The developers of what are slated to become the two tallest buildings between Calgary and the Lower Mainland, say sales have been so strong for suites in the first tower at One Water Street, they are speeding up their plan to start selling suites in the second tower.
Henry Berznicki, managing partner of North American Development Group, said Tuesday during a ground-breaking ceremony for the 36-storey East Tower on the site at the corner of Water Street and Sunset Drive in downtown Kelowna, 190 suites have been sold. That, he said, is close to a sell out.
“The majority of the East Tower’s one- and two-bedroom homes sold quickly and given the excess demand generated, we are pressed to release more of these homes as planned for the West Tower,” he said. “There’s also impressive demand for sub-penthouses and penthouses in this unique urban-style, luxury high-rise development.”
The development will also feature a three-storey podium structure on top of which will be The Bench, 1.3 acres of open space featuring amenities such as a dog run, two outdoor pools, a hot tub, a pickleball court, barbecue pits and fire pits located in a landscaped setting. It will connect to a large private indoor health club.