Higher condo prices helped fuel a modest increase in the average resale price of homes in Ottawa last month, according to data released by the
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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.
Tomlinson acquires Greenbelt, Graydex construction firms
R.W. Tomlinson Ltd. describes itself as a “prominent player in the eastern Ontario quarrying, construction, trucking and environmental industries,” according to its website. The Ottawa-based
Stantec consolidates in new Baseline development
One of the city’s largest engineering firms will consolidate its three local offices into a new mixed-use office and retail building next summer. Edmonton-based Stantec
City preps Lansdowne construction, remediation contracts
With a final legal judgment on the redevelopment of Lansdowne Park expected to be released Monday, the city is forging ahead with several contracts to
Orleans developer unveils plans for hotel, office space
Six years after entering a public-private partnership with the City of Ottawa, Forum Equity Partners Inc. announced Thursday plans to begin construction of a new
Amica ups stake in Westboro retirement home
Amica Mature Lifestyles has agreed to acquire an additional 73.5 per cent aggregate ownership interest in Amica at Westboro Park, a retirement community. The total
Tega scales back controversial Hintonburg condo project
The developer behind a proposed 36-storey condominium tower, which drew public condemnation from the head of the city’s planning committee and the surrounding community, is
Construction permits up 84% in March
Ottawa’s construction sector recorded its best first quarter in at least four years, according to municipal records. In the first three months of 2012, more
Next month, an Ottawa-based general contractor will start transforming a long-vacant Kanata warehouse into one of North America’s most advanced telecom research labs. MP Lundy
Office vacancies expected to rise
Office vacancy rates in Ottawa edged up slightly in the first quarter, but one local brokerage firm says the statistics don’t tell the full story
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