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.

Corporate Research Group fined $125K in bid-rigging case

Non-Residential

The Competition Bureau has fined the Corporate Research Group Ltd. $125,000 after the firm, one of Ottawa’s largest real estate consultants, pleaded guilty to a

Domicile files site plan for Vanier tower

Construction

Ottawa’s Domicile Developments is ironing out the details for a mixed-use tower at a site close to Beechwood Cemetary, in Vanier. Zoning concerning the condo

Bank of Canada lease expected by year’s end

Non-Residential

A Crown corporation and government department could lease more than 370,000 square feet of downtown office space before the end of the year, according to

Broccolini buying Alterna land

Non-Residential

A coveted downtown development site, adjacent to property expropriated by the city for Ottawa’s light-rail line, is expected to be purchased by a major developer

Claridge files Preston rezoning request

Residential

Claridge Homes is taking a formal step towards building the tallest tower in the city. City records show the developer has applied to rezone its

2M square feet of government buildings to be sold

Non-Residential

Public Works plans to dispose of 14 government-owned buildings in the National Capital Region in the coming years, according to an internal government report. That

Construction activity up 7.6%

Construction

The overall value of local construction permits increased by 7.6 per cent year-over-year in June, even though the number of permits was down by 13.4

Subcontractors steaming over Strandherd-Armstrong Bridge project

Construction

Incomplete construction projects across the country abandoned by ConCreate USL Ltd. Partnership following its bankruptcy protection filing have been handed to Horseshoe Hill Construction Inc.,

Construction permits jump 13% in May

Construction

Construction intentions took another year-over-year leap in May as the value of permits issued hit a five-year high for the month, according to municipal records.

Condos push housing starts up 4% in June

Residential

Growth in apartment-style housing starts pushed the overall Ottawa market up almost four per cent in June, according to recent numbers. The Canada Mortgage and