Revelstoke Mountain Resort said it is disappointed to hear about the concerns of homeowners that feel the resort is not developing fast enough, and that it takes them seriously.
“We are both surprised and disappointed to hear that a group of homeowners are concerned with the pace of development,” wrote Peter Nielsen, the vice president of operations for the resort, in a written statement. “The current and future homeowners are important to our development so we take their concerns seriously. We would invite them to reach out individually and direct their questions to us. We are more than happy to engage with individual homeowners and guests alike.”
Nielsen issued the statement in response to a news release issued by the newly-former Revelstoke Mountain Homeowner’s Assocation.
RMHOA was critical of the pace of development of the resort and the lack of new lifts and other on-mountain infrastructure. The group said it wanted to see the 2004 Master Development Plan updated to include timelines on investment, and that it wanted to be consulted as an advisory group to Northland Properties, the owners of RMR.
In his response, Nielsen says RMR has invested millions of dollars in lift infrastructure, hotels, restaurants and on-mountain improvements since 2008, and that is expanding lift capacity and summer operations this year.
“We will continue to invest in the community and the resort at a sustainable pace and in synch with the growth of summer and winter visits. Revelstoke Mountain Resort is building out the master plan, but it is in response to market demand,” states Nielsen.
Future priorities, which it says is market dependent, include a new food & beverage facility at the top of the gondola, a new 130-room hotel, and lifts 11 & 1 on the master plan.
Lift 1 would start from near the current base to a point just above the gondola mid-station and lift 11 is a short lift that would start at the top of the gondola and help provide access to the Ripper Chair.
The resort says there are still 25 lots, 120 condos and 400 acres of serviced land unsold.
“Unfortunately recreational real estate has not recovered to pre-2008 levels. Revenue from the sale of real estate funds infrastructure improvements. We want to hear any and all suggestions on how owners can assist us to sell real estate.”
You can read the complete statement, including a chronology of investment below.
Revelstoke Mountain Resort statement by AlexCooperRTR on Scribd
