Canada: Developer unveils plans for $1.5 billion resort

Calgary-based developer Stone Creek Properties Inc. unveiled plans for the Village at Silvertip, a new $1.5 billion destination resort community in Canmore, Alberta.

The development, which Stone Creek Properties estimates will draw 200,000 visitors annually upon completion, is expected to include a luxury hotel, spa, wellness center, conference center, and a variety of restaurants and lodges. Construction will either begin late in 2008 or early in 2009, with completion of the project's first phase anticipated for 2012.

The Village at Silvertip region is already home to Silvertip Golf Course, an 18-hole, championship facility in the Rocky Mountains. The course will remain open for play throughout construction of the new village development.    

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