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Monday, January 11, 2010

Movie Theatre Announced

There was exciting news in the local papers last week about the planned commercial centre across the River Channel from Green Avenue, in Penticton. The announcement centred around a movie theatre, a long awaited devlopment in the Penticton and surrounding area. It was somewhat premature however as negotiations are still underway with the Provincial Government for the construction of a bridge over the Channel. While I was Mayor in 02-05 I initiated discussions around providing sewer service to the Reserve side of the River Channel and that generated considerable development interest in this land at the time. The eventual announcement of the bridge will mean an opportunity for Locatee land holders as development interests will be looking at all the land from Highway 97 to Green Mountain Road.
This is an exciting development for Penticton and the trading area to the south as it means that services and products will be provided right here in Penticton instead of further up the Highway in West Kelowna. Eventually we will see a seamless commercial corridor extending north on the Parkway bordered by the River Channel. LandMark Cinemas' propose a six theatre complex with all the current technology, with room for market expansion to nine offerings. Additional and complimentary businesses proposed are sure to make this a 'Destination Centre' for the region.

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