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Major Plans on “The Rise†for Vernon B.C. Golf Course
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(Posted on Nov 26, 2016 at 02:00PM by Michelle Bogle)
Two companies at The Rise, an exclusive golfing community in Vernon, B.C., have announced plans to create a destination resort.
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The Rise Golf has purchased 25 acres of land adjoining the golf course in order to create a state-of-the-art practice facility and a clubhouse, which is set to open later next year. The land was purchased from The Rise Development Ltd.
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“It’s been a great year at The Rise Golf. We’ve been working to set a solid foundation,†said general manager Ian Renton. “We’re grounded in sustainability, a beautiful and dynamic landscape and innovation. Now, with this new land and a shared vision with The Rise Development, we’re going to expand on that foundation — move forward and create a true destination.â€
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Next to the newly purchased land, the development group is currently building a 36-villa subdivision called Belago. “We’re curating the entire experience,†said Bruce McRitchie, board secretary. “It’s a distinctive place where the sky, land and lake meet. People will want to visit and won’t want to leave. It’s an exciting time for The Rise Development group, The Rise Golf and for the City of Vernon.â€Â
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Meanwhile, a 543-acre parcel of land at The Rise remains up for sale for $24 million by its Calgary owners. It is designated for residential and commercial development and is proving to be a hot listing, especially as demand for real estate in the area continues to increase.
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To learn more, please contact our Vancouver office to speak with a commercial real estate broker.
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