Peachland香蕉视频直播檚 mayor has had enough developers breaking promises to build in the community.
香蕉视频直播淚香蕉视频直播檓 a little bit disappointed,香蕉视频直播� Patrick Van Minsel said at council meeting Tuesday (Mar. 11). 香蕉视频直播淲e approved a lot of developments in our two years, and a lot of promises were made by developers to build.香蕉视频直播�
The mayor noted that on several occasions developers have proposed housing projects in the community and after getting a third reading for zoning from council they put the property up for sale.
香蕉视频直播淭hat is disappointing to me and to this council,香蕉视频直播� Van Minsel said, pointing out a property that was planned for a townhouse development recently went up for sale.
香蕉视频直播淚t baffles me because, at the end of the day, they promised 香蕉视频直播極h no, we香蕉视频直播檙e gonna build,香蕉视频直播� and it's up for sale.香蕉视频直播�
A property at 5971 Princess Street, with Okanagan Lake views, was recently listed on Realtor.ca for $6.75 million. According to the BC Assessment website, that same property was sold for just over $3 million in 2023.
In Nov. 2024, council gave a third reading to rezone the property and the adjacent lot (5698 Princess St.) from low-density residential to multi-unit residential to facilitate the construction of townhomes.
A parcel of land approved for a large apartment complex at 5481 Clements Avenue, next to Peachland Elementary School, was put back on the market in Apr. 2023 for $4.9 million. Council had approved a development permit for an 84-unit building on the site in Feb. 2023. The current price is $3.9 million. It sold in Aug. 2020 for $1.6 million according to BC Assessment.
香蕉视频直播淎 lot of staff time goes into these projects, and a lot of our time goes into this,香蕉视频直播� Van Minsel noted. 香蕉视频直播淚s there something that we can do, or is there something maybe in our process that is too strict to get let them build?香蕉视频直播�
Council plans to discuss the issue in the coming months.
According to the district香蕉视频直播檚 Interim Housing Needs Report from Dec. 2024, Peachland needs to build 494 new homes over the next five years, and 1,650 new units in the next 20 years.