The residential area near Kelowna’s Capri Mall could be in for a major redevelopment.
Rezoning and OCP amendment bylaws, which if approved would allow high-density high rises east of the mall on Chandler Street and Belaire Avenue, were considered by Kelowna city council on Monday, Dec. 7 and forwarded to a future public hearing. Currently, as with all other properties in the area, the lots are zoned for two dwelling housing.
The owners of the land are looking to build a six-storey building with 94 residential units, with a mix of micro suites, one-, two- and three-bedroom units. A development permit application is expected to go to council if the rezoning is approved. The three lots would also need to be consolidated before shovels could hit the ground.
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However, the project is a sign of the city’s larger plan for the area.
Dozens of properties are posted for sale in the area, with listings stating the potential for high-density developments. Several are listed together in bulk.
The Capri-Landmark Urban Centre Plan shows the city’s intentions for the area, planning for as many as 8,000 new residents to the area, intensifying current residential neighbourhoods and preventing under-development to ensure density targets are achieved.
The area is to be book-ended by a massive, but currently on-hold, development where Capri Mall currently sits and the Landmark towers.
Do you have something to add to this story, or something else we should report on? Email: michael.rodriguez@kelownacapnews.com
@michaelrdrguez
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