Lights are on?

[Fixer 166]

Hahaha, that was really funny.
Good one.

[UhHuhYeahSure]

Why do you have to be so hard? I just put a second mortgage on my house to secure a lot in Kelowna Mountain.

They say it is the best investment that I could have made, and I believe them. Real Estate has hit record lows...and can only go up from here - especially in a prestigious area like Kelowna Mountain...

Be afraid...be very afraid!

You don't have to dig too deeply into these guys past to get an uneasy feeling. It's even on thier website:

It seems there’s a mountain of hurdles still facing the project, not to mention the paperwork.

“We’re not very far in,” Consiglio acknowledged late Thursday, after reportedly spending the day swamped with queries and in meetings. “I’ve met with city manager Ron Mattiussi and he suggested we meet with the councillors individually and that’s what we’ve done,” he said.

“As soon as we get our approvals, we’ll be in a position to let people use it,” said Consiglio, noting he’s hoping those approvals will be ready by the time the first phase of development builds out.

The only paperwork on file with the city to begin the complicated subdivision and zoning process is for the first phase of development—a 55- lot, 36-acre strip off Chute Lake Road.

The bulk of the project doesn’t fall within the city’s boundaries.

“They’ve sort of got this vision and they’re doing planning around that vision, but the actual project has not come before either the regional district or the city,” said Mayor Sharon Shepherd.

The Consiglios are currently taking deposits for the Chute Lake lots, pending subdivision and rezoning of the land for that phase, which is currently at third-reading stage with the city.

“Some years we’ll have a great years and sell 25 lots. If (Osama) Bin Laden bombs the Space Needle, we’re not going to sell any lots. We’re just going to be very realistic,” Consiglio said, as he explained how the mountain could eventually grow and prosper.

The entire project is subject to city council’s approval of the project and right now the $6.5 million, 640-acre Kelowna Mountain area where all the amenities are located remains regional district territory, waiting to go through the annexation process.

“...Applying to the city would allow us to extend our city sewer and water that we already have on our 36 lots into the rest of the development.”

This likely means a few years of work.

“Number one, they have to get city council to include (the property) in the city limits—that’s a big hurdle. Number two, they then have to apply for a development application for the concept they are thinking about and then they’ll have to go through a technical exercise to subdivide. So they’ve got three big hurdles,” said city planner Bob Shaughnessy.

Nevertheless, the Consiglios say they have plenty to look forward to.

Consiglio no stranger to grandiose plans

Mark Consiglio got his start in the early 80's after securing a government grant to build sports cars.

While working as a waiter at the Keg, Consiglio won a $10-million federal Scientific Research Tax Credit to build a car he named the Enterra, which was to be based on the Pontiac Fiero.

According to Consiglio's spokesperson for the Kelowna Mountain project, John Harding, the project collapsed when the Fiero line was discontinued.

Consiglio folded his 100-man operation and sold his Vancouver-area warehouse, using those funds to finance his first commercial developments on Salt Spring Island.

While working on Roots Lodge in Ucluelet, he fell into hot water over what local media reported as unpaid bills.

The situation was eventually resolved with only Consiglio losing money in the affair, Harding said, noting the problem all stemmed from financial problems created in a nasty divorce.

Hmmmm... :137: I've got my 10 foot pole already at arm's length.

[The Restaurant Reviewer]

Lol

I am gonna go up there and check it out. Maybe sit up there on top of the hill everyday after work until something happens. Anyone want to join me?

[Fixer 166]

You bringing beer?

[deanmdeanm]

good god look at Phrase 1 on the corning of Chute lake road. What a mess and as been for 4 years. Google him, what a past

[Roadster]

You bringing beer?

I'm in,,, for the beer anyway,,, is there gonna be lots?