Kelowna Construction - Page 246

Pejamu · #**4901** Posted **Nov 8, 2024, 3:49 PM**

Quote:

Originally Posted by JayMi

Only one more tower is in stream at the moment for downtown and it is the 40 storey rental tower adjacent to UBCO. That one is 117m tall.

Have the towers at Waterscapes and the one on Coronation been put on hold?

JayMi · #**4902** Posted **Nov 9, 2024, 2:43 AM**

Quote:

Originally Posted by Pejamu

Have the towers at Waterscapes and the one on Coronation been put on hold?

Waterscapes has an approved Development Permit. That one was only going to move forward with the right conditions. Interest rates have been dropping so we’ll have to see if they can get enough pre sales to get going.

There is only the one tower proposed on Coronation at the moment. The rezoning (for rental only) went to council recently but the Development Permit hasn’t gone to council yet. We’ll have to see if that one actually moves forward.

kev_427 · #**4903** Posted **Nov 11, 2024, 7:15 PM**

City of Kelowna is considering BRT on Richter St with possible upgrade to LRT in the future.

https://getinvolved.kelowna.ca/richter-corridor

DKaz · #**4904** Posted **Nov 12, 2024, 9:03 PM**

I voted for centre BRT as curbside BRT is only asking for Richter to become Harvey Ave. The biggest issue is that a lot of the corridor is 19m wide, which is the same width as 83 St in Edmonton that has centre running LRT, two lanes designed to 50 km/h, and then 2m wide sidewalks on either side. No parking. It doesn't seem like Richter is super utilized for street parking anyway.

kanuck94 · #**4905** Posted **Nov 19, 2024, 9:12 PM**

New update for 350 Doyle.

https://www.castanet.net/news/Kelowna/51...nas-former-RCMP-detachment-site-are-back

KelownaResident · #**4906** Posted **Nov 26, 2024, 1:29 AM**

Looks good. Aesthetically pleasing from the pedestrian's POV.

giallo · #**4907** Posted **Nov 26, 2024, 1:39 AM**

Agreed. It's a completely serviceable tower.

Metro-One · #**4908** Posted **Nov 26, 2024, 1:44 AM**

What did the previous rendition look like?

Edit: Never mind, my memory started jogging and it came back to me.

A good improvement both in scale and design.

Repthe250 · #**4909** Posted **Nov 27, 2024, 4:38 AM**

Even though it’s another black spandrel with white painted concrete copy and paste, this one I kind of don’t hate.

giallo · #**4910** Posted **Nov 28, 2024, 4:11 PM**

Kelowna council approves 40-storey rental-only building
Nov 26, 2024 by Cheyanna Lorraine

Kelowna city council has approved development permits for a 40-storey tower on St. Paul Street, just north of the construction site for the downtown UBCO campus and tower.

The permits were approved with a 6-3 vote with councillors Hodge, Cannan and Lovegrove opposed.

The mixed-use rental-only building will have 384 units including 68 micro-suites, 141 one-bedrooms and 175 two-bedrooms.

Full article here:

https://www.kelownanow.com/watercooler/n..._approves_40_storey_rental_only_building

Bcasey25raptor · #**4911** Posted **Nov 28, 2024, 9:21 PM**

Quote:

Originally Posted by giallo

Kelowna council approves 40-storey rental-only building
Nov 26, 2024 by Cheyanna Lorraine

Kelowna city council has approved development permits for a 40-storey tower on St. Paul Street, just north of the construction site for the downtown UBCO campus and tower.

The permits were approved with a 6-3 vote with councillors Hodge, Cannan and Lovegrove opposed.

The mixed-use rental-only building will have 384 units including 68 micro-suites, 141 one-bedrooms and 175 two-bedrooms.

Full article here:

https://www.kelownanow.com/watercooler/n..._approves_40_storey_rental_only_building

Kelowna with 3 buildings 40 floors and up is incredible.

Wonder when this will start construction

VantageHD · #**4912** Posted **Nov 29, 2024, 4:10 AM**

That St. Paul street tower looks great.

Metro-One · #**4913** Posted **Nov 29, 2024, 5:48 AM**

Fantastic! If the two proposals on this page move forward the will even further solidify downtown Kelowna as a proper city core.

It's a good looking tower too!

Pejamu · #**4914** Posted **Nov 29, 2024, 7:12 PM**

Quote:

Originally Posted by Bcasey25raptor

Wonder when this will start construction

Probably not too long after the crews are done at Aqua. Mission Group is also building that rental tower on Bertram which I'm sure they will breeze through as by now they should be good at building basic buildings with floor plates that are basically just identical squares lol. I like the look of this building though, i'm excited to see this and UBC race to the top!

On another note, what do y'all think the chances of the third Water St by the park tower being built are?

RHINO · #**4915** Posted **Nov 29, 2024, 10:05 PM**

Every time I view this thread I want to relocate to Kelowna more and more.

Bcasey25raptor · #**4916** Posted **Nov 29, 2024, 10:35 PM**

Quote:

Originally Posted by Pejamu

On another note, what do y'all think the chances of the third Water St by the park tower being built are?

Very high I'd assume? I always thought the waterstreet by the park was a 3 tower project that was being built in phases, so I assume they start the 3rd tower once the first 2 are completed

Pejamu · #**4917** Posted **Nov 30, 2024, 1:59 AM**

Quote:

Originally Posted by Bcasey25raptor

Very high I'd assume? I always thought the waterstreet by the park was a 3 tower project that was being built in phases, so I assume they start the 3rd tower once the first 2 are completed

I hope so but they don’t seem to be in a hurry. Phase 1 towers are topped out and they haven’t announced anything about sales for Phase 2. The original application said the third tower was a hotel but now all their website says tower 3 will follow. I hope it gets built, I think that bridge over Leon will look really neat.

Bcasey25raptor · #**4918** Posted **Dec 10, 2024, 3:30 PM**

From Troy on Twitter

https://x.com/troyryder/status/1866242015547248826?s=46

KelownaResident · #**4919** Posted **Dec 10, 2024, 11:26 PM**

This is honestly AMAZING. I love this council more every day. Highrises need to be done right. 👏

https://www.kelownanow.com/watercooler/n...licies_surrounding_micro_suites_podiums/

Jreeb · #**4920** Posted **Dec 13, 2024, 5:06 PM**

Quote:

Originally Posted by KelownaResident

This is honestly AMAZING. I love this council more every day. Highrises need to be done right. 👏

https://www.kelownanow.com/watercooler/n...licies_surrounding_micro_suites_podiums/

I never knew that DCCs didn't apply to micro suites! I always thought the reason they were popular was to maximize the $rent per sf. I think they will need to be careful with how they approach this though. If DCCs were to apply to micro suites then many developments may not pencil anymore. Ideally DCCs overall are reduced.

I was reading a report that came out in November that claims in Ontario the Government makes almost 4 times more than a developer on a new home and the tax burden on new housing is about 36% of the purchase price. For affordable housing, the tax/fee burden could increase to 45% of a purchase price. I'm not sure what this looks like in BC, but I am sure it is a similar story. Link to report.