Thanks to the landowner who sent me this info. 🙂 What kind of scam is going on? Doesn’t this look like a red flag? You want to put faith in someone who agrees to an $80 million loan at 30% per annum, compounded monthly? As always, anything related to KIP aka UBE turns bizarre.
The court documents in this post: https://allthingsunionbay.com/2024/08/15/sleazy-developer-kensington-island-properties-bites-the-dust-court-ordered-sale-to-satisfy-100-million-debt/
Is this why the CVRD and Area A Director Daniel Arbour kept insisting they were still working with the developer? JFC look at the history of this Ching, never mind the bullshit McMahon fed us for decades. There is something seriously wrong with anyone who believes KIP and/or associates are good for Union Bay. We have been hobbled because everything always depends on KIP aka UBE aka aka aka… who never honours an agreement or promise. Quite the comparison from what was promised and Sunwins list of what has been contributed to the community since the 2006 hearings:
…the development will cultivate growth through job creation and contributions to the community, including the recent donation of land to the Union Bay fire hall, the local school district for a public school and land and cash contributions for the Union Bay Water Treatment Plant and Reservoir.
Compare to the items below – only emphasized the major promises in the lists. Union Bay was screwed – it needs to stop now.
From Sunwins http://sunwins.ca/about
Our Promise
Founded in 2002 by our president and CEO, Michael Ching, we started by building single-family homes and townhomes in the Lower Mainland. Over the years, our promise to always add real value to the communities we develop has resulted in the opportunity to expand our experience into low rise multi-family homes, high-rise condominiums, hospitality and commercial properties.
By incorporating a spirit of innovation into everything we do, and building on the legacy of trust we have established over the last 2 decades, our projects will always strive to add to the quality of life of those who experience them.
Live in a sophisticated, complete community in the Comox Valley
Sunwins’ Union Bay Estates is a 789-acre development featuring single-family, multi-family and low-rise residential housing
Author of the article:
Gerald Vander Pyl • Postmedia Content Works
Published Sep 30, 2024 • Last updated Sep 30, 2024 • 2 minute read
A new community is taking shape in the Comox Valley on Vancouver Island that is set to redefine what’s possible in a real estate development.
Union Bay Estates by visionary developer Sunwins will combine modern conveniences, rich heritage and breathtaking natural beauty with a wide selection of real estate options for people from all walks of life.
Sunwins was one of many exciting sponsors to attend the 2023 Interplay Summit, an exclusive business event held in Vancouver, B.C., last September.
At final buildout, Union Bay Estates’ 789-acre site will include single-family, multi-family and low-rise residential housing, along with a high-tech park and educational districts. Amenities will include a town centre, two four- and five-star luxury boutique hotels, a marina village, medical and shopping and services, as well as a wedding chapel for the creation of a complete community.
The stunning location of Union Bay Estates features unobstructed views of the water, ensuring that residents not only get to live amid natural beauty but also wake up to picturesque vistas every day.
Affordable land pricing in the Comox Valley has enabled Sunwins to develop the project with more accessible real estate offerings in comparison to areas such as Vancouver and Victoria, while still having the convenience of an international airport and state-of-the-art hospital nearby.
The embodiment of leisure and luxury, a 200-slip marina village is expected to be a highlight of Union Bay Estates for many residents. There will be a helipad and a seaplane dock that will also serve as a pocket cruise ship dock, providing unique options for accessing and exploring the community.
One hundred sixty acres of parks and greenspace will be a part of Union Bay Estates, including a public park on the waterfront and a trail system that runs from the ocean to the edge of the community in the west.
During the planning stages, Sunwins emphasized the importance of making Union Bay Estates a project that would strengthen the socio-economic fabric of the surrounding area. Along with adding much-needed residential options, the development will cultivate growth through job creation and contributions to the community, including the recent donation of land to the Union Bay fire hall, the local school district for a public school and land and cash contributions for the Union Bay Water Treatment Plant and Reservoir.
For more information, go to unionbayestates.com.
This story was created by Content Works, Postmedia’s commercial content division, on behalf of Interplay Summit.
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