Pemberton Real Estate News

1733 Pinewood Dr, Pemberton BC

httpv://www.youtube.com/watch?v=IlXWfu19HYo

Welcome home to Pemberton Plateau, located above the Pemberton flood plain. This 3 bedroom 2.5 bathroom home was built to the very highest standard on the developer’s prime choice lot (end of quiet cul-de-sac)! The perched view of mountains and meadows is breathtaking and uninhibited! Some features include: Cultured stone wood burning fireplace, private setting, grass back yard, large lot, heated tile floors, hardwood floors, comes completely turn-key furnished (furniture is European), built in surround sound system, master bedroom alone on the top floor with views of Mt Currie, media room, large 2 car garage + a 2 bedroom revenue suite!

www.1733pinewood.com

Whistler Real Estate – Newsletter – August 15, 2012

Whistler Market Update

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Whistler Real Estate Market UpdatE
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Greetings from beautiful Whistler BC, here is your Whistler real estate market update!

The weather this summer has turned out to be incredible, it was a slow start but the wait was worth it!  With the amazing weather comes the many visitors, every weekend is packed in the Village.

Let’s take a look at the real estate stats for July 2012, and compare it to previous years:

  • Overall, July was a great month, much higher sales volume and $ amount compared to the previous few years.
  • Again, the # of listings is the lowest it’s been at this time of year than it has been over the last 5 years!
  • Sales to date, higher so far in 2012 than the last 4 years
  • What’s selling?  In July Townhomes and Duplexes ran away from the pack, much higher sales volume in those two categories than the previous few years.

Featured Listing

1733 Pinewood Dr, Pemberton BC – listed @ $689,000:

Welcome home to Pemberton Plateau, located above the Pemberton flood plain.  This 3 bedroom 2.5 bathroom home was built to the very highest standard on the developer’s prime choice lot (end of quiet cul-de-sac)!  The perched view of mountains and meadows is breathtaking and uninhibited!  Some features include: Cultured stone wood burning fireplace, private setting, grass back yard, large lot, heated tile floors, hardwood floors, comes completely turn-key furnished (furniture is European), built in surround sound system, master bedroom alone on the top floor with views of Mt Currie, media room, large 2 car garage + a 2 bedroom revenue suite!  www.1733pinewood.com

Featured Sale

83 North Star – listed @ $459k, sold @ $425k

This was the best deal that has happened in over 10 years for a 2 bedroom in North Star, and a deal like this is unlikely to happen again!

Click to see:

New Listings in Whistler – past 2 weeks

Sold Properties in Whistler – past 2 weeks

Price Reductions in Whistler – past 2 weeeks

Click below to see this months New Listings and Sales.

JuLY stats

NEW LISTINGS

FEATURED LISTING

featured SALE

Crankworx is in full swing at the moment; make sure you check out the Redbull Joyride (used to be called Slope Style) on Saturday @ 5:30pm!! (my favorite event!)

Regards,

David

David wiebe, Sales Representative

Sotheby’s International Realty Canada

2 – 4433 Sundial Place, Whistler BC

c 604-966-8874

dwiebe@sothebysrealty.ca

sothebysrealty.ca

www.whistler-luxuryhomes.com

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50 Peaks, 3 Bedroom Townhome, Pemberton, $349k!

httpv://www.youtube.com/watch?v=vDqbssJz0CM

Welcome home to this bright and spacious 3 bedroom end unit townhome, located in the family neighbourhood complex of the Peaks. This home has too many upgrades to list, some of which includes beautiful hardwood floors and pine cabinets. The back deck faces south and captures sunshine for most of the day and has fantastic mountain views. The double garage and heated storage space will give you ample room for all your storage needs.

http://www.whistlerrealestateforsale.com/43

Boundary expansion could require second referendum

By Jesse Ferreras

The Village of Pemberton may have to go to a second referendum on boundary expansion.

The last council meeting (May 18) saw lawmakers receive a report from chief administrator Daniel Sailland recommending that they move forward with steps three and four of the boundary extension process set out by B.C.’s Ministry of Community and Rural Development.

The process now requires the village to hold another referendum because the one held in tandem with the 2008 municipal election has not satisfied the statutory requirement for a vote.

