Dollar Creek Crossing update

DCC heading

Progress and Updates

 

Hello,

Thank you for your interest in this project. We’re writing to update you on the County’s progress on the proposed Dollar Creek Crossing site. Placer County with the Tahoe Truckee Airport District purchased the 11-acre Nahas property near Tahoe City in October 2019 to help find solutions to the Tahoe regional housing crisis. No project proposal has yet been brought forward for formal consideration or approval. The County with Related-Pacific, our development partner selected following an extensive interview process, has held five community meetings about this potential project since 2018, with the most recent in January of 2020.

 

Project Studies

Since then, and in response to feedback, the County’s project team has been conducting additional project studies to better define the project’s foundational framework. These additional project studies include the following components:

  • New Economics Advisory (NEA) - Financial Feasibility and Demand Analysis to determine the best mix of workforce/achievable housing products at the site.
  • Williams + Paddon Architects + Planners (W+P) - site analysis to study the interrelationships of physical site characteristics, surrounding neighborhood context, and provide updated site plan sketches with potential residential and commercial use types.
  • LSC Transportation Consultants - transportation analysis to review specific site access concepts.
  • Adrienne Graham - fire risk study to analyze areas of project planning and design for fire safety.
  • Mapca Surveys - civil site surveying for mapping accurate boundary, topography, vegetation, and other existing site features. 

Dollar creek

site analysis

Financial Feasibility and Demand Analysis

The Financial Feasibility and Demand Analysis is intended to determine the best mix of workforce/achievable housing and includes the following four tasks:

Task 1: Analyze historic/existing residential market trends and establish initial financial feasibility parameters (completed)

Task 2: Identify & perform market overviews on potential land use types and summarize key takeaways (completed)

Task 3: Conduct pro forma analysis of selected land use types from Task 2 (upcoming)

Task 4: Prepare market study for Low Income Housing Tax Credits application (upcoming)