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Ottawa faces ‘multi-whammy’ of challenges as it looks to reimagine its downtown, urban expert says

This week’s public-service job walkout adds to the list of challenges Ottawa faces as its economy tries to rebound from the pandemic and it looks to reimagine city space, a prominent urban planning expert says.

Taggart Group floats plan to replace historic Kent Street office building with 30-storey tower

Ottawa-based real estate company says it does not intend to redevelop the property, which it purchased about a dozen years ago, for at least another decade.

Uncertainty clouds the outlook for meetings and conventions business, officials agree

Local officials in the meetings and conventions sector are cautiously optimistic about the future, even as they’re in the midst of a 2023 post-pandemic bounce in activity.

Hexo sale part of ‘inevitable’ consolidation push in crowded cannabis sector: Experts

Deal marks the end of the line as an independent entity for the Gatineau firm that was launched in 2013 under the name Hydropothecary and later became the subject of an award-winning book that chronicled the lives of founders Adam Miron and Sebastien St-Louis.

‘Significant number’ of Ottawa office buildings feasible for housing conversions, study says

As a record amount of office space sits vacant in Ottawa’s downtown core, a new study says the capital is well-positioned to turn some of its empty towers into residences.

Intouch Insight’s revenues rise 47% in 2022 amid retail resurgence

The Ottawa firm, which specializes in customer survey and data collection software, reported revenues of $23.5 million in the 12-month period ending Dec. 31.

Sunny forecast: Enurgen’s solar farm ‘operating system’ gaining traction with global giants

Six-person Ottawa cleantech startup is one of nine companies from around the world that’s taking part in a three-month accelerator program in Oslo, Norway, backed by international investment firm Techstars and Norwegian energy company Equinor.

Downtown Ottawa’s office vacancy rate hits record high of 13.2% in Q1: CBRE

Several prominent local real estate experts say they expect vacancies to keep rising as businesses rethink their space requirements.

Going west: Developers plan major new industrial projects in red-hot Kanata market

More than half a million square feet of industrial space is in the works at two sites in west Kanata as developers scramble to satisfy demand for warehousing and light-manufacturing facilities in the city’s tightest submarket.

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