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The City of Kelowna has made a significant purchase of waterfront property.
The property, located at 4214 Hobson Rd., adds more parkland to the waterfront beside the city-owned property where the Central Okanagan Small Boat Association operators.
"The City is always looking to improve public access to waterfront property along Okanagan Lake, and this acquisition is in a really important location," said Mayor Colin Basran.
"As Kelowna continues to be an attractive place for citizens to live and a popular tourist destination, it is increasingly important to protect valuable waterfront property for parks and public access."
It’s a $4.4 million purchase, funded by the City’s Development Cost Charge program for parkland acquisition.
The 0.89 hectare property adds to the City’s waterfront network between the recently acquired Bluebird Park to the north and Sarson’s Beach to the south.
“Staff anticipate removal of the residence and site clearing in Spring of 2019, with the objective of making the property accessible to the public as soon as reasonably achievable,” said Johannes Säufferer, Real Estate Services Manager.
“Staff will also work with the Central Okanagan Small Boat Association to ensure that the overall site is developed and used in way that maximizes the public’s access to much sought-after waterfront services and amenities.”
The purchase and sale agreement was completed as of June 1, but the owner will remain on-site as a tenant of the city until Nov. 30.
Public access is currently restricted for the privacy of the existing occupants.