1193 St. Paul Street

V1Y 2C6

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Property Description

Seize the opportunity to purchase both the property, work in place and all approved plans to build a 88 room Boutique Hotel and make your mark on Kelowna’s hospitality landscape. Elevate your vision with this meticulously planned Boutique Hotel development that combines prime location and a foundation set for success.

LOCATION: Strategically located in Downtown Kelowna on the southwest corner of Clement Ave. and St. Paul St. at the crossroads of Kelowna’s Cultural District, home to the city’s trendiest restaurants, craft breweries and urban wineries.

THE DESIGN: Rise above the ordinary with a 5-storey structure featuring a contemporary design. The fully approved hotel development includes a chic grab & go food and beverage area, two inviting guest lounges, a sophisticated meeting room on the 2nd floor, a state-of-the-art exercise facility on the 3rd floor, and a breathtaking rooftop deck offering panoramic views of the lake and mountains.

EVOLVING IMMEDIATE AREA: Downtown Kelowna is evolving like never before. Various commercial and mixed-use high-rise developments have transformed the downtown skyline. Recently completed condominium and apartment projects, including One Water Street (427 units), Ellis Parc (91 units), and Brooklyn (178 units), are all situated within a three-block radius of the hotel. Business travelers will benefit as the Innovation Centre (the Okanagan’s technology hub), The Delta Hotel by Marriott Grand Okanagan Resort and Conference Centre, the Kelowna Law Courts, Kelowna’s Community Health & Services Centre, and core financial district are within a 10 minute walk from the property. Exciting developments include the construction of UBC Okanagan’s impressive 43-storey downtown campus at the corner of St. Paul St. and Doyle Ave. This cutting-edge facility will house 8 storeys of academic space, 473 rental studios, and various commercial opportunities. Just north of the hotel, the transformation of the former 44 acre Tolko mill site envisions a blend of residential, commercial, and recreational areas

ACCESSIBILITY: The hotel’s strategic location ensures guests are within walking distance to all that Downtown Kelowna has to offer. Stroll past Prospera Place to the iconic Waterfront Park, providing breathtaking views of Okanagan Lake, visit upscale restaurants showcasing diverse cuisines, local wine and brewery tasting rooms, cultural attractions like art galleries and artisan retailers are all easily accessible. The proximity to Kelowna’s parks and charming surroundings caters to a variety of interests, while live performances and shows at the Kelowna Community Theatre add a cultural touch. This Boutique Hotel promises not just accommodation but an immersive experience in the heart of Kelowna’s dynamic downtown scene.

SOLID FOUNDATION: Benefit from the groundwork already laid, with much of the footing and foundation work completed. All permits are in place. Once transitioned to the purchaser, construction could start immediately.

This prime development opportunity offers an extraordinary chance to quickly become part of the Kelowna’s dynamic growth and vibrant culture.

Property Information

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Asset Type:

Land, Investment, Business Opportunity


UC1 / Downtown Urban Centre Zone