Former Kootenay Co-Op building in Nelson sold

The building is slated to be renovated into office and retail spaces, with an autumn 2018 occupation.

The former Kootenay Co-op building in Nelson. — Photo courtesy Michael Dale/BB

Various reports are indicating that the vacant building on Nelson's Baker Street which housed the Kootenay Co-op for many years has been sold and is now to be renovated into office and retail spaces.

The new buyer is a name familiar to the business community in Nelson—Shambhala Festival owner and operator Jimmy Bundschuh.

Bundschuh and his business group also recently completed a top-to-bottom renovation of the Savoy Hotel which sits across the street from the recently purchased building of the former Kootenay Co-op society.

A fall 2018 occupation is in the works, with the Shambhala Festival utilizing the back offices and warehouse space in the building and retail rental opportunities fronting Nelson's busy Baker street.