“Essentially, they want us to go through the process again,” Pemberton Mayor Jordan Sturdy said. “It was council’s impression that this was going to meet those statutory requirements, but since that time the ministry has suggested that it didn’t meet the requirements.”

Step 3 of the boundary expansion process is a Ministry Review, in which the ministry acknowledges receipt of the Village’s expansion proposal and reviews the submission by preparing an administrative report that provides the municipality with feedback.

Once the ministry confirms a complete boundary expansion proposal it is then referred to the Ministry of Transportation and Infrastructure for review.

Step 4, Elector Approval, requires “municipal elector” approval of the proposed expansion. It can be obtained through a referendum or an Alternative Approval Process as mandated under Sections 85 and 86 of the Community Charter.

The Village of Pemberton has actually completed this process but, as noted above, it now has to go through it again because the Province was not satisfied with the initial vote.

The boundary expansion has taken on an added urgency in recent months as development at Hillside – one of 20 areas subject to the expansion – currently lies within Area C of the Squamish-Lillooet Regional District (SLRD) and is subject to development approvals by a regional board with representatives from communities such as Squamish and Whistler.

The expansion would bring Hillside under the village’s governance and allow lawmakers to make decisions on land use, rather than split those decisions with politicians from other communities.

Hillside is currently the subject of a battle over Sunstone Ridge, a proposed residential and recreational neighbourhood that includes an international private school being developed by GEMS International.

The regional board has thus far refused to endorse a Neighbourhood Concept Plan (NCP) that would allow Sunstone Ridge to start developing which in turn stalled developing of the school, which is expected to be an economic boon for Pemberton.

The developers of Sunstone Ridge are also the proponents of the school. They have chosen to move applications through the SLRD’s zoning process together, which has stalled approval.

Other areas expected to be brought in under the village’s current expansion proposal include the Rutherford Creek Power Plant, which alone could bring $135,000 in tax revenue to the village.

Council also received correspondence from the Lil’wat Nation, which initially wasn’t sure about Pemberton taking over governance of the Hillside area. They worried it would mean the lands were being ceded to Pemberton but village lawmakers calmed those concerns by saying they would only govern it.

The Lil’wat Nation, a partner in Sunstone Ridge, now has no opposition to the village expanding its governance boundaries to include Hillside.

Sunstone Ridge gives up on SLRD

Proponents waiting for Pemberton boundary expansion to move forward

By Jesse Ferreras

Proponents of Sunstone Ridge have had it with the Squamish-Lillooet Regional District.

Cam McIvor, president of Ravens Crest Developments and one of the biggest shareholders in the Sunstone Ridge development proposal, said last week the group has had enough of waiting for the regional board to approve its plans and will put its development on hold until the Hillside lands are incorporated into the Village of Pemberton.

“We’ve had no success with the regional district whatsoever,” McIvor said.

A boundary expansion application by Pemberton is currently before the Ministry of Community and Rural Development. The Hillside area and properties such as the Rutherford Creek Power Plant on Highway 99 and various tracts along Airport Road will be included within the Village of Pemberton if the boundary expansion is approved.

In addition to collecting taxes from the properties, expansion will allow the Village of Pemberton to make land use decisions about them. Currently the SLRD board, with representatives from communities such as Whistler, Squamish, Lillooet and Pemberton, makes land use decisions for the Hillside.

Pemberton has a particular interest in the Hillside area, a rather controversial property that has repeatedly been a source of conflict at the regional table.

Sunstone Ridge proponents want to build a recreational and residential neighbourhood on 400 hectares that will have a mix of single-family homes, multi-family townhouses, neighbourhood commercial property and a recreational complex. Stakeholders in the proposed neighbourhood include Ravens Crest, the Sabre/Brio Group and the Lil’wat Nation.

An international private school is also part of the proposal. GEMS Education, a Dubai-based company that has built schools all over the world, wants to set its North American roots down in Pemberton.

But the proponents have lost faith that the SLRD board will ever approve their project, so they’re waiting until the authority is transferred to the Village of Pemberton.

Previously, McIvor pointed to Whistler Mayor Ken Melamed as the one who spearheaded SLRD board opposition to the Sunstone Ridge development.

