Alterra Mountain Co. receives approval for largest Tahoe Resort and Massive Ski Village, Palisades Tahoe

  • 12/2/2024

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After a public hearing that lasted nine hours, the Placer County Board of Supervisors last month voted to approve a controversial new ski village that will be added to the Palisades Tahoe resort in Olympic Valley.

Alterra Mountain Co., a Colorado firm that owns Palisades Tahoe, has for the past 13 years been seeking approval for an expansion on 85 acres of land mostly occupied by asphalt parking lots adjacent to the resort’s base.

The project will add about 850 lodging units, 1,500 hotel rooms, 300K SF of commercial space including restaurants and a movie theater, 3,000 parking spaces and housing for 300 ski area employees to create what the developer is calling “a world-class village commensurate with our world-class mountain.”

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