Landmark towers take over from Orchard Park mall as Kelowna’s biggest taxpayer

For years, the Orchard Park mall had the highest business tax bill in Kelowna. That ended last year when Al Stober Construction – the firm behind the seven Landmark towers – took over the top spot.

Stober retained top spot in 2022, according to the City of Kelowna’s preliminary budget that was posted on its website this week. The ranking does not show how much was paid in taxes.

FortisBC holds second spot for, at least, the third consecutive year with Orchard Park in third for the past two.

The decedents of former B.C. premier W.A.C. Bennett rank high on the list. Victor Projects Ltd. – from the R.J. Bennett side of the family – moved into fourth place this year. Among other things, it owns the Guisachan Village mall and recently bought the former Costco site.

READ MORE: Former Kelowna Costco building sold for $31 million

By moving into fourth spot, Victor Projects bumped MacIntosh Properties into fifth spot. That company is owned by the family of former Premier Bill Bennett, W.A.C’s other son.

Inland Natural Gas remains in sixth spot while Callahan Construction moves up one spot to seventh. It owns a number of commercial and residential properties, including Mission Park Shopping Centre.

In eighth spot is 3752 Investments Ltd. followed by Midwest Ventures. Both of those companies may be part of Ted Callahan’s Argus Properties group as they have made joint applications to the city for things like hotels in the Airport Industrial Park and office buildings.

Rounding out the top 10 is RG Properties, owner of, among other things, the Capri Centre Mall. It's also a partner with the city at Prospera Place.

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