History of Pacific Shores Resort & Spa
In 1989, the Pearson family first surveyed a spectacular section of waterfront property called Pacific Shores on the east coast of Vancouver Island, just south of Parksville.
The Pearsons saw the property as 15 acres of opportunity. Patriarch Andrew Pearson assembled five other partners and purchased the land with the intention of developing it into a nature resort with whole ownership condominiums. By the summer of 1990, sales were moving forward but not at the anticipated pace. The Pearsons evaluated their options and discovered that converting the development to vacation ownership in perpetuity was a viable alternative.
Pacific Shores Resort launched the first sales of its new vacation ownership product in April 1991, effectively making the Pearsons pioneers in the Fractional Ownership industry when it came to vacation homes. In 1991, the Pearsons launched a 1/10 interest in fee-simple, deeded real estate to test the waters. All 50 shares sold out quickly and many of the original owners still enjoy five weeks of West Coast relaxation each year at Pacific Shores.