NEW USE and ZONING change to UC5 for this Colossal Development Opportunity! With PHASE 1 in the OKANAGAN COLLEGE TOA (Transit Oriented Area), PHASES 2 and 3 on a TRANSIT SUPPORTIVE CORRIDOR, this LAND ASSEMBLY offers a total potential of 4.331 acres or 188,658.36 sq ft of land! Each phase is now UC5, allowing 6 storey mixed use. The total Assembly has a combined FAR of 380,017.44 sellable sq ft and up to 474,346.62 sellable sq ft with bonuses up to .5 FAR added. TOTAL LIST PRICE $37,694,225 PLS NOTE: 2890 Gordon Dr is in PHASE 2 and there is the option to purchase PHASE 2 only, up to 1.507 acres or 65,644.92 sq ft. At 1.8 FAR, there is a potential 118,160.86 sellable sq ft and up to 150,983.32 sellable sq ft with bonuses up to .5 FAR added. TOTAL LIST PRICE $12,897,725 Easy walk to buses, college and high schools, beaches, restaurants, shopping, the hospital and more! Flat site, easy to build, with exceptional exposure on Gordon Dr and excellent access off Bouvette St and Lowe Ct. Buyers to do own due diligence on intended use, both municipally and provincially. Some lots not listed. (id:43014)
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This area is all about location, location, location! Close to shopping, medical services and halfway between downtown and Orchard Park Mall, Springfield/Spall has an excellent walk score and there are many public transportation routes in the area. This is a mature neighbourhood with some redevelopment happening in the area now as some parts are becoming higher density. Kelowna’s technology hub is situated here and there is an energetic and vibrant vibe here.
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