Kamloops, B.C.: Thompson Landing on Royal, Kamloops’ newest premier waterfront development set on the shores of the Thompson River, has opened the doors of its Show Suite, welcoming the community to learn about the 64-unit condo development, now under construction.
“We are pleased to offer people such a unique, waterfront living opportunity in Kamloops,” said Joshua Knaak, Partner with ARPA Investments (ARPA), the company behind Thompson Landing on Royal. “We are developing two condo buildings on the piece of property at 209 Royal Avenue, allowing individuals and families to truly live on the waterfront and enjoy all that comes with that lifestyle.”
Back at the start of the project, the team at ARPA did extensive community engagement prior to moving forward with the development and received unanimous City Council support for rezoning. With that support, approval of the development permit, and with disclosure statements in hand, the development is now selling.
“We started pre-sales in early November and have already sold 17 units which represents 27% of the units of our project,” stated Knaak. “We know it was a calculated risk to launch our sales when interest rates were starting to increase but the confidence from purchasers has certainly been strong.”
The REALTOR® of the project is Brendan Shaw of Brendan Shaw Real Estate. Understanding the challenges of the real estate market currently, and specifically of Kamloops, Shaw is also pleased with the level of interest in Thompson Landing on Royal citing the great reputation of the developers as part of the reason for the confidence of buyers.
“This is the 4th project our office has worked on with ARPA, and we hear time and time again from buyers that they trust that an ARPA-built project will not only be high quality, but will also meet the promised timelines, important for many who will be selling their homes to move into the development upon completion,” noted Shaw.
Shaw is pleased to open the doors of his North Shore office on the corner of Oak and Tranquille to host the Thompson Landing on Royal Show Suite, noting that many purchasers look for an opportunity to experience and see a real estate product before they buy.
“The Thompson Landing on Royal Show Suite provides people with a better sense of what their new home will look like, the views of the Thompson River, and the opportunity to go over suite plans and floor plans with a licensed REALTOR®,” said Shaw. “Because of the strong interest we’ve had for the project to date, we encourage those interested in purchasing a unit, from a studio up to a two bedroom plus den suite, to connect with us early to have their preferred unit available.”
The Show Suite will be open by appointment only, and Shaw encourages people to connect with him at 778.471.1498. Details for the premier waterfront development are also available at www.thompsonlanding.ca
“For our company, it’s all about building communities,” stated Knaak. “To take this piece of property and develop it to compliment the vibrant McDonald Park neighbourhood along Royal Avenue is how we are living out our company’s mission and creating great places for people to live.”