Squaw Valley Resorts is proposing to develop a recreation-based, all-season resort community consisting of 1,275 fractional ownership residential and guest accommodation units that would include condominium hotels and semi-attached and detached fractional ownership residential properties.

The four-phase development would be built over 12 to 15 years. The first phase would include approximately 25 acres and almost 1 million square feet of development.

Placer County planning staff gave a presentation recently to the Board of Supervisors.

This project would be on project on a 100-acre portion of the 4,700-acre Squaw Valley General Plan area. The Specific Plan for the development proposes to amend the General Plan.

“This will be a very closely watched proposal as it could have substantial impacts—positive or negative– on water, traffic, air and other quality of life issues for Olympic Valley residents and businesses in the eastern end of Placer County,” Board of Supervisors Chairwoman Jennifer Montgomery said. “Placer County is committed to a full, robust, open and transparent process that will include the voices and input of all affected stakeholders in the region.”

Members of the public also commented on the project and voiced their concerns over several aspects of the project, including its size, building height, water, effect on the valley and Squaw Creek and the Squaw Valley community.

There will be more public meetings in the future.