Kelowna could see new slate of student rental housing for 2016

The lot on the corner of Ethel and Highway 97, has been in a state of transition for the last couple of weeks...

A fresh new supply of student housing could be on the agenda for the 2016 school year, if a local developer dots his Is and crosses his Ts.

The lot on the corner of Ethel and Highway 97, has been in a state of transition for the last couple of weeks. Trees have been cleared, a fence has gone around the space and now a sign has been erected in the corner of the lot.

What is going to follow, however, was a bit of a mystery as City of Kelowna staff said they have no current plans before them.

Those will come, said Kevin Bird of Boardwalk Housing Corp, which is behind the project.

“We just brought the property, and we’re in the planning stages,” said Bird.

Plans, thus far, are to fill a citywide gap in student rental housing.

“This is a student housing project—just rental,” he said, adding they are willing to “go big” to meet the needs in the community.

“We hope to be in the ground once we have all of our city approvals by August and be ready for the 2016 school year.”

The project will be called Cambridge House, a nod to the Ivy League schools of the USA, but Bird is willing to share little else about it at this point.

“We will be having a media event right after the May long weekend,” he said, noting a show suite will be made available at that point, too.

 

Kelowna Capital News