More Retail Developments at the Y Intersection?
(Lake Tahoe Real Estate Blog / September 24, 2011 / Richard Bolen)
This is all good news for South Lake Tahoe home buyers. Home prices have not been this affordable in a decade, and mortgage interest rates have never been this low.
In addition to these very real home buyer advantages, there are a host of additional South Lake Tahoe positives that make our community even more attractive, and our housing climate even better. These positives include improvements in our infrastructure and private investments in local businesses. All together, what this means is a tremendous amount of very smart money is being put into South Lake Tahoe right now.
This is a part-eight in a 9-part series to help South Lake Tahoe home buyers better understand the ongoing investment into our resort community, and how these infusions make for an even better reason to buy here.
More Retail Developments at the Y?
We've all heard the rumor, a certain retail clothing and home decor store is coming in the old Mikasa and Millers Outpost building at the Y intersection. If the scuttlebutt actually has teeth, then South Lake Tahoe will soon have a new outlet for designer and brand name fashion, accessories and home decor at substantial savings to department store prices.
This will also represent another national business bet into our community, and that will be a good thing for us all.
Here's what we do know that is happening in this 5-year long-vacant location. A fence has been erected and a new roof is being installed. The city says the building may soon have a new tenant.
The South Lake Tahoe, CA residential neighborhoods closest are the Y Area, Gardner Mountain and Tahoe Island Drive.
Other Lake Tahoe Real Estate Blog posts in this series:
Sep 13, 2011: (pt 1) California Conservation Corps Tahoe Service Center
Sep 14, 2011: (pt 2) Trout Creek to Ski Run Project
Sep 15, 2011: (pt 3) Lake View Commons
Sep 16, 2011: (pt 4) Sierra Colina Village
Sep 17, 2011: (pt 5) South Lake Tahoe High School Improvements
Sep 21, 2011: (pt 7) New Developments at The Y
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