323 Residences, Lake Tahoe, Nevada Completes Initial Construction Site Work

323 Residences at South Lake Tahoe announces that initial work on the 323 Residences site has been completed.

The 323 Residences 49-unit luxury condominium development progresses and is scheduled to be built in Lake Tahoe, Nevada on Tramway Drive next to Heavenly Ski Resort.

Local contractor Ferguson Excavating, Inc. handled the excavation and site work. In addition, erosion control measures were taken on the site to ensure that the surrounding land and roadways would not be affected by storm runoff. Construction is expected to be completed in late spring to early summer of 2008, with the Grand Opening of 323 Residences to occur soon thereafter.

About 323 Residences:

Located adjacent to Heavenly Ski Resort, 323 Residences is a full-ownership, luxury residential real estate property located in Lake Tahoe, Nevada. Each of the 323 Residences will enjoy spectacular, unobstructed vistas of either Lake Tahoe or Carson Valley, with penthouse owners enjoying the luxurious views of both. Visit http://323tahoe.com or call us at 866-LAKE-323 (866-525-3323) for more information. You can also visit us at the 323 Residences Model and Discovery Center in Heavenly Village, Space 38,