Speculators excited over new development

Speculators excited over new development

Postby Mrmarvingardens » Jan 21st, 2021, 12:35 pm

A 6 storey 94 suite apartment project east of Capri mall is before Kelowna council.
To attract investors, the building will contain micro suites of less than 210 square feet.
Housing studies have determined that micro suites do little to provide necessary housing but are attractive to investors and are cheap to build, and of course our deep thinking city council thinks they help the housing situation.
Kelowna is well positioned with micro suites, the largest being the Worman remand centre (mini suites)...5 stories of all look a likes near Dilworth Crescent off Springfield Road.
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