1746 Water Street & 311 Harvey Avenue, Kelowna, BC - Mixed Use Development Land

Mixed Use Development Land

1746 Water Street & 311 Harvey Avenue, Kelowna, BC, V1Y 6C3

Price:
$5,900,000

Property Description

The City of Kelowna would like your help to continue its drive to make Kelowna a world class city.

Over the past few years, the City of Kelowna has acquired 2 strategic sites with the goal of making the entrance to our city more beautiful. We are looking for help from the development community to enhance the curb appeal as you enter our downtown.

The past Ten years has seen a wonderful transition to our downtown, but we are just getting started. The next Ten years will see a major transition.

We are seeking expressions of interest from our development community. The goal is to find the right partner(s) to work with the City of Kelowna to improve the entrance to our city and enhance all the incredible things happening downtown.

Interested parties are encouraged to meet with HM Commercial Group and the City’s Planning Department to get a clear understanding of the desired outcome. A shortlist of proponents will be selected to advance their designs. It is important to understand, this is not a bid process, where the highest number gets the property. Strong consideration will be given for innovation in design and other civic benefits The prime goal is to enhance the entrance to our community.

  • ~1.2 AC or 52,272 SF
  • Max FAR 2.35
  • Max net saleable area 122,839.2 SF
  • Planning favours a mixed use or multi-family concept (rental or condo), or possibly a hotel
  • Property was recently remediated (Certificate of Compliance to follow in 2022)
  • Design preference should not feature a big block wall of a parkade structure
  • Supported height would be 4 to 6 storeys
  • C4 zoning provides max FAR of 2.35
  • Setback off Harvey/Hwy 97N is 4.5m unless Ministry of Transportation can be convinced otherwise
  • Riparian setbacks from Mill Creek will necessitate an Environmental DP
  • Traffic Impact Assessment (TIA) will be a requirement as part of any application
  • Utilities run under the former Water Street roadway so no buildings could be built in this area
  • All offers will be reviewed on October 31st, 2021

For an aerial video click here.

1746 Water Street, Kelowna, BC, Canada

Additional Information

Municipal Address 1746 Water Street & 311 Harvey Avenue, Kelowna, BC, V1Y 6C3
Legal Description Lot 2 Plan KAP34954 District Lot 139 Land District 41 & Lot B Plan KAP33086 District Lot 139 Land District 41 Except Plan KAP83092 EPP18326
PID 002-917-271 & 003-258-246
Location Details The subject properties are strategically positioned at the gateway to Kelowna along Harvey Avenue/Highway 97, which sees daily traffic counts in excess of 59,000 vehicles/day. The sites are walking distance to Lake Okanagan, City Park, and restaurants, shops and services in the Downtown Core.
Development Site Area ~1.2 AC or 52,272 SF
Land Area ~1.2 AC or 52,272 SF
Zoning C4, Urban Centre Commercial
Future Land Use
(OCP)
Mixed Use (Residential / Commercial)/ Park

Listing Agents

Jeff Hudson PREC - Principal / Co-Founder at HM Commercial Group

Jeff Hudson

Marshall McAnerney PREC - Principal / Co-Founder at HM Commercial Group

Marshall McAnerney

Request More Info

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.