Osoyoos Indian Band Proceeding with Canyon Desert Golf Resort
$150-million Destination Resort Community in Oliver, British Columbia
OLIVER, BC, Canada, November 24, 2009 - Late last week members of the Osoyoos Indian Band resoundingly voted in favour of moving ahead with the development of Canyon Desert Golf Resort, a new resort community on Band lands in the Oliver area. The Land Use Designation Vote had a strong turnout from Band members eager to cast their vote in favour of economic development in South Okanagan region.
Experienced developers Bellstar Hotels & Resorts, the Osoyoos Indian Band Development Corporation and Watermark Asset Management Ltd. came together in early 2009 to create an exceptional resort community in this idyllic South Okanagan town of 4,500. They will jointly develop Canyon Desert Golf Resort, a $150-million destination resort community in Oliver, British Columbia. Located on NK'MIP Canyon Desert Golf Course and the shores of Tuc el Nuit Lake, the destination will offer 450 golf and lakefront condominiums, villas and resort lodge suites along with a host of mixed amenities.
Chief Clarence Louie notes, “The Osoyoos Indian Band has aspired to develop the lands adjacent to our golf course since we completed Nk'Mip Canyon Desert Golf Course in 2000. This will be a very positive development for the Band, our partners and the region.”
“Bellstar and Watermark worked with the Osoyoos Indian Band to achieve informed consent among its members,” says Jon Zwickel, Bellstar's Executive Vice President. “There are considerable tasks ahead, but this project has the unique ability to deliver a diverse, exceptionally well-planned, well-priced offering of waterfront townhomes, golf-front condominiums and hotel suites in an integrated resort environment.
”With signs of economic recovery on the horizon, real estate sales could commence in the spring of 2010, with development starting soon after. The first phase of the development should be completed by the fall of 2011.
For more information on Canyon Desert Golf Resort www.canyondesertresort.com
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