If you’ve been awaiting news about long-delayed expansion plans at Everline Resort and Spa in Olympic Valley, you can officially stop holding your breath. Though the resort has maintained permits for a massive phase two of development dating back decades now, owners of the resort have confirmed with Moonshine Ink that construction plans are not likely at this point.
“Phase two is not going to happen anytime soon, if at all,” said Ivan Ting, the Hong Kong-based controlling shareholder of Everline Resort. “Construction costs make a project of that size cost-prohibitive at this time. It’s safe to say this construction is not happening now.”
Formerly known as the Resort at Squaw Creek, the 405-room hotel was originally built in 1990, with the first environmental impact report dating back to 1985. At the time, Placer County also approved a phase two of development that provided a conditional use permit to essentially double the current size of the hotel. Phase two, which was mapped out in three subsections, called for the construction of an additional 221 condo units — totaling 460 bedrooms across three buildings — as well as 24 single-family townhomes, a parking garage, commercial spaces, and employee housing. It also included realignment of the existing access road and reconfiguration of a section of the parking lot.