Quiz about credibility, and Affordable Housing

Can you name the company below, give you a clue this is the company that approached the municipality about building affordable housing just recently.
"Talking" about Affordable housing is something this group as been doing for awhile.
Notice the references to affordable housing in May 2006, Feb 2007, April 2007, and July 2007.
Number of Affordable Housing units built so far? zero

Here's a little bit of history, I will fill in the name of the company at a later date.

October 2005 – Council unanimously approves Bridgegate Resort Village at Crowsnest Lakes – plans include a luxury hotel with conference centre, condominium complexes, an indoor aquatic and fitness centre; project could start spring of 2006.
It goes without saying this is the most exciting thing we,ve seen in many years, said Councillor Gary Taje. This area structure plan will redefine the Crowsnest Pass and set it on course for the future.
I’ve been active in projects in Calgary and Canmore and this is the most exciting one of my entire life, said Bill Bradley, co-owner of Bridgecreek Development Corp. This is conceived to be the largest lake-front development in the history of the Rockies, and the Crowsnest Pass is going to get it.The development would be on the site of the old Sentinel power plant on a total of 27 acres. Bradley says one of their plans is a complete restoration of the power plant building, making it the condominium sales office, then eventually, a recreation-type facility.

December 2005- Subdivision approval next step for Bridgegate,
Bradley says if everything goes as planned, land servicing, an on-site sales office and condominium pre-sales for Phase One (a 132-unit tower) could begin in the spring. As well, several local residents, along with Bridgecreek, are looking into the possibility of restoring the old Sentinel dance hall, which Bradley says has huge restoration potential.

January 2006 – Bridgecreek takes title for 27 acres at the lakes with amenities expected to total $90 million; first phase of development slated for early 2007. Bradley says currently the project is slightly ahead of schedule, which means land servicing could begin as early as June. The first phase of development is slated for early 2007.

March 2006 – Addition of a 5,000-seat indoor skating rink and an interpretive centre for the lakes raises the projected costs to $1.5 billion; hoping to start developing sometime in 2006.
Sentinel water and sewer outlined. Drain says the project would take 1.5 years to build and would last for 50 years. The tendering of contracts for this project is estimated to take place in January 2007.

May 2006 – Bridgecreek Corporation President, Colin Becker, says the company is planning on putting greenspace, river-side lots, condos, and affordable seniors housing on the property

July 2006 – Council presented with plans for River Run in Blairmore; plans for the site now include public walking trails heated geothermally making them accessible all year round

August 2006 – River Run plans approved including large hotel, mid-density and low-density residential and municipal reserve; work to begin in fall 2006

December 2006 – Land-use amendment passed for Bridgegate Resort Village at the lakes; plans include some above ground parking and 800 to 1,000 underground stalls on site; work on River Run and Bridgegate to begin summer and fall 2007; $25 million sewer line will connect the lake project to Coleman; plans include a 300,000 square-foot, 234-suite condo for private vacation club and a 20,000 square-foot spa.
Bill Bradley said that whatever happens, the plan is to put both projects on the market by the summer.If the province does not provide the funding for the sewer line, Bradley plans a second plan to construct a state of the art, filter box, tertiary waste water system. The system would handle all the waste and water at the Crowsnest Lake. In the worst case scenario he said they would pay the $25 million or more and fund the project themselves. "If the sewer does not come, we’ll do it on our own and it will not cost the municipality one cent. We don’t want to have to wait for the province," said Bradley.


January 2007 – River Run work to begin April with show homes ready in July 2007; plans include having over 50 per cent green space on property, ponds, and a resort hotel with a pool, water slides, and a conference centre

February 2007- Chamber hears Bridgecreek plans
In lieu of the plant restoration, Bradley said they already have another plan in the works. We,ll build a very large spa which will be an international attraction. The spa will be 50,000 square feet. which is very significant in size, he explained.
The development will consist of 55 river-front single-family two-storey and bungalow homes, two large storm water ponds, 68 semi-detached homes backing on to the west side of the pond, 80 townhouses on the eastside of the development, 34 single-family homes on the north side, 42 semi-detached homes adjacent to Highway 3 across from the golf course, a senior’s complex, and a 100-unit mini-rise condo.
Although no formal announcement has been made as of yet, Bradley said Bridgegate is also looking in to ways of providing some forms of affordable housing throughout the community for staff accommodations, seniors, and others living on limited means. The corporation is currently looking at several properties in the area for the potential housing areas.

April 2007 – Bridgecreek commits to millions
One of the biggest barriers that Bill Bradley of Bridgecreek Development Corporation faced was $17 million worth of infrastructure.
But with the clock ticking and the need to move things forward, Bradley made the commitment to front the $17 million needed, and asked for council,s support during a committee meeting on April 17. On March 30 Bradley stated in a letter to Chief Administrative Officer Gord Lundy that Bridgegate as developer is prepared to finance the cost of the project. "We are keen to proceed as quickly as possible to see the project come out of the ground," said Bradley to council.The costs would include a $6-million reservoir system, and $11-million for sanitary extension connecting Bridgegate on the lake to West Coleman. Bridgegate is prepared to finance the project in hope that grant money from the municipal provincial and federal levels can be attained to assist with the cost of the infrastructure. "In the worst-case scenario we would like to proceed without a grant," said Bradley.
The progress of the River Run Development in Blairmore was also discussed. “We are geared up to commencing services of River Run as early as this summer," said Bradley who added that the project would include 10 to 15 per cent affordable housing. Bradley stated that the rental units would be available in the $300 to $500 range.

June 2007 – Bridgecreek gives municipality $490,000 to fund sewer line at lakes and a $6 million grant application has been filed by municipality; lake project to include restaurants, a resort hotel, a casino, cinemas, a twin-tower high-rise complex, condos, and recreational facilities. Bridgecreek confirmed that over 1,000 names are on a waiting list to purchase and invest in the completed project.

July 2007 – River Run Rolling
Construction of bridges to the site will be put out to tender soon, which will pave the way for primary construction of the new neighbourhood. An issue brought up by Pass residents and members of council concerning the project is the concern of affordable housing. Bridgecreek is amending their project to address the issue. Part of this project is being set aside for lower cost, affordable housing, confirmed Sterling. As a company, we are looking at acquiring additional lands to address the affordable housing issue.

August 2007 – The 10 km sewer line at lakes given go-ahead by municipality

January 2008 – River Run set to begin construction of first phase in spring 2008 with river-front homes, semi-detached homes, and condos; deal with Radisson finalized for hotel and conference centre featuring over 200 suites and a large aquapark/pool complex available to the public; unveiling event planned for February 2008

April 2008 –Coal slack at River Run deemed “inert” and not to be removed; bridge to be installed next spring, with bridge’s abutments installed in fall 2008; River Run construction to begin later this year; construction at the lakes to start this year; project rechristened “Trout Landing at Crowsnest Lakes” and scaling back plans; old power plant will remain and Bridgecreek will spend $500,000 to remove asbestos and renovate interior

October 2008 – Construction to begin spring 2009 on River Run and unveiling units of phase one of lakes project this fall

January 2009- The plans for River Run are now to put the infrastructure in the spring of ’09, build 42 townhouses in the summer, put the bridge in the fall, and “come out much bigger” in 2010.
For the lakes project, Bradley said they’ll begin selling units in ’09 and build in 2010. “As community builders, we’re still going forward,” .

What's the old saying?
Fool me once shame on you
Fool me twice shame on me.