The property is located across from the Penticton Trade and Convention Centre and the South Okanagan Events Centre.
Three years ago, city council supported changing the official community plan designation for multiple properties along Westminster Avenue West — collectively known as the El Rancho property — to urban residential.“The property has been in front of council several times over the past few years, but the proposal today remains similar to what was approved by council in 2022,” said Blake Laven, the city’s director of development services.
The property is located across from the Penticton Trade and Convention Centre, and the South Okanagan Events Centre, and the city is inviting public feedback. The proposal is for a mix-used development featuring 300-plus units that would offer a combination of short- and long-term residencies.“But with the changes with the short-term rental rules that the province brought in last year, the property owner and the redeveloper have looked at a different model on how to deliver that.
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