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Kootenay Regional Business Round-Up

Cranbrook, Fairmont, Castlegar/Nelson
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Clockwise from top let: Darren Brewer of the City of Cranbrook; Brenda Groff of Greystone Merchantile; Fairmont Hot Springs Resort has been sold.

Cranbrook: Choose Cranbrook Offers Real Time Data Portal

Ever wondered what the up-to-minute demographic profile of Cranbrook is? What is the City’s vacancy rate? How many households are there in Cranbrook? What impact does tourism have on Cranbrook?

You can find the answers to these questions and many more in the City’s new real time data information portal on their website.

“This information is presented in real time. We have partnered with a number of companies including Telus to provide this important data,” said Darren Brewer, Economic Development Officer for the City of Cranbrook. “The data portal is designed to give businesses real time data to help them invest in our community and provide a snapshot of the economic vibrancy of our city.”

He added that the new data portal is a valuable tool for everyone from real estate developers to students doing demographic research.

Check out the real time data portal at www.choosecranbrook.ca

Fairmont: Fairmont Hot Springs Resort Sold for $40M

Fairmont Hot Springs Resort — with Canada’s largest mineral hot springs, a 153 room hotel/lodge, golf courses and ski hill — has been sold.

The sale of the resort in Columbia Valley was announced in mid-June by Aldesta Hotels and Resorts based in Vancouver. The resort and property had been valued at about $50 million.

The selling price was not disclosed but Western Investor reported it sold for $40 million.

Aldesta owns five other properties, three in BC including Harrison Hot Springs Resort, Harrison Lake Hotel and Poets Cove Resort on Pender Island.

The other two, Heron Island and Wilson Island, are near the Great Barrier Reef in Queensland, Australia.

Ken Fowler Enterprises had owned the resort since 2006, when the Ontario-based company purchased the resort from the Wilder family.

Castlegar/Nelson: $34M Stackable Student Housing Project Comes to Selkirk College Campuses

With the foundation laid for 150 new beds of student housing at Selkirk College, the new student housing project at Selkirk College’s Silver King Campus in Nelson and the Castlegar Campus is well underway.

The modular build process being used in the construction of the $33.9 million project saw the Silver King Campus three-storey building erected quickly in early-May and at the Castlegar Campus in mid-June.

“There is a Lego feel to it,” says Stephen Monahan, Selkirk College’s manager of capital projects.

The design-build contract was awarded to Alberta-based Scott Builders. The modular units come complete with drywall, insulation, windows, cabinets, interior paint, electrical/plumbing and flooring. A crane was used to stack the modular housing units.

Cranbrook: Greystone Mercantile Moves To Baker Street

Brenda Groff and her husband Floyd have moved their store, Greystone Mercantile, to Cranbrook’s Baker Street. The new space offers a wide lineup of gift and decor items.

Greystone Mercantile carries unique gifts, with an emphasis on locally curated and Canadian products. They carry premium bath, body and skincare items made from natural ingredients, jewelry, home decor and more.

“We are excited to be located in downtown Cranbrook,” said Brenda Groff. “Our new location is more visible and we are already seeing more customers through the door.”

You will find Greystone Mercantile located at 1115D Baker Street.