The TimeShare Times: Ritz-Carlton developers predict project and timehsare will be world famous

By David Bunker

More than 200 guests gathered at the Northstar-at-Tahoe resort Wednesday and celebrated the beginning of construction of a $300-million Ritz-Carlton hotel project that developers say will be world famous.

The 173-room hotel and accompanying timeshare and condominium units overlook the Martis Valley, the Carson Range and portions of Mount Rose.

"This is sure to propel Northstar into one of the top-10 resorts in North America," Maurer said, referring to both the residential and village construction and the new upgrades planned for the mountain.

The project, complete with a 19,000-square-foot spa, is expected to open in 2009. A gondola will connect the new Northstar Village and the hotel area, which in the coming years will be surrounded by the 1,450 condominiums of the Highlands project.

East West Partners and Ritz-Carlton had been working on solidifying the Northstar deal for six years, Frampton said.

The luxury hotel project is just one of the many pieces to East West Partners' massive plans for resort development for the Truckee-Tahoe area.

...timeshare go, go ahead...