KSL Capital Partners bought Squaw Valley in 2010 on a bet that the Placer County Board of Supervisors would approve any real estate development scheme they could cook up. In this case, six city blocks of condo-hotel highrise development, 21 mansions in the mouth of Shirley Canyon, and a massive indoor waterpark as wide as Walmart but more than twice as tall. And they were right about that, Placer County rubber stamped their plan at the end of 2016.
But they weren’t counting the strength of the movement to Keep Squaw True, or the depth of Sierra Watch’s commitment to a better future for Squaw Valley and all of North Lake Tahoe. And if they think it’s over they’re wrong about that too.
Sierra Watch has a proven track record of turning irresponsible development proposals into better outcomes, and we’re applying our experience and expertise to a long-term commitment to keep Squaw true for ourselves, and for future generations.
We’ve already challenged Placer County’s decision in court, pointing out fatal flaws in their environmental analyses and backroom deals that prevented full public participation. Those challenges have put KSL’s plans on hold for now, and we’re confident a judge will ultimately agree that Placer County’s approvals can’t stand.
We’re also working with a team of scientific and legal experts to explore options that would more permanently protect Tahoe’s Squaw Valley from similarly ill-conceived schemes in the future. Check back here soon for more information on that.
You can read KSL and Placer County’s plan for Squaw Valley, their flawed environmental analysis, and our legal challenges, at the links below. It’s not light reading, so don’t hesitate to contact us with any questions.