boulder bay llc
Boulder Bay development on North Shore gets cash infusion
Submitted by paula on Mon, 03/23/2015 - 6:29pm
The project to transform the look and feel of North Lake Tahoe’s California/Nevada state line by redeveloping the Tahoe Biltmore will move forward after the company overseeing it secured financing in a deal cemented with an undisclosed private equity firm on Thursday, March 12.
Boulder Bay LLC had been struggling to garner the necessary dollars to fund construction of the development ever since it received approval nearly four years ago after a 12-hour Tahoe Regional Planning Agency Governing Board meeting that witnessed more than 80 members of the community offer opinions on the project.
