941 Emerald Bay Rd South Lake Tahoe, CA 96150

This vacant parcel at the "Y" intersection comes with development rights and an approved flexible design format project by the City of South Lake Tahoe and TRPA. The current plans feature a mixed-use building of 7,604 square feet, including retail or restaurant space on the first floor, office space on the second floor, and deluxe apartments on the third floor. Additionally, there is a small accent building designed to house an art studio and a loft apartment. The building is designed for general purposes and intended to meet certified Green Building standards. The property includes TVAP CFA coverage of 6,170 square feet, with a bonus of 1,434 square feet of banked CFA, as well as 1,212 square feet of offsite coverage. Located in the Tahoe Valley Area Plan, the developer has the option to use the current plans or design their own project. The property features 1,434 square feet of banked CFA, 6,170 square feet of bonus CFA, and 18,633 square feet of coverage (banked and paid for, with no new TRPA coverage fees). It has a 45-foot height restriction and a TRPA Class 7 land rating, along with a grandfathered Caltrans encroachment.