Current Project: Pleasantvale

This 50-unit seniors’ housing development was created in the mid-1950s by the Rotary Club of Kelowna, and is now operated by its wholly-owned society, the Pleasantvale Homes Society.   In June 2011, the Society transferred its ownership of the property to BC Housing with additional land being provided by the City of Kelowna to help make up the entire site.  The property transfer provides more options to undertake a long-term plan to redevelop the site. More information.

Why redevelop?
The current housing is nearly 60 years old. It makes economic sense to redevelop rather than continue to make costly repairs. Redevelopment provides the opportunity to replace the 50 affordable housing units for independent seniors and to add 20 affordable housing units for independent residents. To help pay for the construction of 70 new units, there will be other housing units available for sale or rent at market prices.

Partners
Working with the Pleasantvale Homes Society and the City of Kelowna, BC Housing is leading the redevelopment effort.  The three partners have signed a Memorandum of Understanding.

Update 
The redevelopment has many phases and is projected to take approximately five to seven years to complete. Check out the Planning and Redevelopment Principles and Estimated Project Timelines  (as of June 2013) for more information.

Residents
Residents of Pleasantvale are being given priority consideration at all stages of the redevelopment.  They are being consulted and advised about all aspects of the public involvement process.  They will also be assisted throughout the transition process.  More information on Housing Transition Principles and  Estimated Timelines.

Learn more about public involvement.