Homewood Gets Nod for Big Expansion
SAM Magazine--December 16, 2011--Homewood Mountain Resort, Calif., got approval of its redevelopment plan by the Tahoe Regional Planning Agency (TRPA) on December 14. Homewood, which is owned by JMA Ventures, a minority investor in Alpine Meadows and Squaw Valley, will undergo a transformation to an "upscale boutique resort" with a five-star hotel, ski chalets and an alpine village, reported the Sacramento Bee.
The TRPA OKed the first phase of the $500 million project, which will begin in 2014, and paves the way for a 75-room hotel and a village, including an ice rink that becomes a miniature golf course in the summer, and retail outlets.
Eventually, the 1,200-acre resort will offer condominiums, housing, faster lifts, bike trails and boating facilities.
To mitigate environmental concerns, the resort will provide an erosion control plan to prevent sediment from entering the lake, as well as shuttle services to relieve traffic congestion.