Small B.C. town woos the luxury buyer

B.C. Real Estate News

Small B.C. town woos the luxury buyer
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High-end townhouses with a starting price of $1.95-million are planned in Nelson in a project that will remake the 105-year-old Granite Pointe golf course

A Vancouver developer is set to begin the first phase of a major housing project that will remake the 105-year-old Granite Pointe golf course, hoping to lure a wave of wealthy, golf-loving buyers to sleepy Nelson , B.C.

“We wanted to create a property that was fully curated to be able to provide homeowners what they couldn’t access by themselves,” says Mr. Kwan, on a video call from Vancouver. “Our specs for the homes are quite unique. The mattress is exactly the same spec as the Park Hyatt. The linens and towels are exactly the same spec as Fairmont Gold. … The glassware is Austrian crystal. The dinnerware is the porcelain from Villeroy & Boch.

Marketer for the project, Maria Peters, adds that it’s an obvious draw for people in the Lower Mainland seeking the quiet life. The community golf course needed to clear an old debt that had grown to $1.4-million after it had expanded from a nine-hole course to 18 holes. They applied to rezone from park and recreation land to mixed use residential in 2019, covering about 12.5 per cent of the 130-acre golf course. An official community plan had been amended that same year to allow residential, and in June of 2023, Granite Pointe sold the residential parcel to Hallō.

“I think people are always concerned about what growth does to the community,” said Ms. Morrison. “I think there is a fear of the unknown. What does this project look like in our small town? So yes, there are concerns. There were concerns in 2019 around traffic … I know the concern about gentrification, I’ve heard it. I can’t answer those.

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