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E N T E R P R I S E Kelowna is ready for a new kind of industrial strata space. Are you? ENTERPRISE

Kelowna E - Industrial, Commercial, Investment Real Estate · Owning real estate has always been a good business strategy, but rising prices and shrinking availability have limited

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Page 1: Kelowna E - Industrial, Commercial, Investment Real Estate · Owning real estate has always been a good business strategy, but rising prices and shrinking availability have limited

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Kelowna is ready for a new kind of industrial strata space.

Are you?

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Page 2: Kelowna E - Industrial, Commercial, Investment Real Estate · Owning real estate has always been a good business strategy, but rising prices and shrinking availability have limited

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The IntraUrban phenomenon has re-imagined the concept of light industrial space. Now, it’s coming to Kelowna.

Owning real estate has always been a good business strategy, but rising prices and shrinking availability have limited that opportunity for small and medium-sized BC businesses.

Then, in 2016, the game changed.

Developer PC Urban Properties Corp. re-imagined the industrial strata landscape with the launch of IntraUrban Business Park in Vancouver – Affordable, purpose-built commercial space that sold out in months.

Now, the IntraUrban success story is launching outside the Lower Mainland for the very first time.

Introducing IntraUrban Enterprise. Your chance to own brand new, class ‘A’ light industrial small-bay strata, centrally located in one of Canada’s fastest growing cities.

It’s an opportunity custom built for business success.

Page 3: Kelowna E - Industrial, Commercial, Investment Real Estate · Owning real estate has always been a good business strategy, but rising prices and shrinking availability have limited

1625 Dilworth Dr, Kelowna, BC

E NT E R P R I S E

This lakeside jewel in the heart of BC is quickly being discovered by the world, and strata-titled light industrial space is becoming more and more rare. Yet right here in central Kelowna, IntraUrban Enterprise offers you a prime location, close to everything business needs:

• Easy access to Highway 97

• Direct access to Enterprise Way

and Dilworth Drive

• Central to Okanagan destinations, from

Vernon to Penticton

• Downtown Kelowna is minutes away

• A chip-shot from the largest retail centre

in the Okanagan

• Convenience for owners, employees

and customers

A prime, centrally-located commercial site like this may not be available to small and medium-sized businesses in this market again.

intraurban.ca/enterprise

Your window of opportunity to own in central Kelowna is closing fast.

Page 4: Kelowna E - Industrial, Commercial, Investment Real Estate · Owning real estate has always been a good business strategy, but rising prices and shrinking availability have limited

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AVAILABILITY OF INDUSTRIAL STRATA - KELOWNA AREA

STRATA PRICES - UP 33% LAND PRICES - UP 55%

0 sq. ft.

LEASE RATES - UP 33% INDUSTRIAL STRATA BUILT SINCE 2010

2014 2017

2014 2017

2014 2017

Industrial vacancy is down. Lease rates and demand are on the rise.

These are the kind of market

conditions that made IntraUrban

Vancouver such a success.

The growth of Kelowna and the

evolution of its business culture

demand a re-imagined approach

to light industrial space.

1625 Dilworth Dr

Kelowna, BC

Open for business in the fastest growing metro area in Canada.

In a valley long known for agriculture and lifestyle, Kelowna is quickly evolving into the retail and business hub of the Interior. From retirees seeking a more laid-back lifestyle to young couples fleeing overpriced urban centres, statistics show the population is growing while tech, education and entrepreneurial business sectors are fueling a new economy of opportunity.

IntraUrban Enterprise will literally be in the middle of it all.

Kelowna and IntraUrban. The timing couldn’t be better.

The Kelowna area is a world-class real estate story, but few headlines focus on the dwindling opportunity for businesses to invest in their own commercial property here. Located only steps away from the most recognizable shopping node in the Okanagan, IntraUrban Enterprise promises businesses proximity and growth in the middle of an entrepreneurial and recreational paradise.

