Public Discussions about Downtown Hotel in Kelowna
Okanagan Enthusiast about Downtown Hotel
Local Enthusiast, Feb 10, 2026
At least from what i know, In October 2025, the City of Kelowna purchased three key properties from Westcorp for $27.8 million. The city has hired Avington Financial Limited to find a major hotel brand and a new investment group to take over the project. I meant to say it will take 3-5 years from estimates for them to find a new contractor and start work ASAP as the city wants it done.
Unfortunately, I forgot to say the building height can't be over 25 stories now as per the new city’s Official Community Plan but I'm quite optimistic whoever gets it will be granted height variance. But i am still I'm expecting a total overhaul.
The Westcorp project as we knew it is dead officially which makes me a little sad as I loved the last proposal but I am also just as pleased to see what we get next as Kelowna is investing a lot for it to finally happen.
I am not sure about 3-5 years, if they don't have a developer or investors in this project?
Jack B about Downtown Hotel
Urban Legend, Feb 10, 2026
I am not sure about 3-5 years, if they don't have a developer or investors in this project?
So with the whole city acquisition on this property from westcorp as I understand this project is now effectively dead as the city tries to find the new developer.
The good news is from what I hear is the height should be around the same as the westcorp proposals and will be built within the next 3-5 years.
It was a fun 20 year run for this project. Can’t wait to see what developer picks this up and the finished design they go for.
Okanagan Enthusiast about Downtown Hotel
Local Enthusiast, Feb 08, 2026
So with the whole city acquisition on this property from westcorp as I understand this project is now effectively dead as the city tries to find the new developer.
The good news is from what I hear is the height should be around the same as the westcorp proposals and will be built within the next 3-5 years.
It was a fun 20 year run for this project. Can’t wait to see what developer picks this up and the finished design they go for.
Jack B about One Varsity and Downtown Hotel
Urban Legend, Mar 07, 2024
The last 6 months' cancellations of the projects put Kelowna back at least 2,000 units. Most of the big developers in Kelowna adjusted their plans for the projects in the works.
Kelowna's Development Scene Hits a Slowdown: Unpacking the Current Challenges
The reasons behind Kelowna's development slowdown, its impact on major projects. Learn how economic forces and strategic planning shape the city's development landscape.
Jim Kelowna about Downtown Hotel
Community Voice, Feb 11, 2024
I am wondering if this can be revived due to the ban on Airbnbs in Kelowna, as more hotel rooms would be in demand :)
Jack B about Downtown Hotel
Urban Legend, Sep 21, 2023
Project is delayed again. "We are continuing to explore all options, but with no easing in construction pricing and interest rates, the hotel project remains unfeasible", Westcorp statement.
Westcorp hotel delayed again
Yet another setback for Westcorp, the company hoping to construct a 33-storey hotel and condominium complex on the site of the former Willow Inn Hotel near Kelowna’s downtown waterfront. After ...
Jack B about Downtown Hotel
Urban Legend, Aug 13, 2023
I like this one, but it's very sad they aren't building it, received 3 approvals already, and is always postponed.