Downtown Kelowna, B.C. highrise projects ready to move forward
Global News
Highrise developments in Kelowna are making progress, working towards revitalizing the downtown core.
The revitalization of Kelowna’s downtown core is behind the constant drum of construction as more and more highrise developments start to take shape.
The massive three-tower project proposed for Leon Avenue, Water Street by the Park, has submitted building permit applications for its first two towers.
“We are getting ready to get started with the demolition on the existing buildings,” said Anthony Beyrouti, Orchard Park Properties’ founder.
“Hopefully right after, get the shovels into the ground, dig a hole and get the buildings started.“
The Orchard Park Properties founder says the company hit record sales on its first tower.
“It’s actually the fastest selling community in the history of Kelowna,” said Beyrouti.
“We sold over 350 units, which is a lot, especially in the middle of the pandemic.“
One bit of feedback developers are getting is an appreciation for expanding housing inventory in the city.