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Signifigant construction projects coming alive throughout Penticton

The city is seeing another potential boom in construction

After a couple years of slowed construction, Penticton is seeing a significant number of projects in various stages.

While the year’s construction statistics had their value of new building buoyed by the $28.6 million first phase of Sokana on Riverside Drive, there are a number of other projects coming.

The city’s director of development services, Blake Laven, presented the stats to city council on May 7 in an economic development update.

Laven noted that after the provincial government unveiled the legislation targeting short-term rentals there were worries about whether the project would go forward, as the developers had stated some of the units could be used for short-term rentals.

“It’s very encouraging to see the big crane go up and all the construction activity there,” said Laven.

That project accounted for 96 new residential units, and Laven continued by pointing to other projects that had come before council already in 2024 that added up to another 84 units.

Laven also shared a look ahead at projects that haven’t gotten to the construction stage.

Those include the five-storey M’akola Housing project on Main Street, which went through rezoning approval in 2022 to allow for the fifth storey, and the 48 unit and five-storey building proposed for the site of what once was Slack Alice’s on Front Street.

Another location that has been awaiting development for years is 372 Martin St., which was once the Super-Valu grocery store before it was demolished over a decade ago.

“[It’s] a very ambitious housing project that’s come in for development permit approval,” said Laven. “Seventy-two units of housing, significant reduction in parking, a ground floor commercial lease space and this is on the corner of Martin Street and Wade right in the heart of downtown.”

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The city’s staff is also working on a number of other projects including the the Building Our Future, which will cover policy changes and implement housing initiatives from the provincial and federal governments.

All of that construction is on top of the Health and Innovation District across from the Penticton Regional Hospital, which is expected to start seeing construction later this year.

Brennan Phillips

About the Author: Brennan Phillips

Brennan was raised in the Okanagan and is thankful every day that he gets to live and work in one of the most beautiful places in Canada.
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