VOLUME 16 ISSUE 13
YOURS FREE TO TAKE HOME
DECEMBER 21, 2018 — JANUARY 24, 2019
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Have a ʻʻBeary cHristmasˮ and a Happy new year from our families to yours! tHe team at Bear country 3220 Village Way Sun Peaks, BC, V0E 5N0 1-250-578-6969 / 1-800-811-4588 www.bearcountry.ca
Estimated $75 million in development in 2018
VILLAGE WALK’S 24 UNITS SOLD OUT IN LESS THAN A YEAR. Photo supplied
JEAN STRONG
ON A BRIGHT BLUEBIRD DAY IN SUN PEAKS, DEVELOPERS, POLITICIANS AND SUN PEAKS RESORT LLP (SPR) CELEBRATED THE COMPLETION OF VILLAGE WALK, A LUXURY TOWNHOME DEVELOPMENT STEPS FROM THE VILLAGE STROLL. “It’s a pretty damn good looking project,” A&T developer Frank Quinn said to the crowd on Dec. 15. A&T Project Developments is also building Echo Landing, currently under construction, and Elevation, projected to go on sale in 2019. The project is one of many that made 2018 one of, if not the largest, year for development in the community’s history. “It was a very big year in terms of total development in Sun Peaks,” said Darcy Alexander, general manager of SPR. “We had three or four real estate projects in various phases of work, staff housing,
Village Walk, Echo Landing, and new project development on top of that like the guys in Peaks West down on the Burfield side and The Burfield across the street.
“IT WAS PROBABLY OVER $75 MILLION IN DEVELOPMENT ON THE MOUNTAIN THIS YEAR WHICH IS MAYBE THE BIGGEST YEAR WE’VE EVER HAD.”
Another large investment was the new Orient chairlift at $4 million. Other investment concentrated in the West Village by other developers exceeded $10 million. It was the largest year for Sun Peaks Mountain Resort Municipality (SPMRM) which sold $158,000 in building permits, representing over $30 million in development. Rob Bremner, SPMRM’s chief administrative officer, said it’s the largest year they’ve had since inception. “We didn’t predict this year,”
FRANK QUINN, NANCY GREENE RAINE, GARY REED, AL RAINE, PETER MILOBAR, DARCY ALEXANDER, JEFF ARNOLD AND BRANDON LOLLI CELEBRATE THE COMPLETION OF A&T PROJECT DEVELOPMENT’S VILLAGE WALK. Photo SPIN
he said. “Next year I think we’re fairly optimistic. It’s one of those ones you just never know.” The significant growth has led to an increased impact on local infrastructure which the municipality has been working to handle. SPMRM took over
water and wastewater utilities in an effort to keep rates lower for taxpayers by applying for grants and creating a development cost charge bylaw. The provincial government rejected the first DCC bylaw put forward by council in
the fall but it has since been submitted with the suggested changes and Bremner is hopeful it will be approved in early 2019. “We see periods of growth
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CAHILTY HOTEL, HEARTHSTONE LODGE, CONDOS & TOWNHOUSES WE HAVE WHAT IT TAKES TO TURN YOUR INVESTMENT INTO PROFIT VOL 16 ISSUE 13 DECEMBER 21 — JANUARY 24
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