Kelowna, B.C., city council has approved Water Street by the Park, a three-tower development that includes 650 homes, 4181 m2 (45,000 sf) of retail and restaurant space, and what will be the tallest tower in B.C.’s Interior, standing at 133 m (442 ft) once completed.
Located along the 1600-block of Water Street, in the heart of downtown Kelowna, Water Street by the Park’s three towers will be 24, 28, and 42 storeys with a mass timber bridge running parallel with Water Street connecting two of the towers. From its location at the eastern end of the William R. Bennett Bridge, only one block from Kelowna City Park and Hot Sands Beach, the project will offer views of Okanagan Lake, as well as mountain and valley views.
At street level, the podium of each tower will provide several levels of street-facing commercial space, which will become home to numerous boutiques, cafés, and other retailers and service providers.
Water Street by the Park’s 650 residential units will include a mix of one- and two-bedroom units as well as large three-bedroom corner units facing the lake. On the amenities side, Water Street by the Park will feature resort-style indoor-outdoor amenities featuring a year-round heated pool overlooking the marina toward Knox Mountain.
Aligning with the development’s lifestyle goals, 566 long-term bike spots will be available in addition to 727 secure parking stalls.