HBME Development Management Inc.

HBME Development Management Inc.

April 05, 2012 18:25 ET

Servicing Contract Awarded for New Resort Property on Hudson Bay Mountain

SMITHERS, BRITISH COLUMBIA--(Marketwire - April 5, 2012) - Hudson Bay Mountain Estates is pleased to announce that the construction of this development has been awarded to Harvey and Greg Burns of Vihar Construction Ltd. Vihar has been located in Smithers for the past 40 years and has an immense amount of experience understanding the challenges and requirements to undertake a project such as this.

The Initial Release of 16 single family lots on the mountain will be fully serviced and delivered in 2012. Set 800 meters above the town of Smithers, this development has the core characteristics of Telluride, Colorado and Lech, Austria, with true ski in and ski out access and unparalleled exhilarating views. With the experience and resources that Harvey and Greg Burns bring to this project, the Bulkley Valley will enter into a new and exciting phase of growth of the resort on Hudson Bay Mountain.

HBME Development Management Inc., the developer, has engaged Dale Bellavance of Bell Group International to work directly with the Vihar team and the other consultants and resources necessary for this project in order to ensure that all aspects of the project come together in a timely manner. Dale and Bell Group International have over 30 years of experience in land acquisitions, sub-division development and project management throughout many regions of Canada, U.S. and Mexico.

When complete each lot will be delivered to the lot owner with public road access, connections to the lot line for domestic water, hydro and a discharge line for a step sewage system, and be qualified for a building permit in the Regional District Bulkley Valley Nechako. The unique zoning on these lots permit construction of a single family home with or without a suite and the option for a second residence if there is no suite in the main home. All dwellings are permitted for year round, full time residential use and for short term or long term rental.

Sales for this development are subject to the terms of a Disclosure Statement. At this time there are only 8 lots left for delivery this year. Further information is available at www.hudsonbaymountainestates.com. The developer has appointed Sandra Hinchliffe of RE/MAX Bulkley Valley as the lead agent for sales. Sandra is available at 250-847-5999.

Due to the exceptionally heavy snow pack on the mountain this year, the start of work on site is set for early June. The road right of way has been cleared previously and the site is still accessible over the snow until the start of construction.

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