Looking back, it’s easy to see that owning real estate is a good long-term strategy.

Big business knows that paying into their own equity rather than someone else’s is a smart play. Now this opportunity is here for small and medium-sized businesses who also share that vision.

The average price of industrial strata has increased 90% over the past 10 years.

Page 5: Kelowna E - Industrial, Commercial, Investment Real Estate · Owning real estate has always been a good business strategy, but rising prices and shrinking availability have limited

FPO

SCALE : 1/16" = 1'-0"

SCALE : 1/16" = 1'-0"

PL

PL

15'-6

"14

'-0"

29'-6

"

15'-6

"14

'-0"

29'-6

"

MAIN FLOOR

EL. 0'-0" (4.60M)

EL. 14'-0"

T.O. WALLEL. 29'-6"

SECOND FLOOR

MAIN FLOOR

EL. 0'-0" (4.60M)

EL. 14'-0"

T.O. WALLEL. 29'-6"

SECOND FLOOR2

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SCALE : 1/16" = 1'-0" SCALE : 1/16" = 1'-0"

15'-6

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'-0"

29'-6

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"14

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29'-6

"

MAIN FLOOR

EL. 0'-0" (4.60M)

EL. 14'-0"

T.O. WALLEL. 29'-6"

SECOND FLOOR

MAIN FLOOR

EL. 0'-0" (4.60M)

EL. 14'-0"

T.O. WALLEL. 29'-6"

SECOND FLOOR

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SCALE : 1/16" = 1'-0"

12'-0

"8'-

0"3'-

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6"

29'-6

"

15'-6

"14

'-0"

MAIN FLOOR

EL. 0'-0" (4.60M)

EL. 14'-0"

T.O. WALL

EL. 29'-6"

SECOND FLOORWAREHOUSE

SECOND FLOOR

CLEAR ANODIZED ALUMINUMSTOREFRONT / CURTAIN WALL GLAZINGCLEAR DOUBLE GLAZED

1

2

3

INSULATED SECTIONAL O/H METAL DOOR WITH VISION PANELS

INSULATED METAL MAN DOOR

4

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TILT-UP CONCRETE PANELS WITH CAST-IN REVEALS - PAINTED

SUN SHADE - CLEAR ANODIZED

6

DARK GREY: KENDALL CHARCOALLIGHT GREY: REQUISITE GREY

PAINTED - LIGHT GREY

PAINTED - DARK GREY

ALUCOBOND ACP CLADDING OR SIMILAR APPROVEDCOLOUR - WHITE

LIGHT BRONZE - BUILDING 1

7 CORRUGATED STEEL CLADDING - METALLIC FINISH

8 CIRCULAR STEEL COLUMN - PAINTEDWHITE

DARK BRONZE - BUILDING 2 CHAMPAGNE BRONZE - BUILDING 3

LIGHT BRONZE - BUILDING 1 DARK BRONZE - BUILDING 2 CHAMPAGNE BRONZE - BUILDING 3

LIGHT BRONZE - BUILDING 1 DARK BRONZE - BUILDING 2 CHAMPAGNE BRONZE - BUILDING 3

EXISTING GRADE (IN METRES -INTERPRETED FROM BUTLERSUNDVICK TOPOGRAPHICALSURVEY)

FINISHED GRADE

PLOT DATE:

CHRISTOPHERBOZYK ARCHITECTS LTD414 - 611 ALEXANDER STREET VANCOUVER BC V6A 1E1PHONE (604) 251-3440 FAX (604) 251-3848

DATE:SCALE DRAWN:

PROJECT NUMBER

1/16" = 1'-0" @ ARCH D JUNE 2015

A.3.202

214032

COPYRIGHT NOTICE:All rights reserved. All ideas, designs, drawings and reproductions either in print orelectronic format, are the property of Christopher Bozyk Architects Ltd., and are aninstrument of service that may not be used, forwarded to others, transmitted, downloaded orreproduced either in print or electronic format, without the express written permission of thecopyright owner.

