A parcel of land that was proposed for a large apartment complex in Peachland is up for sale.

The property at 5481 Clements Avenue, next to Peachland Elementary School, is listed on Realtor.ca for $4,998,000. It sold in Aug. 2020 for $1.6 million according to BC Assessment.

In Feb. this year, district council approved a development permit for an 84-unit building on the site.

READ MORE: Peachland councillor still concerned over Clements apartment complex

During public question period at council香蕉视频直播檚 April 18 regular meeting Moira Goodman, who ran unsuccessfully for council in the Oct. 2022 municipal election, asked if the district has received any money for the work it has invested in the project.

香蕉视频直播淲hat we do with some files is have the developer give us a sum of money and we hire consultants as our planners to process these types of files because we don香蕉视频直播檛 have enough staff to do it,香蕉视频直播� said District CAO Joe Creron.

He added this type of scenario is always a risk and things can happen.

香蕉视频直播淧eople will maybe have a plan and maybe they do not want to develop they just want to get the zoning and flip the land. That香蕉视频直播檚 just the way things go sometimes.香蕉视频直播�

Creron noted that the existing owner is not abandoning the project.

香蕉视频直播淗e香蕉视频直播檚 found somebody that does this type of work better and they香蕉视频直播檝e got a track record of doing it.香蕉视频直播�

Creron added he is concerned that the property sold for a fairly steep price.

香蕉视频直播淚 sure hope that we can still proceed and get some rental properties in that area.香蕉视频直播�

READ MORE: Traffic safety concerns for Peachland council over housing development

gary.barnes@kelownacapnews.com
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