Private Estate Lots, Permitted Self-Powered Marina, High-end units, Water Company, Green renewable energy projects.
Re-establish historic marine facilities on the inside passage with new docks and restoration of utilities.
There is a growing need for marine services in the area, because of a steady stream of vessels stopping in, as the location is rare and irreplaceable. Each improvement made to Butedale will attract more vessels. Approximately 30 Acres of deeded land, 28 acres of deep tide water bay, 64 acres of long term leased land and rights of way, hydro-electric licenses and fresh water and approved marine operation rights. Butedale Bay is the only freehold land on Princess Royal Island.
Fresh water and Hydro-Electric rights at Butedate stand have alone value potential. The package includes Fresh Water Rights and Hydro-Electric Licenses. A wholly-owned subsidiary of Inside Passage Marine has been incorporated to capitalize on the Fresh Water and Hydro-Electric potential: Spirit Bear Water Company Ltd (aka Butedale Water Company) is 100% owned by Inside Passage Marine. Fresh water rights encompass a large pristine mountain lake and drainage system above Butedale. The Final Water Right includes Licence to store: 6,144 acre feet of water on Butedale Lake (controlled by our concrete dam and separate spillway) and to draw on the fresh water supply at a continuous / year round rate of 40 cu. ft per second, for the purpose of Hydro-Electric Power.
Potential for 1000KW / 1 MW of Hydro-Electric Power at Butedale is evident. Power house at Butedale needs to be refurbished. It is located 100 vertical metres below the intake. Hydro-electric licence currently rated: 800KW on construction standby. Potential of the abundant water fresh water supply and uses for the hydro-electric can be built upon.