Ottawa’s Sleepwell plans $1.8M in upgrades to growing Pembroke portfolio
An Ottawa property management firm says it plans to spend $1.8 million renovating its recently acquired Pembroke properties in a project the company’s president said
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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.
18% of federally owned buildings in Ottawa in critical or poor condition
Nearly one in five federally owned buildings in Ottawa are listed in critical or poor condition, according to the government’s own list of its buildings, the Directory of Federal
Parliament sightline rules could prevent taller Ottawa towers
A proposed towering condominium in Lebreton Flats encountered some pushback this month, thanks to a decades-old rule restricting buildings from blocking views of Parliament Hill.
NCC’s vacancy rates in Ottawa-Gatineau drops to ‘historic’ lows
A National Capital Commission official says taking a more “business-based approach” to commercial leasing has helped the Crown corporation reduce its vacancy rates. The NCC
Ottawa construction permits jump 22% in 2016
Propelled by several large condo and apartment projects, as well as the ongoing work on the city’s light-rail line, Ottawa’s construction sector fell just shy
Planning committee approves two midrise towers for Bronson and Carling
A stretch of Bronson Avenue south of the Queensway is set for a major facelift after the City of Ottawa’s planning committee has unanimously approved
Ottawa industrial vacancy rate inches up to 5.1%
Vacancies in industrial properties across Ottawa may have creeped up at the end of 2016, but a “surge” in companies looking for new space has
Downtown Ottawa office vacancy rates inch up despite growing government
An anticipated drop in office vacancy rates failed to materialize last year, despite a massive increase in government spending and the local hiring of thousands
Twelve-storey student residence proposed for Bronson and Carling
A student residence developer is proposing a 12-storey, 172-unit tower a kilometre north of Carleton University, near the intersection of Bronson and Carling avenues. If
Feds budget up to $5M for latest upgrade to Cliff heating plant in Ottawa
The federal government says it’s planning another major overhaul of the central heating and cooling plant that serves dozens of downtown Ottawa buildings. Public Works
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