Substantial development begins in Stz’uminus First Nation
LADYSMITH — Years of planning are starting to show for Stz’uminus First Nation, whose ambitious property development vision is becoming reality.
The band’s Oyster Bay Development (OBD), 65-acres straddling the Trans Canada Hwy just north of Ladysmith, had a new gas station and Tim Hortons open last week at Oyster Sto’Lo Rd.
Coast Salish Development Corporation CEO Ray Gauthier, who heads the economic development arm for Stz’uminus First Nation, told NanaimoNewsNOW a nearby 10,000 sq/ft commercial-retail development is already 80 per cent leased.
He said pre-construction work has begun for an 81-room hotel in the same area, which Gauthier expects will open in May, 2018. Gauthier said these and several other development projects will provide short, medium and long-term benefits for Stz’uminus members.