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A spokesperson for CMHC confirmed Friday that two of the three buildings at the Crown corporation’s 700 Montreal Rd. headquarters – Building A, which has a total of 165,933 square feet, and Building B, which covers 56,805 square feet – are no longer occupied.
The updated Lansdowne 2.0 proposal cuts back on density, but not cost, with an increased price tag of $419.5 million, compared to the original estimate of $332 million.
Group Germain plans to start laying the groundwork next week for construction of a 178-room Alt Hotel that will be attached to the airport terminal, the company’s vice-president of operations, Hugo Germain, told OBJ on Thursday afternoon.
The housing agency says builders started work on 2,164 new apartment units, including condominiums and rentals, between January and the end of June, up 38 per cent from the same period in 2022.
A total of 2,454 condos changed hands in the capital between January and the end of August, down from 2,964 in the same period in 2022, Re/Max said in its annual condominium report released Tuesday.
As more workers return to the office, larger employers based in Ottawa’s downtown core have noticed that the experience of working in the area has changed dramatically since the pandemic.Â