Condo Development Site Condo Development Site for sale: (Listed 2007-10-04)

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• Property Value$3,500,000
• Property AddressPowder King Mountain Resort, Northern, BC, Canada
• TypeCondo Development Site

Condo Development Site Address

Powder King Mountain Resort, Northern, BC, Canada

Description

3 key development sites within the Resort Community of Powder King. The properties are serviced, highway accessible & near ready to start construction. Perfect opportunity to be part of booming Northern BC’s top resort destinations.

Features

Listing #: 07260


Price: $3,500,000


Legal Description: Contact Listing Broker


Taxes: Contact Listing Broker


Zoning: Contact Listing Broker


Description: Powder King Overview

Powder King is located in British Columbia’s northern interior at the end of the Rocky Mountain range. It is a two hours drive north of Prince George at the summit of the Pine Pass along Highway 97.

Powder King’s customer base comes from a population of 200,000 that are within a three and a half hour drive of the Resort. This area includes Prince George two hours to the south, Grande Prairie Alberta three and a half hours to the east and the communities in between, Mackenzie, Chetwyn, Dawson Creek, and Fort Saint John.

Air Canada Jazz, Westjet and Central Mountain Air have daily scheduled flights to Prince George from Vancouver, Calgary, Kamloops, Kelowna and Fort St John.

Powder Kings best attribute is its massive, consistent, world class snowfall and excellent terrain; truly, its name says it all. Powder King’s average annual snowfall for the last twenty five years has been 41 feet. Last season Powder King received 50 feet of snowfall. Not only does Powder King have the largest snowfalls but the cold dry atmosphere gives the snow the best quality found anywhere.

Along with over 2000 feet of vertical lift accessed terrain, twenty four groomed runs and excellent glade skiing, the Resort’s main assets are its massive world class snowfall and its untapped real estate resources. Powder King’s Controlled Recreational Area encompasses 2000 hectares or 4400 acres.

Condominium Development

Block F is located between Block E and the Resort’s parking lots. It is a premium seven acre parcel of land that is zoned for multi-family residential condominiums. It is expected to accommodate sixty four units. Plans suggest developing the property with condominium units that are four, six, and eight units per complex. This allows phase construction and makes for a very manageable construction project. Services for this development are already available.

Master Development Plan

*Expansive and comprehensive long term plan completed and supported by the ministry of tourism

*Includes large residential development currently in its infancy stage

*Plans also include the construction of hotel, condominiums and RV Park

*The Master Agreement recognizes the need for making raw undeveloped land available to the Resort for development. This raw land available is within the controlled recreational area set out in the Master Development Plan and is only available for the Resort to purchase.

*Once the land requested for development is purchased by Powder King it can then resell it to a developer or subdivide or develop it for its own use

INFRASTRUCTURE

Sewer

*A sewer waste facility was constructed on the Southeast side of Highway 97, across the highway from the Resort development

*It is a comprehensive waste disposal system that serves as a main infrastructure service capable of supporting the long term development

*The system is comprised of a four cell lagoon design, much like many small community's and small cities throughout this province

*The system is designed to service fifteen hundred full time residents

Water

*The water system at Powder King is a community system owned and operated by the Fraser-Fort George Regional District

*It is a three well system that has been operating since its original construction

*The wells’ supply ability is expected to meet the Resorts Phase One development

Northern British Columbia Economy

*Increasing demand in the mining/resource industry will create more jobs in the North

*Prince George is currently expanding its airport with intentions on making it an international air cargo hub

*Prince George recently added direct flights from Calgary and Edmonton to capture Alberta tourists

*An inland port is currently being constructed servicing Prince Rupert’s Fairview container terminal

*Strong oil and gas sector in Northern B.C and Alberta



Location: Pine Pass, Northern British Columbia


Access: It is a two hours drive north of Prince George at the summit of the Pine Pass along Highway 97.


Services: Contact Listing Broker