Last week, we met with Harley Nakelsky, the vp of sales and marketing at Skyline Developments. He let us know how he got into the industry, what new strategies he has devised, and Skyline’s vision for its destination communities. But what exactly is a destination community? Has Skyline created a new residential development genre? What’s the point? We had so many questions. Luckily, Harley helped explain it to us.
“What we are doing is taking this concept of buying land below value, and capitalizing on it. It’s not like when you buy empty land just off of the 400 and build a condo building. If you do that, there is nothing there,” Nakelsky said. “Now that we are doing it, we have people coming up to us and saying, ‘What you guys are doing, it just makes sense’.”
That does make sense, but what is Skyline doing differently? What makes its land purchases so valuable, yet so affordable?
“What we do is buy the infrastructure—Deerhurst Resort, Horseshoe Resort, Port McNicoll—and then develop directly in those areas…When we purchased at Deerhurst, it’s not like we purchased something no one knows of…People love going up there, and now they can buy a place there,” Nakelsky said.
Essentially, Skyline purchases well-established properties for lower costs, and then puts its savings into improving the infrastructure. It specializes in recognizing the potential of a piece of land, and making it even better. Not only does the company improve existing buildings and services, it add more.
No one else is designing and building destination communities the way Skyline Development does it. In fact, it’s probably the only company doing it in Southern Ontario. This style of community makes so much sense that it might just become a new trend. Just remember that Skyline did it first!
We’re excited to see what the future holds for Skyline and Harley Nakelsky. We wish them luck! Also, thanks again for talking with us, Harley.Google+