The Aerie is set to re-open next year now that a judge has approved the sale of the luxury resort.
A numbered company owned by Shawnigan LakeB次元官网网址檚 Harvey Simons successfully bid $3.1-million for the 85-acre property.
The former five-star resort perched atop the Malahat closed and went into receivership in November 2009.
Originally listed for $6.9 million, it was reduced to $4.75 million in February of this year, and finally dropped to $3.95 million in June.
SimonsB次元官网网址� $3.1-million bid, meanwhile, was subject to court approval due to the conditions of receivership.
With the bid approved in court, SimonsB次元官网网址� offer moves into the traditional 30-day closing period.
B次元官网网址淚n the first phase (Simons) will do the work necessary to bring it back up to an acceptable standard,B次元官网网址� said Patrick Hrushowy, SimonsB次元官网网址� spokesperson.
B次元官网网址淚tB次元官网网址檚 sat idle now for nearly three years, and while the receiver did a good job keeping it whole and intact, weather has had an impact and so on.B次元官网网址�
Simons expects upward of $2 million will be required to restore the resort to its former five-star glory, before reopening at the beginning of the next tourist season.
A land developer and business owner, Simons also plans to re-brand the resort, and replace its Aerie name, although at this time he hasnB次元官网网址檛 decided on a new moniker. After that, he hopes to develop the propertyB次元官网网址檚 upper portion for what Hrushowy called a B次元官网网址渉igh-end wilderness experienceB次元官网网址� that fits in with the South Cowichan OCPB次元官网网址檚 vision for tourism/commercial development in that region.
B次元官网网址淗eB次元官网网址檚 taking a look at what the economics might be, but itB次元官网网址檚 looking like a dozen or more high-end, but rustic, cabins that would be nestled into the natural environment there,B次元官网网址� Hrushowy said.
Simons also hopes to make good use of the propertyB次元官网网址檚 heli-pad, which would allow tourists to take advantage of southern Vancouver IslandB次元官网网址檚 many outdoor recreation opportunities, such as whale watching and fishing, while still enjoying the luxury of the resort.
The propertyB次元官网网址檚 three buildings include amenities such as gourmet dining and spa facilities, plus a tennis court and other fitness facilities.
B次元官网网址擪rista Siefken, Cowichan B次元官网网址 Leader
