Northern Vision Development has added a fourth hotel to its portfolio – this time in Dawson City. The company announced yesterday that along with the Chief Isaac Corporation it had purchased the Downtown Hotel.
Chief Isaac Corp., the development company of the Tr’ondek Hwech’in First Nation, was interested in partnering to look at opportunities in Dawson, said Northern Vision Development CEO Rich Thompson.
The joint companies bought the property because it came with two buildings and some land, said Thompson.
One of the annex buildings will be used to house some Yukon government employees who have been on a waiting list. Ten one-bedroom staff units will be ready for occupancy by January next year.
Scott Kent, minister for the Yukon Housing Corp., said in a press release that he is pleased with the “innovative” private-sector solution to housing.
Thompson said the companies are also considering development on the land somewhere down the road.
Northern Vision hopes to retain all the hotel employees, as they have a history with the hotel and attract clients, Thompson said.
The hotel is known for its “Sour Toe” cocktail, which has become a famous tourist attraction.
The hotel has 59 rooms in its main building and 24 in its annex. Northern Vision now offers 270 hotel rooms in the territory, with its Whitehorse properties, the Best Western, the Coast High Country Inn and the Edgewater Hotel.
(by Krystle Alarcon)