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.

Downtown Islamic centre poised for redevelopment

Non-Residential

The owners of the Islam Care Centre on Lisgar Street are proposing to demolish the century-old building and replace it with new place of worship

$18M overhaul slated for old EDC space

Non-Residential

A closely watched downtown office tower is undergoing a significant interior facelift before the space is returned to the market, according to municipal records. Daoust

Local retail vacancy falls

Non-Residential

Retail vacancy declined by 40 basis points in the second half of 2011 to reach 2.3 per cent, according to brokerage firm Cushman & Wakefield

Delcan receives $1.2M bridge replacement design contract

Construction

The Ottawa office of infrastructure engineering firm Delcan Corp. has landed a contract worth nearly $1.2 million from Public Works for design work to replace

Ottawa housing starts expected to decline

Construction

Despite a surge in housing starts this January and during the past year, a decline in new home In January, the seasonally adjusted, annual rate

McCormick Rankin wins Chaudière Crossing contract

Construction

The Ottawa office of a Canadian engineering consulting company has received the latest contract as part of the federal government’s efforts to rehabilitate several interprovincial

Association buys Montreal Road property

Construction

A local French-language organization displaced by the city’s light-rail project said it has acquired a vacant building lot in Vanier, where it plans to construct

Ottawa businesses court LRT bidders

Construction

Dozens of local construction firms, labour leaders and tech companies put their products and expertise on display Thursday, vying for work on the city’s $2.1-billion

Condo surge leads Ottawa housing starts

Residential

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

New government builds to add pressure to class-B landlords

Non-Residential

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