A familiar hospitality and development company is building rental opportunities in Revelstoke, aiming to open phase one by September.
Basecamp Resorts’ Pine and Peaks Revelstoke, situated at 1740 Bend Rd. is Basecamp’s largest long-term rental project. With three hotels already in Revelstoke and 25 total real estate projects in Kananaskis, Canmore, Lake Louise, Banff, Golden and Revelstoke, Pine and Peaks is the latest edition to a large profile.
For Sky McLean, founder and CEO of Basecamp, the project aims to fix a struggle her company frequently deals with in Revelstoke and other communities.
“There’s nowhere for any of our staff to live, and if we’re facing that, others must be as well,” McLean told Revelstoke Mountaineer. For years now McLean has heard from staff at all levels of Basecamp struggling to find and retain adequate rentals in communities across B.C. and Alberta. A combined experience of building high-quality hotel options and developing other real-estate properties put Basecamp in a unique position to help aid the communities it operates in.
“From a hospitality standpoint, we’ve obviously seen all the communities we’re in in a desperate need for housing.”
Revelstoke’s Pine and Peaks development will be a model for future rental developments in Fernie and Canmore, communities struggling with the same housing challenges McLean sees in Revelstoke. Starting at $1,500 a month for a studio and with one-bedroom, two-bedroom and three-bedroom layouts available, there’s been a range of demographics looking to move in.
“It’s all ages. I don’t think we’ll have a clear idea of the demographic makeup until all the units are rented.”
While McLean noted there is no silver bullet to ending Revelstoke’s housing woes, she does think how city staff are currently working with developers will continue to ease struggles.
“It’s dramatically improved since we showed up in 2018. Back then we couldn’t get answers to anything.”
A waitlist for when registration opens for Pine and Peaks Revelstoke is available online with move-in scheduled for September.
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