Vancouver Sun

Whistler Blackcomb touts major investment

Developmen­ts pegged at $345M


Whistler Blackcomb Holdings Inc. has announced plans for what it calls its largest investment in the company’s history: an estimated $345-million investment that includes a new lift, an indoor adventure centre, a new village at the foot of Blackcomb Mountain, two real estate developmen­ts and an indoor water-based adventure centre at Blackcomb’s upper bases.

The enhancemen­ts are to be rolled out in three phases to “further solidify and enhance the company’s reputation as one of the world’s greatest four-season mountain resorts,” the company said in a release late Tuesday.

The new enhancemen­ts, called Renaissanc­e, will “further diversify our revenue and enhance the activities available for our guests while elevating Whistler Blackcomb’s core skiing, mountain biking and sightseein­g experience­s,” Whistler Blackcomb president and CEO Dave Brownlie said in a statement.

According to the release, Phase 1 of the plan includes an estimated $90-million to $100-million investment in new mountain adventure experience­s. There would also be an expansion of the Whistler Mountain Bike Park into the Creekside zone, including 50 kilometres of new downhill mountain biking trails.

Phase 2 includes an estimated $105-million to $115-million investment in a new day lodge and snow school facility within the adventure centre on Blackcomb Mountain, a two-storey parking complex at Blackcomb’s upper Base 2 area, and other infrastruc­ture projects to lay the foundation for Renaissanc­e Phase 3, which includes the developmen­t and sale of around 60 ski-in ski-out townhomes totalling about 160,000 net salable square feet.

Phase 3 also includes at least $140 million worth of investment in Blackcomb’s base area in the Upper Village.

Whistler Blackcomb said Renaissanc­e is subject to a number of conditions, including municipal and provincial government approvals, and the completion of consultati­ons with the Squamish and Lil’wat First Nations. The company estimates the constructi­on period for phases 1 and 2 could last five years.

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