The Placer County Board of Supervisors voted unanimously to approve an amendment to the Village at Palisades Tahoe Specific Plan, allowing Palisades Tahoe to move forward with the development.
The amended project includes a 40% reduction in total hotel and condominium bedrooms compared to the adopted 2024 plan, decreasing from 1,493 to 896, and a 20% reduction in total commercial space in the main Village area, from 277,733 square feet to 222,000 square feet. The Mountain Adventure Center has also been scaled back, with its footprint reduced from 90,000 to 72,000 square feet and its height lowered from 96 feet to 78 feet.
The majority of the plan will be constructed on existing asphalt parking lots and other areas while more than doubling the acres designated for open space. The plan also establishes standards and guidelines around building heights, setbacks and other design elements.
“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,” said Amy Ohran, President and COO of Palisades Tahoe. “Over the last 18 months, we have leaned in, listened closely and made meaningful adjustments that reflect what we heard. 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. This plan reflects a balance of progress and preservation, and both must be true for the future of Olympic Valley.”
This plan includes dedicated workforce housing for 295 employees, along with a $500,000 regional employee housing contribution. It also establishes an $800,000 regional initiative fund to support environmental restoration, public trails, and public safety improvements, and includes support for a new West Valley Fire Substation.
Additional elements of the plan include extensive restoration of Washeshu Creek and the Olympic Channel, along with new and expanded trails and trail enhancements designed to improve connectivity and outdoor access.
The project proposes up to 896 lodging bedrooms, including a mix of hotel, residential condominiums, fractional ownership, and timeshare accommodations. Planned amenities include the Mountain Adventure Camp, a year-round indoor facility designed for mountain training, recreation, and resort guest experiences.
APRIL 16, 2026
On Thursday, the Placer County Planning Commission unanimously recommended approving the Village at Palisades Tahoe specific plan.
Palisades Tahoe had reached an agreement with Sierra Watch and Keep Tahoe Blue to downsize the development.
That plan included reducing the total number of lodging bedrooms by 40 percent, from 1,493 to 896.
It also reduces commercial space from 278,000 square feet to up to 242,000 square feet, according to a release from Palisades Tahoe.
Development has also been shifted away from Shirley Canyon, resulting in an approximate 24% increase in open space zoning within the main Village, including roughly 40 acres designated for Village-Forest Recreation and Village-Conservation Preserve.
The Placer County Board of Supervisors will consider approving the project next month.
The plan they will consider reflects significant public input gathered during more than 300 community meetings and participation from over 5,000 people.
(Palisades Tahoe contributed to this report.)
