New condo developement by Saas Fee

[scotts]

isnt that usually part of getting the casino licenece is that they have to give something back to the community

like they can donate for trail upgrades and grooming !!!!!!!

I seriously doubt that they would give much money for snowmobiling

 

[maxwell]

hey its an idea right

 

[tmix]

sounnds good to me!

 

[Depsnolvr]

This is me, not VARDA speaking,

but I like the idea of a Casino to start the growth. We need jobs in this town and the Casino talk has brought discussion of a good number of well paying jobs, which is currently what we need. After a few years the Casino will just be another part of the town and offer another activity, it does not have to be the soul of the community.

I think we should look at is as a viable, money making business that can jump start growth and other future development. There are many lurkers looking at Valemount from the outside and waiting for someone to make the first step, and I think Sass Fee can make this first step and be very successfull (with a good main renter) and will lead, while others will soon follow.

I support the idea of the Casino as a starting point, but I also believe our mountains, outdoor aventure and our unique community will shine above, and the proposed Casino will just be another tool in getting our community and its occupants back on their feet.

Heres hoping........

 

[maxwell]

cant wait, another place for us sledders to get drunk and spend money!!!

 

[scotts]

This is me, not VARDA speaking,

but I like the idea of a Casino to start the growth. We need jobs in this town and the Casino talk has brought discussion of a good number of well paying jobs, which is currently what we need. After a few years the Casino will just be another part of the town and offer another activity, it does not have to be the soul of the community.

I think we should look at is as a viable, money making business that can jump start growth and other future development. There are many lurkers looking at Valemount from the outside and waiting for someone to make the first step, and I think Sass Fee can make this first step and be very successfull (with a good main renter) and will lead, while others will soon follow.

I support the idea of the Casino as a starting point, but I also believe our mountains, outdoor aventure and our unique community will shine above, and the proposed Casino will just be another tool in getting our community and its occupants back on their feet.

Heres hoping........

Very well spoken curtis.

 

[trailrider]

isnt that usually part of getting the casino licenece is that they have to give something back to the community

like they can donate for trail upgrades and grooming !!!!!!!

I am not familiar with BC lottery laws, but in Alberta the casinos are worked mostly by non-profit groups. EX- Clamina cabin group. The members work at the casino, say the group works 500 man hours and anouther group works 400 hours a percentage of the profits for that weekend is payed to the non-profit group on a man-hour basis. Me and my wife volenteer with the Tofield Legion and the Holden Cadet group. The last casino we worked for the Legion we put in as a group about 500 hours and received $75,000 give or take a few bucks. They are a very good found raiser for any group. They are very popular fund raiser in Alberta. Due to the popularity and the profit you only get to work one about every 30-36 months. it would deffinitly be worth checking into. I know it does not take that many people to work 4-500 man hours over a three day weekend.

 

[MrMorgan]

trailrider, that is a great point. I didn't even think of the club benefits. I have worked a few casinos in Alberta as well, back when they were still smoke filled (cough, cough), and they paid well. One casino replaced all the other fundraisers for the year.

 

[maxwell]

they may not sell like hotcakes now.

but this is the time to build it.

when you have contractors begging for work rather than turning it away.

that way when its done who knows you might have ended up with an underbuget project than origionally planned and be able to sell them in a new boosted economy a few years from now.

 

[trailrider]

Well I have been building new camps and and office buildings north of FT Mack for the last three and a half years and there was a little bit of a slow down in November but it is already starting to pick back up. I had two of my jobs shut down now they are talking about starting them back up, now that oil is back over $45/barrel. I hope they wait a while I get to go home on sunday with no return trip planed. I have noticed people around Edmonton pinching pennies but there is not much of that going on up north. so hopefully ther will be lots of investers for that new project. Who knows the company that I run jobs for might even get the contract to build it.

 

[steveo10]

wtf is my mcdonalds!

 

[Maxwe]

No mcdonalds. Town council not in favor and if it results in cars idling they like even less.
want sit down traffic not drive by is the thought

 

[MrMorgan]

Removed on request of developer as the information has changed.

 

[RETODD]

Well, the construction mortgage documents are being signed this week. That means retail sales will start shortly. They obtained financing for the entire project, rather than doing it in two phases. They may still break the project into two parts in hopes of pre-selling the first part to pay for the second (to avoid some interest charges).

They believe the have the parking issue solved by making it an uncovered area with bigger access points. I am just waiting to see what the final prices will be for each floor plan to decide if I am in or not.

I will post the prices as soon as I get them.

Please do, interested in hearing how much$$$.

 

[zannydo]

Definitely needed for the towns sake, but I suspect $300K for a condo in Valemount is going to be a tough sell.

 

[maxwell]

Definitely needed for the towns sake, but I suspect $300K for a condo in Valemount is going to be a tough sell.

yes and no. i think trades people and anyone directly tied to oil and whatnot might hold off. but you have your dentists and doctors annd so on that have money burning holes in their pockets right now!!

 

[maxwell]

THANKS!!

how are you related to the project? seem to know everything!!!

 

[MrMorgan]

We met the owner of Saas Fee Land Developments a few years ago and and hit it off. We put their team in touch with some of our contacts in an effort to help the project along and they started including us in the process as a way to say thanks. My wife and I have were considering a move to Valemount full time, so there was the possibility of us doing some other business with them as well. IN the mean time we are looking at these condos as a possible investment that will also provide a product we may get some use out of.

 

[theunit1]

Any word on the condos

 

[Depsnolvr]

I wish !

Saw em in town yesterday, asked when they are starting and was
told soon

I still have faith though