The digging (and eventual building) begins!

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It’s happening! Ground has been broken at King & 6th and visions of apartments dance in our heads! KDO’s goal of building rental housing in Dawson is about to be realized. KDO and our partners, the City of Dawson and Yukon Housing have entered into agreements that will result in 8 apartments being constructed this winter.

KDO’s mission includes strengthening critical economic and social sectors. We have continually found that Dawson City’s housing shortage acts as a barrier to its growth and development and that is why the Board of Directors has prioritized this sector.

Despite the shortage of rental housing in Dawson City (particularly in one bedroom stock), all studies have shown that construction costs prohibit the development of a new for-profit rental development at market affordable rents. A community-owned rental housing project operated on a not-for-profit basis and supported by a Yukon Housing Corporation capital grant posed our best chance of adding a significant amount of new housing stock to the market.

Based on our 2014 feasibility study supported by the CMHC Seed Funding program, our concept for a Dawson City housing solution is the development of an apartment complex of compact, energy-efficient units that would be suitable for single individuals, couples, or small families.

For further information, read the CMHC/Yukon Housing joint press release: PR

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Some KDO board members gather with Dawson City’s Mayor and a few Council members for ground-breaking celebration
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Digging!

Makerspace in Dawson?

We have partnered with KIAC to bring Logan Shrek and Andrew Kalek from YuKonstruct up from Whitehorse to help us explore the idea of a Makerspace in Dawson. Makerspaces are DIY spaces where people share equipment and tools to invent, create and learn.

Join us at the Downtown Hotel on Wednesday April 27 at 7.00 pm for an evening of big ideas and thinking.

Please see share our poster.

8-unit Apartment Complex in Design & Costing Phase

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!

KDO Seeks Development Partner for Community Housing Project

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.

Community Based Housing Project Inches Forward

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

Rental Housing Project Focus

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.

KDO activities update

As of the end of May, KDO is now able to offer baseline services:

1- Enterprise facilitation service. So, if you need assistance starting a community project or business, feel free to give us a shout.

2- We’ll be getting our online resources back up to date in the coming weeks, including our Dawson City properties map.

AND…

We are very pleased to be working on a rental housing project proposal aimed at accessing Yukon Housing’s new municipal matching funding.  Stay tuned for details. For further information about this program, visit:

http://www.housing.yk.ca/pdf/municipal_matching_rental_construction_program.pdf

 

So Long, and Thanks for All the Fish

Sadly KDO funding has not been renewed for 2015-16.

Tr’ondek Hwech’in will now administer regional business and economic development services through the new North Yukon Regional Economic Action Development Initiative (READI). Businesses and residents interested in accessing these services, or requiring further information on READI, should directly contact Tr’ondek Hwech’in or Yukon Government Regional Economic Development.

The KDO Board of Directors is evaluating the future of the organization and any role it may still play in this context. The development of new rental housing in the community remains a critical barrier to progress and opportunities for establishing non-profit social enterprises in this area are being assessed.

Thank you to all the Dawson residents that have accessed our services, attended our events and used this website and its research over the last few years. While we unfortunately can no longer deliver these, this site will remain up over the next year although we now cannot update it so content should be used with due caution.

We will keep in touch.