EVSO in the News: Lyndi on Development

Penticton May be the Next Okanagan Hot Spot

Rob Munro

June 26, 2023 - 7:00 AM

With thousands of people pouring into the Central Okanagan each year it’s easy to forget that Penticton is becoming an increasingly desirable place to live.

“There’s been a lot of conversation over the last couple of years regarding Penticton being the next Okanagan hot spot,” Lyndi Cruickshank, founder of Engel and Völkers South Okanagan Real Estate, told iNFOnews.ca. “Just hearing how some of the developers and others are rationalizing their visioning, it certainly makes sense.”

There are massive amounts of new housing developments already approved or proposed for the city.

That includes the North Gateway area where 2,200 new homes are expected, with almost one-third of them already in the pipeline.

The 686-unit Wiltse Flats subdivision on the city’s east site promises a mix of single-family, multi-family and duplex units.

And a new proposal for up to 1,500 new homes across from Penticton Regional Hospital is going out for public feedback this summer.