Sun Rivers for sale, focus shifts to land development

Aug 4, 2016 | 12:09 PM

KAMLOOPS — Sun Rivers says it’s time to put the golf course and Hoodoos restaurant up for sale. The listing, through Colliers International, will be public by the end of the week, according to CEO Rick Siemens. The company ultimately wants to focus their effort on land development.

“We’re a land-development company first off, and it was always our intention at some point to sell off the golf course,” says Siemens. “It wasn’t intended to be a long-term investment by the partners.”

Siemens says there are still around 800 housing units to develop in the land above the golf course, and could take between eight to 10 years to finish, depending on the market. Sun Rivers Partnership is also looking at a possible hotel and other commercial property.