Katasa Group's plan is anchored by a 26-storey highrise that would feature more than 80 rental units targeted at students and an additional 150 rental suites in the floors above.
The Ottawa Business Journal spoke with industry veteran Leo Lax about how he is interpreting the data in the latest edition of Behind the Headlines podcast.
Employers in Ottawa-Gatineau shed a net total of 3,300 jobs in August, and the unemployment rate dropped mainly because of a mass exodus of 12,100 people from the labour force.
Smart Living Properties and Forum Equity Partners have applied to build a rental complex at 112 Nelson St. aimed at "young professionals" who cycle rather than drive.