Port Okanagan - Multi-Family Opportunities by Avillia Developments

PORT OKANAGAN This 16-acre lake-front development will be a hub of activity for those visiting Vernon and the North Okanagan area, boasting a variety of residential housing as well as retail stores and services, and a resort hotel.

Residential Parcel Opportunities

About Us Avillia Developments Ltd. is a privately owned and operated company. Avillia was incorporated in 2005, however the Principal, Patrick Shaver has been involved in private land development since 1988. Avillia has several projects in Alberta’s Edmonton region and British Columbia’s North Okanagan region. What drives us is a passion for developing functional, beautiful and diverse environments for people to live, work and relax.

Core Values & People Our core business is in the development of communities; however, we also provide consulting and advisory services to others in the development industry such as banks, municipalities and other land developers.

Excellence

Integrity

Respect

Innovation

Partnership

Delivering exceptional outcomes

Doing what is right

A shared respect between us and all others

Pushing the limits of new and creative ways and products

Succeeding together

Our expertise lays in our people and the relationships we have forged over the years. Avillia has defined and refined its land development and project management systems and processes to deliver projects in a safe, timely, and efficient manner. At Avillia, we work to develop neighbourhoods where we would want to live or work. Our Corporate Mission is to deliver family-oriented places with a sense of community

through creativity, collaboration and innovation. This mission cannot be delivered or achieved without solid partnerships. Avillia has committed to working with municipalities, home builders, multi-family developers, commercial developers, investors and other landowners to achieve and experience shared successes. We believe it is important to foster professional working relationships and we achieve this through clear communication and by using a respectful approach with everyone.

Contents

4 6 8 10 12 14 16 18

Introduction to Port Okanagan Location - Provincial Context Location - Vernon, BC Waterfront Neighbourhood Centre Plan Historical Significance Vision & Theme Development Site Plan Connectivity, Natural Spaces & Parks Commercial Highlights Resort Highlights Residential Highlights Multi-Family Parcel A Multi-Family Parcel D Multi-Family Parcel F Residential Highlights About Vernon

The plans, concepts, drawings and information presented in this document are for informational purposes and subject to change. The information is subject to errors and omissions. This is not an offering for sale and that such an offering can only be made by a Disclosure Statement.

Welcome to Port Okanagan Avillia Developments is excited to develop a unique area on the waterfront of Okanagan Lake in the city of Vernon – Port Okanagan. The Port will become a destination for those visiting Vernon, and a gathering space for those local to the region. Port Okanagan is a 16-acre mixed-use village planned with residential homes, commercial uses and a resort hotel. Condominiums, resort condominiums and rental apartments will fill a much-needed demand in Vernon for high-quality condo living immersed in amenity and convenience. Also, office space, restaurants, coffee shops, retail stores and sportrelated rental outlets will help shape the development. Further, the village will contain an upper-end resort hotel with a number of amenities and featuring a conference space. This lake-front development will be a hub of activity for those living and visiting Vernon and the North Okanagan. With direct access to Okanagan Lake and a short drive to several golf courses, wineries and Silver Star Mountain Resort, The Port is ideally located for both water and mountain recreation. The Port will provide a true work/life balance for locals and others who move here from outside the region. Sitting by the pool, enjoying a beverage along the main street, or sipping coffee while walking on the beach, this new development will be attractive for both active and passive users of all age groups.

Location - Provincial Context

North Okanagan Region The North Okanagan region is situated between the Okanagan Valley and the Shuswap, in the interior of British Columbia with most communities located on or near Highway 97A.

Regional District of North Okanagan Population

94,369 Source: Vernon Community Profile - 2019

(2021 Population Projection, Government of British Columbia)

Port Okanagan Location

Vernon, BC 6

The Port Okanagan lakefront development is situated in the historical Okanagan Landing area of Vernon at the intersection of Okanagan Landing Road and Lakeshore Road.

Vernon Waterfront Neighbourhood Centre Plan Key Features of the Waterfront Plan Include: The City of Vernon has had a vision for the Okanagan Landing Area for quite some time. In 2008, City Council approved a bylaw known as the Vernon Waterfront Neighbourhood Centre Plan that presented the vision for the area and set out what they believed would serve the community the best at the time as well as in the future. The City of Vernon has been working towards increasing the public spaces and direct lake access adjacent to Lakeshore Road. In 2019, the City completed the first phase of Lakeshore Park and Beach.

