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Kelowna council enthusiastically endorses rental house development

The 280-unit complex, with apartments and townhouses, is slated for land on KLO Road.
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An artist's rendition of the planned 280-unit rental housing development planned for KLO Road

Kelowna city council has taken the next step in trying to help alleviate the chronic shortage of rental accommodation in the city.

On Monday, council approved a development permit for a proposed 280-unit rental housing complex, slated for land off KLO Road adjacent to Immaculata Secondary School.

The six-building complex will consist of three four-storey apartment buildings, two three-storey stacked townhouse buildings and a community amenity building. The amenity building will shield the at-grade parking lot from view on KLO Road. More parking will be provided underground at the site.

The apartment buildings will each contain 80 units 香蕉视频直播 25 one-bedroom suites and 55 two-bedroom suits 香蕉视频直播 and have one level of underground parking with 60 vehicle stalls and 66 storage spaces for bicycles. The 40 townhouses will be one-bedroom and three-bedroom units.

Council welcomed the addition of the development in the city, noting the current low vacancy rate for rentals and need for larger rental units for families.

The location, near the South Pandosy town centre, is supported by amenities such as parks, schools and an active transportation bike lane, as well as transit.

Planner Terry Barton said the proposal was supported by city staff, especially in light of the 肠颈迟测香蕉视频直播檚 0.7 per cent vacancy rate. That rate has dropped from one per cent three years ago.

香蕉视频直播淭丑别谤别蹿辞谤别, the increase in the number of rental units will benefit the Kelowna housing 尘补谤办别迟,香蕉视频直播 said the staff report to council. 香蕉视频直播沦辫别肠颈蹿颈肠补濒濒测, this project proposes to add 75 one-bedroom units, 165 two-bedroom units, 20 one-bedroom townhouse units (and) 20 three-bedroom townhouse 耻苍颈迟蝉.香蕉视频直播

The old single family home on the 蝉颈迟别香蕉视频直播攄颈谤别肠迟濒测 across from the Central Okanagan Regional District 辞蹿蹿颈肠别香蕉视频直播攈补蝉 been demolished to make way for the new rental housing development.

The land is already zoned to allow for the development.

Council was told the developer plans to build the entire complex in one phase, meaning all the units will come onto the market at the same time, likely within the next year or two.

 





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