Financing for the Josie Hotel is now complete.

William Cole Company completes financing for Josie Hotel

Spencer Clements, president of the William Cole Company, confirmed Tuesday that his company has completed financing for the Josie Hotel.

Financing for the Josie Hotel at Red Mountain is now complete.

Spencer Clements, president of the William Cole Company, confirmed Tuesday that his company “has all the funding we need to complete the hotel.”

Construction is expected to resume in approximately three weeks. “We’re talking to Greyback [Construction] right now and the email I just got back from them is it’s probably in the next week three weeks or so we should be back underway, but it could be two, it could be four,” said Clements.

Visitors to Red may notice that the crane remains inactive. It’s not expected to be needed again until closer to March, but will remain on site. “The latest information we have is that crane is going to stay on site, but the work we’re going to be doing here in the immediate near future doesn’t require a crane,” said Clements. “They’re going to be working on the ground floor levels and things like that, underneath the concrete podium that we’ve already poured.”

Construction on the Josie Hotel is still expected to be complete in time for the opening of the 2017-18 ski season. The hotel will have 106 rooms, a restaurant, bar, conference and meeting rooms, a large deck and a spa that will include an outdoor pool. “I think the one thing that I would like your readers to know is that this is not just a ski hotel,” said Clements. “This is the region’s hotel. This is a product that we think that the region’s going to really find attractive and really fall in love with. There’s going to be good meeting spaces and a restaurant and things to do. We think it’s going to be a wonderful addition to an already wonderful community.”

 

Just Posted

Company granted leave to appeal Lemon Creek charges

Executive Flight Centre won a decision in the BC Court of Appeal

Kaslo bus fueled by vegetable oil to begin service next month

Mountain Man Mike’s will run routes to Vancouver and eventually Edmonton

Police investigating felling of old cedars at Cottonwood Lake

One of the cedars was 300 to 450 years old

Castlegar non-profit’s stolen van located

Kootenay Society for Community Living’s van was stolen May 14.

Interior Health study offers take-home drug testing kits to spot fentanyl

Interior Health to evaluate safety of at home drug testing kits aimed at reducing fentanyl overdoses

Rescuers finally persuade Eiffel Tower climber to come down

The official said the man was ‘under control and out of danger’ on Monday night

Calgary Police looking for missing man who may be heading to B.C.

A man last seen on May 15 in Calgary may be heading to the Kootenay region, according to police

LETTER: Fletcher ‘blurs reality’ on B.C. union public construction

Bridge, highway projects awarded to companies, not unions

Killer of Calgary mother, daughter gets no parole for 50 years

A jury found Edward Downey guilty last year in the deaths of Sara Baillie, 34, and five-year-old Taliyah Marsman

Federal government funds millions to help B.C. police spot drugged driving

Many police departments have expressed wariness about using the only government-approved roadside test

Judge: Mississippi 6-week abortion ban ‘smacks of defiance’

The new law would prohibit most abortions once a fetal heartbeat can be detected

Oil companies, 24-cent gap between B.C., Alberta to be focus of gas price probe

Premier John Horgan called the spike in gas prices ‘alarming’

Motorcycle deaths spike 50% since 2017

Riders were most likely fatally crash on the weekends compared with the rest of the week

Mother of accused charged in death of Surrey teen girl found in torched SUV

Manjit Kaur Deo charged with ‘accessory after the fact’ in 2017 death of Surrey teen

Most Read