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.

Conference Centre upgrades to cost $91M

Construction

Public Works is soliciting bids for an estimated $91 million rehabilitation of the Government Conference Centre in the city’s former downtown train station on Rideau

Industrial vacancy rate to decrease: brokerage firm

Non-Residential

With minimal space expected to come onto the market in the next six months, Ottawa’s industrial vacancy rate is likely to trend downwards over the

Starwood still seeking 36-storey Little Italy condo

Residential

After two years of wrangling over the height of a proposed tower on Preston Street, just north of Carling Avenue, city officials and the developer

Greely firm wins $16M Lansdowne contract

Construction

Ottawa firm D&G Landscaping has beat out three other qualified bidders to win the right to build the urban park that’s part of the City of Ottawa’s

Price-sensitive tenants sticking to suburbs: Colliers

Non-Residential

Ottawa’s suburbs were “abuzz” with office leasing activity in the second quarter, in contrast with a slowing downtown market, according to local brokerage firm Colliers

Carling building finally coming down

Construction

After sitting empty for four years, a decrepit federal office building near Dow’s Lake is finally being dismantled, according to Public Works. The demolition of

Ottawa home prices inch up: Royal LePage

Residential

Ottawa homeowners saw a modest increase in the price of their properties over the last year, according to a new survey from Royal LePage. The

Housing starts up 4.5% in June

Residential

Housing starts in Ottawa rebounded in June after a marked decline in May, but were still up only slightly over the same period in 2012

Brigil inches ahead with St. Laurent apartment project

Residential

A Gatineau-based homebuilder is preparing to present updated plans to nearby residents for a 12-storey apartment building on St. Laurent Boulevard, according to the city’s

Claridge proposes demolishing Union of Canada building

Non-Residential

The developer with plans to turn the Union of Canada building in the ByWard Market into a hotel now wants to raze it instead, city