Prospera Towers
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Prospera Towers was a proposed high-rise condo development by GSL Group. This project consists of 3 towers, with heights ranging from 13 to 26 storeys, located at 1241 Water St, Kelowna, BC. Prospera Towers would have a total of 457 units.
This project was cancelled by the developer. Check out other cancelled projects in Kelowna that never materialized.
Public discussion
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Jim Kelowna
Feb 27, 2024
Application officially withdrawn now, due to no support from the city staff, KelownaNow reports. The city expects a new proposal will be submitted for a different project for the site, but no estimated date has been provided by GSL.
So as of right now, the project is cancelled, unfortunately. Waiting for the new submission.
https://www.kelownanow.com/watercooler/news/new...
Jim Kelowna
Feb 22, 2024
I don't think they "own" the land, as they rent it until 2029 with the arena, so I am confused too on what is next. As staff already pushing for another operator for the arena after 2029.
Was posted today on Castanet, that the city is against the proposal due to public parking concerns, I am watching closely :)
I didn’t realize GSL owned all the land! It definitely will be interesting. With the arena being outdated I wonder if a different developer will try to propose a new modern arena as plans for the old mill site come to fruition.
Kelowna planning staff come out against 26 storeys on Prospera Place site - Kelowna News
City of Kelowna planning staff have come down against a proposal by GSL Group, operators of Prospera Place, for a three tower development on the front facing parking lot of the arena with building hei
Pejamu
Feb 19, 2024
I didn’t realize GSL owned all the land! It definitely will be interesting. With the arena being outdated I wonder if a different developer will try to propose a new modern arena as plans for the old mill site come to fruition.
Jim Kelowna
Jan 26, 2024
I am wondering how it's all going to unfold. The city is looking for a new operator for Prospera Place, as the leasing contract expires in 2029. GSL Group is not ready to give up. The future of the Prospera Place and the towers is unclear.
UPDATE: City of Kelowna will find new operator for Prospera Place
(UPDATE: Jan. 25 @ 2:10 pm) - GSL Group doesn't seem ready to give up on Prospera Place. In a statement provided to KelownaNow, GSL
News
Proposed Prospera Place High-Rises Withdrawn Amid Concerns
GSL Group withdrew their application for three high-rises at Prospera Place's parking lot amid city staff concerns over non-compliance with zoning and lack of public parking provisions, planning a revised proposal.
Feb 26, 2024
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