• Caters to residents and visitors through a mix of compatible land uses, that provide various opportunities for living, commerce, community services, recreation and tourism. • Is characterized by pedestrian orientated shopping streets • Maintains the quality of the water in Okanagan Lake by enhancing wetlands and Vernon Creek and preserves sensitive habitat for threatened species • Enables visitors to walk, bicycle and take transit to their destinations • Provides public access to Vernon’s lakeshore and opportunities for public interaction in a variety of locations, including park, streets, and businesses

• Is integrated with surrounding neighbourhoods.

Conceptual Drawing of Lakeshore Road from Vernon Waterfront Neighbourhood Centre Plan

The development plan for Port Okanagan aligns well with the vision identified in the Waterfront Neighbourhood Centre Plan.

Historical Significance & Indigenous History When the trains came to Vernon, the steamships came too. Okanagan Landing was home to the shipyard that constructed the SS Aberdeen - the first Canadian Pacific Railway steamship on Okanagan Lake. Launched in 1893, the SS Aberdeen anchored the success of the port at the north end of the lake. This port

Vernon is located within the traditional territory of the Syeelhwh nation - meaning, “the people who live here.”

was key to connecting the SS Aberdeen, luxury vessels, and a variety of passenger and freight boats with the train service. Further, the Okanagan Landing area was key for the movement of commercial goods throughout the Okanagan. Though this area served Okanagan Lake passengers well for decades, the last steamship, the SS Sicamous was retired from the lake in 1936. Even without passengers, Okanagan Landing continued to be a home to ship repairs up until 1960. In 1971, the Okanagan Landing and District Community Association purchased part of this land, which is now known as Paddlewheel Park. This park also houses a variety of educational, recreational, and cultural activities. Vernon is located within the traditional territory of the Syeelhwh nation. Okanagan Lake and Okanagan River were the traditional transportation routes of the people and their traditional boundaries encompassed this area. Avillia has met with the Okanagan Indian Band during the development of the Port Okanagan plan and acknowledges that we are conducting our business on the territory of sqilxw/syilx (Okanagan) peoples.

Vision & Theme of Port Okanagan Building off the foundation of both the Waterfront Neighbourhood Centre Plan and the rich history of Okanagan Landing, Port Okanagan will become a true destination and gathering place for those living in the North Okanagan and those who visit the region. While the site will be developed in a series of stages, they will form an overall vision featuring true connectivity and complementary styles and design. Okanagan Landing was once a place of gathering, trading and connecting. As such, the vision of Port Okanagan is to recreate these uses, but in a 21st Century form. Becoming a destination true to its roots, this village will become affectionately known as The Port. The design theme was inspired by history, water and wood. Natural materials, clean finishes and warm wood tones will flow throughout the development, creating a welcoming and cohesive feel. Connectivity in Port Okanagan is key for it will encourage and support visitors, homeowners, clients and customers to intermingle throughout The Port. Each resort and commercial parcel will be linked via wooden boardwalks with several locations to sit and enjoy the natural wetlands and tranquil setting.

As a true mixed-use development, The Port will feature multifamily parcels, multiple commercial nodes and a beachfront hotel resort. The design of the commercial areas will focus on people as walkable vibrant spaces put the pedestrians’ needs first. The resort hotel and conference centre will be designed for year-round use to accommodate families, couples, corporate clients and groups.

Becoming a destination true to its roots, this area will become affectionately known as The Port.

 



Lakeshore Park & Beach

   



 



PARCEL ‘D’





 





       

 



 







   



                     

  

                    

 

PARCEL ‘C’

PARCEL ‘B’

 

 



 

 

          

 

PARCEL ‘E’

PARCEL ‘F’ 

PARCEL ‘A’

  



 

 



 





  

  



 



LEGEND Multifamily Residential/Apartments Commercial

Resort Hotel/ Conference Centre

MQN

RCHITECTS

 



 



 

 

 







 





 





 



 



MASTER SITE PLAN Parkade

PORT OKANAGAN 2525 LAKESHORE DRIVE, VERNON, BC

Existing wetlands, creeks, & natural areas







Development Site Plan

Port Okanagan spans 16 acres. This mixed-use village consists of multi-family residential, commercial and resort hotel parcels intermingled amongst existing wetlands with a network of pedestrian pathways and direct access to the    Okanagan Lake shoreline.  