Speaking in an interview last week, Melamed told Pique that he questions whether there’s any real demand for housing of the kind that Sunstone Ridge wants to put in Pemberton – but the amount of housing is in question because the developers haven’t been able to get a neighbourhood plan approved by the SLRD board.

Still, drawing on the experience of the Howe Sound East area, which includes communities like Furry Creek and Britannia Beach, Melamed worries that a development could go forward without serious demand for the housing.

“One of the reasons that a number of other directors supported the motion not to forward the NCP (neighbourhood concept plan), it’s in response to the reality of what’s happening in Howe Sound East,” he said.

“A number of developments were approved because of the implied demand, the inferred demand by developers, but are sitting there undeveloped and incompletely developed at an inconvenience to early residents there.

“Specifically Furry Creek… is part of a masterplanned community that has not been fully realized. It started many years ago, now the residents there are having to shoulder the cost of infrastructure that was meant for a much larger community.”

Asked what kind of demand there is for housing at Sunstone Ridge, McIvor said he didn’t actually know, but that the greater issue is that the Village of Pemberton should be making planning decisions about the Hillside.

Asked to comment on Melamed’s concerns about demand for housing, he said, “I would suggest that Mr. Melamed has enough to worry about in his own community and he should focus his attentions there.”

GEMS school could be in jeopardy

McIvor points finger at Melamed as leading charge against approval of neighbourhood plan

By Jesse Ferreras

GEMS is getting impatient in its drive to put a school in Pemberton.

The company issued a news release recently in which it expressed concern with the pace of zoning approvals at the Squamish-Lillooet Regional District. The SLRD’s approval is required in order for the school to be located on a site near the Pemberton Hillside.

“We have watched the process stall and are informed that the greater project appears to be opposed by the SLRD board which is, in itself, very disappointing,” Ian Rysdale, senior director for pre-operations at GEMS, said in the news release.

“We firmly believe that both the Pemberton and Whistler communities would benefit from an outstanding school being established in the area. The success of a school in this location is largely dependent on the proposed recreation, residential development and the projected growth of the region as indicated in our feasibility study.”

GEMS is looking to establish an international private school on a property near the Hillside, about four kilometres east of the Village of Pemberton. It lies outside the village boundaries and is thus subject to approvals by the Squamish-Lillooet Regional District.

The school is expected to attract students from around the world and teach them in a system that incorporates elements from education programs such as International Baccalaureate, the American Curriculum and the Ontario Curriculum. The program stresses the values of world citizenship, universal values, leadership qualities and forward thinking.

The GEMS school has obtained a non-farm use permit from the Agricultural Land Commission on the condition that it set aside two hectares of the best soils on the site for an agricultural education program and that it consult with the Lil’wat First Nation so that its young people can participate in the program.

The school, however, has yet to move through the SLRD’s zoning process despite applying last July. School proponent Cam McIvor said that’s because the board refuses to approve a Neighbourhood Concept Plan for the site that would allow residential development as part of the Sunstone Ridge proposal.

The board’s reticence to approve a concept plan could put the school in jeopardy, he said.

“The SLRD board has basically chosen not to move forward with the advancement of a NCP for that area,” McIvor said. “As per their various planning documents, the Area C OCP states that that area should be planned together in a comprehensive neighbourhood plan to ensure a good result to the development in the school and the recreation area.”

Asked why it hasn’t been approved, McIvor said it’s because the SLRD board is made up of representatives of neighbouring communities such as Lillooet, Whistler and Squamish. He said the wishes of Pemberton representatives are “not being honoured in the process.”

“Principally, (Whistler Mayor) Ken Melamed has led the charge against any development and the school in that area,” he said. “There’s other members, I don’t know the exact voting, but he has been the most vocal against the project.”

Melamed is on vacation until May 18 and so wasn’t available for comment. However, in a previous story he said he’s worried about Pemberton experiencing “down valley syndrome,” a trend observed in Colorado where rising real estate prices in resort towns have had a domino effect on neighbouring communities.

“The issue exists with or without the GEMS school, in my view,” he said previously. “The school just accelerates the demand or the need.”