Hunting for a Tahoe venue
We were wondering why Stateline wasn’t exploring a redevelopment district to improve the casino corridor, and now we know.
They’ve been saving redevelopment for the great white whale of Lake Tahoe development, the regional convention center and event venue.
For a few years there it looked like that center was going to be on the other side of the state line.
The Chateau at Heavenly Village got its final approval in 2007, just in time for the Great Recession.
That $420 million project included a 50,000 square foot conference and event space, but for many years was just a big concrete hole in the ground. The new plans for it no longer include the conference center.
We’re not opposed to redevelopment, depending on the plan. We don’t have enough information yet to judge this one.
We can say that redevelopment was very successful in two of the three instances Douglas County tried it.
We thought the $24.7 million deal across the highway from the two plazas was a bad one from the beginning, and there were a lot of people who agreed with us, including the Douglas County Grand Jury.
There were a lot of factors that went into that decision, including the competition for sales tax dollars, and with Carson City for retail space.
But in the end we were left with a large mound of dirt on the north side of Indian Hills.
We advise an abundance of caution before the county dips its toe into this water again, because you never know what’s waiting below the surface.