DRAWING:

P200

PROJECT: SCALE:

20476 As indicated

Connectivity, Natural Spaces & Parks Port Okanagan is as much about open space and nature as it is about a diversity of uses and quality buildings. This village integrates over 7-acres of retained wetlands, creeks and other existing natural features. The wetlands, beach space, mature foliage and open spaces provide a natural setting for living, shopping, entertainment and vacationing. The weave of this natural amenity provides a peaceful flow and connectivity through the parcels creating walkable spaces and contributing to an enjoyable experience. With meandering boardwalks and pathways throughout Port Okanagan, those living in or visiting will embrace the opportunity to set out and explore making the most of their time at this destination.

The weave of this natural amenity provides a peaceful flow and connectivity through the parcels creating walkable spaces and contributing to an enjoyable experience.

Commercial Highlights Commercial spaces are an integral feature of Port Okanagan. As a true mixed-use development, a vibrant commercial presence will bring much-needed shops and services to the area. A strong mix of retailers and professional services will fill demand to serve visitors and those from Vernon and the surrounding areas. Boutique and national brands are designed to operate seamlessly together in the development as there are opportunities for various types and sizes of businesses.

Retail companies that may choose Port Okanagan to offer their goods and services could include:

Offices that may choose Port Okanagan as their place of business could include:

• Sporting Goods Rental • Coffee Shop, Ice Cream Shop & Bakery • Brew Pub & Sit down restaurant • Souvenir Shop • Healthy Fast Food

• Medical • Paramedical • Dental • Lawyer

• Personal Beauty Services • Boutique Pet Store • Drycleaner & Tailor • Grocer & Pharmacy • Liquor & Wine Store / Wine tasting

• Accountant • Realtor • Elected Official • Insurance Company

Resort Highlights The resort hotel in Port Okanagan will serve as an anchor in the village. Commercial and resort spaces will work together to create the destination for locals and visitors alike. The welcoming resort will attract year-round tourism to the Vernon area. A recent hotel market study concluded that there is market demand for a waterfront resort hotel in Vernon. The resort is expected to appeal to year-round leisure, business and sport travelers. Those local to the Vernon area will enjoy the amenities that come along with the resort such as the conference space, dining and recreation opportunities, making the resort hotel an integral part of Port Okanagan.

Though the details are yet to be finalized, the plan for this 4 – 4.5 Star resort hotel is to include:

• Approximately 110 rooms and suites • Lake views and mountain views • A 400 to 500-person conference centre • Adjacent Parkade • Dine-In Restaurant • Pool & Spa • Beachfront Access

Residential Highlights

Parcel A Approximately 2.14 Acres

The three parcels dedicated to residential uses in Port Okanagan will allow for a variety of homeowners and renters to call Port Okanagan home. The parcels are suitable for condominiums, vacation condominiums or rental apartments where each site will have many units with stunning views of Lake Okanagan, surrounding mountains and wetlands. Residents will feel at home in The Port with walking access to the beach, park spaces, the resort, shops and services.

Parcel D Approximately 1.10 Acres

Parcel F Approximately 1.54 Acres





                                                                                                      

Multi-Family Parcel A

  

At approximately 2.14 acres, this is the largest of the 3 multi-family parcels in The Port. This site not only offers easy access off Okanagan Landing Road, it is flanked by natural spaces on two sides. Many units will have amazing views of Okanagan Lake and the surrounding hills.



Maximum Density

240 units per hectare, Parcel A - 206 units

Maximum Height

8 Storeys and 28.0 Metres

Maximum Site Coverage

Buildings - 65%; Impermeable surfaces - 85%

Setbacks

Front Yard 4.5 Metres Side Yards 3.0 Metres or if flanking roadway 4.5 Metres Rear Yard 3.0 Metres or if flanking roadway 4.5 Metres

    

Home Based Business, Minor



 



     

      

  

Secondary Uses



PARCEL ‘A’

             

Direct Control Apartments, Condominiums Seniors Residential Care, Seniors Housing, Seniors Assisted

                 



Approximately 2.14 Acres (0.87 Ha)

Zoning Primary Uses







 



   







M QN

ARC

HITE

CTS

MASTE

R SITE

2525 LA PORT OKANA KESHO RE DRIV GAN E, VERN

Multi-Family Parcel D Tucked away in a quiet residential area and siding a large wetland, this 1.10 acre parcel is great for condos, apartments, townhomes or a senior complex. These units will be close to commercial amenities and are adjacent to pathways, natural features and are only a short stroll to Okanagan Lake.

