A HOTEL DEVELOPMENT COMPANY
A HOTEL DEVELOPMENT COMPANY
Rideout Bay Developments stands as a premier real estate development firm, passionately dedicated to shaping the landscapes of Northwestern Ontario's flourishing markets, including Dryden, Sioux Lookout, Hornepayne, Fort Frances, and beyond.
The Hornepayne opportunity is a unique situation as the town currently lacks a hotel of any kind. The previous hotel was located in the Hallmark Centre, a facility that was closed in 2010 despite the fact that the hotel was doing well. The demand In Hornepayne has again been surging due to the success of area mining, forestry, and a strong railway component.
The Sioux Lookout opportunity is a unique situation as the market is short 200 nights per day according to the local economic development office. This demand has been growing not only due to economic factors, but also as Sioux Lookout continues to thrive as a service centre for 30 First Nations communities surrounding it.
In Dubreuilville we are developing a 3 level 22 unit apartment building. The town has shown significant growth over the past few years as one of the mining areas is expect to double over the next few years. The town has a strong demand for housing as locals and employees of the mining companies are looking for housing.
The demand In Hornepayne has again been surging due to the success of area mining, forestry, and a strong railway component. We will be developing an 8-unit multi-residential complex.
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