Ma­jor­ity of buy­ers hail­ing from Cal­gary

Calgary Herald - Calgary Herald New Condos - - Re­cre­ation & In­vest­ment Prop­er­ties - DE­VEL­OPER:

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.spir­it­ or call 1-877349-7575.

Pho­tos, cour­tesy Col­umere Park De­vel­op­ments Ltd.

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.


Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.