Nice to see Red Mountain featured in an article in today’s Globe and Mail (subscription may be required). For those who don’t know much about Red Mountain and Rossland, the City of 3,500 people that is located just below it; imagine a small resort community surrounded by snow covered peaks with some of the best inbounds ski terrain on the planet.
Many upgrades are necessary for the longer term viability of the resort, with the replacement of lifts and the expansion of terrain the two main areas as far as the skiing side of things goes. But to fund that, an economic model that doesn’t force skiing prices out of the reach of the average resident in the Kootenays needs to include alternate sources of money. As such, real estate development is seen as a big part of the picture – not at the Whistler or Vail scale of things, but still a massive expansion of the population base of this small community.
globeandmail.com: Mr. Katkov builds the ‘anti-Whistler’ (subscription may be required)
“So many good things have happened here in the last four years. The downtown is vibrant, there are so many new businesses, young families are moving back in.” “
Having said that, some people still legitimately are very fearful of losing what they love about Rossland. That’s something I have to stay on my toes and be aware of as well, because I don’t want to be known as the guy that screwed up the last great ski resort in North America.”
Development has been underway in various parts of town over the past couple of years, and this summer doesn’t appear to be any different…
will also be a 72-unit single-family subdivision called Caldera, where
lots average 12,000 square feet and range from $269,000 to $369,000.
Eighty per cent of the first 18 lots, released in early April, sold on
the first day, Mr. Katkov said.
Another interesting facet of the resort will be a project devoted to
sustainability and outdoor living.
And yes, it’s snowing here on the 18th of April, with more snow
forecast over the weekend as well. It’s a great ski resort, and it’s a
great town too.