University District grows as major developments continue

 

The success and influence of University of BC Okanagan continues to pay dividends for the City of Kelowna. The University district is seeing tremendous real estate development with condos and apartments in construction or development. This is also supported by two major infrastructure upgrades in the area which will service University District condos and townhouses projects.

The first major upgrade has been the Hwy 97 upgrade by Emil Anderson Construction of Kelowna. This $54 million dollar project has increased the Hwy to six lanes between Edwards Road and Hwy 33. The intersection along this stretch of city roadway has been upgraded to improve traffic flow and reduce congestion. Unfortunately it does not elevate the narrow shoulder that exists on the railway overpass just before the John Hindle Drive exit for UBCO. However, the Bulman Road Pathway has connected to the new Okanagan Rail Trail which is under development and Bulman Road to allow for better access for cyclist going to UBC Okanagan.

More importantly perhaps is the connection with Glenmore Valley and Glenmore Road North at John Hindle Drive. This connects the new road that services the south entrance of the Kelowna Landfill with the Campus at Academy Way. This new connector has major significance as it links the Glenmore neighbourhood with the University District taking pressure off of the Hwy 97 entrance into the University.

Once complete the new access between Glenmore and UBCO will immediately have a bus route established providing much need public access for the 10,000 plus students attending UBCO. The completion of this new connector is planned for August of this year. Cost estimates for this new road through the UBCO endowment lands is $11.6 million for 1.8 km.

The city has also made a commitment to complete the multiuse pathway for pedestrians and cyclists with the goal to link cycle paths with the Glenmore valley system, the new Rail Trail and existing cycle corridors into the downtown and cultural distract. Ideally you will be able to cycle to UBCO along the Rail Trail or up Glenmore Valley.

What this means for UBCO and the University District is significant. By improving access into the University District new apartment, condos, townhouses and student housing will have a much improved transportation system. Access into new condos, homes and townhouses along the Academy Way neighbourhood will be improved. This help support the tremendous growth that is occurring in this area.

There are hundreds of residential units currently under construction as demand from UBCO for house only increasing. In 2017 the University only had accommodation for approximated 17% of its student body. As a result plans are underway to develop student housing and additional housing in the UBCO Endowment Lands.

The John Hindle Drive completion is a major factor for the Universities expansion as it creates essential access into these Endowment Lands. This of course will be built out over time in a similar fashion to the main UBC campus in Vancouver. There the Endowment Lands house new classroom and research facilities but also large multiunit condo developments which help fund the university’s growth as a whole.

For a list of new University District Condos for sale please review development directory and stay connected with our real estate Sales & Marketing updates.

 

Current Projects include U-Six and U-Five from the Mission Group