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With future uncertain, Kelowna Springs Golf Course sold

Intended redevelopment of site supports city香蕉视频直播檚 growth strategy outlined 2040 Official Community Plan
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Just days before city council is set to discuss the future land use of Kelowna Springs Golf Course, the company that bought the property is making a case for its redevelopment.

Vancouver-based Denciti Group released an emailed statement Feb. 24 saying it has acquired the golf course.

香蕉视频直播淭he intended redevelopment of the site supports the city香蕉视频直播檚 growth strategy outlined in the unanimously approved 2040 Official Community Plan (OCP).香蕉视频直播

香蕉视频直播淚t will address a severe shortage of industrial land and the growing need for business and employment space in the Central Okanagan region.香蕉视频直播

Council is set to consider the future land designation of the property at its Feb. 27 meeting.

READ MORE: City council to tee up future of Kelowna Springs Golf course

Denciti says redevelopment of the property will create an estimated 1,040 new job opportunities and approximately $1.17 million in annual tax revenue for the city. As the new owners, Denciti has been in discussions with city staff and council regarding the future of the property.

香蕉视频直播淲e are working alongside stakeholders to find a collaborative solution for the future of this property,香蕉视频直播 says Garry Fawley. 香蕉视频直播淲e are ready to roll up our sleeves and work together to get this right for the people of Kelowna. We want to create a win-win situation for the entire community.香蕉视频直播

In January 2022, council approved the 2040 OCP which designated the golf course as potential future industrial use. In August a motion to reverse that decision was voted down by council.

READ MORE: 香蕉视频直播楽ave it or pave it香蕉视频直播: Councillor chimes in on future of Kelowna Springs golf course

At that time, Denciti placed the property under contract for purchase, which was completed in the fall.

According to the email statement, a third-party environmental assessment has been completed to ensure that any type of development would not negatively impact the property or wildlife in the area.

香蕉视频直播淭he assessment confirmed 480 Penno Road site is not a wetland and the wetland boundary is entirely outside of the development area, said Fawley. 香蕉视频直播淓nvironmental considerations will be a key driver in planning.香蕉视频直播

Denciti is considering a number of options which may include keeping a portion of the property for recreational use. The golf course will stay operational until the end of the 2023 season.

Denciti has several commercial and residential projects in the Central Okanagan and recently sold property that it owned at Reid香蕉视频直播檚 Corner.

READ MORE: Lots at Reid香蕉视频直播檚 Corner in Kelowna sell for record amount



gary.barnes@kelownacapnews.com

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About the Author: Gary Barnes

Journalist and broadcaster for three decades.
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