Majority of buyers hailing from Calgary
To date, the majority of buyers have come from Calgary and other centres in Alberta. As well, interest has been received from the United States and England, according to Donna.
Company president Dave Rae says the current economic conditions have slowed progress of the development, but buyer interest remains.
“The slowdown in the economy has made people more cautious before purchasing, wanting to obtain maximum value for their dollar,” he says. “They want quality construction, extra home features, low maintenance, lake access, and family amenities — all at a reasonable cost.”
Rae estimates total build out of Spirits Reach is still 10 years away, two years longer than originally planned.
Spirits Reach is being developed to minimize the impact on the property. The homes feature geothermal heating, a heat recovery ventilation system, energy-efficient appliances, windows, and water-conserving fixtures, and formaldehyde-free insulation, wood and natural products, and low VOC paints.
The Raes hope that future phases of the development will show an increase in energy efficiency. On the development side, Spirits Reach has minimal light pollution, a trail system, forest restoration, and a about 100 hectares of reserve/preserve.
“In every aspect of development, Columere Park Developments has aimed to work with nature and preserve the natural integrity of this special place,” says vice-president Donna Rae.
“The land planning, architecture, amenities and activities are all products of thinking beyond conventional boundaries, and putting nature first.”
One of the more unique elements of Spirits Reach is the railway bridge that has been built to provide safe access for residents across an existing CP Rail line to the beach and Lakehouse.
“The bridge is 180 feet long, 10 feet wide and 30 feet high,” says Dave. “It required the involvement of 17 engineers to get in approved and was built at a cost of $750,000.”
Once at the beach, residents can spend time in the 1,500-squarefoot Lakehouse, built to resemble a railway station. From here, residents can use kayaks, paddleboats, sailboats and canoes in the summer. In winter, it is the site of skating parties, hockey, and ice fishing. The Raes have a long and loving relationship with the land they have bought and developed.
It goes back to 1988 when they bought that first chunk of Columere Park dirt and by 2000 they had completed development of Columbia Ridge.
After purchasing the first parcel of land in 1999, they got serious about creating Spirits Reach and by 2007 had acquired all of the existing land to move forward with planning and development. Spirits Reach.
Columere Developments Ltd.
Columbia Valley, British Columbia. Halfway between Fairmont Hot Springs and Canal Flats.
Spirits Reach is a master-planned community that will be made up of 400 homes in four different neighbourhoods on both sides of Highway 93/95. The development is being created using sustainable, energy-efficient, and healthy elements, including geothermal technology, formaldehyde-free products, and energy-efficient appliances. It will also retain natural grasslands and wildlife corridors. PRICES: The price of homes in the first phase range from $629,900 to $899,000 and will range in size from 1,600 to 1,900 square feet.
For information, visit www.spiritsreach.com or call 1-877349-7575.
Spirits Reach, will eventually have 400 homes in various sizes and price ranges. The major of the buyers are from Alberta.
The interior of one home.
Dave and Donna Rae, principals in Columere Park Developments which is developing Spirits Reach in Columbia Valley.
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