Feds front Mastercraft Starwood $86.4M for Ottawa rental tower
Excavation work recently began on the 30-storey, 250-apartment Soho Italia mixed-use building on Preston Street, just north of Carling Avenue.
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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.
ML Devco, main + main plan three-tower development at Vanier ‘gateway’
Project located on site of former gas station, Eastview Shopping Centre
EllisDon, PCL and Pomerleau shortlisted for new central library construction
Shoring, excavation and site remediation work slated to start this fall, with main construction to begin in summer 2021.
Larco’s updated Château Laurier design wins support from mayor, Heritage Ottawa
Planners representing hotel owner have said the extension is necessary for the hotel to continue competing in Ottawa’s hospitality market.
Minto REIT sees rental revenues grow; plans to reposition furnished suites amid declining demand
Ottawa-based real estate firm says the ‘vast majority of residents have continued to pay their rent on time during the pandemic.’
Commercial buildings must modernize to keep up with tenant requirements
Upgrades will ‘transform’ 1 Nicholas St. office tower for tenants.
Ottawa-Gatineau housing starts up 9% in July, CMHC says
Continuing a recent trend, most of the year-over-year increase was driven by construction on the Ottawa side of the river, where overall starts jumped 24
Summer buying boom turns up the heat on Ottawa’s housing market
The average sale price of a residential-class property was $585,084 last month, up a whopping 20 per cent compared with July 2019.
Builders add more parkland to Kanata Golf Course redevelopment plan
Controversial proposal now calls for slightly smaller housing footprint and more green space.
Developer proposes nine-storey apartment building in Vanier
Building near the northwest corner of Vanier Parkway and McArthur Avenue would feature 61 units in a mix of one- and two-bedroom suites.
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