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.

UPDATE: Strandherd bridge contractor in receivership

Construction

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

Non-Residential

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?

Non-Residential

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

Non-Residential

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

Non-Residential

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

Residential

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

Residential

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

Construction

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

417 widening to be folded into LRT project

Construction

The contract to build Ottawa’s light-rail line is slated to become far more lucrative for the successful bidder. City staff are now proposing to bundle

Public Works preps for watermain reconstruction

Construction

The federal government is looking for construction companies to complete a six-figure reconstruction of the watermain servicing the Cliff Heating and Cooling Plant. Solicitation documents