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The Chateau at Heavenly Village Lake Tahoe introduced their soon to be built 4 star condo hotel to the general public in great fanfare on a beautiful sunny day with a who’s who of Lake Tahoe in attendance. Among the distinguished guests were the Mayor, city council members, Tahoe Regional Planning Agency members, numerous notable families from the area, and of course, the all-star team behind the new development.

It was the perfect setting to officially kick off the news about the new hotel and the ownership opportunity. The occasion was marked by great music, lively conversations, and a sense of great anticipation.

The public’s response to the Chateau at Heavenly Village is not what one would have necessarily expected. The various government agencies and planning commissions of Lake Tahoe are notorious for being anti-development. To see them throwing their support behind the Chateau at Heavenly Village speaks volumes about the quality of the future hotel.

There was a time not so long ago when South Lake Tahoe was considered to be secondary to North Lake Tahoe. Much of it was marked by low end hotels and gift shops. This all changed about a decade ago when Vail Resorts, the company that owns Vail and Heavenly ski resorts, decided to give South Lake Tahoe a much needed face lift.

They created Heavenly Village. This large-scale development transformed South Lake Tahoe and Heavenly ski resort into a truly stunning and luxurious vacation destination. They introduced high-end lodging, world class dining, and retail shops and boutiques fitting for such a beautiful oasis. Had Vail Resorts stopped there, it certainly would have been enough. But, they had other plans!

Vail Resorts is now set to take South Lake Tahoe to the next level in sophistication. They are introducing a massive $400 million redevelopment project entailing two luxury condo hotels, a 50,000 square foot convention center, a 16,000 square foot spa, a 1.5 acre park, and a collection of shops and restaurants. Building one is being released this winter.

The Chateau is ideally located in the heart of South Lake Tahoe, directly across from the gondola at Heavenly Village. Guests have immediate access to the ski slopes, beaches, and hiking trails. Guests are also within immediate walking distance to casino nightlife and entertainment.

The Chateau’s first condo hotel will rise 6 stories and have over 200 fully furnished, luxury mountain-style hotel suites. The building will primarily consist of studios and one bedrooms. A few 2 and 3 bedrooms will also be available. Suite sizes will range from 400 square feet to 2000 + square feet.

Owners and visitors to The Chateau at Heavenly Village will experience:

· Walking distance proximity to Skiing, Beaches, and Casinos · 16,000 sq. ft. spa · Fitness Center · Heated pool · 50,000 sq. ft. convention center · 21,000 sq. ft. meeting facilities · Pedestrian overpass to gondola at Heavenly Village · 1.5 acre park · World class dining · Retail shops · Underground parking · Private business center

If you’re interested in seeing some renderings and photos of the future hotel, visit http://www.premiumcondohotels.com/pages/chateau-at-heavenly-village.php

The Chateau at Heavenly Village will likely start getting national attention in the coming months as they unleash their marketing blitz and ski season rolls around. In case you were wondering, the place won’t be open until 2009, so you’ve got plenty of time before you need make your reservations. But, if you actually want to own a suite, you’d better act fast. The suites are going to be sold this spring and most likely they’ll all be snapped up the first day that they are made available.