City to hold open house on downtown Kelowna parkade plan

The city wants to borrow $15 million to build a new parkade beside Memorial Arena and expand the existing Library parkade.

The City of Kelowna will host an open house where residents can learn more about the proposal for an expansion of the Library parkade downtown and the construction of a new parkade on the Memorial Arena property, between the arena and the Kelowna Heritage Museum.

The open house will be held on Wednesday, Oct. 3, from 4 p.m. to 7 p.m. in the council chambers at City Hall. Residents will have the opportunity to view information panels and discuss the project with city staff.

The city and Interior Health are working together to move a number of Interior Health’s community services and programs onto Doyle Avenue. The project encourages the development of the downtown area with higher density land use and upgrades for parking.

Bringing nearly 1,000 jobs into the area will also stimulate business, public transit and housing, say city officials.

The parkades will accommodate the development and provide more weekend and evening parking for the public.

The city has initiated an alternative approval process to ask elector approval for a borrowing bylaw of approximately $15 million for the parkades. The process puts the onus on opponents to gather signatures from 10 per cent of total number of voters in the city to force a vote on the borrowing. The signatures have to be gathered in 60 days and clock is ticking. The alternative approval process closes Oct. 26.

The city says the borrowing will be offset by project revenues so there is no expected impact on City of Kelowna taxes.

For more information about this the project, the parkades and the alternative approval process, go to kelowna.ca/cityprojects.

 

Kelowna Capital News