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Phase one will
require $190,000,000 to complete and will consist of the following
components:
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A Palmer
Premier 18 Hole Golf Course “Palmers Pearl” c/w state of the art
Clubhouse including broadcast and hospitality services. This
facility will be shared by Canada’s first Indoor All Season Themed
Championship 9 Hole Golf Course.
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The Ocean Side
***** Victorian Style 300 Room Hotel Condo Facility including Spa,
Adult Heated Lagoon Pools, Convention, Banquet and Guest
Housing/Condos Facilities with separate access and security. In
addition there are Restaurants and retail operations accounted for
in the costing break down.
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Phase one will
also include the construction of the 3 Indoor Hockey/Skating Rinks,
Sports Centre c/w Hospitality, Medical and Retail Space and
Services.
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Malpeque will
also offer quests and visitors alike an Indoor Entertainment
Amphitheater consisting of 500 fixed seats and an additional 500
seating capacity on elevated landscaped berms the Amphitheater will
be accessed through the Botanical Gardens and will have easy access
to all other resort components.
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Sahara Sam’s
Indoor Water Park will also be close at hand and will help support
the
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Themed Camping
Facilities which include 50- 2 Bedroom Log Cabins and 20- Group
Cabins which will have dual appeal to campers, teams and outdoorsmen
alike. The Malpeque Great Lodge will provide Camp and Hospitality
Services.
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Further
development of the inner Bay may be possible but has not been
included in Phase One. However, all waste, water treatment,
electrical, roads, curbs, landscaping have been included.
The analysis of
annual combined revenue is approximately $42,000,000. The company plans
to invest revenue from the Condo portion of the hotel into the Sporting
and Entertainment Venues reducing the overhead cost of build out by at
least $50,000,000. |
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