Westside development under siege
Oct 23, 2012 / 5:00 am
The development at Copper Sky is advertised as 'easy living'; residents have found it is anything but easy. They have to put up with closed roads, crumbling pavement and a cracked pool deck.
One homeowner told Castanet that the development is falling apart. "I don't particularly want to live here anymore," he says.
Another woman, who is just renting at Copper Sky, explained many owners of units told her they were upset with the crumbling walls.
"It seems to be taking them a while to fix everything, and you know, it doesn't look like they've done a good job of building it."
Back in 2010 Remple Copper Sky went into receivership and eventually the condos were turned over to KPMG. Vice President Cecil Cheveladave, refused to comment on the construction, stating KPMG never comments to the media during receivership.
The value priced homes were sold until spring of this year. That's when the cracking pool deck and retaining wall were discovered.
Castanet made several calls to get answers about what was happening at the development. No one would answer our questions and everyone told us to talk to KPMG, who were also, not answering questions.
We decided we needed to dig deeper and we went undercover with a hidden camera. Our team acted like they wanted to buy a condo, and even though no one would talk to us about the problems at Copper Sky, they were happy to take us around as perspective buyers.
On the day we went shopping the realtor told a group of 'buyers' they will start to sell the units again once an assessment on the pool deck and the retaining wall is complete.
"We are just waiting to hear exactly what the issue is, because it's called material latent defect, it is something that is not discernable to the naked eye. If we sell you the unit and then you find out there is a five thousand or ten thousand dollar assessment you're not going to be happy."
If it turns out there is a fault in the wall, apparently, Copper Sky can seek litigation against the structural engineers, the geo-technical engineers and even West Bank First Nation as they all signed off on the development.
The WFN says it won't be their responsibility because the developer signed a 99 year lease. They also referred all calls to KPMG.
Someone will have to pay for the repairs and if Copper Sky can't get the money through litigation and the contingency reserve for the development won't cover the cost, homeowners will be stuck with the bill.
The realtor gave an example that if there are 200 units in the development and if it were to cost one million dollars to repair the wall, it would cost each home owner $5000.
"We are just waiting on the results of the testing, maybe that wall doesn't need to be replaced maybe there is no problem with it, but we are just waiting to hear on all of it," she says.
As for those who thought they got a great deal on the Westside, they are now holding property they can't sell.
One unit owner told Castanet he could try to sell, but it wouldn't be worth it.
If you have a story to share about Copper Sky please contact castanet at [email protected]
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