One Varsity will be among the first newly developed mixed-use buildings in the district centred around the recently Kelowna City Council approved 46 storey University of British Columbia Okanagan (UBCO) Downtown campus.

When completed, One Varsity will offer 341 condo units built over a podium with 6,900 sq ft of commercial retail space and five levels of parking.

“One Varsity will bolster Kelowna’s transition from terrific small Okanagan city to great small global city,” says Kerkhoff president & CEO, Leonard Kerkhoff. “As part of downtown Kelowna’s ongoing redevelopment, One Varsity’s innovative mixed-use offerings will fill a gap in the urban fabric, adding to the available amenities and attractions in the city’s walkable core.”

One Varsity is being overseen by four developers: Chilliwack-based Kerkhoff Construction, North American Development Group, bbf: and New Generation Properties.

Designed by IBI Group, One Varsity will feature live-work-play space on the sixth floor and offer a variety of amenities including a pool, outdoor lounge, and BBQ area, as well as a gym, dog wash and lounge, multi-sport simulator room, and co-working space.

“Our commitment to making a positive impact on the communities in which we work is at the forefront of the One Varsity project, and collaboration between the North American and European developers on this project brings a unique European esthetic to Kelowna,” says bbf: CEO Vadim Romanov. “We are eager to bring our extensive knowledge of urban systems and global expertise to Kelowna, strengthening the future of this remarkable city.”
 
Construction of the 36-storey building, which will be located on the corner of St. Paul Street and Doyle Avenue at 1405 St. Paul, is anticipated to begin in spring 2023 with completion in 2026.