Real Estate

Coverage commercial, industrial and residential real estate, breaking news on land development, major projects, and trends impacting real estate in the Ottawa area.

Ottawa’s office vacancy rate to remain tight in 2020: Avison Young

Commercial tenants struggling to find room to grow in Ottawa’s tight office market likely won’t have a much easier task this year than they did in 2019, Avison Young forecasts

Turn down ByWard Market hotel application, city staff tell councillors

City staff are recommending councillors reject a proposed 17-storey hotel in the ByWard Market, arguing the project wouldn’t fit with planning and heritage policies for the Lowertown neighbourhood

‘Room for a lot more buildings’ in booming Ottawa rental market

Despite a wave of new projects, local developers say they have no plans to scale back apartment construction in 2020 as demand for units continues to rise

17-storey addition proposed for Laurier Avenue heritage building

A developer is seeking planning committee’s approval to build a 17-storey, 85-unit tower on the edge of Ottawa’s downtown core as an addition to an existing heritage building

Ottawa home prices up 5.3% in Q4 2019: Royal LePage

The median price of a bungalow in the capital shot up 10.1 per cent year-over-year to $501K in the quarter

Gatineau builders fuel surge of multi-res housing starts in December

Ottawa-Gatineau’s apartment-building bonanza continued to drive the local housing construction market in December, with the number of multi-unit starts nearly doubling year-over-year

Algonquin’s new Learning Centre takes continuing education to the next level

Hybrid applied learning comes together with world-class facilities at 700 Sussex Dr.

Colabor closing distribution centres in Ottawa and London, consolidating ops

Colabor’s Ottawa facilities are located at 100 Legacy Rd., a 103,000-square-foot site owned by Canadian Urban Ltd.

Loblaw to close ‘aging’ Ottawa distribution centre in 2021, affecting 230 workers

Grocery chain Loblaw Co. Ltd. announced Tuesday it is winding down operations at its Ottawa distribution centre on Sheffield Road

‘Our new reality’: Higher Ottawa housing prices projected in 2020

A busy December for members of the Ottawa Real Estate Board is a sign of things to come in the new year, according to the organization's incoming president
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Ottawa is evolving fast. Key developments are impacting all sectors and sizes of business, from AI, innovation and talent to city building and global competitiveness. Who’s making sure business has a strong voice at every decision table? The Ottawa Board of Trade. Join the Ottawa Business Journal publisher Michael Curran and OBOT president and CEO Sueling Ching for a dynamic conversation about how OBOT is shaping Ottawa’s economic future, and how business leaders can leverage their network, influence, and momentum to grow. What you will learn: -- How OBOT advocacy helps shape pro-growth policy, investment, and city-building decisions that strengthen the region’s economy. -- The tables, events, and networks where decision-makers meet, partnerships form, and ideas become action. -- How OBOT equips businesses with visibility, market intelligence, influence, and relationships that drive growth year-round.
Ottawa Board of Trade: Powering Ottawa’s Future to Influence to Connect to Grow

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