Council considering eight storey building in downtown Penticton
Pictured is an artist's rendering of an eight storey mixed use development proposal on Penticton's Backstreet Boulevard going before council today, May 2, 2017.
Image Credit: SUBMITTED/City of Penticton
May 02, 2017 - 1:30 PM
PENTICTON - A project coming before Penticton city council today could result in the first mid-rise construction in the city’s downtown core.
A development permit for an eight storey building on Backstreet Boulevard goes before council today, May 2. The site is currently a parking lot.
The project would see a strata, multi-family project built, consisting of three storeys of commercial space and five storeys of residential space for a total of 32 units, according to a staff report.
The first three levels will be built of concrete and steel with the residential portion constructed of pre-fab units made locally and craned into place.
The project is expected to support housing affordability in Penticton and help the city meet its strategic priority goal of creating a livable and affordable community. It’s also expected the project will help revitalize the downtown core.
The report says the development will make a significant contribution to the city’s future tax base through additional residential and commercial taxes.
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