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Construction starts on Water Street by the Park

Thursday, April 21, 2022

Construction of Kelowna’s largest and tallest development has officially begun. At 24, 28 and 42 storeys, the three-tower, Water Street by the Park development will redefine the city’ skyline with the tallest tower in B.C.’s interior (442 ft./132.7 m) and expansive views of Okanagan Lake, as well as mountain and valley views.

“I want to congratulate Orchard Park Properties for their vision and perseverance and wish them all the best as construction begins,” said Deputy Mayor Gail Given. “Water Street by the Park is an impressive example of their commitment to this city and this community and I’m sure that, once completed, this development and the families that will call it home, will make an important contribution to Kelowna’s stature as one of Canada’s most livable cities.”

The 650-unit project is also expected to help enliven and energize the downtown area surrounding the site in the heart of downtown Kelowna. At street level, the podium of each tower will provide several levels (45,000 sq. ft.) of street-facing commercial space, which will become home to numerous boutiques, cafes, and other retailers and service providers. The influx of residents and retailers will add further momentum to the growing vibrancy and diversity of Kelowna’s downtown core.

“This truly is a landmark development for the city that we are proud to represent,” said Orchard Park Properties Co-Founders Apriano Meola. “Just a few years ago, we fell in love with this site and its incredible potential. It’s been exciting to share our vision with the home buyers that have made Water Street by the Park the fastest selling development in Kelowna history and one of the hottest real estate offerings in Canada.”

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