Written dimensions shall have precedence over scaled dimensions. Contractors shall verifyand be responsible for all dimensions and conditions on the job; shall request clarificationof errors, discrepancies, or doubtful information contained in contract drawings anddocuments. Failure to obtain such clarification renders the Contractor responsible for anyresulting improper work and the cost of rectification.

8811 LAUREL STREETVANCOUVER, B.C.

BUILDING 3ELEVATIONSAND SECTION

REVISION DATE DESCRIPTION

01 29 JUNE, 15 ISSUE FOR DP

DON

02 31 AUG, 15 RE-ISSUE FOR DP - C.O.V. REQUEST

IntraUrban design – it’s almost too good to be industrial.

The IntraUrban brand brings a higher level of thoughtful design to small-bay light industrial space.

We also set our construction standards for long-term ownership. A range of bay unit sizes and the ability to combine spaces will appeal to a wide variety of businesses and personal commercial space investors. Superior finishes and features such as built-in upper floor flex space help ensure owners, investors and their tenants will benefit far into the future.

• 24’ clear ceiling heights

• 10’ x 12’ bay doors

• 300lbs per square foot live floor

• Grade loading access

• 200 AMP 3-phase electrical service

• Second floor mezzanine office

• Zoning I-2

• Ground floor washroom

Building Features:

IntraUrban Enterprise consists of two buildings with units ranging in size from 2,056 to 3,897 square feet, including ground floor and mezzanine. All units feature extensive glazing, unique architectural façade and wide span structure for efficient unit layouts and unit consolidation potential. Other features include:

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SITE PLAN 1625 Dilworth Drive, Kelowna BC

Page 6: Kelowna E - Industrial, Commercial, Investment Real Estate · Owning real estate has always been a good business strategy, but rising prices and shrinking availability have limited

The ultimate Okanagan garage for recreational storage.

Kelowna offers the critical urban mass necessary for growing companies, but it also offers unparalleled access to lakes, mountains, trails and more. IntraUrban Enterprise units are large enough to store boats, vehicles, trailers, snowmobiles, ATVs – whatever calls you. Access and security are fully in your control, and you can customize your IntraUrban interior to your specifications. So whether you need a beachhead for your business or the ultimate garage, IntraUrban Enterprise is your headquarters.

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Kelowna: Growing. Central. Ready for IntraUrban.

IntraUrban Enterprise is a new type of industrial strata development in Kelowna, perfectly located for growth.

As the Greater Kelowna area continues to densify, pressure on nearby land values and availability is expected to rise. Yet focus will likely remain on residential and retail development, leaving light industrial business ownership as a high-demand opportunity. This central Kelowna location will serve a growing Okanagan customer base for the foreseeable future.

IntraUrban is ready to launch. Are you?

intraurban.ca/enterprise

Page 7: Kelowna E - Industrial, Commercial, Investment Real Estate · Owning real estate has always been a good business strategy, but rising prices and shrinking availability have limited

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When you’re ready to make your next Okanagan business move, we’re here.

Steve Laursen Personal Real Estate Corporation [email protected] (250) 808 8101

A Vancouver-based real estate development and investment company, specializing in re-imagining retail centres and commercial/industrial properties that have true, unrealized potential.

Chris MacCauley Personal Real Estate Corporation [email protected]

(604) 662 3000

This disclaimer shall apply to Royal LePage Kelowna (RLPK), CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporations; to include all employees and independent contractors

(“RLPK” and “CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not

been verified by RLPK/CBRE, and RLPK/CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. RLPK/CBRE does not accept or assume any

responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem

necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market

at any time without notice or obligation to the recipient from RLPK/CBRE. RLPK/CBRE and their logos are the service marks of Royal LePage Kelowna and CBRE Limited and/or their affiliated or related

companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services

[email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth.

intraurban.ca/enterprise