Opportunity to purchase a high profile corner development site positioned at the gateway to Kelowna’s downtown on Highway 97/Harvey Avenue on a 99 year land lease. 0.534 acre (23,361 SF) high density development site. Can be offered as an annual lease or prepaid lease. Site suitable for a variety of uses including hotel, mixed-use buildings, rental apartments, condos, etc. Zoned UC1, Downtown Urban Centre. OCP indicates max base height of 26 storeys and up to 7.2 FAR with opportunity for density bonusing. High profile location at the corner of Harvey Avenue/Highway 97 and Water Street/Pandosy Street, this site offers high visibility and exposure with streets on 3 sides and a laneway backing on to the property. Property was recently remediated (numeric-based CofC; commercial only at grade). Traffic Impact Assessment (TIA) will be a requirement as part of any application.