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.

City declares default on Strandherd bridge contractor

Construction

The City of Ottawa will use a $23-million performance bond to see the construction of the Strandherd-Armstrong Bridge through after declaring the general contractor, ConCreate

UPDATE 2: Concrete woes halt footbridge construction on parkway

Construction

Disintegrating concrete on a $5-million pedestrian bridge in progress over the Airport Parkway may delay construction for another full season, according to the area councillor.

Community housing group seeks mortgage refinancing

Non-Residential

“A need for significant capital repair”, coupled with a lack of money to deal with it, is prompting the Ottawa Community Housing Corp. to ask the

Kimco buys $16.4M interest in Orleans shopping mall

Non-Residential

Kimco Realty Corp. has purchased a 50-per-cent ownership interest in the Orleans Gardens Shopping Centre for $16.4 million. The centre’s existing owner was North American Property

Remedies available if bridge construction slips: city

Construction

A day after announcing the receivership of Strandherd-Armstrong Bridge general contractor ConCreate USL, a city general manager emphasized Wednesday that there are remedies in place

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