“There will be nothing like this in the Tahoe basin,” Art Chapman, chairman of JMA Ventures, Homewood’s owner, told local media, “It will be an extraordinary place.”
Homewood’s owners since 2006, San Francisco-based real estate investment company JMA Ventures, say the plan is to re-invest income from the sale of lifetime passes into new infrastructure to replace aging machinery then use annual dues to not only keep the centre ticking over, but convert it to a private luxury ski resort. Homewood Mountain, which has operated above Lake Tahoe for 60 years, plans to offer a number of “lifetime memberships”, and will phase out the sale of day passes and annual season passes.
A long-established Californian ski area is to become “members-only”.
