Summerland Solar Project attains 6 million dollar funding
Integrated Solar Project
Breaking News! Summerland has received $6,000,000 in grant funding from the Federal Gas Tax Fund in support of the municipality’s Integrated Solar project. Click here to read the full news release.
The District of Summerland wishes to become a leader in the utilization of renewable energy to create economic benefits for the community and will, through the efficient generation and use of solar energy, advance this goal.
We look forward to learning more from Mayor and Council, but meantime, CONGRATULATIONS!
Recent Economic News looking very positive in the Okanagan.
Our own Hunters Hill: 68 Single Family Lots in Summerland
Summerland Residential Solar Project $6million Announcement
New Private School to open in Summerland with 200 room dorm for International Students
Okanagan Specialty Fruits: International markets from Summerland
Area 27 Racetrack Sold Out
Economic Diversification Canada: Tech In the Okanagan on the rise
Hotel Sector on the build out with increase
Largest Canabis Facility in BC planned for the Okanagan
Recreation Opportunities in the spotlight
Kelowna Mayor Colin Basran says it best:
“Even with all the growth we’ve experienced in recent years, we remain a diverse, small-business economy that is adept at changing with the times.”
Penticton Western News gave me a call to discuss Hunters Hill last week.
Unfortunately for me, I was hiking a steep section of trail along Bitterroot Bluff and was more than a little out of breath as I tried to do that interview!
But I did sit down and answer the reporters questions. He seemed most interested in the land being preserved, which in hindsight is ironic since I remember sitting on a boulder within the preservation area as I (breathlessly) answered his questions!
See the article here:
Good news in the Okanagan as “Once again, the quarterly release of economic indicators for the Central Okanagan depict a vibrant region of innovation, growth and enviable lifestyle”.
Summerland is located between Penticton & Kelowna, close enough to both for all the big box shopping you may desire. Home Depot is nearby, and is looking to hire almost 100 people in Kelowna, Vernon and West Kelowna this spring.
Summerland is a small agricultural town with all the amenities of a thriving community, but close to both the Okanagan’s major airports, and with nearby access to the two routes to the Lower Mainland.
Okanagan home buyers have long been known to come from centers such as Calgary, Vancouver & Edmonton.
The trend has shifted considerably over the last 8 months, with a significant increase from Fraser Valley communities. Abbotsford, Cloverdale, Langley, Maple Ridge…you name it, buyers from smaller communities are looking to invest in the Okanagan. But not just ANYWHERE in the Okanagan…
Buyers from smaller communities, ie NOT cities such as Calgary, Vancouver and Edmonton, began really looking at purchasing in the smaller Okanagan communities late last year, and the trend is building as the 2018 spring market starts to get its footing.
Just look at Summerland, a small agricultural town in the heart of the Okanagan. Summerland had over 320 MLS sales in the last 12 months, but today there are fewer than 40 (only 35!) Single Family homes listed for sale in all of Summerland! That kind of absorption is no longer coming just out of Alberta! And today, a statistical glimpse into WHY: CBC news reports: “Fraser Valley House Price Increases Outpace Vancouver”.
Meanwhile, the fast dwindling supply in small town Summerland is starting to bite with sellers beginning to ask for higher list prices… and getting them!
Here’s a link to the Summerland Chamber of Economic Development for more information: http://www.summerlandchamber.com/invest-and-relocate