The Innovation District is a new master planned community in Penticton.
Located on a 10.2 acre site, in a key area across from one of the region's largest employers, the Penticton Regional Hospital. The Innovation District will include 1500 new homes ( rental and market condos) as well as 100,000 sq ft of retail, office and commercial space, including state of the art, Class A office space geared towards medical professionals. There are also plans for hotels and a senior living facility. There will also be some commercial strata opportunities. This pedestrian friendly community will also feature a public plaza.
This new community is well placed between both Okanagan and Skaha Lakes
Real estate investors have strong price appreciation potential especially if you buy early in this 7 phase project.
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PROJECT DETAILS:
Address: 1704 Government Street, Penticton, BC
Developer: Tien Sher and Stryke Group
Building Type: 12 buildings ranging from six-storeys to 12-storeys, using both woodframe construction and mass timber (CLT) construction. Nikola(1st residential building) will offer 127 homes over 6 floors.
Amenities: Rooftop amenity space boasting BBQs, outdoor dining, infrared sauna, firepit and lounge seating. Fitness centre with yoda studio; Co-working space including private pods; Bicycle-sharing system and bike wash and repair room; Dog wash station.
Unit Type: Range of units including Studios, Junior One bedrooms, One Bed, One bed + den, Junior 2 bedroom, Two bedroom, Two bed + den, and Three bedrooms.
Features: AC throughout all homes; quartz countertops + porcelain backsplashes; Samsung appliances including slide-in stove with air fryer & WiFi connectivity; Keyless entry system with virtual concierge services.
Deposit Structure: 10% total deposit for the 1st building Nikola
Estimated Completion Date: Late 2027
Status: Booking previews now!
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Lynn Le Drew - Personal Real Estate Corporation - OAKWYN REALTY LTD at 604-346-6801 or EMAIL
Colin Gatward - Personal Real Estate Corporation - OAKWYN REALTY LTD at 778-228-3622 or EMAIL
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Information on this webpage is from a variety of sources which may include the developer's website, advertisements, sales centre, MLS or other sources and is not guaranteed and is subject to change. Contact us for the most current information.
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Innovation District Plaza rendering
View NW across Government Street
Innovation District
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nikola-hero
nikola_nexus-plaza
nikola-rooftop-cam
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nikola_nexus-front
innovation-district-aerial
nikola-amenity-coworking
nikola-amenity-gym
nikola-ensuite
id-nikola-model-with-office-building-in-background
id-nikola-model-closeup
id-nikola-plaza
id-nikola-building-model
id-nikola-rooftop-amenity-closeup
id-nikola-model-with-rooftop-amenity
id-commercial-building
id-office-strata-building
id-office-building-model
Innovation District Plaza rendering
View NW across Government Street
Innovation District
innovation-district-site-plan
Here is a brief summary of some amenities close to this listing (1704 Government Street, Penticton), such as schools, parks & recreation centres and public transit.
This 3rd party neighbourhood widget is powered by HoodQ, and the accuracy is not guaranteed. Nearby amenities are subject to changes and closures. Buyer to verify all details.