Public meeting next week on Crown motel redevelopment
KINGS BEACH, Calif. — Laulima Partners LLC — the Bay Area-based developer that owns the Ferrari Crown Resort — will host a community update meeting on its redevelopment plans on Oct. 20, from 6-7 p.m. at the North Tahoe Event Center in Kings Beach.
Earlier this year, Laulima acquired 4.5 acres on both sides of Highway 28, at 8200 North Lake Blvd., in Kings Beach from the Ferrari family, and have plans to redevelop the property to include a mix of uses such as commercial, residential and lodging.
“We are at a point in our planning process where we would like to check in with the community on our ideas so far,” said David Bouquillon, managing partner with Laulima Partners, said in a statement.
Plans for the lakeside portion of the development will reportedly be submitted to the Tahoe Regional Planning Agency and Placer County later this year, while mountainside plans are expected to be submitted next spring.
“The plan is based on an overarching vision for redevelopment in the Kings Beach commercial core area and will include up to three separate applications for various aspects of the project,” according to the developer.
Laulima Partners is planning no additional hotel or residential units within the redevelopment project area, according to a news release from Fresh Tracks Marketing.
Existing uses within the project area today include 117 lodging rooms, 34 residential units and 5,500 square feet of commercial space, according to previous Sun reports.
Marin County-based Highway 1 Hospitality will serve as a project partner and will operate the Crown motel during the eventual planning and approval process.
Of note, Laulima is the same company that’s signed an exclusive agreement with the North Tahoe Public Utility District to operate the North Tahoe Event Center.
“This proposal is separate from our Crown Redevelopment Project,” Laulima officials said in a previous report.