Penticton is about to get a whole lot more vibrant! The Penticton Innovation District, a brand new mixed-use development, is set to transform a 10-acre plot near the Penticton Regional Hospital. This exciting project is a joint effort by Stryke Group and Tien Sher Group, led by a father-son development team.
What to Expect?
- A Diverse Mix of Homes: The Innovation District will offer condos, rentals, and senior living spaces to suit your needs.
- Thriving Business Hub: Office spaces and retail outlets for businesses and residents. Plus, a hotel will offer convenient accommodation for visitors.
- Community at the Heart: Public gathering areas, walking and biking trails, and a central plaza will be the heart of the district.
Project Breakdown
- Area: 10.2 acres (plenty of space for the new community!)
- Type: Mixed-use (residential, commercial, and office spaces)
- Location: Penticton, BC (situated near the Penticton Regional Hospital)
- Number of Buildings: 12 (a variety of structures to cater to different needs)
- Unit Sizes: 310 sq ft - 1,000 sq ft (condos and apartments will range from studios to family-friendly options)
Construction Begins Soon: Construction is expected to kick off later this year, with the first wave of residents moving into their new condos by 2026.
Source: Stryke Group
Disclaimer:
The content of this article is for informational purposes only and should not be considered as financial, legal, or professional advice. Coldwell Banker Horizon Realty makes no representations as to the accuracy, completeness, or suitability of the information provided. Readers are encouraged to consult with qualified professionals regarding their specific real estate, financial, and legal circumstances. The views expressed in this article may not necessarily reflect the views of Coldwell Banker Horizon Realty or its agents. Real estate market conditions and government policies may change, and readers should verify the latest updates with appropriate professionals.
The content of this article is for informational purposes only and should not be considered as financial, legal, or professional advice. Coldwell Banker Horizon Realty makes no representations as to the accuracy, completeness, or suitability of the information provided. Readers are encouraged to consult with qualified professionals regarding their specific real estate, financial, and legal circumstances. The views expressed in this article may not necessarily reflect the views of Coldwell Banker Horizon Realty or its agents. Real estate market conditions and government policies may change, and readers should verify the latest updates with appropriate professionals.
