Many long time Kelowna residents are familiar with the SOPA Square Development, the large concrete shell that has dominated South Pandosy Village for what seems like ages.
Well now, it looks as though the push is on once again to move the development forward.
Mark West is President of Epic Real Estate Solutions, the company behind the marketing of SOPA Square and he says the commercial part is garnering more interest and so is the residential.
“Most of the interest, interestingly enough, is at the very high end; we currently have multiple agreements in play on the penthouses, the product that I thought would be the hardest to sell is actually generating the most interest right now,” says West.
According to West, much of the interest is coming from Alberta.
The goal right now is to secure the commercial aspect of the development and then they will focus on the residential part, which will be done in three phases.
West says once they reach their financing targets on the residential portions then they can move forward, hopefully sometime in the spring.