Malahat resort sold to Shawnigan developer

The Aerie is set to re-open next year now that a judge has approved the sale of the luxury resort.

The Aerie is set to re-open next year now that a judge has approved the sale of the luxury resort.

A numbered company owned by Shawnigan Lake’s Harvey Simons successfully bid $3.1-million for the 85-acre property.

The former five-star resort perched atop the Malahat closed and went into receivership in November 2009.

Originally listed for $6.9 million, it was reduced to $4.75 million in February of this year, and finally dropped to $3.95 million in June.

Simons’ $3.1-million bid, meanwhile, was subject to court approval due to the conditions of receivership.

With the bid approved in court, Simons’ offer moves into the traditional 30-day closing period.

“In the first phase (Simons) will do the work necessary to bring it back up to an acceptable standard,” said Patrick Hrushowy, Simons’ spokesperson.

“It’s sat idle now for nearly three years, and while the receiver did a good job keeping it whole and intact, weather has had an impact and so on.”

Simons expects upward of $2 million will be required to restore the resort to its former five-star glory, before reopening at the beginning of the next tourist season.

A land developer and business owner, Simons also plans to re-brand the resort, and replace its Aerie name, although at this time he hasn’t decided on a new moniker. After that, he hopes to develop the property’s upper portion for what Hrushowy called a “high-end wilderness experience” that fits in with the South Cowichan OCP’s vision for tourism/commercial development in that region.

“He’s taking a look at what the economics might be, but it’s looking like a dozen or more high-end, but rustic, cabins that would be nestled into the natural environment there,” Hrushowy said.

Simons also hopes to make good use of the property’s heli-pad, which would allow tourists to take advantage of southern Vancouver Island’s many outdoor recreation opportunities, such as whale watching and fishing, while still enjoying the luxury of the resort.

The property’s three buildings include amenities such as gourmet dining and spa facilities, plus a tennis court and other fitness facilities.

—Krista Siefken, Cowichan News Leader

 

Just Posted

9 Victoria-area restaurants make top 100 most scenic dining list

Open Table compiled the list by reviews from diners between June 1, 2018 and May 31 of this year

Justin Trudeau’s carbon footprint revealed in ranking of world leaders

Travel company ranks 15 world leaders’ foreign flight CO2 emissions

Average rent for one-bedroom in Victoria nears $1,400: PadMapper

Victoria sixth in Canada for most expensive rent

Trudeau announces $79M investment for 118 more public transit buses across B.C.

Contributions from municipal to federal level to fund more buses in a bid to cut commutes

VIDEO: 1,400 classic cars roll into Victoria for Deuce Days

The four-day festival highlights classic hot rods, with a special emphasis on cars built in 1932

POLL: Do you carry reusable shopping bags?

While a court ruling determined the City of Victoria’s plastic bag ban… Continue reading

Greater Victoria wanted list for the week of July 16

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

BCHL: Alberni Valley Bulldogs have been sold

Victoria company has purchased BCHL team, but will keep it in Port Alberni

“Does Kirby care?” B.C. First Nation’s group using geo-targeted ads in Houston, Texas for justice

The Heiltsuk Tribal Council has called out Kirby Corporation for the Nathan E. Stewart oil spill

B.C. woman wins record $2.1 million on casino slot machine

‘That night was so surreal … I wasn’t able to sleep or eat for the first two days,’ she said

$900M settlement reached in class action on sexual misconduct in Canadian military

After facing criticism, the government moved to begin settlement proceedings in early 2018

Tax take stays ahead of increased B.C. government spending

Tax revenue $2.1 billion higher than budget in 2018-19

Most Read