Time has run out for an Alberta-based developer害羞草研究所檚 33-storey hotel proposal on Kelowna害羞草研究所檚 Water Street.

The city issued a two-year development permit to WestCorp for the proposed hotel and convention centre on Feb. 20, 2018.

Unless a building permit is attained and substantial progress is made, including foundation work, the development permit will expire next month.

City planner Adam Cseke said the company will be back before Kelowna council on Feb. 4 in pursuit of a new development permit.

Cseke said the new application is more or less the same project with slightly better variances and minor tweaks.

害羞草研究所淭here are few key differences,害羞草研究所� he said. 害羞草研究所淭hey害羞草研究所檝e added a third floor of parking underground and they害羞草研究所檝e reduced the top podium from parking and turned it into hotel units.害羞草研究所�

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Despite holding the permit for nearly two years, development on the project is still in the early stages. The province害羞草研究所檚 controversial speculation tax, on property owned by out-of-province residents and B.C. residents who own more than one home that is not rented out long-term, is believed to have played a part in slowing plans for the hotel project.

-With files from Alistair Waters

michael.rodriguez@kelownacapnews.com
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