June 05, 2013 - 11:22 AM
KAMLOOPS — By July 1 the first phase of a 200 slip marina will grace the shores of Kamloops Lake thanks to new partnerships at Tobiano.
The Tobiano resort saw development begin in 2006 but in 2010 the resort struggled financially and fell into receivership June 2011. In November 2012 approval was given for Bruker Developments Inc. to enter into an agreement with Kamlands Holdings Ltd., the developer of the partially completed 1,000 acre resort and operational golf course, with the hopes of building the marina in 2013.
Construction on the marina, which will be the only protected marina along the lake and has been part of the master plan for the development from the start of the project, began earlier this week. Phase one, featuring 110 boat slips, will be operational by July 1 with the existing trestle, observation deck, boat launch and fuel dock all to be incorporated as well. Phase two will add at least another 100 slips to the marina.
“Bruker Developments Inc. and Tobiano are extremely excited about working together to construct the Tobiano Marina,” Quentin Granger of Kamlands Holdings said in a release Wednesday. ‘’The boat launch will remain available to the public, and public access to the lake is only going to be enhanced by this long awaited marina.”
Listed at $5.5 million, the golf course was bought through a court ordered sale at the beginning of May while the rest of the resort remains under receivership. The entire Tobiano property is over 18,000 acres, with 17,000 acres (mostly south of the highway) to remain backcountry. A total of 1,000 residential units, the 18-hole golf course, marina, horse facilities and a village area are all part of the 1,000-acre property plan.
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News from © InfoTel News Ltd, 2013