Regional District: Central Okanagan
With a trading area of 520,000 and infrastructure to support business, Kelowna and the Central Okanagan is the largest trading centre between greater Vancouver and Alberta. The Okanagan has a diverse economy with prime industry sectors including agriculture, tourism, retail trade, manufacturing, forestry and construction. Key growth industries for the Valley include information and high technology, film, viticulture and wine production as well as aviation and health care. With much in the way of available business resources, the Valley is an ideal destination for business start-ups, expansion and relocation. The Okanagan has become a prime destination for residential and small business relocations due to the exceptionally moderate climate, strong transportation, trained labour force and availability of diverse recreational opportunities.
The Regional District of Central Okanagan (Kelowna CMA) comprises the City of Kelowna, District of West Kelowna, District of Peachland, District of Lake Country, Central Okanagan J (census subdivision), Central Okanagan East Electoral Area (formerly Joe Rich – Ellison). The self-governed Westbank First Nation is also geographically located within the Central Okanagan Regional District. All have unique characteristics but are closely interrelated.
The Region has a well-diversified economy, with health care, education construction, agriculture and tourism being the main industries. The warm climate makes this area one of the more important agricultural centres in the province and is one of many attractions for tourists. Improved transportation links to the Lower Mainland have enhanced the Central Okanagan as a place to locate secondary and tertiary manufacturing.
The region has experienced significant growth in residential construction over the past several years. Key economic drivers in the region include the University of British Columbia, Okanagan Campus with an annual economic impact of $1 billion and YLW Kelowna International Airport with an annual economic output of $ 610 million. Kelowna General Hospital and Okanagan College are also major contributors to employment and economic impact in the region.
The Central Okanagan and the Okanagan Valley continue to undergo significant urban development. The Central Okanagan has more than 568 hectares of development-ready, industrially zoned land available to meet the growing demands of a population expected to reach 250,000 by 2032.
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NOTE: Driving distances are measured using the road/ferry network starting with a key point in a community (e.g main office address).
2203 Dartmouth Dr, Penticton, BC
Business Centre expansion - 2 x 1277sq ft units available for purchase as a strata property.@Under construction now with an expected completion date of July 2018. Great access and customer parking. Units can be combined to create up to 5600sq ft including mezzanine. Square foot price of $250, which ...
Kelowna, Kelowna, BC
The business performs safe, high quality automotive repairs, from oil changes to diagnostic services, tune-ups, fluid flushes, steering and suspension repairs, brake and muffler and more. Licensed mechanic trained on the latest automotive technology and would like to stay on. Business is fully compu...
1575 Banks Rd, Kelowna, BC, V1X 7Y8
Central Park Power Centre, with its shadow anchors of Walmart and The Home Depot, is the second largest shopping centre in the Okanagan Valley. Highway 97 provides the 450,000 people within the Okanagan trade area with convenient access to Central Park Power Centre....
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View the list of First Nations with asserted traditional territory in this area.
Learn more about Building Relationships with B.C. First Nations.
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