A new Loblaws is great news for Whistlerites that are on a budget. More competition should get Whistler grocery prices more in line with those in the lower mainland. In the lower mainland you'll also find marketplace IGA stores. Given that IGA has rebranded as "Marketplace" and the store in whistler is in "Marketplace" one has to wonder if they've branded the whole chain as a spin-off of the Whistler Branding. In other marketplace stores you'll find weekly sale flyers, check it out: http://www.marketplaceiga.com/savings-prom… Not available in Whistler, though... for whistler folks its full rip-off, all the way
KSL did not acquire "a 24% interest" They acquired a 24% of 75%. In other words, they acquired an 18 % interest.
If my math is correct this means that the Whistler & Blackcomb Limited Partnerships (ie, the resort) are (is) now 25 % owned by Nippon Cable, 18% by KSL, and 57% by other shareholders of Whistler Blackcomb Holdings.
A few questions spring to mind - who are the next largest shareholders? Does Nippon Cable own any of the publicly traded shares, in addition to their share of the partnerships? if so, how much?
Those that aren't familiar with the site of the proposed Whistler U should take a walk or go for a ride in the area. A good starting point is Millar Creek Trail - head south from Trail Head near Railway crossing on Alta Lake Road. To get up close to site, find the trail that starts near the big curve on Alta Lake road, just south (or is it east?) of the rail crossing. Note private property. The site (in the vicinity of the recently logged areas) can also be viewed from highway 99.
$70,000,000 / 23 homes = more than $3,000,000 per home
$10,000,000 / 23 homes = more than $434,000 per home
They should move. Under the low figure it is far too expensive to justify, under the high figure it is ridiculously so.
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