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Whistler Blackcomb Announces “Evolution”
February 16, 2006
Popular iQTM Quarter Ownership Program Offers Attactive Pricing
Vancouver, B.C. – Whistler Blackcomb has announced the release of Evolution, a quarter ownership real estate opportunity that will be located in the last large available block of unused land at Whistler’s Creekside neighbourhood. Prices for quarter ownership resort homes start at $124,900.
Located at 2020 London Way in Creekside, Whistler, the project will be conveniently located near the Creekside Gondola. Evolution offers ski-in, ski-out via the Creekside Gondola just a short stroll away, excellent access to amenities and a quiet Creekside setting. It is only a few steps from a pint at Dusty’s après ski pub, fresh sushi at Zen, fine dining at Rim Rock, or necessities like groceries, DVD rentals and a coffee at Starbucks.
“The marketing program has begun and a sales launch is planned for spring 2006,” says veteran Playground sales director Dave Erickson. “The homes will appeal to Whistler enthusiasts in Vancouver and Seattle with what we call a modern take on mountain living.” Although Evolution’s exterior is traditional Whistler mountain architecture, it is in the development’s interior where the real “evolution” will occur. The new look of this project includes open concept floor plans, floating two-sided fireplaces, sliding doors separating living and sleeping areas and contemporary European-style kitchens with islands and bar seating. Rounding off the lifestyle amenities are a stylish lobby lounge, outdoor fireplace, extra large hot tubs, a Eucalyptus steam room and sauna nestled into the cliff face, an exercise facility with views to the outdoors, and a sun terrace.
Intrawest first introduced iQTM quarter ownership to Canada in 1999 with the sale of Horstman House in Whistler and since then has achieved sellout success with Whistler’s Legends, Le Sommet des Neiges at Tremblant, The Cirque at Copper Mountain, and The Lookout at Panorama.
For most casual resort home users, the iQTM concept is hard to resist: For a quarter of the price of traditional real estate, you can own a stylish resort home at the number one mountain resort in North America. The buyer owns one quarter of a mountain home without the worries or hassle of managing it. Intrawest will take care of full management of the property through its operator, Lodging Ovations.
Quarter ownership traditionally offers owners the use of their homes seven days per month, and purchasers of quarter-ownership properties at Evolution will enjoy extra benefits beyond their storage and secure underground parking. This includes a pets program, allowing owners and guests to bring up to two pets with them on vacation. A dog washing station and blow dryers are also provided on the parkade level. On day trips to Whistler, owners will be able to use these amenities on an availability basis:
Prices start at $124,900 for each quarter ownership of the one bedroom homes, while fractional ownership of the 1000-plus square foot, double master, two bath homes are priced in the $250,000-range. Dave Erickson acknowledges that there are no other iQTM projects coming to Whistler in the foreseeable future. “There has been a lot of initial excitement about this offering because of the lack of competitive product on the market,” says Erickson.
The Whistler community of Creekside is seen as the geographical heart of Whistler. It is at the centre of all alpine ski venues for the 2010 Winter Olympics and the proposed peak-to-peak gondola would make Creekside the ideal launch-point for the dual access of Whistler and Blackcomb mountains. As of May 2006, daily train service on Rocky Mountain’s Whistler Mountaineer commences from North Vancouver to Creekside – making the commute to Whistler for Evolution owners “very” convenient.
A discovery centre is now open in Creekside. Potential buyers seeking online information are encouraged to visit www.myownwhistler.com or priority register at 1.877.771.6767.
Intrawest Corporation (IDR:NYSE; ITW:TSX) is a world leader in destination resorts and adventure travel. The company has interests in 10 resorts at North America's most popular mountain destinations, including Whistler Blackcomb, a host venue for the 2010 Winter Olympic and Paralympic Games. Intrawest owns Canadian Mountain Holidays, the largest heli-skiing operation in the world, and an interest in Abercrombie & Kent, the world leader in luxury adventure travel. The Intrawest network also includes Sandestin Golf and Beach Resort in Florida and Club Intrawest - a private resort club with nine locations throughout North America. Intrawest develops real estate at its resorts and at other locations across North America and in Europe. Intrawest is headquartered in Vancouver, British Columbia. For more information, visit www.intrawest.com.
Playground Real Estate Inc., an Intrawest company, is the premier provider of sales and marketing services for resort real estate world-wide. The company draws on proprietary methodology called The PlaygroundTM Way to fulfill its mission of “connecting people with the ultimate places to play.” With corporate offices in Vancouver, BC, Playground represents unique real estate in five countries on two continents, including the world-renowned Whistler Blackcomb in British Columbia –North America’s most popular mountain resort; Tremblant in Quebec – voted #1 ski resort in Eastern North America; and Florida’s Sandestin – 2,400 acres of white sand beaches and world-class golf. To learn more about Playground visit www.playground.com.
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This is not an offer to sell, nor a solicitation of any offer to buy, to residents of any province or state in which registration and other legal requirements have not been fulfilled. Any such offering may only be made with a disclosure statement. This offer is void where prohibited by law. There are risks associated with this investment. Any person considering this investment should consult the disclosure statement. For a copy of the disclosure statement when available, contact The Whistler Real Estate Co. Ltd. at 1-800-667-2993. |
