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Vernon Real Estate Developments- Why Develop the Hesperia Lands?

The City of Vernon feels that there are three main reasons to go forward with the Heperia Lands Project. They are:

  • to ensure an adequate supply of attainable housing
  • to minimize urban sprawl and focus on development in core areas and
  • to capitalize on the proximity of the Hesperia Lands to Marshall Fields, Paddlewheel Park, Kin Beach, schools, the airport and  the Waterfront Development area

The Key Objective in the project is to develop the land with a significant proportion of attainable housing.

Attainable Housing for this project is seen as:

  • providing a range of housing options for middle-income homebuyers
  • includes ownership and rental opportunities.

The City feels that building attainable housing will:

  • ensure housing for new residents to serve our community
  • provide opportunities for our parents to retire in Vernon
  • create the opportunity for our children to live and work here.
Posted: Tuesday, June 03, 2008 8:27 AM by The Okanagan Real Estate Hub
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