Construction boom in Penticton fuelled by housing demand | iNFOnews | Thompson-Okanagan's News Source

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Construction boom in Penticton fuelled by housing demand

The Mission Group Rental Community development on Westminster Avenue in Penticton.
Image Credit: SUBMITTED / City of Penticton
June 13, 2021 - 3:30 PM

Housing demand is high in Penticton these days, and builders are working to create new living spaces in the city.

The first half of 2021 has seen record construction values combining with a hot housing market, with building permit values totalling $95,675,345 to the end of April, more than double the same period last year.

More residential units have been created than ever, with 346 units to the end of April so far this year compared to last year’s 223.

The City of Penticton recently posted a blog listing construction projects currently taking place in the city, listing 13 projects currently underway in Penticton, beginning with the Mission Group Rental Community at 285 Westminster, under construction steps away from Okanagan Lake, and downtown amenities.

Skaha Shores is the home of 180 rental suites in two buildings, all within 100 metres of Skaha Lake.

The Skaha Shores development is within a stone's throw of Skaha Lake.
The Skaha Shores development is within a stone's throw of Skaha Lake.
Image Credit: SUBMITTED / City of Penticton

WestUrban Developments is starting construction on a 166-unit building at 3352 Hemlock Street.

WestUrban Developments is on Hemlock Street in Penticton.
WestUrban Developments is on Hemlock Street in Penticton.
Image Credit: SUBMITTED / City of Penticton

The new Avery Heights subdivision is nearing completion in the Wiltse neighbourhood, specializing in modern custom homes ranging from townhouses to middle and high-end single family residences.

The Avery Heights subdivision is nearing completion in the Wiltse area of Penticton.
The Avery Heights subdivision is nearing completion in the Wiltse area of Penticton.
Image Credit: SUBMITTED / City of Penticton

Other projects underway in the city include Chase Valley, (duplex properties on Government Street), Shoenne Homes (townhouses on Abbott Street) Panorama View Estates, Sendero Canyon, The Bluffs at Skaha, The Ridge Penticton, Skaha Hills, Riverside Penticton, and Skaha Lake Towers.

 For more details, see the city's blog here.


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