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Thread: Jumbo Valley Resort approved.
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03-20-2012, 07:55 PM #1
Jumbo Valley Resort approved.
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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03-20-2012, 08:20 PM #2
http://www.tetongravity.com/forums/s...glacier+resort
http://www.tetongravity.com/forums/s...glacier+resort
But yeah, I think the idea is stupid.
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03-20-2012, 08:39 PM #3
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03-20-2012, 09:38 PM #4
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.
If you have a problem & think that someone else is going to solve it for you then you have two problems.
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11-20-2012, 01:17 PM #5Registered User
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http://www.cbc.ca/news/canada/britis...ouncement.html
wasn't sure which of the Jumbo threads to put this in.
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11-20-2012, 01:45 PM #6
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).
I don't work and I don't save, desperate women pay my way.
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11-20-2012, 07:58 PM #7
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!
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11-20-2012, 08:16 PM #8
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
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11-21-2012, 04:17 PM #9
"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.
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11-21-2012, 08:27 PM #10Registered User
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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.
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11-21-2012, 08:32 PM #11Registered User
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11-21-2012, 08:43 PM #12
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....
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11-22-2012, 06:35 AM #13charge on jong
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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.
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11-22-2012, 08:37 AM #14
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.
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11-22-2012, 09:49 AM #15
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11-22-2012, 10:17 AM #16Registered User
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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..?
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11-22-2012, 07:01 PM #17Meadowskipping old fart
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If they have secure financial backing why were they wooing la Compagnie des Alpes for finance earlier this year?
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11-22-2012, 07:15 PM #18indentured servant
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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...what's orange and looks good on hippies?
fire
rails are for trains
If I had a dollar for every time capitalism was blamed for problems caused by the government I'd be a rich fat film maker in a baseball hat.
www.theguideshut.ca
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11-23-2012, 08:49 AM #19
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11-23-2012, 09:50 AM #20indentured servant
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yep, that would work...
what's orange and looks good on hippies?
fire
rails are for trains
If I had a dollar for every time capitalism was blamed for problems caused by the government I'd be a rich fat film maker in a baseball hat.
www.theguideshut.ca
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11-23-2012, 10:03 AM #21
does it snow more in jumbo than panorama?
Day Man. Fighter of the Night Man. Champion of the Sun. Master of Karate and Friendship for Everyone.
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11-23-2012, 10:08 AM #22indentured servant
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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...Last edited by waxman; 11-23-2012 at 12:09 PM.
what's orange and looks good on hippies?
fire
rails are for trains
If I had a dollar for every time capitalism was blamed for problems caused by the government I'd be a rich fat film maker in a baseball hat.
www.theguideshut.ca
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11-23-2012, 11:39 AM #23
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11-23-2012, 03:25 PM #24
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11-23-2012, 07:36 PM #25
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.
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