It was a packed house at Laurel Packing House Wednesday afternoon for the Okanagan Real Estate Summit hosted by Epic Real Estate Solutions.
Boasting of ΑπΑ§ΙρΙηβs number two ranking for Best Small City in Canada, Epic President Shane Styles said βthe ability for people to work remotely and the importance of having a renewed focus on a more desirable lifestyle is encouraging more semi and permanent residences in the Okanagan Valley.β
In the plans for Epic is ONE Varsity - a building meant to bring community to life as a mixed-use building across from the new UBCO campus in downtown ΑπΑ§ΙρΙη.
President and Co-founder of S&P Real Estate Sid Landolt was the guest speaker at the event.
He last did business in ΑπΑ§ΙρΙη in 1996, but notes heβs eager to get back into what he believes is one of the best small cities in the world.
βThereβs dozens of markets I could have gone into, but ΑπΑ§ΙρΙη has three things that I think are core to whatβs happening right now in the city,β Landolt said. βOne is itβs becoming, itβs moving towards being something really greatβ¦ The second thing is thereβs a lot of people that are moving into the community. People create incredible communities. And then capital. Everything gets built out of capital, so when you see a lot of investment then you know this community is going somewhere.β
ONE Varsity is expected to feature outdoor terraces with a pool, indoor and outdoor dog runs, creative rooms, co-working spaces, and more.
βThe number one issue in a highrise is loneliness,β Landolt said, explaining how the building design is meant to bring neighbours together. βWe have spent a significant amount of time and energy in the design, and with all the experience from the number of properties that weβve done, to create a community where social and community interaction is fostered.β
The building is said to be pet friendly and affordable with studio, one, and two-bedroom condos.
Construction on the tower is expected to begin early 2023 with completion slated for spring 2026.
READ MORE: Former ΑπΑ§ΙρΙη news anchor tosses hat in ring for city council
READ MORE: ΑπΑ§ΙρΙη named Canadaβs second-best small city
brittany.webster@blackpress.ca
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