Lake Country is one of the fastest growing communities in the Okanagan Valley.
With more people choosing to work remotely — two-thirds of its business licences are home-based enterprises — this community is seeing a huge influx of young professionals.
For all those reasons, the district has seen a steady growth in construction. Macdonald Development Corporation’s Lakestone project is by far the largest the district has faced — a $1.5-billion economic windfall. Once completed, Lakestone will have eight neighbourhoods, 1,365 homes, resort-style amenities and approximately 250 acres of preserved natural open space, connecting to the Lake Country trail system. As well, Cadence at The Lakes Adult Community is a maintenance- free, single-family development for residents 45 and older and features geothermal heating and cooling and resort-style amenities. The district is growing and enhancing its facilities and infrastructure, including a $14-million Telus investment on upgrades to its fibre optics.
Lake Country Stats
Amount of investment $35 million average value over 22 years (1996-2017) 2017 new homes 197 completions
Buildout 3.1 per cent growth annually