Great news for those looking to live in West Kelowna's Upper Glenrosa neighbourhood! A long-awaited development project is finally moving forward.
Long-Awaited Development Gets Green Light
This week, West Kelowna City Council approved the rezoning of nearly 30 acres of land on Glenrosa Road and Salmon Road. This paves the way for the construction of over 100 new homes, including both single-family dwellings (92 units) and multi-family units (26 units).
The project has been in the works since 2018, but was placed on hold to meet specific requirements set by the city. These requirements included securing improvements to Glenrosa Road and Salmon Road, establishing new parkland, and creating trail connections within the property.
Overcoming Hurdles for a Better Community
To achieve this, the developer received two one-year extensions on the rezoning application. The approved rezoning amendments are fully aligned with West Kelowna's Official Community Plan, ensuring the development integrates seamlessly with the neighbourhood's vision.
Here's a breakdown of what this means for the project's progress:
- Road Improvements: Registration of covenants and statutory rights-of-way to facilitate road improvements on Glenrosa Road and Salmon Road.
- Expanded Green Space: Designation of land for new parkland and trail connections within the development.
- Enhancing Stonegate Park: Contribution of $35,000 by the developer towards the enhancement of nearby Stonegate Park.
What This Means for You
This project is expected to bring a significant influx of new residents to Upper Glenrosa, potentially increasing demand for housing in the area. If you're interested in learning more about future real estate opportunities in Upper Glenrosa, contact a Coldwell Banker Horizon Realty expert today! We can provide valuable insights and guidance throughout your home buying journey.
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.
