City Features

With many development projects underway, the City of Penticton holds a lot of future potential if it is able to stay on its current diversification track. Once seen primarily as a tourist town, the economy has stabilized in the last several years, as many manufacturing businesses have come to call the city home. Its links to several major highways and a base of 85,000 people within a half hour drive make it a prime location to invest and settle down. Tourism and agriculture will continue to provide the economic base for the region; however, as more manufacturing companies bring jobs to this affordable region we will witness a decrease in average age and an increase in average income of its residents. Watch for strong population growth, which will drive demand for both rentals and home purchases after this current financial turmoil dissipates.

The city has received many accolades recently as an attractive place to start a business and this is exactly what the city needs…. Economic diversity. Penticton’s tourism and agriculture are expected to continue growing. Strong population growth will drive demand for both rentals and home purchases.

- Real Estate Investment Network

The South Okanagan Events Centre

Penticton's South Okanagan Events Centre

Penticton's South Okanagan Events Centre

The South Okanagan Events Centre was designed to give the Okanagan Valley a beautiful, fan friendly venue with lots of high-tech touches. From its sweeping signature arches to the retractable seating, the South Okanagan Events Centre is the premier sports and entertainment venue in British Columbia.

www.soec.ca

Penticton Trade & Convention Centre

Penticton Trade & Convention Centre

Penticton Trade & Convention Centre

The Penticton Trade & Convention Centre is the largest meeting facility in British Columbia outside of the Lower Mainland, with more than 60,000 square feet of versatile meeting space. It hosts over 100,000 delegate days each year. Designed for flexible configurations, the Centre easily adapts for groups from 35 to 3,500 by turning spaces into salons, meeting rooms or tradeshow floors. The spectacular atrium with adjacent patio and garden area offers reception and pre-function space accommodating up to 1,200 guests. The beautifully presented ballroom totals 29,100 square feet. Newly renovated it features rich carpets, individually controlled lighting, heating and air conditioning, and a 1,600 square foot portable dance floor. A covered walkway leads to the Centre’s theatre, which features a professional sound system, an orchestra pit, and tiered seating for 443. Meeting facilities offer audio-visual, internet, and video conferencing capabilities, plus professional technicians to operate the in-house sound and remote lighting systems. An in-house executive chef caters up to 2,400 with creative menus and superb presentation. The Penticton Trade & Convention Centre staff takes pride in its excellent reputation. Warm smiles and helpful, efficient employees will enrich your experience and help make your convention a memorable success.

www.pentictonconventioncentre.com

$28 Million Centre of Excellence in Sustainable Building Technologies and Renewable Energy Conservation

Located at the Penticton Campus, Okanagan College’s new Centre of Excellence will significantly enhance both the College and the communities of the South Okanagan and Similkameen. The Centre will open its doors in March 2011 to 500 more students enrolled in expanded and new programs, increasing the opportunities for them to study and stay in the region. The Centre of Excellence, located in the heart of the Penticton campus, is designed to exceed the most rigorous environmental standards and demonstrates the economic viability of sustainable construction techniques.

“The Centre of Excellence will offer students a learning experience in a living lab whereby they will see first hand examples of sustainable and green technologies utilized in the Centre. The achievement of the Living Building Challenge criteria will solidify our commitment to providing a sustainable, healthy environment for the leaders of tomorrow. We will all benefit from the Centre and I encourage everyone to consider being part of this extraordinary opportunity.” Janet Shaw, Chair, Okanagan College Board

Downtown Penticton

Penticton’s downtown core remains active and vibrant. The Downtown Penticton Association represents the 400 shops and services and their offices are located in the heart of Main Street. A full time executive director is guided by an active board of directors that work to promote and enhance the central core of our city.

The Downtown Penticton Association is a central point for collecting and dispersing information to its members. They actively represent their interests throughout the community, keeping their members informed through regular newsletters, meetings, emails and an up-to-date web site. As well as marketing the benefits of downtown Penticton, the association takes an active role in activities that contribute to a healthy, balanced community. The Association focuses on quality events and promotions, customer service, business recruitment, partnerships, parking, beautification and cleanliness, and safety of the downtown core.

Thanks to the Association’s efforts, the city centre area is very pleasant and well-lit. A great variety of products and services are on offer, and the city and privately operated parking lots make access convenient. A business improvement project has made significant developments to the infrastructure, and storefront vacancies are now uncommon. Located just steps from the lakeside, beaches, and casino, the downtown core is a very popular tourist destination.

www.downtownpenticton.org

Penticton Youth Park

Skateboarding at Penticton's Youth Park“The ‘crown jewel’ of skateparks in the Okanagan Valley, Riverside Youth Park in Penticton boasts one of the largest modern concrete skate facilities in Western Canada. The park includes a wide assortment of modern obstacle and bowl terrain along with a healthy level of detailing for a unique and pleasant site integration. The park is a culmination of many years of thoughtful planning and design and is a testament to what is possible when local community, youth, consultants and city staff work together.”

Located in Riverside Park on Riverside Dr this Concrete park is open spring, summer and fall, dawn until dusk.

www.newlineskateparks.com

Questions? Contact Penticton Economic Development

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