Jack Pine Lodge is the fourth lodge in two years as Spring Creek unaffected by downturn
CANMORE, AB. Spring Creek, Canmore’s premier neighbourhood, announced today the public launch of Jack Pine Lodge, its sixth new multi-million dollar residence and fourth residential project in two years.
“Canmore has consistently shown a resiliency in the face of a slower market in Alberta,” says Ross Jansen, Spring Creek Realty sales director. “We’ve had a substantial increase in home sales and a significant increase in property value.”
According to the Q3 Market News Report from Sotheby’s International Realty which tracks sales statistics for the Canmore region, the real estate market continues to flourish with a 10 per cent year over year sales growth for the third quarter. August saw a 29 per cent year over year sales growth and a seven per cent increase in property value. (Source)
Comparatively, Calgary year over year sales are down thirteen per cent and below long-term averages as reported by the Calgary Real Estate Board in October.
Located at the western edge of the neighbourhood, next to White Spruce Lodge, Jack Pine will deliver some of the best views within the Spring Creek community – including the signature Canmore views of the Three Sisters Peaks.
Named after the developer’s father, Jack Kernick, who built the Restwell Trailer Park on the Spring Creek lands with his brother Don Kernick, Jack Pine Lodge has been crafted specifically with Canmore locals in mind and is zoned for residential use. Spring Creek has been conducting extensive customer experience research to develop the perfect mountain-side home.
“Jack Pine Lodge is the next step in our master plan for Spring Creek. The demand for property in Canmore is continuing to grow due to the ideal location close to Main Street and all the amenities of this great town,” says Frank Kernick, president, Spring Creek.
Photo caption: Jack Pine Lodge – rendering – 09/22/18
Photo credit: Courtesy of Spring Creek
With four residential lodges launched in two years, Spring Creek has proven popular with buyers. This is not surprising considering that Canmore is the number two best place to live in Alberta, according to Money Sense’s ‘Best Places to Live 2018’ report and seventh overall across Canada.
The new 49 suite condominium development is planned to have a series of generously sized floor plans with a mix of one, two and three bedroom suites. The development will be designed with an array of amenities for stylish and comfortable mountain living including a garden hot tub, exercise room, underground heated parking, geothermal heating and cooling, with a modern atmosphere accompanied by upgraded interior finishes.
Jack Pine Lodge will also provide future residents with more open, green living space than ever before. The aim is to design the ideal mountain condominium home for local families and couples looking to move into the coveted Spring Creek neighbourhood.
“Here at Spring Creek, we are excited to welcome all future Jack Pine Lodge residents to the community,” says Kernick. “Our aim is to create homes that provide a comfortable, relaxed and luxurious lifestyle for residents to enjoy for many years to come.”
Currently, Spring Creek is a 70-acre development, made up of five condominium lodges, a senior residence, two creek-side villas and eight single-family estates – which are all over 80% sold. This November it is holding the Grand Opening of Canmore’s first four-star luxury hotel, the Malcolm Hotel, on the site of its community.
Spring Creek continues to develop and build a sense of community within Canmore and is a major supporter of the wider Canmore community, including the just past Canmore Highland Games.
Spring Creek is continuing to accept registrants for the Jack Pine Lodge. To register visit here.
About Spring Creek
Spring Creek is a mountain neighbourhood comprised of homes for locals and vacationers of all ages, located within walking distance of downtown Canmore in the Canadian Rockies. Surrounded by mountain views, vast expanses of unspoiled wilderness and clear, glacier-fed rivers and streams, opportunities for outdoor adventure include world-class skiing, golf and fishing, hiking, biking and mountaineering.