The University District has experienced a significant surge in construction, driven in large part by the escalating demands of students attending UBC-O—a university consistently ranked among the top 40 in the world, currently boasting over 9000 enrolled students.

Various housing options cater to the diverse needs of the University District’s community, with a focus on new constructions tailored for students, parents, and investors. Deerhurst Estates, a recently developed townhome complex, stands out for its unparalleled city and mountain views. The U-One through U-Six condo buildings, featuring flexible 1, 2, and 3-bedroom units, have been steadily expanding year after year. Academy Hill also offers units with unique hillside architecture, ensuring virtually every unit in every building enjoys a view. Two student-exclusive buildings, Varsity and Veda, provide additional housing options.

In 2017, a new single-family subdivision emerged, becoming a sought-after haven for mature students with families, parents supporting their children in school, and professionals such as professors and teachers.

Beyond housing, the University District is slated for new hotel developments, with two currently in operation. Its proximity to YLW makes it an attractive hub for food-service and other service-based businesses.

Adjacent to the University District is the upscale community of Quail Ridge, home to the popular Bear and Quail golf course—a favored destination in the Okanagan. The University District also offers excellent transit options and serves as a key connection point to North Glenmore, Ellison, and Lake Country.