Development Opportunity including Development Rights and Plans

South Lake Tahoe is a vibrant mountain community with a population of residents and visitors who love to hike, bike, SUP, swim, kayak, ski, and board. Lake Tahoe’s South Shore is in the midst of a revival — old motels are transforming into trendy lodgings, a growing craft brewery scene has emerged, new restaurants are on the rise, and hundreds of luxury condos are set to hit the market. Technology is attracting business owners and workers who are devoted to fostering a unique, active lifestyle revolving around the Sierra Nevada mountains and the largest alpine lake in North America — an unparalleled combination that has people calling South Lake Tahoe the outdoor capital of the world.Vacant parcel at the "Y" intersection including development rights; Parcel already has an approved flexible design format project by the City of SLT and TRPA for a mixed-used building or builder can design their own project, current plans include 7,604 sf total (Retail/restaurant 1st floor; Office 2nd floor; deluxe apartments 3rd floor); Additionally a small accent building housing and art studio and a loft apartment; Building is general purpose and designed for a certified Green Building. Property has TVAP CFA coverage = 6,170 sf with bonus of 1,434 banked CFA. As well as 1212 sf of Offsite Coverage