Purchase fuels YLW growth
A recently purchased, $4 million piece of property will help fuel the continued growth of the Kelowna International Airport. The City of Kelowna bought the property, at 4440/4444 Bulman Road, in support of the long-term land use strategy for YLW, however it is at the moment subject to an existing and continuing lease with the […]
Local chapter, national award
The Thompson-Okanagan chapter of Advocis won a high honour late last month, when it took home the coveted Totem Pole award at the National Chapter Leadership Conference for Advocis. Advocis, The Financial Advisors Association of Canada, is the largest voluntary professional membership association of financial advisors and planners in Canada, with more than 12,000 members organized […]
Slumber Lodge Motel sold
The Slumber Lodge Motel, located at 274 Lakeshore Dr. in Penticton, has sold for $3.55M, according to Western Investor. The 46-unit two-storey motel was built in 1960 and was assessed for $3.1M last year by BC Assessment. The motel also announced the sale in a Facebook post in June, noting all reservations are intact.
Hatchery not budging
The Summerland Fish Hatchery is reiterating its demand for more information from the developers behind a controversial 389-unit seniors development being proposed for Banks Crescent. In a letter to the District of Summerland on June 30, hatchery manager Kyle Girgan said their opposition to the project will continue until they are shown the details of the infrastructure the Lark […]
Okanagan Edge this week
Okanagan Edge This Week is our look back at everything that happened in business in the region over the last seven days. Local business news Grouse River shutting down A Kelowna store catering to hunting and outdoor enthusiasts is “closing down operations” amid minor controversy. Green Valley no longer The notorious Green Valley Motel in Vernon is […]
Drained during heat wave
Yesterday’s scorching heat didn’t just push the mercury to record-toppling heights in the Okanagan, it also caused the valley to suck up more electricity than at any other time this season. Nicole Bogdanovic of Fortis BC says July 6 marked a high point in electricity consumption in the Okanagan, as fans and air conditioners hummed into […]
Grouse River shutting down
A Kelowna store catering to hunting and outdoor enthusiasts is “closing down operations” amid minor controversy. Grouse River has been operating in Kelowna for about a decade, but in March closed the brick-and-mortar side of its business for what company representative Maciek Wronski said were renovations. The plan, according to Wronski, was for Grouse River […]
More homes at McKinley
A handful of lots are going up for sale in one of Kelowna’s growing waterfront communities. Hawthorn Crescent sits on a cul-de-sac within the McKinley Beach development, and buyers now have a chance to snap up one of ten lots up for sale in the neighbourhood. The properties feature views of Okanagan Lake and average more […]
Co-execs at IWEN
A Kelowna-based not-for-profit has taken its expansion in a unique direction, hiring a pair of executive directors to head up the organization through a “shared, collaborative co-executive director leadership model.” The Intercultural Women’s Education Network of Canada, an organization dedicated to supporting marginalized women and girls in Canada and Nepal, recently transitioned two of its […]
Golf course sues city
The Rise Golf Course and Rencor Investments are suing the City of Vernon over a big property tax bill. The notice of civil claim was filed in B.C. Supreme Court on July 5. In a statement of claim, lawyers for The Rise Golf Course (RGC) dispute an outstanding tax bill of $187,214.66 for land that […]
