Acacia Pangilinan
KAMLOOPS – Kamloops is embracing change, the skyline is evolving, and it is ready for the post-pandemic workforce. Hybrid models of work from home and in office collaboration are quickly becoming the norm as businesses look towards recovery from COVID-19. It is no longer just about the work, it is about the work/life balance we all crave as technology has allowed us to work from virtually anywhere.
Located where the North and South Thompson Rivers converge, traditionally called Tk’emlúps, meaning where the rivers meet, Kamloops already ticks off many boxes for today’s workforce -with an airport, award-winning wineries, a major university and an abundance of enviable outdoor space to explore – all this, but with a commute time shorter than the time it takes for your barista to prepare your morning coffee.
The introduction of the Revitalization Tax Exemption (RTE) was the catalyst developers needed as they looked for opportunity to modernize our city’s commercial spaces, something that has been lacking for over a decade. Wasting no time, developers have already broken ground to create new business hubs to answer the evolving needs of the business community.
Esteemed development group A&T Project Developments Inc. and Invictus Properties broke ground on phase one of The Hive – a mixed-use space of office and ground-floor retail in Downtown Kamloops, setting its scope to become Kamloops Premier Business District. On the North Shore, ARPA Investments is reimagining the Tranquille Corridor by embracing its eclectic culture and youthful vibe with the recent completion of The Station on Tranquille and nearly completed The Colours on Spirit Square – bringing with them collaboration centres, breweries and a newly announced Food Hall.
For the fourth straight year, the City of Kamloops has set a record for construction activity – even amidst the pandemic. Much of this can be attributed to expansion of the Royal Inland Hospital with the under-construction Patient Care Tower, but our hub corridors are quickly densifying and are offering contemporary amenities for the post pandemic workforce.
Have you considered opportunities in Kamloops lately? Get in touch with Acacia, at acacia@kamloopschamber.ca to discuss your business needs.