Denciti Proposal

The material submitted by Denciti is available in it's gory. The capitalists seek a zoning category change to I-2 'General Industrial'. The I-2 'General Industrial' zone in Kelowna is designated for a variety of industrial uses, such as manufacturing, warehousing, and distribution. Here. By all indicators the industrial market in Kelowna is in a free fall. According to Colliers, leasing conditions have shifted, giving tenants more leverage as vacancies rise and landlords offer more incentives.

Development in Kelowna has stalled, with several projects paused or cancelled, signaling a poor construction outlook into 2026. There is currently little to no demand for the Kelowna Springs project. Here.