today's busy world we often do not take the time to celebrate what has
been accomplished and to look ahead to the next priorities. From an
economic development perspective a number of developments in the year
2000 will help secure a stable economic future for Revelstoke.
A summary of key investments is:
- Completion of
the Water Filtration Plant secures a healthy water supply for the
installed an ATM switch enabling Revelstoke to be connected to the
information super highway.
- Glacier House
Resort, a $3 million tourism project opened in July building on the
growing snowmobile tourism market.
Resort completed the Concept Development Plan for a destination
resort at Mount Mackenzie and entered into an Interim Agreement with
the Province to further the project.
- Downie Timber
invests $9 million to install a new head rig and carriage,
additional sorting capability and technology in order to maintain
its competitive position in the lumber industry.
Resources Canada completed the District Energy Options Report for
the City and Downie Timber.
Early in the year 2001, the
"Revelstoke and Area Community Development Action Plan" will
be completed. This innovative strategic plan endeavors to link social
and economic priorities and projects to guide the City and community
organizations in their future investments.
The Millennium Gateway Monuments
will be constructed on Victoria Road at the railway underpass by the end
of May, inviting more of the 4 million travellers on the Trans Canada
highway to stop and explore our historic mountain town. The setting of
enhancement priorities for Victoria Road will be established and the
City in partnership with local businesses will build several
"enhancement signage units" on Victoria Road.
Downie Timber and the City will
enter into a "Memorandum of Cooperation" to assess the
technologies, develop a detailed proposal and establish agreements for a
cogeneration and district-heating project based upon the use of Downie's
woodwaste. This project would improve air quality, reduce co2 emissions,
provide a locally sustainable energy supply and create additional
investment and employment.
With the transfer of CP Rail
jobs to Calgary and other Cities, the closure of the Goldstream Mine and
the Naya Bottling Plant during the past five years, Revelstoke has been
losing population, particularly younger families. In response, a
priority in 2001 will be to market Revelstoke as a place to live for
people who have the flexibility to select where they live and work. The
new Revelstoke Economic Development Website will be the cornerstone in
recruiting entrepreneurs to live in and work from Revelstoke.
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