PENTICTON, B.C. — Southwood, a controversial new retirement resort from the same people that created the Sandbridge gated community, will be sited on what is currently the Waterworld RV Park in Penticton, reports the Pentiction Western News.
The controversy arises from Ed Hall’s, of what is now Regency Retirement Resorts, request to have the retirement resort included under the economic investment zone bylaw, under the tourism, sport and cultural zones, which would qualify the project for about a $500,000 tax break and a 50 per cent discount on building permit fees, to the tune of $150,000, reports the Pentiction Western News.
The Pentiction Western News reports that Regency plans to build a 159-unit condo style resort, with a range of amenities for the residents, like a theatre, fine dining, rooftop garden, fireside lounges, billiard rooms, etc.
For the complete story from the Pentiction Western News, click here.