We've been waiting with bated breath. (Well, that's not entirely accurate. Some are aghast at the changing face of Tahoe.) But the day has arrived at Northstar-at-Tahoe: construction for the area's first five-star ski-in/ski-out resort is now underway. The new $300-million resort project, which will also include residences, is scheduled to open in 2009. The Ritz-Carlton Highlands will have 173-rooms and a 20,000 square foot spa, featuring pool and treatment rooms with mountain views, and oodles of meeting space.

Via Yahoo! News