Village looks for investment at Nakusp Hot Springs

Visitors from all over the world visit the pristine, natural spring water pools, which are nestled in the evergreen forest.

The Nakusp Hot Springs are a vital component to the economy of the Village. Visitors from all over the world visit the pristine, natural spring water pools, which are nestled in the evergreen forest.

The Village of Nakusp owns more than 240 acres of land surrounding the hot springs. In ongoing efforts to ensure long term viability and further growth, the mayor and council are exploring opportunities to enhance development at the hot springs.

In conjunction with council, the Hot Springs Advisory Committee has developed an investment scenario which will be circulated to individuals/businesses who may be interested in working with the Village to further develop some of these lands. The investment opportunity has also been posted with “Opportunities BC” – an International Trade and Investment website developed by the provincial government to promote opportunities for investment in British Columbia.

“We recognize that we have an exceptional opportunity to partner with an investor to develop a resort lodge at the hot springs while at the same time maintaining community access to the pools” says Mayor Hamling. “Council supports new development and as a Village owned entity, we can offer benefits and flexibility to a joint venture partner or purchaser”.

Looking for potential investment opportunities is not slowing the Village down from completion of other new initiatives at the Hot Springs. This summer, the Hot Springs building will receive a new roof and on August 17, the newly completed Kuskanax Creek Footbridge will be officially opened. The footbridge opens up access to hundreds of kilometres of pedestrian and cycling trails – perfect for a day of exploration in the woods followed by a soak in the pristine hot pools. The replacement of the footbridge was funded through grants from the BC Government Community Recreation Program and Columbia Basin Trust.

Village Council actively supports a vibrant hot springs that enhances the Village’s financial situation and is accessible to the residents. They have confirmed that by renewing their interest in exploring development opportunities and undertaking these new initiatives. It is an exciting time for the Nakusp Hot Springs.

 

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