Last Wednesday at the Governing Board Meeting of the Tahoe Regional Planning Agency, the board approved the first phase of the new Homewood Ski Resort. After five years of application process, approval means the owners can begin. The anticipated beginning of the construction phase is 2014, or about 2 years from now.
So, don't throw away your skis just yet, don't move to Florida just yet, don't think the Great Recession will last forever, it won't.
Many residents were skeptical that this project would ever get approval. Owners flatly declared some time ago that without approval as designed(and redesigned), this project would not go forward at all. With the economic future of California a bit shaky to say the least, business development has been lagging for several years. Without growth, the basin will continue to decline and very little opportunity will exist for any successful communities. The entire basin could become a ward of the state.
Environmental groups signed on with some doubt, but acknowledged the efforts of owners to be proactive when building out the design.
More information will be forthcoming, according to board chair, Norma Santiago, supervisor from El Dorado county.
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