Kelson Group has big plans for Downtown Kamloops; the local residential and commercial property management and development company has recently announced a new multi-million dollar purchase. This new acquisition includes The Pines and The Oaks, two quality, concrete ten-storey apartment buildings, parcels of land in between 4th and 5th Avenue on both Nicola Street and Battle Street, plus the vacant lot on the northeast corner of St. Paul Street. In total, the purchase includes 3.44 acres of land to be developed!
Gay Pooler, General Manager for the Kamloops Central Business Improvement Association (KCBIA) states that “Kelson Group has always been a part of building community in Downtown Kamloops. We are happy to see them increase their holdings downtown. To have a company of Kelson Group’s caliber invest here shows a high level of investor confidence in Downtown Kamloops and Kamloops overall. Their planned developments will add more residents into the core, which is a key component of a complete and successful neighbourhood.”
Furthermore, KCBIA President Mike O’Reilly adds that “having more people living downtown has been part of the KCBIA strategic plan for over 10 years and the work we have been doing is helping investors get to investment decisions quicker.”
- Gay Pooler, General Manager, KCBIA 250-372-3242
- Mike O’Reilly, President; KCBIA 250-319-0759