Following is a highlight of some of the frequently asked questions that the Lodge Project team has heard and our response to those questions. Over the next few months, as additional feedback comes in, we will continue to update this document. Thanks for your feedback!
Q: How will the Tahoe City Lodge affect or benefit our local economy?
A: It will benefit the local economy both in the short term, through construction, and in the long term, through job creation, business stimulus and tax revenue. The first new lodging project on the North Shore in more than a half a century, it is expected to:
- Add $43.4 million in economic activity during development and construction
- Add $8.6 million annually through taxes, jobs and visitor spending (approximately $500,000 in transient occupancy tax and $600,000 in property taxes a year)
- Create 393 jobs: 76 ongoing and 317 one-time construction jobs
- Boost local economy by increasing visitor spending in town
- Inspire new and revitalized business in Tahoe City
Q: Is the project a lodge, hotel or is it condos?
A: In short, all three. The term “condo hotel” refers to a type of ownership of the units, not how it operates or will be occupied. In addition to the 40 hotel units, 78 one- and two-bedroom suites will be sold off to individuals with deed restrictions so that they operate as hotel rooms the vast majority of the time. So all the rooms will bring visitors and generate transient occupancy tax, none will have full-time residents.
Q: What are the architectural design concepts for the project? Does the design include classic Tahoe and mountain life themes?
A: The proposed Lodge draws on the rich architectural history of Tahoe, using heavy timer, stone and wood sheathing with accents of steal and concrete. The buildings are designed to blend in with the landscape. Some of the rooflines and angles are contemporary, much like the buildings that house Moe’s BBQ and the Chamber of Commerce.
Q: Will the Lodge have a restaurant? If yes, will it compete with other local restaurants?
A: Yes, we plan on having some type of small restaurant. Statistically, however, on average, if a hotel attracts its guest to dine in the onsite restaurant 20 percent of the time, they are doing well. That means that 80 percent of the time, guests is dining at other restaurants, adding business to other restaurants in the region. The hotel will benefit other restaurants and businesses in town.
Q: Why is Placer County talking about providing incentives to a private developer to build a hotel?
A: There are many reasons why no new lodging has been developed on the North Shore in the last 50 years, and some of them are financial. A Placer County study stated: “Development risk in North Lake Tahoe is too high relative to potential investor return … These high costs include land, holding costs related to the complex and protracted process, acquisition of TRPA-required commodities such as Tourist Accommodation Units (TAUs), Commercial Floor Area and Coverage, up-front fees, potential infrastructure costs such as parking, environmental improvements, and generally higher construction costs.” When a project like the lodge proposes to achieve the community’s long-term stated vision with environmental, economic and community benefits for Tahoe City, the county may assist in overcoming these obstacles.