Real Estate

Developer proposes 44-unit, six-storey building in Old Ottawa South

According to the proposal, the project would consist of retail and commercial operations on the ground floor, with 44 residential units on the floors above

Persistent supply issues drive Ottawa home prices up 19% in January: OREB

Fewer homes changed hands in January than a year earlier, but the city’s chronic housing supply shortage drove prices up nearly 20 per cent compared with the start of 2019

Demand for Eastern Ontario construction workers to rise 7% by 2024: Report

A new report is highlighting the projected shortage of skilled tradespeople facing local construction firms and contractors

Montreal’s BTB REIT buys west Ottawa office building in $22M deal

BTB REIT said Tuesday it purchased the class-A office building at 2611 Queensview Dr. in a deal worth $21.75 million

Aecon breaks ground on $32M Campeau Drive extension in Kanata North

A forthcoming four-lane road connecting two sections of Campeau Drive is expected to improve capacity for commuters in Kanata North

Council shoots down proposed Dymon Storage facility, ByWard Market hotel

City council has rejected a proposed zoning amendment that would have permitted a six-storey self-storage facility near Merivale Road

Thumbs up or down? Planning committee, NCC rule on city-wide development proposals

A series of developments including plans for a controversial hotel in the ByWard Market and LeBreton Flats received judgment in a busy week for city building

New Ottawa central library designs revealed; construction to start spring 2021

Ottawa residents got their first preview of the city’s new central library Thursday as officials revealed the design of the $192.9M project

Federal government consolidation, employment driving trends in Ottawa office market: reports

Two of the city’s largest brokerage firms released separate market outlook reports this week that highlighted the federal government’s central role in the city’s commercial real estate market

City staff support controversial four-building proposal in Sandy Hill

A local developer’s controversial plan to build four mid-rise apartment buildings that would add more than 300 rental units to a small Sandy Hill neighbourhood is set to go before planning committee

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