Jumbo Valley Resort approved.

[Shaggy]

http://www.cbc.ca/news/canada/britis...-approval.html

I give them 5 years until they're bankrupt, if they even get off the ground. The place is basically in the middle of nowhere and will require driving by other major ski resorts on the way from any major airport or population centre.

Does anyone know what the terrain at Jumbo will be like? The summer glacier skiing makes me think it will be flat.

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[astralboy15]

http://www.tetongravity.com/forums/s...glacier+resort

http://www.tetongravity.com/forums/s...glacier+resort

But yeah, I think the idea is stupid.

[fivefourtwo]

Any 3000m peaks in these parts are not very flat at all. Preview of not very flat terrain:

[Snow Dog]

I think the project is beyond it's "best before" date. All the current resorts in BC are overbuilt and prices are in a slow decline. The Boomer bulge is trading in cold Winter recreation for warm beaches with bikinis.

[jamesp]

http://www.cbc.ca/news/canada/britis...ouncement.html


wasn't sure which of the Jumbo threads to put this in.

[moose pit]

I'm gonna have to send in my application for a municiple job... director of something sounds like a good place to start for 150K a year (plus benifits).

[BCMtnHound]

I've heard of municipalities being created in industrial 'camps' before (Elkford, Granisle to name a couple), but there was at least a population (and properly zoned private land already in place) on site. Never heard of such a thing were there are no residents or only crown land currently exists. This is going to create a few waves - especially just before a spring provincial election!

[mtl_ripper]

Building new stuff generates GDP, thanks modern economics if it is useless, overpriced or destructive it all makes GDP. Harpo likes GDP. Hurray for The Economy. I can hire a guy to dig a hole, then another guy to fill it back up and wow! More GDP. I will stop grumbling now. Time to get outdoors.

Sigh.

sent by electrons

[gramboh]

"The province says the project will attract $900 million in investment and create 750 permanent jobs. But financing for the project has still not been made clear."

$900M investment. Zero financing secured. Flat industry metrics AND a declining real estate market. Makes sense.

[LSeed]

I loved hearing the guy on Tv claim It will be the Only resort in North America with guaranteed Natural snow by Xmas. WTF is that.

[pano-dude]

Any 3000m peaks in these parts are not very flat at all. Preview of not very flat terrain:

thats a great shot from the pass hiking trail!

[teamdirt]

http://www.cbc.ca/news/canada/britis...-approval.html

I give them 5 years until they're bankrupt, if they even get off the ground. The place is basically in the middle of nowhere and will require driving by other major ski resorts on the way from any major airport or population centre.

Does anyone know what the terrain at Jumbo will be like? The summer glacier skiing makes me think it will be flat.

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Ballest Nedam.

They just sold K-horse....only bought it as a stipulation of the CDN government to create jobs to move Jumbo to the next stage...Met the criteria the CDN gov. set out over the past 15 years to move the project forward. They have jumped thru every hoop that our gov put out and completed it. What is really holding back our government from allowing them to continue forward. They can't... They only put out public forms because the government knows they can't turn back only the people can make it stop now....

Annual Revenue of 1.4Billion

4th largest company in Norway

Founded in 1877.

I don't think they are going bankrupt anytime soon. They have built some of the biggest construction projects in the world, that is their specialty....

[goldenshowers]

The reason that BN built Kicking Horse is that they needed to do another project in Canada in order to secure the contract for the Confederation Bridge. KH Gondy was that project.

The Dutch, living below sea level and all, should not be in charge of developing ski resorts.

[teamdirt]

The reason that BN built Kicking Horse is that they needed to do another project in Canada in order to secure the contract for the Confederation Bridge. KH Gondy was that project.

The Dutch, living below sea level and all, should not be in charge of developing ski resorts.

Confederation bridge was started in 1993 and completed in 1997. Whitetooth ski area was purchased by Ballest Nedam in 1999. Oberto Oberti-is the architect of the ski resort and also the architect firm behind Jumbo. Although BN won't disclose info about its ownership it is rumored that Oberto is an owner of the company.

[Bring On The Snow]

[jamesp]

it doesn't make sense that BN are itching to build Jumbo. There's no way they made any money on KH.
Isn't that Orberto guy pretty old ? 80 or something? Maybe he'll kick the bucket soon & all this will go away..?

[nickinbc]

If they have secure financial backing why were they wooing la Compagnie des Alpes for finance earlier this year?

[waxman]

isn't this the 5th or 6th time Jumbo has been "approved" in the last two decades?
i can't fault th guy for his passion but in BC if you don't have the "first nations" on your side nothing will ever happen and as of this morning enough envelopes filled with cash haven't been passed to get the guardians of nature on side...

[teamdirt]

isn't this the 5th or 6th time Jumbo has been "approved" in the last two decades?
i can't fault th guy for his passion but in BC if you don't have the "first nations" on your side nothing will ever happen and as of this morning enough envelopes filled with cash haven't been passed to get the guardians of nature on side...

The natives easily sell out once you say the magical word "Casino" Maybe there is one in the master plan for the resort and now it can be easily approved by the new resort municipality....

[waxman]

yep, that would work...

[kokomas]

does it snow more in jumbo than panorama?

[waxman]

it snows more everywhere than Panorama (cue the "last year was the best year ever" crowd") in 3,2,1...
not saying anything bad about Pano but it is kind of in a donut hole weather wise...

[iscariot]

it snows more everywhere than Panorama (cue the "last year was the best year ever" crowd" in 3,2,1...
not saying anything bad about Pano but it is kind of in a donut hole weather wise...

LOL. so true.

[LeeLau]

The natives easily sell out once you say the magical word "Casino" Maybe there is one in the master plan for the resort and now it can be easily approved by the new resort municipality....

Well if they do build it I hope Ballast Needam will have the good manners to float it as a public co with easy borrows so at least investors can make $$$ on the short side

[Cosmic Suncloud]

http://www.cbc.ca/news/canada/britis...-approval.html

I give them 5 years until they're bankrupt, if they even get off the ground. The place is basically in the middle of nowhere and will require driving by other major ski resorts on the way from any major airport or population centre.

Does anyone know what the terrain at Jumbo will be like? The summer glacier skiing makes me think it will be flat.

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Why do you care if they go bankrupt? If they put the lifts in, then we get to ski powder.

If your concerns are environmental/social, then I get that. But to be against new ski areas because some gambler might lose his shirt is just dumb. Most of the ski areas that are worth a shit had someone that took a risk and lost money at some point.