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BARRIE, HUNTSVILLE, ON—Skyline International Development is taking steps to fulfill its vision of world class resort communities at Horseshoe Resort near Barrie, ON; at Deerhurst near Huntsville, ON and through the purchase of Bear Valley Mountain Resort in California.
The big news at Horseshoe Resort Village is that Skyline has started construction on Building One of Copeland House condominiums.
The suites are now 80 per cent sold. Skyline’s Chairman and President Gil Blutrich and CEO Michael
Sneyd recently welcomed local dignitaries to the official groundbreaking of
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Skyline Resort Communities has also constructed an 843-square-foot furnished model showing a suite at Lakeside Lodge, the new condominium residence coming this summer to the Peninsula Lake waterfront. The first new whole-ownership
condominiums to be offered at Deerhurst Resort since the late 1980s, these
suites range in price from $169,900 to over $550,000.
And late last month, Skyline International Development Inc. announced that it has entered into a binding agreement of purchase and sale to acquire Bear Valley Mountain Resort in northern California. The agreement came after several weeks of discussion with the current ownership and local community leaders that had formed the Bear Valley Mountain Cooperative and who were also in the process of purchasing the resort. Closing is subject to the US Forest Service issuance of a permit to operate the resort, expected in 30 to 60 days.
Located in the Sierra mountain range between Lake Tahoe and Yosemite, Bear Valley Mountain Resort is known as a year-round, less congested, family-friendly option for skiing and other recreational activities like water sports, biking, music festivals and golf. With the purchase of the ski area, Skyline has an option to purchase development land in Bear Valley Village for 350 residential units and add a 40,000 sq. ft. village centre which includes a 53-room lodge and a 17,000 sq. ft. commercial complex.
One of the big attractions was the fact that the previous owner had spend the time and money to get approval for the residential units and the village centre at the base of the mountain, Skyline CEO Michael Sneyd told CLN in an interview. Another selling feature was the existing lodge, built in 1970 with a unique post-and-beam structure—the posts are tree trunks. All the guestrooms look down on the lodge's beautiful indoor atrium.
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