, Calif. - In 2008 it was known as "The Hole" after financing dried up for a redevelopment project, bordered by Highway 50, Stateline Avenue, Friday Avenue and Cedar Avenue. A cement hole with rebar stayed until the project area could get under control of one owner through bankruptcy. In 2013, Owens Financial obtained a building permit to start spending $400 million to build over 27,000 square feet of commercial space along Highway 50. This was followed by the Zalanta Resort opening at Highway 50 and Friday Avenue in 2017.
City Council: Budget and Commercial Floor Space on Tuesday's agenda
Submitted by paula on Mon, 09/19/2016 - 3:34pm
The South Lake Tahoe City Council meeting on Tuesday will feature the following topics:
Commercial Floor Space - Doctors Steve Leman and Clint Purvance have applied for Commercial Floor Space allocations (CFA) for three projects at the Y area. Together they are asking for 6,170 square feet of CFA from the City's allotment for a building at 941 Emerald Bay Road. Leman himself is asking for 4,621 square feet at 2215 South Avenue and another 4,025 at 1072 4TH Street. He also wants to purchase another 28,940 Square Feet of 1B Banked Land Coverage from the City.
With two City Council members missing, vote on potential tax increases delayed
Submitted by paula on Tue, 05/03/2016 - 11:54pm
In just over one hour, the South Lake Tahoe City Council finished up all of their business for the day, but not all that was on the agenda.
City Council members Hal Cole and Tom Davis were both missing from the May 3 meeting, Davis due to a planned County Supervisor luncheon and Cole due to illness.
Plan unveiled for old Factory Stores at the Y location
Submitted by paula on Fri, 09/25/2015 - 8:35am
"The Factory Stores at the Y" will soon be transformed into "The Crossing at Tahoe Valley" if the plan is approved by the City of South Lake Tahoe. In January, 2015, The Sutter Capital Group of Sacramento announced they had purchased the property after it fell into bankruptcy.
City selling lot on corner of Ski Run Blvd and Highway 50 to developer
Submitted by paula on Mon, 01/19/2015 - 11:27pm
The City of South Lake Tahoe is set to sell the vacant lot they own on the southwest corner of Ski Run Blvd and Highway 50 during Tuesday's City Council meeting.
A purchase and sale agreement between the Halferty Development Company, LLC of Pasadena, CA and the City of South Lake Tahoe was created on January 5, 2015 and will be voted on January 20, 2015. The agreement shows that Halferty has offered $1,100,000 for the lot and will get 12,000 square feet of commercial floor space with the sale.
