Condo surge leads Ottawa housing starts
A more than four-fold increase in apartment-style housing starts boosted the overall numbers year-over-year in January, according to the Canada Mortgage and Housing Corp. 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.
New government builds to add pressure to class-B landlords
With the first of five new government office buildings scheduled for completion this year, local real estate observers are watching which departments are starting to
Home prices up 5.6% in January
Local home prices continued to outstrip the rate of inflation last month as the average residential resale price climbed 5.6 per cent to hit $349,415,
Feds renew Centennial Towers lease with Morguard
The city’s largest private-sector landlord has renewed a lease with the federal government for more than 378,000 square feet inside a downtown office tower, according
Macdonald-Cartier Bridge rehab contract awarded
MMM Group Ltd. and CIMA+ SENC garnered a $1.8-million engineering design contract to rehabilitate the Macdonald-Cartier Bridge. The contract, stated Public Works in a press release,
Construction permits soar 132% in December
The value of local construction permits jumped by $150 million, year-over-year, in December, according to city records. Municipal officials issued 681 permits, with a total
U of O fast-tracks new sports stadium
University of Ottawa officials intend to kick off bidding to construct a new $8-million sports stadium in the coming weeks with an aggressive goal of
Feds to solicit bids for bridge upgrades
Local construction companies will soon have an opportunity to bid on rehabilitating three interprovincial bridges in the National Capital Region, the federal government announced Tuesday.
Longevity key in winning light-rail work: industry rep
Local businesses vying for contracts on Ottawa’s $2.1-billion light-rail line should showcase their stamina when pitching to the prime contractors and their partners, says one
Competition heats up downtown as Morguard launches build
Additional inventory to put downward pressure on rents, observers predict One of the city’s largest landlords is pushing ahead with construction of a 22-storey office
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