1 Sun Rivers Dr - Sun Rivers Development Lands

The property represent an opportunity to acquire the remaining development lands located within the existing high-end Sun Rivers Resort Community, which currently has over 1,000 mixed residential units built-out, the popular Bighorn Golf & Country Club and Masons Kitchen & Bar, and the “Village Centre” development land. The remaining development parcels can accommodate a mix of single family, townhouse, and multifamily housing types with a remaining density of over 279 units. An infrastructure agreement between the Sun Rivers Group and Corix (now Nexus through Bluestem Utilities) who have purchased the original Run Rivers Utility Company, provide for Nexus to provide servicing throughout the resort. The costs associated with the servicing, including electrical, natural gas, domestic and irrigation water, sewer, geothermal, municipal services, and community & neighbourhood maintenance are shared between the Sun Rivers group and Nexus, and once a threshold of 1,000 units is met, these costs will be wholly paid for by Nexus. Therefore, the subject lands present an even greater opportunity to potential developers, to acquire fully serviced sites, ready for development.