McCormick Rankin to design underpass improvements east of Ottawa
Engineering firm McCormick Rankin has received a contract from the provincial government worth close to $400,000 to help fix an underpass east of downtown Ottawa.
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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.
Condo investors cast shadow over housing market
Threat to market stability debated By Mark Brownlee. Cranes and construction crews have been a constant presence along Ottawa’s skyline in recent years as parking
Gatineau Cégep plans $10M construction project
One of the largest colleges in Gatineau is planning a $10-million upgrade to its campus. The Cégep de l’Outaouais closed a construction tender on March
Claridge gets nod to build Ottawa’s tallest tower
A committee of city councillors has given Ottawa developer Claridge preliminary approval to construct the city’s tallest building in the south end of Little Italy.
Housing starts up 18% in March
The number of housing starts in Ottawa rose 18 per cent in March compared to the year previous, according to numbers released Tuesday by Canada’s
Construction permits down 29.4%
Construction intentions in Ottawa dipped sharply in February, with residential projects accounting for a large proportion of activity in the sector. A total of 420
Home sales down 15.9% in March
Local home sales in March fell to the lowest level since 2009, even as average prices closed in on an all-time high, according to statistics
Ogilvy building demolition to cost $2.7M
Tearing down the former Ogilvy’s department store will cost the owners of the Rideau Centre approximately $2.7 million, according to municipal records. By Kane Van
Minto, Urbandale re-enter crowded condo market
It’s been almost a decade since one of Ottawa’s largest homebuilders completed its last high-rise condo, the Metropole. By Mark Brownlee. For years after opening
InterRent purchases $24M Burlington property
An Ottawa-based real estate investment trust is continuing a streak of acquisitions with the purchase of a $24-million residential property in Burlington, Ont. InterRent REIT
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