The District of Squamish commissioned the Land Economics team to complete a financial analysis of a proposed development in Cheekeye neighbourhood of Squamish, close to Brackendale. The District of Squamish required the financial analysis to give clarity to the value of its share of the development which is being pursued by the Squamish First Nation and a private sector development partner. Under a signed agreement between all parties, the District of Squamish is to be paid a percentage of the overall development profits. Even though there remained many unknowns about the project, the Land Economics team had to produce estimates of the development profit, based on multiple scenarios. The District of Squamish was given a range of what its share of the development profits could equate to.
District of Squamish