Kelowna - Pleasantvale 2 – Affordable Rental Housing

Illustrative rendering of town-homes

Renderings are an approximation of what we intend to construct and are subject to change.

BC Housing is proposing to develop Pleasantvale 2 on the vacant lot owned by BC Housing next to Pleasantvale 1 (with frontage on Central Avenue, Kingsway Avenue and Cambridge Avenue). The updated proposal is to build 75 new rental homes for people with low to moderate incomes. This would include 27 townhomes for families and individuals and 48 apartments for seniors. No supportive housing would be built on this site.

This rendering is an approximation of what we intend to construct and is subject to change.

Community Engagement

BC Housing and Society of Hope hosted an online information session on Thursday, September 23, 2021 to provide information about the updated proposal for Pleasantvale 2, answer questions and collect feedback. We thank everyone for their participation. You can view the presentation slides in the Documents section.

BC Housing also hosted an online information forum on Tuesday, August 25, 2020 to provide more information about the proposal, answer questions and collect community feedback. Please view the video recording of the event below.

Project Details

Kelowna has a shortage of affordable housing. In 2018, the City of Kelowna created the Healthy Housing Strategy which set out the priorities for the City to address housing affordability, including the need to develop new, affordable rental units. This project would help move us toward that goal.

BC Housing and Society of Hope (the operators of Pleasantvale 1), have submitted a rezoning application and a development permit application to the City of Kelowna. The applications include five (5) variance requests that are outlined in the Fact Sheet in the Document Library section.

This updated proposal incorporates input the neighbourhood provided with the development of Pleasantvale 1 and last year’s proposal for Pleasantvale 2.

Pleasantvale 2 has been designed to fit with the character of Pleasantvale 1 and the surrounding neighbourhood. The updated application also includes the single-family lot located at 651 Cambridge, relocation of the apartment building and retention of two heritage trees.

The Frequently Asked Questions in the Document Library section provides additional information.

Renderings are an approximation of what we intend to construct and are subject to change.

BC Housing is proposing to develop Pleasantvale 2 on the vacant lot owned by BC Housing next to Pleasantvale 1 (with frontage on Central Avenue, Kingsway Avenue and Cambridge Avenue). The updated proposal is to build 75 new rental homes for people with low to moderate incomes. This would include 27 townhomes for families and individuals and 48 apartments for seniors. No supportive housing would be built on this site.

This rendering is an approximation of what we intend to construct and is subject to change.

Community Engagement

BC Housing and Society of Hope hosted an online information session on Thursday, September 23, 2021 to provide information about the updated proposal for Pleasantvale 2, answer questions and collect feedback. We thank everyone for their participation. You can view the presentation slides in the Documents section.

BC Housing also hosted an online information forum on Tuesday, August 25, 2020 to provide more information about the proposal, answer questions and collect community feedback. Please view the video recording of the event below.

Project Details

Kelowna has a shortage of affordable housing. In 2018, the City of Kelowna created the Healthy Housing Strategy which set out the priorities for the City to address housing affordability, including the need to develop new, affordable rental units. This project would help move us toward that goal.

BC Housing and Society of Hope (the operators of Pleasantvale 1), have submitted a rezoning application and a development permit application to the City of Kelowna. The applications include five (5) variance requests that are outlined in the Fact Sheet in the Document Library section.

This updated proposal incorporates input the neighbourhood provided with the development of Pleasantvale 1 and last year’s proposal for Pleasantvale 2.

Pleasantvale 2 has been designed to fit with the character of Pleasantvale 1 and the surrounding neighbourhood. The updated application also includes the single-family lot located at 651 Cambridge, relocation of the apartment building and retention of two heritage trees.

The Frequently Asked Questions in the Document Library section provides additional information.

CLOSED: This discussion has concluded.

If you have further questions or comments, please email communityrelations@bchousing.org.

  • Why is this property being considered? There are numerous properties closer to amenities and downtown. Will property values be affected by the development? What is the definition of low to moderate income? If the trees on the location are not salvageable will tree removal be made available to residents who have dead or nuisance trees requiring removal?

    Kevin asked about 1 year ago

    Kelowna has a shortage of affordable rental housing.  In 2018, the City of Kelowna created the Healthy Housing Strategy, which set out the priorities for the City to address the deficit in affordable housing by developing new, affordable rental units. This project would help move us toward that goal. The property is central to services and transit and is zoned for the intended use. 

    Research completed in 2019 of 13 B.C. non-market housing sites showed that property values immediately surrounding 10 sites either kept pace or surpassed surrounding municipal trends. Property values for the other three sites were not notably different compared to municipal trends.

    Affordable rental housing is housing with rents equal to, or lower than, average rates in the private market. Our partners use Canada Mortgage and Housing Corporation data to set rates. They may also use information from local communities to set a limit for a specific location. You can find more information and the research on this topic at https://www.bchousing.org/research-centre/library/community-acceptance/property-values-case-study-series

    The existing trees cannot be retained through the redevelopment process; however, the landscape design incorporates two new trees to replace each older tree that must be removed to soften the feel of the community and reduce heat gain. Tree removal will be conducted by a qualified contractor, prior to construction and in accordance with City of Kelowna bylaws.

Page last updated: 13 October 2021, 12:08