Huge downtown development

November 1, 2017 9:28 am

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The recent sale of a pair of downtown highrise apartment buildings in Kamloops is part of a massive downtown development effort a local company will soon undertake.

Kelson Group announced this week it has purchased The Pines and The Oaks apartment buildings, located on Battle Street.

But the company has also bought several properties between Fourth and Fifth Avenues, as well as a vacant lot on the northeast corner of St. Paul Street.

The two, ten-storey apartment buildings contain a total of 166 rental units. Along with the other properties and vacant lot, the purchases represent a combined 3.44 acres of land.

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