Approximately 1.10 Acres (0.45 Ha)  

  

 



 

 

 

 

 

 

    

PARCEL ‘D’



        

 



 



 

Direct Control Apartments, Condominiums Seniors Residential Care, Seniors Housing, Seniors Assisted Row Housing, Row Housing Stacked

Secondary Uses

Home Based Business, Minor

Maximum Density

240 units per hectare, Parcel D - 108 units

Maximum Height

8 Storeys and 28.0 Metres

Maximum Site Coverage

Buildings - 65%; Impermeable surfaces - 85%

Setbacks

Front Yard 4.5 Metres Side Yards 3.0 Metres or if flanking roadway 4.5 Metres Rear Yard 3.0 Metres or if flanking roadway 4.5 Metres

 



  

Zoning Primary Uses







16 

   

 

 









 





 



 

 



 

     

Multi-Family Parcel F

 

 



 







   

                     

Located in the centre of the village, this parcel allows for residents to enjoy views of the wetland, Lake Okanagan and the hills beyond. Conveniently located next to the commercial parcel slated for a grocery store, and with easy access on Okanagan Landing Road, developers have many options to realize its potential.

 

 

 





 

PARCEL ‘F’

Direct Control Direct Control Apartments, Condominiums Seniors Residential Care, Seniors Housing, Seniors Apartments, Condominiums Assisted Seniors Residential Care, Seniors Housing, Seniors Assisted Row Housing, Row Housing Stacked

Secondary Uses Secondary Uses

Home Based Business, Minor Home Based Business, Minor

Maximum Density Maximum Density

240 units per hectare, Parcel F - 148 units 240 units per hectare, Parcel D - 108 units

Maximum Height Maximum Height

8 Storeys and 28.0 Metres 8 Storeys and 28.0 Metres

     

Approximately 1.10 Acres (0.45 Ha) Approximately 1.54 Acres (0.62Ha) Zoning Zoning Primary Uses Primary Uses

   

MQN ARCHITECTS



  







 

 

 







MASTER SITE PLAN PORT OKANAGAN 2525 LAKESHORE DRIVE, VERNON, BC

Maximum Site Coverage Buildings - 65%; Impermeable surfaces - 85% Maximum Site Coverage Buildings - 65%, impermeable surfaces - 85% Setbacks Setbacks

         

Front Yard 4.5 Metres Front Yard 4.5 Metres Side Yards 3.0 Metres or if flanking roadway 4.5 Metres Side Yards 3.0 Metres or if flanking roadway 4.5 Metres Rear Yard 3.0 Metres or if flanking roadway 4.5 Metres Rear Yard 3.0 Metres or if flanking roadway 4.5 Metres

About Vernon Vernon is the regional hub for the Regional District of North Okanagan. The City’s population is approximately 44,000 and is expected to see steady growth moving forward. The Vernon area offers an outstanding quality of life with a pleasant climate, safe and vibrant neighbourhoods, a diversity of cultural and recreational opportunities, quality health services and access to spectacular natural environments. The community is set in the midst of rolling hills, three major lakes and open fields and grasslands surrounded by the Monashee Mountain range. Vernon also has a range of local shopping services including many large local shopping centres. The recreational opportunities in the community are exceptional, with a mix of nature-based opportunities and built amenities. Water-based activities such as swimming, boating, fishing and houseboating on the lakes are complemented by golf, hiking, backpacking, horseback riding and mountain biking in the surrounding environment including the provincial park system. Local parks are situated throughout the city and provide opportunities for children and family events. Nearby Silver Star Mountain Resort and Sovereign Lake Nordic Centre offers first-class alpine and Nordic skiing opportunities.

Port Okanagan is ideally located in Vernon as it and is close to many popular amenities: • Lakeshore Park and Beach - 3-minute walk • Marshall Fields and Soccer Centre – 9-minute walk • Paddlewheel Park - 15-minute walk • Silver Star Mountain Resort - 30-minute drive Source: Vernon Community Profile - 2019

Suite 328, 14127 - 23 Avenue, NW, Edmonton, Alberta (780) 435-1388 1-833-AVILLIA (284-5542) mail@avillia.com

avillia.com

February 2021