Palisades Tahoe village from above at dusk

The Future Is Legendary

A NEW VISION

THE PALISADES TAHOE VILLAGE IS UNANIMOUSLY APPROVED

Today, the Placer County Board of Supervisors unanimously approved the amended Village at Palisades Tahoe Specific Plan – a major milestone in the future of Olympic Valley and the next chapter of Palisades Tahoe.

Shaped through years of collaboration with the community, County staff, and regional partners, the approved plan reflects a more balanced and community-focused vision for the future. The updated proposal significantly reduces the scale of development, cuts hotel and commercial density, phases growth over approximately 25 years, expands protected open space, and prioritizes investments in workforce housing, transportation, environmental restoration, public safety, and year-round recreation.

Designed largely within existing developed areas and parking lots, the plan reimagines the base village experience while honoring the character, spirit, and natural beauty of Olympic Valley. From new trails and creek restoration to improved skier access, pedestrian connectivity, and spaces designed to bring people together, the vision represents a long-term investment in both the resort and the greater North Lake Tahoe community.

A Message from the COO

Amy Ohran, President & COO, Palisades Tahoe

We appreciate the Board’s decision, the extensive, comprehensive work of Placer County staff and their environmental consultants, and the involvement of the community in this process.

The approved plan is meaningfully different from where it began. Through community input and collaboration, the plan was reduced in size, shifted development away from Shirley Canyon, increased open space, and strengthened commitments around employee housing, transportation, environmental stewardship, and public safety. The plan that the Board approved today is much smaller and creates a much deeper sense of place.

We’re excited to move forward with the creation of much-needed in-valley workforce housing as part of the first phase, while delivering infrastructure, environmental restoration, and community enhancements that will benefit Olympic Valley for years to come. And as we take these next steps, we remain committed to ongoing dialogue and continued community engagement.

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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The Plan

PROJECT EVOLUTION:
2024 APPROVAL TO 2026 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 222,000 SF of commercial uses (reduced from 277,733 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 295 employees , including accommodation for at least 200 employees within Olympic Valley (convenient access and reduced employee commute impacts)

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 295 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

Evolving with Intention

Our approach is measured and mindful – ensuring progress unfolds at the right pace, sensitive to the community and stakeholder concerns

A New Village Takes Flight

Stay connected as The Future is Legendary takes bold steps forward.

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Press & Media

For media inquiries, imagery, or press releases, please contact our communications team.

media@palisadestahoe.com