Kelowna- A Community on the Radar Andrew Bruce Manager of - PowerPoint PPT Presentation

“Kelowna- A Community on the Radar” Andrew Bruce Manager of Development Services

Kelowna: The Past Founded in 1905 Pop.600

Trends Influencing Housing Demand • Affordability • Demographics • Lifestyle Preferences

Population: Growth 109,000 2005 estimate) 100,000 89,445 90,000 96235 75,950 80,000 70,000 61,215 Population 60,000 46,455 50,000 male 42,990 39,540 36,410 female 40,000 31,855 29,360 Kelowna 30,000 20,000 10,000 - 2001 1986 1991 1996 Year City of Kelowna

Growth is Kelowna will grow from inevitable 109,000 people today. in the short term: People are moving to Kelowna from the Lower Mainland Alberta and Greater Toronto To 160,000 by the year 2020 An additional 25,000 units

Regional Population Projections 2005 162 634 The diverse economy, 2010 177 945 scenic setting and pleasant 195 795 climate make 2015 this area one 213 319 of the most 2020 popular locations to 230 307 2025 move to in the province. 249 809 2030

Regional Age Distribtion 27,700 25,400 13,000 7400 0-4 5-17 18-24 25-44 45-64 65+

MAJOR EMPLOYERS Kelowna Flightcraft 760 Interior Savings Credit Union 209 Tolko Forest Products 529 Rona Revy Incorporated 205 Pacific Sun Enterprises 500 Real Canadian Superstore Sun-Rype 450 200 Marusa Teleperformance 450 Manteo Resort 200 Save-On Foods 407 SITEL Kelowna 200 Gorman Brothers 356 Campion Marine 165 Walmart 300 Coast Capri 165 The Grand Okanagan Resort Northside Industries 161 285 Kelowna Daily Courier 150 Costco Wholesale 225 Sysco HRI 150 Pacific Safety Products 140

Kelowna: Building Permits Single Detached Dwellings 33 Year History SDD-Building Permits Linear (SDD-Building Permits) 1000 900 871 866 800 791 760746 744 716 714 700 691 Building Permits Interest Rates Drop 600 595 Connector Complete 558 526548 500 494 481 458 451 438430 400 396 387 387 376 360 347 346 331 300 296 287 273 239 200 183 167 100 80 Interest Rates Peak Amalgamation 0 80 481 871 714 595 347 387 526 548 331 167 273 183 239 296 438 430 744 691 791 866 494 451 346 387 458 396 360 287 376 558 716 760 746 Year

Kelowna: Building Permits 33 Year History 1972-2005 SDD-Building Permits SDD-Building Permit Value Linear (SDD-Building Permit Value) Linear (SDD-Building Permits) 1000 $200,000,000.00 900 800 $150,000,000.00 700 Building Permits 600 $100,000,000.00 Value 500 400 $50,000,000.00 300 200 $0.00 100 0 -$50,000,000.00 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 7 7 7 7 7 7 7 7 8 8 8 8 8 8 8 8 8 8 9 9 9 9 9 9 9 9 9 9 0 0 0 0 0 0 9 9 9 9 9 0 0 0 0 0 0 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 Year

Kelowna: Building Permits RESIDENTIAL DEVELOPMENT Mobile Home 3200 3000 Multiple Housing 2800 2600 2400 Single Detached 2200 2000 1800 U n i ts 1600 1400 1200 1000 800 600 400 200 0 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

Regional Housing Starts 2000 2001 2002 2003 2004 2005

HOUSING - MEDIAN PRICE (new) $349,900 2004 $385,000 2005 $279,250 $265,400 $260,000 2003 2002 2001

Average Price by Major Centre 2005 1995 Market 1995 2005 % Increase Montreal $104,902 $194,963 85.9 Calgary $134,834 $245,049 81,7 5. Halifax $103,279 $183,110 77.3 Saskatoon $ 79,331 $139,763 76.2 4. 5. Kelowna $143,721 $253,019 76.1 Edmonton $108,209 $185,437 71.4 4. Ottawa $144,071 $244,565 69.8 2. 2. Victoria $212,386 $352,825 66.1 PEI $ 62,766 $100,713 60.5 Toronto $205,905 $330,093 60.3 3. 3. St. John’s $ 85,725 $137,365 60.2 Winnipeg $ 82,336 $128,123 55.6 Regina $ 75,249 $116,815 55.2 London-St. Thomas $129,886 $174,878 34.6 Saint John $ 86,744 $114,773 32.3 1. 1. Vancouver $332,003 $395,390 19.1

Kelowna’s Evolving Challenge Our challenge is to accommodate increased population while providing a livable Community

Constraints •Steep Slopes •Agricultural Land Reserve •Nimby

Kelowna Official Community Plan � Concentrate growth in four Town Centres. � Encourage pedestrian oriented development � Develop in harmony with natural environment � Preserve agricultural land

