Ownership Partners
Glen Harris
Vincent Yen
David Webbe
Jim Szabo
Team Consultants
James Askew, rareEarth Project Marketing
Mike Huggins (Burrowes Huggins Architects): Lead Architect & Design
Mike Duggan (Boutique Hotels of BC): Hotel Operator
Mel O’Keefe (Glottman Simpson): Structural Lead
Chris Marshal (Durante Kreuk Ltd): Landscape Lead
Jerry Nunn (MCW Consultants): Electrical/Mechanical Lead
Frank Mattia (LMPD Building): Code & Regulatory Lead
Richard Negrin (CHIL): Interior Design Lead
Stantec: Civil Engineering Firm
Horizon Engineering Inc.: Geotechnical Engineering
Summit Engineering: Riparian Consultant Firm
Rockingham Pool Consulting: Pool Consultants
EBA: Environmental Engineering Firma.ca
Watermark Beach Resort
Benefits
Economic Benefits Summary Watermark Beach Resort
is providing town residents with both short and long-term economic
opportunities:
1. The resort generated millions of
dollars in development and construction jobs
2. The resort is generating tens of thousands of dollars in post-development
(restaurant, convention centre, resort management) jobs resulting from
increased tourism and recreation;
3. The resort is helping promote the town and further stimulate tourist interest
in the Osoyoos, generating additional tourism revenue for local business
owners;
4. A substantial increase in town property tax revenue can be used for
infrastructure maintenance such as road upgrades; sidewalk rehabilitation and
development; storm sewer upgrades, and public park upgrades and maintenance;
5. Hundreds of thousands in collected development and permit fees have been
infused into the Town of Osoyoos budget for use in the wider community
6. A possible increase in the general value of real-estate, benefiting all
home-owners in Osoyoos;
7. The resort will itself, and through new attracted business, provide Osoyoos
youth with meaningful employment opportunities;
8. The resort is helping attract tourists year-round*
*An important economic benefit is the
resort’s ability to attract tourists year-round, thereby tapping a new tourist
market, and bringing new tourists to Osoyoos during the shoulder seasons when
tourism levels have not traditionally been high. Combined with a revitalized
downtown, it is expected that local merchants and the community in general will
benefit greatly from a stable, year-round flow of tourist dollars being infused
into the Town of Osoyoos.
Other Economic Benefits
• Initial $75 million capital investments in housing, condo/resort development
• 45 full-time and 90 part-time short-term construction jobs generated
• Estimated cumulative property taxes of $750,000/yr
• 153 suite condo / hotel facility constructed and operated
• $1 million estimated project marketing budget that will promote the town,
encourage tourism, and generate ancillary revenue for local small businesses
• Public commercial and retail amenities developed and marketed to support
tourism activities in the Town of Osoyoos
Sources: Formal presentation on zoning
bylaw amendment by Mr. Arnie Polischuk (representative of Destination Osoyoos);
and formal architectural submission by Burrowes Huggins Architects to the Town
of Osoyoos, May 2006.
Cultural Benefits Summary
Watermark Beach Resort will bring many cultural benefits to the Town of
Osoyoos.
1. The retail component of the resort creates a “third place” between home and
work where community members can meet and enjoy the many amenities and leisure
activities available.
2. The resort’s design accentuates and compliments the town’s identity as
Canada’s only living desert.
3. The resort supports Osoyoos’s already established and celebrated reputation
for visitor hospitality, enhancing the town’s image as the tourist jewel of the
Okanagan.
4. The resort provides a venue for the town’s celebrated festivals, such as the
Cherry Fiesta, Christmas Light-up; and local wine tour events.
5. The convention centre will provide space for important agri-business and
wine-themed conventions.
Environmental/City Planning Benefits
Summary
1. Watermark Beach Resort serves as a natural and important extension of Main
Street, serving to establish Main Street continuity by connecting existing
businesses and services on the north and south side of the bridge with those on
Main Street’s primary east corridor.
2. The resort plan conforms to the principles of Smart Growth, and sustainable
development, as it is being developed on pre-existing commercial land;
3. The resort will encourages downtown densification and act as a prohibiting
force against urban sprawl.
Development Quick Fact
Sheet
Quick Facts:
• Company Name: Osoyoos Shoreline Development Ltd (OSD)
• Formed 2006
• OSD is owned and operated by Ralli Estates and Wescirque Enterprises Ltd.
• Watermark Beach Resort development team comprised of four partner owners, 12
consultants – all experienced leaders in B.C.’s real estate development
industry
• Development experience includes residential and recreational properties,
commercial office buildings, and condominium complexes
• Watermark Beach Resort is a total of 153 suites, comprised of:
- four storey, 123 suite resort and
- five townhome buildings with six units each –
totaling 30 townhome units
• Resort amenities include: retail store-fronts; upscale restaurant; health club/spa;
convention centre
