The first phase of the Parkview Valley development in Kelowna was officially opened on July 9.
The project, by Centurion Property Associates and Ironclad Developments, is the first of five planned buildings on Benvoulin Court, eventually bringing more than 400 much-needed homes to the city.
The ribbon-cutting included representatives from the two development companies, the City of Kelowna, and the provincial and federal governments.
Stephen Marshall, executive vice president of Property Operations at Centurion, said the company is proud to continue expanding in Kelowna.
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He added that the location was chosen for its accessibility to transit, jobs, shopping, and recreation.
Ironclad Developments香蕉视频直播� Chief Financial Officer, Ahileas Tsekouras, said the project is the company香蕉视频直播檚 largest to date.
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Residents will also have access to an amenities building that includes a fitness centre, theatre, sports simulator, pet spa, kids playroom, games room, rooftop patio with BBQs, and a lounge with a kitchen.
Kelowna City Councillor Luke Stack said the city offered a 10-year tax break on the building, part of an incentive program to boost vital rental development.
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The 10-year tax break applies to the new construction and not the land the buildings sit.
Once the Parkview Valley project and neighbouring developments are complete, the Benvoulin Court cul-de-sac is expected to have 1,100 homes.
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香蕉视频直播淧eople can very easily live in this building, work in this community, and also recreate in this area.香蕉视频直播�
Kelowna MP Stephen Fuhr also attended the event, though he noted the federal government wasn't directly involved in the project.
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