Kimco buys $16.4M interest in Orleans shopping mall
Kimco Realty Corp. has purchased a 50-per-cent ownership interest in the Orleans Gardens Shopping Centre for $16.4 million. The centre’s existing owner was North American Property
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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.
Remedies available if bridge construction slips: city
A day after announcing the receivership of Strandherd-Armstrong Bridge general contractor ConCreate USL, a city general manager emphasized Wednesday that there are remedies in place
UPDATE: Strandherd bridge contractor in receivership
A group including the general contractor for Ottawa’s Strandherd-Armstrong bridge was at risk for abandoning construction projects unless it filed for receivership, according to court
Public Works seeks 64,000 square feet of space
Public Works is looking for “contiguous warehouse and special-purpose space” in a building in Ottawa’s east end. Local landlords and developers had less than two
What makes a mixed-use development work?
When Morguard Investments first presented plans in 2005 for its new tower at the corner of Elgin and Gloucester streets, the company proposed what would
Association releases site plan for $25M office building
After being displaced from its property to make way for light-rail construction, a French-language association has submitted a site plan for the facility that will
Les Promenades gets new owners
Gatineau’s largest shopping mall, Les Promenades de L’Outaouais, has changed hands to a dual ownership by Oxford Properties Group and investment firm Montez Corp. The 835,000-square-foot
Ottawa housing starts up 6% in February
Rowhouse starts were the engine behind a 5.7-per-cent rise in overall Ottawa housing starts in February, according to the Canada Mortgage and Housing Corp. The
Ottawa resales up 7% in February
Ottawa Real Estate Board members sold 1,009 houses and condominiums in February, an increase of 7.3 per cent over last year. The average sales price
Construction permits up 11% in January
The value of local construction permits was up $2 million, year-over-year, in January, according to municipal records. The city issued 483 permits with a combined
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