5533-6305 Airport Way, Kelowna, BC - Expressions of Interest for long-term  land lease to build hotel and parkade

Expressions of Interest for long-term land lease to build hotel and parkade

5533-6305 Airport Way, Kelowna, BC, V1V 1S1

Price:
$9,995,000

Property Description

Kelowna International Airport (YLW) is seeking expressions of interest from experienced hotel developers for the first onsite hotel to be constructed at the Kelowna International Airport campus. There are two site options immediately adjacent to the terminal building with the opportunity to connect to the future terminal expansion via a pedway. The desired site is in the current rental ready parking lot, creating a need for the replacement and supplement of parking on the airport site.  YLW requires the developer to provide a parkade structure or an alternate proposed solution to create at least 1000 parking stalls for airport customers.

  • Development is part of overall non-aeronautical commercial development
  • Adjacent to new terminal expansion
  • 3.5 or 4 star hotel minimum
  • 100 to 200 guest rooms
  • Conference & meeting room opportunities
  • Ground floor food & beverage (possible third party)
  • Restaurant or entertainment opportunity (possible third party)
  • Potential rooftop amenity or venue
  • Parking partnership (P3 or Usage Agreement)
  • On-airport destination amenities for air travelers and local/regional use
  • Other destination type amenities to suit travel and regional community use

Hotel Site

  • Hotel site is 3.9 Acres approximately (subject to confirmation)
  • Main levels parkade podium with the potential of drive up lobby and restaurant
  • New highway commercial development on site
  • Easy access from Highway 97
  • Direct access to rail trail and terminal building

5533 Airport Way, Kelowna, BC, Canada

Additional Information

Municipal Address 5533-6305 Airport Way, Kelowna, BC, V1V 1S1
Legal Description A portion of Lot 3 Plan KAP11796 District Lot 32&120 Section 14 Township 23 Land District 41 KELOWNA AIRPORT (EXCLUDING LEASED PORTIONS)
Location Details Kelowna International Airport is located 10 minutes northeast of Downtown Kelowna. Kelowna International Airport is British Columbia’s second gateway airport, connecting you to the entire Okanagan Valley, a four-season destination and is the 10th busiest airport in Canada.
Development Site Area 3.9 acres or 169,884 SF
Land Area 3.9 acres or 169,884 SF
Zoning CD12, Airport
Lease Term Potential for 82 year land lease. Please contact listing agent to discuss details.
Marshall McAnerney PREC - Principal / Co-Founder at HM Commercial Group

Listing Agent

Marshall McAnerney

If you would like more information about this listing or to request a viewing, please fill out the form below. You can also reach us at 250.712.3130 or by email info@hmcommercial.com.