Real Estate

The construction industry is short tens of thousands of workers, and experts say a coming wave of retirements could make the problem worse.

This interview with Hugh Gorman, CEO at commercial property manager Colonnade BridgePort, appears in the 2023 Welch LLP Business Growth Survey report.

Brigil says its proposal to build more than 1,000 residential units on Catherine Street has received “positive” feedback from residents – but a downtown business advocate worries the project’s retail component could struggle on a street where parking is at a premium.

Gatineau-based Brigil says it plans to build three highrises ranging from 26 to 40 storeys at the site of the former Greyhound bus terminal on Catherine Street.

With the Ottawa Senators’ ownership situation seemingly now settled, speculation is turning to where the team’s next home rink might be located – and the concept of building a new arena in the heart of downtown is gaining steam.

A growing wave of intensification near LRT stations in Ottawa’s east end is poised to continue with a plan to build a hotel near the Taylor Creek Business Park in Orléans.

Windmill Development Group says it’s working on a proposal that would see a nine-storey condominium with about 100 units constructed next to the 123-year-old church on Chapel Street.

The CMHC is worried housing affordability will deteriorate unless the country acts on supply challenges and other housing measures soon.

Proveras Commercial Realty announced Thursday that the 54-year-old Hamilton has joined the firm as its newest partner, bringing 30 years of commercial real estate experience to a firm that already includes well-known brokers Alan Doak, Nick Maiorino and Bruce Wolfgram. 

The annual pace of housing starts in Ottawa-Gatineau plummeted 71 per cent in May as new builds of condos, apartments and other types of multi-unit housing projects fell sharply, the Canada Mortgage and Housing Corp. reported Thursday.