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.

TCU Development partners with Fiera Real Estate to develop former Mandarin Ogilvie site

Ottawa-based TCU Development Corp. is teaming up with a Toronto developer to construct a 271-unit rental apartment complex in the city’s rapidly growing Cyrville neighbourhood.

PM announces eight affordable housing projects in Ottawa under Build Canada Homes program

Prime Minister Mark Carney announced Thursday that eight affordable housing projects creating more than 1,100 rental homes...

Family plan: Shabinsky-led Glenview Homes launches expansion to Texas

Glenview Homes co-founder and executive director Jake Shabinsky told OBJ Wednesday his firm has hired veteran Houston-based developer Blake Roberts to head a new subsidiary in Texas’s largest city.

Industrial rents fall slightly in Q1 as Ottawa market shows ‘signs of stabilization’: Colliers

Ottawa’s industrial market is “showing signs of stabilization” after several years of rapid growth, a new report...

House prices to increase 2% in Ottawa this year, Royal LePage forecast says

The aggregate price of a home in Ottawa will increase two per cent in the fourth quarter...

Markham developer plans three-storey ‘wellness spa’ next to Brookstreet Hotel in Kanata North

The city’s planning and housing committee has approved a zoning amendment to allow a “destination wellness spa”...

‘You have to be creative’: The long, winding road to converting 360 Laurier Ave. into apartments

At first glance, the terrazzo tiles in the lobby of an 11-storey apartment complex at 360 Laurier...

City committee gives green light to ‘landmark’ two-tower development in Centretown

A proposal to build two “landmark” highrises in Centretown has been approved by the city’s planning and housing committee.

Minto boss wants to see more ‘creative solutions’ as developers grapple with rising costs, fees

Even as inflation, taxes and other worries occupy much of his head space, Minto Group CEO Michael Waters says he remains optimistic that industry and government can find solutions if they put their heads together.

‘We were unable to grow’: Michael Waters on why it was time to take Minto Apartment REIT private

Minto Group chief executive Michael Waters probably speaks for most people in his industry when he offers...
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The narrative surrounding the Canadian tech sector often focuses on boom-and-bust cycles, brain drain, or the historical demise of past giants. But the numbers tell a different story. Driven by evolutionary waves from telecommunications to software-as-a-service, quantum computing, and artificial intelligence, the national technology ecosystem has quietly produced remarkable long-term enterprise value. New research shows that Ottawa tech unicorns have produced at least one billion-dollar firm every single decade, making it the highest per-capita producer of unicorns in the country. Moreso, local tech ventures account for a staggering three-quarters of all-time wealth creation in Canadian tech history, driving $1.4 trillion in wealth over the past 36 years. In this episode of Techopia Live, OBJ publisher Michael Curran celebrates Ottawa Innovation Week by speaking with tech veteran Sasha Gera, chief operating officer of HealWell AI. Gera shares his research and insights from his newly launched ledger, Unicorn North, highlighting how Ottawa stacks up against other major Canadian cities and why it remains the most productive, distraction-free destination for building sustainable, hundred-year companies. Chapters: 00:00 Intro 02:22 Introducing Sasha Gera 14:45 Sponsor Segment 17:57 Innovation Week 25:15 Closing and What’s Ahead at OBJ For more on Ottawa’s tech and innovation scene, visit https://obj.ca/techopia Subscribe to Techopia’s weekly newsletter here: https://obj121.activehosted.com/f/5
Techopia: Is Ottawa the country’s biggest tech wealth generator? | Episode 298

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