The construction of the new replacement bridge—the William R. Bennett Bridge—began in 2005 and was completed in 2008.
Completed on May 25, 2008, the bridge replaced the older Okanagan Lake Bridge built in 1958 to link Downtown Kelowna to West Kelowna across Okanagan Lake as part of Highway 97.
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On April 21, 2005, Premier Gordon Campbell officially renamed the bridge from the Okanagan Lake Bridge to William R. Bennett Bridge in honour of former Premier William Richards Bennett, a native of Kelowna.