Locals and visitors have seen many projects along Lake Tahoe’s famed waters come to a virtual standstill in recent years as redevelopment projects have been plagued by an economy still recovering from the recession, legal and financial challenges and the agonizing challenges of bureaucratic red tape that is a fact of life in the Tahoe Basin.
However, the past year has seen movement on many of these long-anticipated projects. Perhaps no project completion has been more anxiously anticipated than the long-awaited reopening of the Cal Neva. The grand dame of Tahoe resorts is expected to open in winter 2016 after a more than two-year closure, according to Glodow Nead Communications.
Courtesy Criswell Radovan
The famed resort was built in 1926 and remained a iconic location for infamous mobsters, politicians and celebrities to enjoy the resort’s popular gaming throughout the decades until falling into disrepair in the early part of the 21st Century.
“The grand dame of Tahoe resorts is expected to open in winter 2016 after a more than two-year closure.”
Napa Valley-based real estate development company Criswell Radovan has undertaken a full interior and exterior renovation of the Cal Neva, which straddles the California-Nevada line.
Courtesy Criswell Radovan
The 10-story, 191-unit resort, which will include a non-smoking casino, will feature accommodations with panoramic vistas of Lake Tahoe and three restaurants. The Circle Bar will return as a focal point of the property and The Showroom is being restored to its former glory.
Reimagining Tahoe Biltmore
The Tahoe Biltmore has been a North Shore mainstay for gambling and entertainment since it opened in 1946. The aging property has gone through a series of stops and starts in recent years due to efforts by Boulder Bay LLC to reinvigorate the casino with new energy.
The reimagined Tahoe Biltmore will downplay its gambling (cutting the casino floor space by one-third), while focusing on a new image as a health and wellness retreat with an expansive fitness center, a pedestrian village with retail shops and high-end boutique lodging.
HMR to break ground on base village
Homewood Mountain Resort plans to break ground on renovations to its North Base area in spring 2016. A base hotel lodge at the North Base is the centerpiece of the project, which will feature a small village with amenities for visitors and locals, underground parking and a boutique hotel. The project also will feature workforce housing, condos, retail space, an ice skating pond and expanded skier services with work slated for completion in 2021.
Courtesy JMA Ventures, LLC
A mix of residential units is eyed for the South Base with condos, townhomes and ski-in, ski-out chalets. The South Base phase of construction is expected to start in 2021.
Moving ahead in South Lake
South Lake Tahoe has seen a resurgence in its economy, thanks in large part to the movement of large-scale projects, which peaked with the opening of the Hard Rock Hotel & Casino in January 2015.
Neighboring casino resorts have stepped up their games, with investments in room upgrades at Harrah’s Tahoe and Harveys, and an overhaul of the convention center at Harrah’s. MontBleu has upgraded its lodging, convention center and casino.
Meanwhile, long-stalled work on the Chateau project is moving forward with a 32-unit condo, as well as more than 19,000-square-feet of retail space. The lakeside Edgewood Tahoe golf course is renovating three of its holes to construct a new, 154-room lodge with meeting facilities, a spa and adding a third restaurant to the property, expected to be completed in 2017.