Buyer Emerges for Key Lot on the South Shore

Ski Run lot was owned by redevelopment agency

By Elaine Goodman

Tahoe Business Monitor

Monitor Story Redevelopment A 1.5-acre empty lot at the southwest corner of Ski Run and Lake Tahoe boulevards is a step closer to being developed.  Pasadena-based Halferty Development Co. has offered to buy the property from the city for $799,000 – an offer the city has accepted, according to City Attorney Patrick Enright. Because it’s a former redevelopment agency property, there are a few more steps before the deal is finalized.

Halferty has developed shopping centers in California, Colorado and Nevada, as well as several Southern California office buildings. They also work with Rite Aid and Sav-On drug stores. Halferty hasn’t yet talked publicly about plans for the South Lake Tahoe site, and a Halferty representa- tive was not immediately available to talk to the Monitor.

But more might be revealed when the proposed property sale goes before an  oversight board on Nov. 29. The meeting is scheduled for 3 p.m. in City Council chambers. With approval from the Oversight Board, the deal would then go to the state Finance Department for approval.

Ski Run lodging for sale By Elaine Goodman Tahoe Business Monitor
Monitor Story Ski Run Motels for sale are abundant throughout South Lake Tahoe. Still, it seems strange somehow to discover three lodging properties along a short stretch of Ski Run Boulevard that are on the market: the Black Bear Inn, the Deerfield Lodge and the Alder Inn.
For Black Bear Inn owner Jerry Birdwell, there’s nothing mysterious about the bed and breakfast being up for sale: He’s simply ready to retire.  Birdwell and his partner, Kevin Chandler, built the inn in 1999. In addition to running the inn, Birdwell served a term on the South Lake Tahoe City Council from 2006 to 2010, including a year as mayor. Now, he wants to spend more time on the farm he owns in Sutter Creek. “It’s been fun. It’s been wonderful,” Birdwell said of his time running the inn.
The Black Bear Inn was put on the market a month or two ago, Birdwell said, and is listed with Deb Howard & Co. for $3,750,000. The inn features 10 bedroom suites and three cabins on 1.1 acres, with an average daily room rate of $282. There’s also a commercial kitchen.
According to the real estate listing, the property is “zoned both residential and commercial, so it can be purchased as a turnkey business or as a family or company com- pound.”
Right next door to the Black Bear Inn is the Deerfield Lodge at Heavenly. It’s also listed with Deb Howard & Co., at a price of $1,500,000. The lodge has been on the market for some time; as of mid-November, there was an offer pending.

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