Comprehensive Development Zone 21

Creating a prosperous, revitalized urban district

Table of Contents1. Introduction

i) Benefitsii) Necessityiii) Prerequisites

2. Overview i) Layout Proposal

ii) Construction Procedure iii) Financial Implications

3. Problems and Solutionsiv) Traffic Congestionii) Environmental Impactiii) Feedback from Kelowna Citizens

Introduction

Why CD-21 is essential.

Invigorating Kelowna’s downtown brings numerous advances to our city, including financial gain, as well as inciting a bright, welcoming ambience among our citizens and visitors. With environmental friendliness, this lively and dynamic downtown area will offer an incredible experience. While encouraging increased tourism activity, CD-21will also create a thriving business oriented centre that will generate economic activity- a financial benefit for Kelowna.

Benefits

Overhead View of Piazza and Waterfront

View of Piazza from Water

View of Boardwalk Piazza

Necessity The necessity of this project can be considered

fundamental. We need a strong, gravitational center that attracts residents, tourists, and future residents of all ages. While creating a closer, happier, and more dignified community within the constraints of downtown, as well as the city, CD-21 will bring an image of prosperity, ambition, and forward-thinking. It will reshape Kelowna’s identity, personality, and disposition in the Okanagan.

The project features revitalized structures and complexes, as well as pedestrian areas, that will foster generations of spectacular experiences and substantial economic growth.

Before construction, these requirements must be met by the city.

Prerequisites

1. High manual labour force capacity and capability

2. Financial resources to construct and demolish transportation systems

3. Approval from council, development permits, and purchasing of land.

4. Increased energy supplies, water supplies, and larger waste management system

Overview

Features :94 m. Highrise:4 74m. Highrises: 55 m. Highrise:3 42 m. Highrise:115 m. Highrise

Layout ProposalProject CD-21 blurs the line

between naturalistic physical features, such as greenery or recreational parks, and urbanized residential and commercial zoning.

Invigorated and enhanced public convention centers, (piazzas), offer increased fiscal increments for businesses.

Construction ProcedureRoads

Roads requiring demolishment

Roads requiring construction

490 m. of road required at $813,890

Construction ProcedureUrban and Park Zoning

CD-21 implements a 4-tier construction approach

1

2

4

3

Urban zoning will require demolishment of current structures and energy, water, and waste management frameworks

Renewed framework of energy, water and waste systems incorporated in construction

Economic Feasibility

Construction Procedure

The proposal will achieve financial feasibility while under construction by incorporating an accessibility-when-availability plan. When constructing developments, the real harm to your finance is how long your money is tied up during construction. This is why developments run dry on finance before finishing construction, as can be seen in Kelowna. My plan allows tenants and businesses to occupy the building as the rest of the complex is being constructed, earning income and wealth for the developer and the city while construction, ensuring the economic safety of the project.

Financial Implications

Costs Profits and Revenues

• $813,890 Road construction

• Concrete, glass, steel, machine rates, management systems, and various materials

• Labour wages• Development Permits• Utilities (water, energy)

$611,500,000 residential real estate*-Developers

$350,513,906 commercial real estate*-Developers

Property tax $3,808,880/year (avg. $2.0/sq. ft. per year)

Utility taxes

Problems and Solutions

Traffic Congestion

As a result of higher populationand population density, as well an increase in visitors of the downtown, traffic congestion and parking problems will become issues. This issue will be alleviated by implementing 8 floor parkadesin 4 locations and incorporatingunderground parking within the residences and offices

CD-21 will bring damage to the environment in the process of construction, and pollution will be expedited by the structures themselves. Although the project’s environmental footprint cannot be eliminated, it can be reduced. Expansion and introduction of parks, greenery, plants, and water features will help eradicated an atmosphere of industry and urbanization that might be caused. It will also counteract the carbon emissions.

Environmental Impact

Will the high-rise's obstruct my view of the lake?

Will Kelowna’s property taxes increase?

Will the downtown become a busier, more crowded place

Feedback from Kelowna Citizens

CD-21: Improving Our Community

Kelowna’s new downtown will bring income and wealth to Kelowna, attracting tourists and residents of all ages. CD-21 will also invite us to have new experiences with our friends and family. Its piazzas, boardwalks, and parks will draw us closer to each other as a community, bettering ourselves, and others.