The George Hotel and Residences project still has some hurdles to clear at Gibsons town hall, but developer Klaus Fuerniss Enterprises is confident enough to launch a big marketing campaign.
Diana Robertson, a marketing consultant for the George, said the recent approval of a form and character development permit (DP) by Gibsons council puts them in a position to start lining up potential buyers.
“The form and character development permit allows a developer to disseminate more information about the actual suites and go forward … It’s at the preview stage right now – in fact the [floor] plans will probably not be available for another few weeks,” Robertson said.
About a dozen people from the Lower Mainland attended a May 31 event to learn more about the project and take a tour of the Gibsons area. Gibsons is reached by a 35-minute BC Ferries link to the Lower Mainland.
The 40 condominium suites will range from 511 square feet to more than 2,000 square feet, with a starting price of $699,900 for a two-bedroom.
“Initially we expected that we would see a lot of interest from ‘downsizers’ from the Vancouver region,” she said. “The market’s very hot right now in Vancouver and a lot of the 50 to 70-year-old generation is actually looking for a change.”
Robertson said ownership will be a strata model, and pointed out that it would be up to the strata council to set any rules around owners renting out their suites.