Frequently Asked Questions
Why was this site chosen for rezoning?
The property is a .98 ha site within walking distance to the Creekside Gondola and shopping at Franz’s Trail and has convenient access to Whistler transit for transportation to Whistler Village or Function Junction/Cheakamus.
Why was the site disturbed prior to this proposal?
An excavation permit was initially taken out for site preparation of a single-family home. A Riparian Areas Regulation Assessment was requested by the RMOW and completed to obtain the excavation permit.
The proposed density of the project appears to be inconsistent with the neighbourhood?
Will this be a dorm style building for front-line and seasonal employees?
No, the project is targeted at young professionals, couples and families in supervisory, management and technical roles. The project will have 48 two-bedroom, two-bathroom units with in suite laundry, dishwasher, storage and a balcony or patio. The units will have occupancy capacity maximums built into the lease e.g. two-bedroom – 4 people.
Who can rent the units?
The concept is to lease units directly to businesses in the Whistler community to allow them an opportunity to provide housing for their mid-level employees within their overall employment packages (including rent subsidies). However, we are willing to make a portion of the units available to the WHA list if required.
How much will it cost to rent a unit?
The lease rates are based on $2.85 per sq.ft. increasing by inflation based on the RMOW guidelines, which we have anticipated at 2% per year. All 48 units are two-bedroom, two-bathroom units with a dishwasher, washer and dryer, storage and balcony or patio. The units are 790 sq.ft. plus a deck/patio and will rent for $2,251.50 per month. That compares to market cost per RMOW of $2,750 per month.
How will rates be restricted against future increases?
Rate increases will be limited to an inflationary index in perpetuity as directed by the RMOW.
How will the project increase traffic in the area?
As a requirement of the proposal a traffic study has been commissioned to determine the impact of vehicle traffic at the Nordic Drive/Highway 99, Nordic Drive/Nordic Place, Garibaldi Way/Nordic Drive and Garibaldi Way/ Eva Lake Road. The traffic impact assessment concludes that the proposed development will have little impact on the surrounding roadway network. Furthermore, the location of the property is favourable for walking and biking with its proximity to the valley trail and commercial amenities at Creekside and has convenient access to Whistler transit service.
How will increased parking on the street be managed?
The parking will be self contained on the property with 77 parking stalls for the 48 units.
The Rental rates seem high, why?
The rental rates reflect the cost of land and construction in todays environment. Using the affordability benchmark of 30% of income, two individuals living in a unit would have to earn approximately $45,000 each, which is slightly more than the medium income of a single person living alone per the 2015 census and within the range of the medium income of couples both with and without children in the same census. Our rental rates will be affordable to our target market of mid-level managerial or technical employees within the community. Future increases will be limited to an inflation index defined by the RMOW.
Who will be able to afford these units?
We will be targeting businesses with young professionals, couples and families in supervisory, management and technical roles looking to build a career in Whistler.