George Hotel launches condo sales in Gibsons

First waterfront hotel in the coastal resort community unveils marketing with focus on “downsizers” flowing out of the Lower Mainland

Western Investor
June 23, 2016

George Hotel and REsidences
George Hotel and Residences will be the first waterfront hotel built on the Sunshine Coast in years.

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.

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