Construction Updates
June 11, 2006
We are pleased to announce that final construction at
The Cottages at Copper Point will begin this month.
We anticipate having the development completed this fall and should be ready
to transfer title at that time.
We would like to thank you for your patience as we worked through the very
difficult approval process with The Regional District of East Kootenay. The
Cottages at Copper Point will prove to be an excellent financial investment and
a great opportunity to own an affordable mountain property.
Look for an update letter and contact information during the week of June 12-19.
March 4, 2006
We have received
approval for a conditional Development Permit from the Regional District of
East Kootenay. Depending on the weather and the availability of trades, we
anticipate starting construction late April or early May. We hope to have it
completed between the end of August and end of November - much of this time line
is to facilitate BC hydro and RDEK doing their inspections.
Look for pre-construction packages to arrive the week of March 5th, 2006.
January 7, 2006
We are pleased to report we are in the final stages of
the development process at Copper Point. On January 6, we met with the
engineering team at the Regional District of East Kootenay to establish what
final engineering requirements are needed to begin construction in the spring.
On our side of the development every condition has been met. Our plan,
design and schedule have been accepted. The major delay we have experienced
has been with the Regional District of East Kootenay and the Kinbasket Water and
Sewer Company establishing the calculation of water and sewage flows during peak
demand based on seasonal occupancy.
Based on our meeting with the District we now know what is required to satisfy
them with respect to this issue. To satisfy this requirement and to
further expand their capabilities, Kinbasket has entered into an agreement with
Terasen Utilities to run and manage these systems. We apologize for the
delay but are confident that we will be able to begin final construction in the
spring.
October 12, 2005
On Friday October 7, the Regional District of East
Kootenay finally finished their review and gave us preliminary approval for the
sewer and water design. Several modifications are needed and the plan will be
redrawn and resubmitted within the following two-three weeks. This redesign of
the sewer and water system will have no material effect on any of the individual
lots.
Were still hoping to put the deep services in this fall but the shallow
services, final grading and paving will not be completed until spring. Real
estate in the Windermere Valley continues to be an excellent investment as a
very limited amount of supply and the red-hot recreational property market
continue to drive prices upwards. Although we had hoped to finish the
subdivision this fall the delay has actually added value to the lots and
continues to be an excellent investment.
August 29, 2005
Please note: The water issue in Invermere is unique only
to the District of Invermere. The Cottages at Copper Point is outside the
District of Invermere and is in fact in the Regional District of
Windermere - thus not reliant on the town for any of its utilities. Our
water comes from the Kinbasket Water and Sewer Company and they can
deliver more than enough water for our requirements and future requirements for
other subdivisions.
August 20, 2005
Weve now entered our next phase of construction. Starting the week of
August 15th. we began the rough-grading on the roads. This is the phase where
all the cuts and fills are taken out of the landscape and the road is brought up
to its basic grade using the clay material that is available in the subdivision.
We are still awaiting our final design approvals for the water and sewer system
from the Regional District of East Kootenay. This process has taken longer than
we had expected and has set our construction back approximately 45 days. We
expect to receive this approval within the next two weeks at which time the
plans will have to be redrafted again prior to submitting for construction
permits. We still hope to be able to provide the titled lots by late in the
fall.
Photos
Big news out of the District of Invermere last week. There is talk of
beginning to restrict growth within the District of Invermere to 8-10% per
annum. This lack of available growth will continue to drive prices upwards as
demand already far out-strips supply and developable land is in short supply (to
say the least). The Cottages at Copper Point should appreciate at a rapid pace
with this new development.
July 30, 2005
The final design work for the water, sewer and road system has been
accepted by the Ministry of Transportation and the Health Department.
There are minor revisions required by the Regional District of East Kootenay.
These revisions are underway and should be completed by the middle of August.
As these revisions affect only the upper part of the subdivision, we are going
to press forward and install the deep services in the lower half first, then
followed by the upper half. The clearing and grubbing is almost complete
and should be finished by August 4th or 5th. Our anticipated completion
date is now closer to the middle of November.
Photos
May 30, 2005
On May 30, the final design work for the water and sewer system and
the storm water management plan were submitted to the local government
authorities for final approval. This process should take approximately 4 weeks
with an additional 2 weeks allocated for revisions. Were hoping to be digging
by the middle of July with completion approximately the middle of October.
May 15, 2005
Construction commenced on May 15 at The
Cottages at Copper Point. To date, the road right-of-ways have been cleared of
trees and the individual building sites have been staked with their boundaries
at the front and the permanent markers at the back. As the site begins to take
shape, the topography has exceeded our expectations as the view lines are
greater than we first believed. Were excited to continue to move forward and
deliver the final product.
Photos
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