'Largest ever' land lottery in Whitehorse to go ahead - Action News
Home WebMail Thursday, November 14, 2024, 03:40 AM | Calgary | 6.3°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
North

'Largest ever' land lottery in Whitehorse to go ahead

New land is being opened for development in Yukon, with most lots in the Whitehorse neighbourhood of Whistle Bend. The sale is billed as "the largest ever lottery and tender of lots in Whitehorse."

Construction boom in Whistle Bend is akin to 'building the Alaska highway' says Whitehorse mayor

The neighborhood of Whistle Bend is being developed in stages, and could one day be home to more than 8,000 people, making it the largest in Yukon. (Claudiane Samson / Radio-Canada)

Development in Whistle Bend is movingfull steam aheadas the Yukon government and City of Whitehorse are pledging the "the largest ever lottery and tender of lots in Whitehorse."

Yukon Minister of Community Services John Streickersays the move will help alleviate growing demand for residential land in the territory.

"In the next year or so, the lots being offered in this latest lottery will bring even more families to Whistle Bend as newmore homes are built," he said. "We are well on the path of realizing the vision of Whistle Bend becoming a neighbourhood for as many as 8,000 people."

The first phase of Whistle Bend was established in 2012.

Streicker expects this year's lottery will mean about 600 new people willmove to the neighbourhood, which alreadyhouses almost 2,000 people.

For now, the biggest municipal neighbourhood in Yukon is stillRiverdale, in Whitehorse, which is home to just over 5,000 people.

Yukon Energy, Mines and Resources Minister Ranj Pillai expects there will be strong demand this year as Yukon is seeing 'unprecedented demand for land.' (Claudiane Samson/Radio-Canada)

Lottery has 250 lots in all

This year's lottery and tender will include commercial lots in Whistle Bend for the first time.

Prospective buyers will be able to bid on 140 single family lots, one duplex lot, 91 townhouse lots, 11 multi-family lots and eight commercial lots in Whistle Bend.

Some of the lots with zoning to allow multi-family buildingsexceed $1 million in cost.

Other townhouse lots start at just over$60,000.

There will also be five country residential lots sold in Hidden Valley.

Last year's lottery could not meet demand

Minister of Energy, Mines and Resources Ranj Pillai expects there will be plenty of demand from developers.

Last year the territory and city released 55 lots for sale. The lottery saw 244 applicants.

"In spite of everything that's been going on since March with the COVID-19 pandemic, demand remains incredibly strong for housing and commercial property in Yukon. We can see that," Pillai said.

Construction in Yukon has broken records this year, as more people move to the territory.

Pillai said it would not be a loss for the government to retain some lots after the lottery,so that some supply is available to sell "over the counter," in the future as needed.

The lots for sale are displayed on an interactive map which lists locations and prices. Minister of Energy, Mines and Resources Ranj Pillai expects there will be plenty of demand this year. (Government of Yukon)

Commercial space a first this year for Whistle Bend

Mike Gau, director of development services at the City of Whitehorse, said the commercial lots are grouped in a hub which city planning calls a town square.

"The vision to is to have local services close to homeso you can walk or bike to get a haircut, to get groceries. The majority of this neighbourhood should be able to walk there in five minutes," he said.

Gau said commercial space has been planned from the beginning, but said the city and Yukon government waited untilenough people moved into Whistle Bend before offering commercial lots,as businesses "need a client base."

Now with about 2,000 residents,Whitehorse Mayor Dan Curtis said Whistle Bend is evolving.

"My understanding is over a half-billion dollars has been poured into Whistle Bend to date," he said.

Curtis said the construction boom reminds him of anotherhistoric one in Yukon.

"I feel like they're building the Alaska highway all over again," he said.

Continued growth and investment in Whistle Bend is welcomed by Whitehorse Mayor Dan Curtis, who said he remembers some early 'ridicule' regarding the neighbourhood in its early days. Now he said the space is a 'saviour' for Whitehorse as it seeks record-breaking demand for housing and space. (Paul Tukker/CBC)

Lottery and sales will be online due to COVID-19 protocols

In previous years, people fished cardboard tickets out of a rotating drum for a chance to bid on a property.

Pillai said this year's bidding process will be online.

Details on how to bidand an interactive map with prices can be found on the Yukon government's website.

Clarifications

  • A previous version of this story said the lottery was open to developers. It is in fact open to corporations including real-estate developers and private citizens.
    Nov 27, 2020 11:53 AM CT