Cranbrook Daily Townsman, May 27, 2014

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Tuesday

< Schmidt leaves the Avs

May 27, 2014

Volleyballer heading to university level | Page 7

Mudslides of Kimberley > Wallinger Avenue sloughs again | Page 4

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Vol. 63, Issue 100

Proudly serving Cranbrook and area since 1951

www.dailytownsman.com

Sally MacDonald photo

Teachers in Cranbrook and throughout the East Kootenay walked the picket line on Monday, May 26, in the first scheduled rotating one-day strike in B.C. The strike represents the second phase of job action by B.C. Teachers Federation members. The B.C. government has countered the move with a 10 per cent wage cut for the duration of the job action and a lockout that means teachers cannot arrive more than 45 minutes before classes begin, must leave within 45 minutes of classes ending, and cannot work during breaks. Pictured: teachers and CUPE workers in support picket outside Mount Baker Secondary School on May 26.

Shadow Mountain reborn as River’s Crossing Westpoint Capital of Edmonton takes over residential development, holding open house this weekend

Barry Coulter

A troubled development within City of Cranbrook limits, sitting on the banks of the St. Mary River, is in full rejuvenation mode. The property formerly known as Shadow Mountain has been purchased by Westpoint Capital, an Edmonton investment fund manager. And Westpoint has invited the public to a pair of open houses at the site — now known as River’s Crossing — this upcoming weekend, Friday and Saturday. Earlier this year, the adjacent golf course was purchased by an Edmonton-based oil and gas company. Among those who will attend this weekend’s open house will be Westpoint Chief

Executive Officer Munir Virani, who spoke to the Townsman on Monday about River’s Crossing. “It’s a great opportunity and we’re really excited about it,” Virani said. “We think it’s great news for Cranbrook as well, to finally get some certainty about what’s happening with their ‘northern border’ of the city.” On Friday, May 30, at 4 p.m., a ribbon-cutting ceremony will officially launch Westpoint’s involvement with the development. “Our sales centre has been open, but this will be our official opening of the sales centre,” Virani said. “And we’ll be officially announcing to the community that we have purchased the development and are open for business.”

He said the original vision of Shadow Mountain remains sound. “It continues to have strong, attractive draws to anyone who wants to live in an area that has the amenities you want, to live the life you need, but have the beautiful mountains, the river, the ponds, the golf course — it’s just a very rich place to live in terms of lifestyle,” Virani said. Currently 47 lots have been sold in the development, Virani said, with 10 houses built and residents living on the property. “So this is not something that’s starting from scratch. This is something where there was a lot of momentum, there was a lot of interest.

See RIVER’S , Page 3

shadowmountain.ca

Earlier this year, Shadow Mountain Golf Course was purchased by an Edmonton-based oil and gas company. Now another Edmonton company has purchased the residential side of the development.


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