Construction boom in Penticton fuelled by housing demand

Housing demand is high in Penticton these days, and builders are working to create new living spaces in the city.

The first half of 2021 has seen record construction values combining with a hot housing market, with building permit values totalling $95,675,345 to the end of April, more than double the same period last year.

More residential units have been created than ever, with 346 units to the end of April so far this year compared to last year’s 223.

The City of Penticton recently posted a blog listing construction projects currently taking place in the city, listing 13 projects currently underway in Penticton, beginning with the Mission Group Rental Community at 285 Westminster, under construction steps away from Okanagan Lake, and downtown amenities.

Skaha Shores is the home of 180 rental suites in two buildings, all within 100 metres of Skaha Lake.

The Skaha Shores development is within a stone’s throw of Skaha Lake. | Credit: SUBMITTED / City of Penticton

WestUrban Developments is starting construction on a 166-unit building at 3352 Hemlock Street.

WestUrban Developments is on Hemlock Street in Penticton. | Credit: SUBMITTED / City of Penticton

The new Avery Heights subdivision is nearing completion in the Wiltse neighbourhood, specializing in modern custom homes ranging from townhouses to middle and high-end single family residences.

The Avery Heights subdivision is nearing completion in the Wiltse area of Penticton. | Credit: SUBMITTED / City of Penticton

Other projects underway in the city include Chase Valley, (duplex properties on Government Street), Shoenne Homes (townhouses on Abbott Street) Panorama View Estates, Sendero Canyon, The Bluffs at Skaha, The Ridge Penticton, Skaha Hills, Riverside Penticton, and Skaha Lake Towers.

 For more details, see the city's blog here.


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Steve Arstad

I have been looking for news in the South Okanagan - SImilkameen for 20 years, having turned a part time lifelong interest into a full time profession. After five years publishing a local newsletter, several years working as a correspondent / stringer for several local newspapers and seven years as editor of a Similkameen weekly newspaper, I joined iNFOnews.ca in 2014. My goal in the news industry has always been to deliver accurate and interesting articles about local people and places. My interest in the profession is life long - from my earliest memories of grade school, I have enjoyed writing.
As an airborne geophysical surveyor I travelled extensively around the globe, conducting helicopter borne mineral surveys.
I also spent several years at an Okanagan Falls based lumber mill, producing glued-wood laminated products.
As a member of the Kaleden community, I have been involved in the Kaleden Volunteer Fire Department for 22 years, and also serve as a trustee on the Kaleden Irrigation District board.
I am currently married to my wife Judy, of 26 years. We are empty-nesters who enjoy living in Kaleden with our Welsh Terrier, Angus, and cat, Tibbs.
Our two daughters, Meagan and Hayley, reside in Richmond and Victoria, respectively.

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