video of what the Homewood development will look like
Environmentalist were able to get a judge to block Homewood, CA ski resort’s major development one year ago. The judge blocked the development stating that the environmental impact statement needed revision. Since that blockage, the environmental impact statement has been revised and the development plan has been slightly scaled back: JMA (the owners of Homewood) agreed to put certain parcels of land off-limits to development and cancel 13 of the housing units. That’s it.
The $500 million development will be moving forward starting in spring 2015. This plan will expand the current resort of 25,000 square feet to over 1 million square feet.
325 housing units will be added, the ski resort facilities will be upgraded, 5-star hotel will be built, numerous condominiums and town homes constructed, employee housing created, and 15,000 square feet of retail space made.
“We’re trying to convert (Tahoe) to more of a destination, rather than a drive-to market.” – Art Chapman of JMA Ventures, the owner of Homewood ski resort and Giradelli Square in San Francisco, CA and they just sold Sacramento’s Downtown Plaza to the Kings to use for a new NBA arena