Fiscal Impact Analysis
Peachland is a small community of about 5,000 people located in the BC Okanagan, just south and across the lake from Kelowna. It’s a beautiful spot, set into the hills overlooking Okanagan Lake and with a fantastic downtown area right on the water.
While other parts of the Okanagan have been growing quickly in the last couple decades, Peachland has grown only modestly. But several major developments being pursued will increase the population to as much as 14,000 over the next 20-30 years.
Working with Eric Vance & Associates and relying on a detailed demographic analysis prepared by Urban Futures Inc., we examined what this level of growth will mean to Peachland’s municipal finances, employment, retail market and a variety of social factors. The report and executive summary have been released by the District of Peachland here.
The local Peachland News provided a good summary of the results here.