KDO is getting set to celebrate completion of the new apartments on 3rd avenue, May 31st!
Tenants will be moving into the building on June 1 and June 15, 2019.
THANK YOU to our funding partners:
Canada Mortgage and Housing Corporation
Yukon Housing Corporation
City of Dawson
Our commercial finance partner: CIBC
And our incredible local contractors and suppliers:
Big B Painting
Arctic Inland Resources
It looks peaceful on the outside… but on the inside the rooms are all framed, plumbing is roughed in, electrical is almost done, and we’re putting up drywall.
KDO is excited to be contributing to the revitalization of this section of third avenue. We’re hopeful that the vacant buildings along here will find new life and opportunity soon!
No big deal… just getting some wall up… (!!)
There’s snow on the ground and a chill in the air, but with the help of our trusty local contractors and the City of Dawson we are charging ahead with construction of our next 8-plex.
Supporting a year-round economy is important to KDO as a community economic development focused organization, so we are pleased to once again be shopping and hiring local as much as possible, and to be constructing through the winter months.
Thanks to Gammie Trucking for their stellar work completing our excavation and backfill so quickly:
Here’s a fun shot of the Oro Enterprises construction crew who were out building forms for the concrete footings:
And thanks to Grenon Enterprises and City of Dawson for taking care of the water and sewer installation pretty much ‘just in the nick of time’ in terms of weather:
Work site the other morning:
Governments of Yukon and Canada joint press release:
KDO’s request for proposals for final design and costing of an 8-unit apartment complex for downtown Dawson City garnered several competitive proposals. The highest scoring proponent was Oro Enterprises of Dawson City, who were awarded the contract.
Oro has already met with the KDO board to discuss concepts and floor plans, and is working on a draft design that is oriented to our lean budget and will complement the heritage nature of the town’s core.
We look forward to sharing the design once completed!
Klondike Development Organization has issued a request for proposals for Phase 1 (the Design & Costing) of a Design Build process for an 8-unit Community Based Housing Project.
KDO RFP Notice- Design & Costing
The project is to be funded in part through Yukon Housing’s Municipal Matching Program, with the remainder of financing achieved with a commercial mortgage. If all goes well, construction of a compact 2-storey apartment complex in the downtown core could commence as early as the summer of 2016.
There is a significant shortage of rental housing in Dawson City, and yet all studies have shown that construction costs prohibit the development of a new for-profit rental development.
KDO is moving forward with final testing of a not-for-profit model that would utilize existing programs through Yukon Housing Corporation, tax incentives offered by the City of Dawson, and a commercial mortgage to make the project work.
Based on our 2014 feasibility study, our concept for a Dawson City housing solution is an apartment complex of 8 compact, energy efficient homes that would be suitable for single individuals, couples, or small families. Thanks to a CMHC project development loan, KDO is progressing with pre-construction work, and will be issuing RFPs for a design-build partner to complete final design and construction costing, geotechnical site assessments, and other activities over the course of the next few months. The project will only go ahead if final project cost estimates & other details satisfy both the KDO and our proposed financial partners that the project is solid and can be built within the allocated budget.
Our complete, updated project business plan can be viewed at: http://www.klondikedevelopment.com/wp-content/uploads/2015/11/KDO-CBH-Business-Plan-20151.pdf
Klondike Development Organization no longer delivers ongoing business and economic development services. Regional Economic Development initiatives are now lead by the North Yukon Regional Economic Action Development Initiative (READI). This is administered by Tr’ondëk Hwëch’in with co-funding from Government of Yukon and City of Dawson. Please contact those governments directly for further information.
We are now focused on facilitating the development in 2016 of a new 8-unit community-owned rental housing complex in Dawson City, to overcome a critical barrier to our growth and well-being.
We have archived our research and details of our past events here so they remain accessible for the foreseeable future. Unfortunately we can no longer maintain many of the site functions such as our popular property search tool, and these have been removed.
Thank you for visiting our site and to all of you that have used and supported our services in the past. We look forward to announcements on the housing project soon.