On October 26, Montane sold approximately half of their Phase One home sites, The Terraces, to eager local buyers.
The home sites consist of 20 single-family homes, and developer Parastone expects the remainder of the sites to sell out by 2015.
“Our Stage One release was a centralized effort to build a truly local and vibrant community with year round residents,” said Simon Howse, general manager of Parastone in a press release. “On our opening day of sales, we wrote contracts on almost 50 per cent of the home sites.”
The $200 million community plans to be inclusive of Fernie’s natural environment and will incorporate easy access to walking and biking trails as well as parks, soccer fields, a community garden and farm.
Stage One home site owners can expect to begin construction on their new homes as early as May 2015.