The Ki-Low-Na Friendship Society is one step closer to building a significant new affordable housing development in Kelowna.
Kelowna city council gave its approval this week for the rezoning a plot of land beside Black Mountain Elementary School, where the society plans to build the new units.
Rezoning the property at 1759 Highway 33 isn’t the final step for the project but if it clears the remaining hurdles it will eventually see 14 townhomes and a 35-unit apartment building built there. They will be managed by the society and rented out as affordable housing.
Ki-Low-Na says the townhomes would all contain three or four bedrooms and two-car garages, while the apartment building would house a mix of one- and two-bedroom units (with surface parking).
With the city’s rental vacancy rate sitting below 1 per cent and rental prices an ongoing concern the society’s project would offer some relief to renters.
In a report to council, city staff pointed out the project’s larger units represent “family housing stock,” which is “currently in low supply in Kelowna.”
The society also has tentative plans to eventually add a childhood education centre to the property.
Right now, a single home sits on the property and the land is zoned for a mix of uses including educational and parkland.
The rezoning plan council approved this week saw most of the property zoned to allow multiple residences but left the southern portion of the property (which is bisected by Gopher Creek) a protected area.
Before any building begins, however, the project will be sent to a public hearing and will have to receive council’s final approval.
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