Kelowna High-Rise Construction Update 2025
Posted by Gillian Krol Personal Real Estate Corporation on
Sky’s the Limit: Kelowna High-Rise Growth
Downtown Kelowna is growing up—literally. As of 2025, three major high-rise developments are reshaping the city’s skyline, and they’re bringing more than just glass and height. They’re adding housing, amenities, and long-term implications for property value, rental demand, and lifestyle downtown.
Water Street by the Park – 3 Towers | Tallest: 42 Storeys | Completion: 2026
Just steps from City Park and Okanagan Lake, Water Street by the Park is a three-tower development with 650 condo units. Tower One is sold out, and Tower Two (Eli) has limited inventory remaining, starting at $669,999. Completion is expected in 2026.
Amenities span over 42,000 sq. ft., including a year-round pool, lakeview gym,…
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