Parastone, a locally-owned construction and development company, announced today that it has acquired a substantial portion of 660 acre parcel of land located one kilometre from Fernie’s historic downtown. The acquisition was completed earlier this year and Parastone has been immersed in the planning and development of a new master plan for the land previously earmarked for development of the Blackstone Golf Resort.
“We are very excited about this acquisition and to unveil the community’s new name,” says Simon Howse, general manager of Parastone. “Montane references the defining experiences and features of mountain living and perfectly symbolizes our vision for this incredible piece of land.”
The company is taking a ‘Fernie First’ approach and its vision for the new community stems from a recognition and respect for the role Montane will play as part of the larger Fernie community. The development of the Montane masterplan vision is being guided by the site’s physical and recreational connections to Fernie’s historic core.
Howse continues, “We will be releasing more details later this summer but the Masterplan for this property will be reflective of its natural setting and deliberate connections will be made between outdoor recreation, downtown Fernie and the community as a whole.”
As part of the ‘Fernie First’ approach, Parastone has launched a local registrants program where residents can sign up here to receive more information as it becomes available and receive priority selection when the community releases its first phase of homes.
Parastone has a proven track record with development in Fernie, having completed 901 Fernie, a $30 million restoration of the 1908 Fernie Schoolhouse wherein Parastone transformed this iconic building into condominium residences and vacation rentals complete with a spa and a wellness centre inside. Other projects include Veneto Place Properties and several residential projects throughout the Elk Valley and Cranbrook.
The Montane community stands to be Fernie’s largest property development to date and offers mountain living with west facing aspect allowing maximum sun exposure. It is close to Fernie’s historic downtown and home to numerous hiking trails, mountain bike trails, and flanked by Brewery Creek and Coal Creek.
The familiar “Old Barn” will remain a cornerstone of the project and it will be enhanced for public use as a neighbourhood landmark to accommodate community events and recreational programming. The barn was already used as the water station during the Fernie 3 multi-stage bike race which saw racers riding the trails which the new development will be built around.