10123 106 Street | 24m | 7s | Westrich Pacific | Arc Studio

What do you think of this project?

  • I dislike it

    Votes: 0 0.0%
  • I dislike it a lot

    Votes: 0 0.0%

  • Total voters
    31
It's a phasable project so they could choose to go bit by bit and not tie up too much capital or go hard all at once. The fact that there could be higher and quicker returns means they can get more outside capital. My only worry is that Kelowna is on year 7 of its boom cycle and while there's no reason to believe Kelowna has anywhere to go but up, they're certainly not immune to recessions. 2008-14 were hard years.

I think it's been determined that this tower was not a high priority for Westrich Pacific regardless. No mention of this unnamed tower on their website, even The Hudson seems to be in limbo.
 
Speaking of parking notice anything?
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The equipment has been removed and access blocked. Other than that I know nothing.

This might have more to do with their permit expiring to keep it a parking lot, which was part of the rezoning approval. I don't think we'll see anything happen here until their projects in Garneau and on 112 st & 100 avenue completed
 
Rezoning was referred back to administration (rather than be rejected at City Council) as we (DECL) opposed 10 year of non-accessory parking. There hasn't been a revised application yet.

The previous owner of the property was denied non-accessory parking permit at SDAB and thus why they sold it to Westrich for development.
 
This could be an awesome tower fronting the new Warehouse Park! Please make it happen Westrich 😭
 

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