The Future Is Legendary

A NEW VISION

THE VILLAGE AT PALISADES TAHOE DEVELOPMENT INITIATIVE

Since our founding in 1949, Palisades Tahoe has stood as a symbol of what’s possible when vision meets courage. Now, we’re taking the next leap – reimagining our base village experience for the future generations of athletes, families, locals, and guests from all over the world.

With the proposed amendment to the Village Specific Plan, this next chapter focuses on a balanced approach to progress.

Following the recent refinement of the Village Specific Plan — including a reduced development program, expanded forest recreation areas, and continued commitments aligned with community priorities — this next chapter focuses on a phased, balanced approach to progress.

The Future is Legendary represents more than a development. It’s our commitment to elevate what is already great – honoring the spirit of this legendary mountain while building a world-class village experience that’s vibrant, sustainable, and unmistakably Palisades Tahoe.

Grounded in community and guided by our values of stewardship, authenticity, and progress, this plan redefines what a mountain village can be — a walkable, welcoming base that is alive with local energy, where shops, cafés, and services bring people together and meet the needs of both visitors and locals. Together, we’re creating a destination that meets the moment and inspires the future.

A Message from the COO

Amy Ohran, President & COO, Palisades Tahoe

Every generation redefines what it means to be bold. In 1960, the world came to this valley to witness something extraordinary – and that spirit has lived on ever since.

The Future is Legendary is an initiative that takes yet another bold step forward. We’re investing in our village and in our community – expanding access, improving experiences, and ensuring Palisades Tahoe continues to be a place where the world gathers to push boundaries.

This is about more than development. It’s about doing right by the land, our community, and the mountain that has given so much to all of us. Together, we’re writing the next chapter – reinforcing the resort’s unrivaled legacy. Our story is far from complete.

All my best,
Amy

Our Focus

We believe the best way to evolve is together. Every step of this development plan is grounded in partnership with our community and guided by three core priorities:

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Stewardship
We’re improving infrastructure and protecting the natural beauty of Olympic Valley for generations to come.

Experience
We’re shaping a base village that matches the mountain’s legendary terrain – with vibrant, year-round offerings that connect people, nature, and culture.

Community
We’re building in collaboration with local residents, partners, and employees – ensuring that growth uplifts everyone who calls this valley home.

Stewardship
We’re improving infrastructure and protecting the natural beauty of Olympic Valley for generations to come.

Experience
We’re shaping a base village that matches the mountain’s legendary terrain – with vibrant, year-round offerings that connect people, nature, and culture.

Community
We’re building in collaboration with local residents, partners, and employees – ensuring that growth uplifts everyone who calls this valley home.

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The Plan

project evolution:
2024 approval to 2025 amendment

This revised plan, reached in partnership with Sierra Watch and The League to Save Lake Tahoe and our community, reflects an updated plan for Palisades Tahoe and our region that will move us, our stakeholders, and our community forward.

Reducing project size

Shifting development away from Shirley Canyon

Creating a more connected,
walkable village

Up to 896 lodging bedrooms (a 40% reduction from 1,493 bedrooms)
Up to 242,000 SF of commercial uses (reduced from 278,000 SF), including up to 72,000 SF for the Mountain Adventure Camp (reduced from 90,000 SF)
±15 miles of trails, new passive and active open spaces
Over 5 miles of scenic pedestrian pathways connecting visitors to the Village, nature and Wa She Shu Creek
Shifting development away from Shirley Canyon – resulting in an almost 24% increase in open space zoning in the main Village. (approximately 40 acres zoned Village-Forest Recreation and Village-Conservation Preserve)
Workforce housing for 296 employees , including accommodation for at least 200 employees within Olympic Valley (convenient access and reduced employee commute impacts)

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Community Benefits

continued commitment to the community

Thank you for joining us on this journey to create a beautiful, thoughtfully designed Village that honors the mountain and is a source of pride for our community.

Workforce housing for 296 employees, including accommodation for at least 200 employees within Olympic Valley (convenient access and reduced employee commute impacts)

Wa She Shu Creek and Olympic Channel Restoration

$2M TRPA Mobility Fee that funds regional transportation initiatives

$800K Regional Interest Contribution to fund social, environmental and other community benefit initiatives

$500K Regional Employee Housing Contribution (in addition to employee housing commitment)
$2.5% Short Term Lodging Fee, in addition to transient occupancy tax, funding workforce housing & transportation initiatives (projected $1M annual revenue at buildout)
$85,000 to support capital expenses related to regional transit initiatives and zero emissions bus infrastructure
Ongoing contributions to TART implementation funds and employee transit pass funds
Ongoing contributions to parks and trail maintenance