HM Commercial Group is pleased to present a 1.541 acre development site in the heart of this West Vernon neighbourhood with an 80 unit development plan that is ready for submission.
Current zoning is P3 Private Educational which permits educational services (private), health services, participant recreation services (indoor and/or outdoor), seniors assisted housing/residential care and supportive housing). A 3.0 FAR permits a higher density than in most mainstream residential zones.
The property is located on the main transit route and within walking distance of Fulton Secondary School, Ellison Elementary School, Grocery-anchored retail centre, liquor store along with Kin Beach/Okanagan Lake
- DP level drawings in place for a 4 storey, 80 unit “amenity-rich” active 55+ rental or condo building. (1.1 FAR)
- Residential units, commercial retail and restaurant lease spaces and amenities, residential units on floors 1 – 4
- Beautiful lakeviews from the 2nd – 4th floors
- Building foundation prep done; excavated, back-filled with suitable materials, and ready for installation of foundations
- Essential services already to the front of the property. 200mm sanitary main service to site. Construction works performed by the City of Vernon.
- 50 on-site parking stalls (variance required)
- Dedicated park and trail area at the rear of the site as part of the rezoning process.
- Feasibility study conducted in 2020 by by leading industry expert, design aligned to recommendations.