KELOWNA, British Columbia–(Enterprise WIRE)–Mar 15, 2021–

Okanagan builder, Mission Group, is thrilled to partner with Nicola Prosperity Authentic Estate to create the closing phases of Bernard Block, a master prepared city village that will assistance renovate downtown Kelowna.

Rendering of The Block at Bernard Block (Photograph: Business enterprise Wire)

The multifaceted local community will reshape Kelowna’s skyline, spark growth and foster a sense of link and local community among its residents and professional tenants, earning it a new downtown hub for residing, purchasing and socializing.

The final phases will be comprised of a Course A business office tower known as The Block, and a 34-storey household condominium tower referred to as Bertram, that includes a blend of unit styles and iconic facilities like a rooftop pool overlooking Okanagan Lake.

Two-bedrooms commencing from the $500,000s and now in excess of 75% sold, Bertram incorporates beautiful, legendary architecture and will offer seamless connection to Kelowna’s boutiques, urban wineries, unbiased espresso retailers, area eateries, craft breweries and farmer’s market.

The Block workplace tower completes the urban village and will play a main function in developing downtown Kelowna as the Okanagan’s industrial centre. The 16-storey creating features about 100,000 sq. ft. of quality business office space for lease atop four amounts of parking plus an further 16,000 sq. ft. of avenue-amount dining and retail.

“Mission Group is thrilled to welcome Nicola Wealth Serious Estate’s partnership at Bernard Block,” reported Mission Team CEO Jon Friesen. “This vote of confidence by Nicola Prosperity Authentic Estate demonstrates our shared optimism and self esteem in Kelowna, a person of Canada’s fastest developing towns. Bernard Block will incorporate gorgeous, iconic structures and homes to the neighbourhood, when driving foot website traffic to the principal floor retailers and companies alongside Bernard Avenue. The Block provides a person-of-a-variety workplace place with bordering city facilities, whilst also giving unrivalled sights of Okanagan Lake from every single place of work ground.”

“We are thrilled to be participating in a important function in the advancement of Bernard Block as an expense companion,” claimed Mark Hannah, Managing Director of Nicola Wealth Authentic Estate. “Our crew has an current presence in Kelowna, and we realize that the beautiful new households and task areas at this city village are vital to Kelowna’s continued progress. Bernard Block represents the excellent urban Okanagan lifestyle and will aid to shift the professional centre of gravity to downtown Kelowna.”

Pre-leasing for The Block is at the moment underway with companies from the Okanagan, the Decreased Mainland, Alberta and nationwide displaying fascination. In addition to the 100,000 sq. ft. of Class A place of work area for lease, The Block functions road-level eating and retail space, and an special tenant rooftop patio. Smart engineering services, secure bicycle storage, changing amenities, showers, and lockers present great benefit for the creating. The Block will be a puppy-friendly constructing that has been thoughtfully built with health and fitness and wellness in brain.

Building of Bernard Block is using spot now.

Considering that 2004, Mission Team, the Okanagan’s leading neighborhood builder, has been contributing to the evolution of Kelowna’s urban landscape. With its ‘Build It Forward’ philosophy, Mission Group focuses on setting up worth so that the group it serves prospers. For far more information and facts, pay a visit to: www.missiongroup.ca.

Nicola Prosperity True Estate (NWRE) is the in-house genuine estate team of Nicola Prosperity, a premier Canadian financial setting up and investment agency with $9.2 billion (CAD) of belongings beneath management. NWRE has an skilled and revolutionary group that sources and asset-manages a increasing portfolio of attributes in key marketplaces throughout North America spanning a diversified variety of asset classes which include business office, retail, industrial, multi-family members household, self-storage, and seniors housing. With the acquisition of Blackwood Companions, the present serious estate portfolio now exceeds $6 billion gross asset worth.

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PUB: 03/15/2021 10:00 AM/DISC: 03/15/2021 10:01 AM

Copyright Company Wire 2021.