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May 30, 2012

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Commercial link planned between Lake Tahoe and Carson Valley

Tuesday, Nov. 16, 1999 | 10:11 a.m.

The $700 million project is being proposed by Kingsbury Summit Development. Backers will brief commissioners on their plan when the commission meets Thursday.

Central to the project is a proposed $30 million gondola that would run up Kingsbury Grade from David Walley's Hot Springs Resort near Genoa to Lake Tahoe.

Also envisioned is a huge commercial development east of the Kingsbury ridge line to include a movie theater, shops, restaurants, time-share units and a 500-room hotel-casino.

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