THE MOST SIGNIFICANT NEW COMMUNITY IN THE OKANAGAN
A NEW ENTERTAINMENT HUB, A NEW BUSINESS AND COMMERCIAL CENTRE, A NEW WAY TO LIVE AND CONNECT.
The vision for The Innovation District is a community that connects people in every way. Located in the centre of Penticton, halfway between Okanagan Lake and Skaha Lake, The Innovation District creates a new commercial, residential and lifestyle epicentre in the city and region - connecting people to community, the city, and the Okanagan like never before.
COMING SOON
Innovation District’s inaugural residential building, Nikola presents the first opportunity to call this master-planned community home. Spanning 6 stories, Nikola offers 127 homes ranging from studio to 3-bedroom configurations. Located creekside, the architectural vision echoes Scandinavian design, bringing a new level of excellence to Penticton.
AN URBAN HUB
As a truly mixed-use master planned community, the Innovation District will deliver much needed housing, office, commercial spaces and other services across from Penticton Regional Hospital - creating a dynamic new urban lifestyle and business hub, in the heart of the city.
10 acres, 1,500+ homes, restaurants, cafes, medical services and clinics, offices, childcare and more will come together to create a way of life where you can live, work and play without ever leaving home.
Bordered by Ellis Creek and connected by walkways, parks, and streets, the Central Plaza in The Innovation District creates a bustling gathering place where you can come together, and share experiences year-round. Digitally connected and accessible with public wifi. The Innovation District is driven by ideas that transform the way you live with adaptive spaces and experiences.
AN INCREDIBLE PLACE TO CALL HOME
Home to young professionals, families, students, retirees. The Innovation District will be a vibrant new community that redefines what it means to live in Penticton.
A range of housing options that give homeowners, those looking to rent, aged care and other forms of housing will be thoughtfully developed to create a holistic living environment for everyone.
PREMIUM COMMERCIAL & RETAIL
The Innovation District will be built around a host of new retail, medical, and office space opportunities.
Creating opportunities for businesses and the community alike, The Innovation District will add over 300 new jobs - serving residents, hospital staff and visitors, and the existing community around it.
A PLACE TO STAY FOREVER
There aren’t many places in the world where you can wake up between 2 sandy beach lakes. Here you can surround yourself with wineries, head for the trails, golf at over 30 courses, and so much more. Combined with a vibrant tourism and diverse homegrown commercial economy - it’s easy to see why Penticton is becoming one of the most sought-after places to live and do business in BC.
The company’s highly focused team of specialists oversees every aspect of project development, including acquisition, planning, design, construction, marketing, sales and customer care, with a commitment to building lasting value for homeowners and the community. Founded in 2005, Tien Sher has steadily grown to become one of the most innovative and progressive developers in the region, contributing to the urban renewal of the historic Whalley District, and many arts and cultural initiatives that go beyond real estate development.
“We may be in the bricks and mortar industry, but at the end of the day, our business is about people, first and foremost.”
Charan Sethi
President and CVO
With over 60 years of combined real estate experience, Stryke Group possesses knowledge and insights that can be applied to every project in which the team is involved in. Stryke Group is deeply committed to creating sustainable and thriving communities through real estate development. By combining a long-term vision, extensive experience, and a strong network, Stryke lays a strong foundation for success in navigating the complexities of developing real estate.
“The success of any community we develop is intricately tied to the needs and experiences of the people who will ultimately inhabit or utilize the spaces you create. By keeping our clients in mind, whether they are families, businesses, or entire communities, we ensure our projects are not just structures but environments that facilitate growth, success, and meaningful connections.”
Rocky Sethi
Managing Director
BE PART OF THE FUTURE
AT THE INNOVATION DISTRICT
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