Penticton is about to get a whole lot more vibrant! The Penticton Innovation District, a brand new mixed-use development, is set to transform a 10-acre plot near the Penticton Regional Hospital. This exciting project is a joint effort by Stryke Group and Tien Sher Group, led by a father-son development team.
What to Expect?
- A Diverse Mix of Homes: The Innovation District will offer condos, rentals, and senior living spaces to suit your needs.
- Thriving Business Hub: Office spaces and retail outlets for businesses and residents. Plus, a hotel will offer convenient accommodation for visitors.
- Community at the Heart: Public gathering areas, walking and biking trails, and a central plaza will be the heart of the district.
Project Breakdown
- Area: 10.2 acres (plenty of space for the new community!)
- Type: Mixed-use (residential, commercial, and office spaces)
- Location: Penticton, BC (situated near the Penticton Regional Hospital)
- Number of Buildings: 12 (a variety of structures to cater to different needs)
- Unit Sizes: 310 sq ft - 1,000 sq ft (condos and apartments will range from studios to family-friendly options)
Construction Begins Soon: Construction is expected to kick off later this year, with the first wave of residents moving into their new condos by 2026.
Source: Stryke Group
