What's Happenning in Kelowna November 2010

Real Estate Sales Representative with Sage Executive Group Real Estate

Last week at the OMREB AGM the Realtors in attendance were treated to a lively and inspirational presentation by Robert Fine the Manager of Economic Development for the Central Okanagan. Some of the opportunities and successes shared with the audience were:

  1. In the Okanagan there are 10,000 more people employed than in the 2008 stats.
  2. Tourism is up 2.3% over 2009
  3. A new resort is planned for West Kelowna with an additional 1200 slips
  4. New development planned for Peachland $1Billion investment
  5. University of British Columbia Okanagan soon to have over 7,000 students
  6. The Medical School Hospital Expansion ongoing
  7. Airport numbers up - 2nd Direct route to US soon to be announced
  8. Business Licenses are up 2%
  9. Resident construction is returning to pre 2008 levels
  10. Lumber prices re-bounding
  11. By 2010 - $21 Billion projected expenditures for infrastructure improvements
  12. ORIC /OSTIC Incubator expanding

Lots of great news for the Okanagan!


Posted by

Sharon Lancaster

Real Estate and Marketing Professional

Homes From the Heart


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Sharon...Looks like there is forward motion ....That's Great !!

Dec 03, 2010 12:24 AM #1
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Sharon Lancaster

SRES, Realty Executives Okanagan
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