Urbana at Central Green is the final phase of homes and construction on new City Park starts in 2018
KELOWNA B.C. Kelowna City Council approved the development permit for Urbana at Central Green today. Mission Group is launching the third and final phase of condominiums at Central Green. A collection of 55 new homes, Urbana is located in Central Green. What was previously an open lot at the corner of Richter Street and Harvey Avenue, owned by the City is now transforming into a sustainable community featuring heritage-inspired architecture, urban living and an expansive five-acre park.
It’s proved popular as more than 160 homes have been sold in less than two years since Mission Group broke ground on Central Green One in 2016. Upon full buildout, Mission Group will have completed 225 new homes at Central Green in the heart of Kelowna.
During December’s City of Kelowna budget deliberations, Council allocated another $1.35m towards the construction of Phase 2 of Rowcliffe Park. The total park value is estimated just over $3M. Over 40 per cent of Central Green’s land area is reserved for Kelowna’s largest urban park which is being developed by the City of Kelowna. Construction on the park will start in spring 2018.
Photo caption: Rendering of Central Green Park views from Urbana
Photo credit: Mission Group
The park will feature a perimeter walking circuit, a children’s playground, a fenced off-leash dog park, community gardens, a stage for performing arts and a field area for informal games of soccer, Frisbee, volleyball and football and picnics.
“This is an exciting moment for us, for many years the site lay bare,” says Randy Shier, president of Mission Group. “In partnership with Al Stober Construction, we had a vision to turn an empty lot into the new hub of Kelowna. Now with Urbana coming to fruition, we are seeing the vision become reality.”
Sales in the Central Okanagan continue to rise, according to the Okanagan Mainland Real Estate Board: Condominium sales in 2017 increased by 6% compared to 2016. As of December 2017, the Central Okanagan has had 2,196 condominium sales compared to the 2,066 sales in 2016.
As sales go up, so do property values. Strata properties including condominiums are expected to go up in value by 16 per cent in Kelowna according to B.C. Assessment.
Located downtown, Central Green makes the most of open space with good connections within the neighbourhood and surrounding areas for pedestrians, cyclists and vehicles essential for residents to capitalize on its location as the new hub of Kelowna.
“I love living downtown, everything is walkable which is so nice,” says Laurie Baird, a resident at Central Green. “I got this beautiful loft home with tons of windows, high ceilings and a great view over the park. I know my neighbour that bought the loft home beside me and I met a girl from the local bank who bought a home also so I think it’s going to be a really neat community.”
Homes at Urbana range from studios to three bedrooms and are priced between the high 100’s and mid 500’s. 50 per cent of the homes in the boutique building have stunning unobstructed views of the future park and lower level homes which boast of expansive patios, ideal for summer entertaining.
Photo caption: Rendering of an Urbana patio
Photo credit: Mission Group
Each owner can personalize their own interior by picking from a wide range of kitchen and bathrooms finishes. Lastly Urbana homes will feature a laundry centre, a custom feature designed to enhance each home. Laundry centres will feature handy countertops with space beneath for a washer and dryer, along with hanging rods and shelves for extra storage and convenience.
Rooted in tradition, Urbana is a legacy for the future. Across from the iconic Central School, the heritage style architecture pays homage to its unique location. The timeless exteriors and modern interiors make for a perfect combination of classic and contemporary. All 55 homes will feature updated kitchens, 9’ ceilings and thoughtfully designed floor plans.
The Urbana Discovery Centre and Display Home at 1800 Richter Street in Kelowna will be open for private appointments starting January 27, 2018. Those interested in learning more can register at centralgreen.ca. To set up a private appointment at the Discovery Centre email email@example.com or call 778.581.5800.
For more information on Mission Group’s Urbana development, visit www.centralgreen.ca
About Mission Group www.missiongroup.ca
Headquartered in Kelowna, Mission Group specializes in residential and commercial real estate development and construction. Each Mission Group community is given careful thought and consideration long before construction begins. Their goal to create and nurture homeowner relationships, as well as their modern and well-built designs has earned them numerous industry awards over the years. These include the Canadian Home Builders’ Association Tommie Gold Awards for Excellence in Creating a Low-Rise Multi-Family Development (2016), Excellence in Semi-Detached or Town-Home Development (2016), Built Green B.C. Builder/Renovator of the Year for Winsome Hill in 2012 and Multi-Family Builder of the Year (2014).