Concentrating Growth in Town Centre Discovery MANHATTAN DR MANHATTAN DR MANHATTAN DR MANHATTAN DR MANHATTAN DR GUY ST GUY ST GUY ST GUY ST GUY ST ELLIS ST ELLIS ST ELLIS ST ELLIS ST ELLIS ST RECREATION AVE RECREATION AVE RECREATION AVE RECREATION AVE RECREATION AVE Bay/Pte. SUNSET DR SUNSET DR SUNSET DR SUNSET DR SUNSET DR ELLIS ST ELLIS ST ELLIS ST ELLIS ST ELLIS ST 370 units INDUSTRIAL AVE INDUSTRIAL AVE INDUSTRIAL AVE INDUSTRIAL AVE INDUSTRIAL AVE Canada Lands ELLIS ST ELLIS ST ELLIS ST ELLIS ST ELLIS ST GASTON AVE GASTON AVE GASTON AVE GASTON AVE GASTON AVE 900 units ELLIS ST ELLIS ST ELLIS ST ELLIS ST ELLIS ST T T T T T S S S S S L L L L L U U U U U A A A A A P P P P P T T T T T S S S S S CLEMENT AVE CLEMENT AVE CLEMENT AVE CLEMENT AVE CLEMENT AVE C C C C C L L L L L E E E E M M M M E E E E N N N N T T T T A A V E E M E N T A A A V V V V E E E E T T T T T S S S S S L L L L L U U U U U T T T T A T A A A A S S S S P S P P P P S S S S S T T T T T I I I I S S S S L L L L I L S L L L L R R R R R D D D D D D D D D D R R R R R H Springfield/Hwy97 H H H H N N N N N T T T T T O O O O R O R R R R UNDERHILL ST R R R R R O O O O O UNDERHILL ST UNDERHILL ST UNDERHILL ST UNDERHILL ST A A A A A W W W W W B B B B B L L L L L I I I I I D D D D D N R R R R D D D D D B B B B A A A A R R R R O N R D R O O O O O N N N N R B A R O O O O N N N N R R R R D D D D B B B B A A A A A R R R R BARON RD BARON RD BARON RD BARON RD BARON RD B D D D D D R R R R R S S S S S E D D D D D E E E E N N N N I I I I N L L I L L L Y W W W W Y Y Y Y W A A A A A O O O O H O H H H H VALIANT RD VALIANT RD VALIANT RD VALIANT RD VALIANT RD R R R R R T T T T T H H H H H DURNIN RD DURNIN RD DURNIN RD DURNIN RD DURNIN RD D D D D D R R R R R SPRINGFIELD RD SPRINGFIELD RD SPRINGFIELD RD SPRINGFIELD RD SPRINGFIELD RD HAYNES RD HAYNES RD HAYNES RD HAYNES RD HAYNES RD SPRINGFIELD RD SPRINGFIELD RD SPRINGFIELD RD SPRINGFIELD RD SPRINGFIELD RD SPRINGFIELD RD SPRINGFIELD RD SPRINGFIELD RD SPRINGFIELD RD SPRINGFIELD RD Major Multifamily Residential

The The Grand Okanagan Grand Okanagan Block Block The Waterfront The Waterfront The The The The Civic Civic The Centre Block The Centre Block North North Block Block Block Block East Ellis Street East Ellis Street Cultural District Design Charette Cultural District Design Charette

Kelowna’s Evolving Downtown

Concentrating Growth in Town Centre South Pandosy Rutland

Building complete communities in the suburbs? Major Suburban Residential Glenmore Highlands Black Mtn./Kirschner 2200 units 1778 SW Mission #1(Kettle Valley)- 1450 #2(South Ridge) - 1200 #3-1200

What will have the most impact on the future of Kelowna? � International airport status 1,078,800 passengers � 11th busiest airport in traveled through � The Bridge? Canada Kelowna International � Waterfront � Daily flights to Seattle, Airport in 2005, a 21% Development? Vancouver, and Calgary increase over 2004. � Major Investment � HAWAII in our Medical � Kelowna Flightcraft Infrastructure? � BCIT Partnership � Kelowna International Airport?

UBC OKANAGAN � 7500 seats by 2009 Annual economic impact: � 900 new seats in $300 million September 2005 � 1000 new residence spaces � New research funding/expanded R&D programs � World class degree/ Post-grad programs

Kelowna’s Evolving Challenges: Short Term •Managing Growth •Affordability •Liveability •Sustainability •Social Issues •Transportation

Kelowna’s Evolving Challenges: Longer Term •Governance •Air Quality •Watershed Management •De-population

What is the City of Kelowna planning for the Future? To be the model of sustainability for North America.