The tallest tower between Vancouver and Calgary will soon be piercing the clouds in Kelowna. The 36-storey East Tower of One Water Street, by North American Development Group and Kerkhoff Construction, broke ground earlier this year on the city’s lakefront – with all of its 225 units sold. Nearly half of them went to Metro Vancouver and Fraser Valley residents. At $700 to $800 per square foot, it’s easy to understand why: a comparable Vancouver high-rise condo might go for $1,700 to $3,000 per square foot.