Colonnade BridgePort targets 2025 start for Pickering Place, Scott Street projects

Ottawa firm's CEO says many development projects remain 'fragile' despite flattening construction costs and expected drop in interest rates

Colonnade BridgePort Pickering Place project
The first phase of Colonnade BridgePort's long-term mixed-use development project at 25 Pickering Pl. is expected to include two highrises with 500 rental units.

Colonnade BridgePort chief executive Hugh Gorman says the company has “five to 10 years’ worth” of multi-residential development projects in its pipeline and hopes to get a few of them off the ground later this year or early in 2025.

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