Large 1-acre parcel in Kelowna’s Core Area with Prime Zoning for Business and Industrial uses. Positioned within Kelowna’s rapidly developing North End, this exceptional 0.976-acre development opportunity offers a rare chance to secure a high-profile site in one of the city’s most dynamic urban districts. Currently zoned I1 for a diverse range of business and industrial use, it is located within the North End Neighbourhood Plan. The property presents outstanding potential in an area undergoing the Kelowna’s most rapid and significant revitalization. The existing I1 zoning permits buildings up to 16.0 meters in height with a 2.4 FAR, translating to approximately 102,036 square feet of potential building area. The property is further designated as Mixed Employment District (MED) within Kelowna’s OCP, supporting employment-intensive uses including manufacturing, service commercial, retail, light industrial, professional offices, specialty retail, breweries, restaurants, health and wellness services, childcare facilities, and complementary multi-unit residential integrated above grade-level commercial spaces in mixed-use forms. The area planning framework supports low-rise to potential mid-rise development, creating flexibility for a visionary project aligned with the North End’s continued transformation. Surrounded by breweries, creative enterprises, emerging residential density, and urban amenities, the property benefits from exceptional connectivity to Downtown Kelowna, walkable access to restaurants and services, and proximity to future infrastructure enhancements envisioned within the North End Plan, including expanded waterfront pathways, enhanced parks, and improved pedestrian connections throughout the district. This is a strategic and increasingly scarce redevelopment opportunity within one of Kelowna’s most sought-after urban growth corridors. (id:43014)
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Looking for a convenient place to call home, close to the action, the beach, great restaurants, shopping and more? Downtown Kelowna is the place for you. Kelowna North consists of Kelowna’s downtown. This is a great neighbourhood for those looking to live amongst the hustle and bustle of Kelowna. The area hosts some of Kelowna’s best restaurants and some fantastic shopping. City Centre Park offers some fantastic beaches and green spaces and is a frequent host to Kelowna’s many festivals and events. Kelowna North is a popular neighbourhood and has something for everyone. Much of Kelowna’s nightlife is concentrated in the downtown area, including pubs, movie theatres, live theatres, and much more. Kelowna North is also home to the Cultural District. The Cultural District is home to museums, art galleries, theatres and much more. You’ll find many older homes as well as newer condos, including the Madison, one of Kelowna’s most sought after condos. One of the most desirable features of this neighbourhood is walkability. Great locally owned shops and restaurants are just a short stroll away. Kelowna North is continuing to grow and is a great place for investors.
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