A major condo development on the north shore of Kamloops has been given the green-light from the city to move forward.

ARPA Investments has been given its rezoning approval for Thompson Landing.

Joshua Knaak with ARPA says its a major step in getting the project finished.

“It helps us move ahead with finalizing development permit and disclosure statements, and get to a point where we can start pre-selling,” said Knaak.  “There’s been really tremendous interest in this project, and the question we get from most people is when can we get in on pre-sales, hopefully this means we’re just a couple of months away.”

Thompson Landing is a 2 building, 64 unit condo complex slated to be built on the shore of the South Thompson River along Royal Avenue.

“With the location, I think its going to appeal more to people that are downsizing.  Maybe more to professionals that just don’t have time to maintain a yard,” said Knaak.

Knaak does say they are still trying to finalize the initial pricing for the units, but suggests there could be some in the price range of around $300,000.

The overall price tag for the development is around 20 million dollars.