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$1B makeover for hot springs

CALGARY - The new owner of the Fairmont Hot Springs Resort plans a $1-billion makeover of the historic Columbia Valley complex that includes new hotels, a high-end spa, commercial development, residential development and eventually, scheduled air service to the facility's 1,900-metre air strip south of Invermere, B.C.

"It's close to a billion dollars when we're finished. It's a big project," Ken Fowler said. "Picture this as a mini-Okanagan (in B.C.). It's a 25-year project."

The redevelopment plans will begin with up to 50 new large residential mountain view lots north of the current development and eventually encompass a relocation of the existing public hot pools, an expansion of the main hotel, construction of a high-end hotel and spa, condominiums and residences, changes to the golf course, creation of an upper village centre and development of a commercial and community hub.

For additional information regarding the project, click on the logo:

Reprinted from Edmonton Journal, The Vancouver Sun, Times Colonist (Victoria), Nanaimo Daily News, Alberni Valley Times, The Montreal Gazette

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