South Okanagan ski resort hopes to attract international investment

OLIVER – A small South Okanagan ski resort hopes to grow its clientele on an international scale through investment in real estate development.

Baldy Mountain Resort, around 35 kilometres east of Oliver, recently announced the development of the McKinney subdivision with initial offerings priced below market value.

Construction manager Wade Wilk says the first of four planned phases will see 29 lots created, 24 of which are single family residential and five designated commercial. The lots are located 1.5 kilometres from the ski hill’s day lodge.

He says the real estate development represents the start of a new era in the history of the ski resort.

Baldy Mountain general manager Andy Foster says the resort has partnered with international real estate developer Hsin Chong Group Holdings.

“By aligning ourselves with a larger international organization we will receive some of the benefits of larger resorts while still operating as the local Oliver ski hill,” Foster says. Future plans include the addition of on-mountain accommodation.


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Steve Arstad

I have been looking for news in the South Okanagan - SImilkameen for 20 years, having turned a part time lifelong interest into a full time profession. After five years publishing a local newsletter, several years working as a correspondent / stringer for several local newspapers and seven years as editor of a Similkameen weekly newspaper, I joined iNFOnews.ca in 2014. My goal in the news industry has always been to deliver accurate and interesting articles about local people and places. My interest in the profession is life long - from my earliest memories of grade school, I have enjoyed writing.
As an airborne geophysical surveyor I travelled extensively around the globe, conducting helicopter borne mineral surveys.
I also spent several years at an Okanagan Falls based lumber mill, producing glued-wood laminated products.
As a member of the Kaleden community, I have been involved in the Kaleden Volunteer Fire Department for 22 years, and also serve as a trustee on the Kaleden Irrigation District board.
I am currently married to my wife Judy, of 26 years. We are empty-nesters who enjoy living in Kaleden with our Welsh Terrier, Angus, and cat, Tibbs.
Our two daughters, Meagan and Hayley, reside in Richmond and Victoria, respectively.

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