Kingston-based Homestead Land Holdings has filed a site plan for the proposed tower at 210 Clearview Ave., which would include 187 apartment units and about 27,000 square feet of amenity space such as patios and terraces on the building’s podium.
A prominent Eastern Ontario real estate developer wants to build a 25-storey rental highrise near Island Park Drive and the Kichi Zibi Mikan.
Kingston-based Homestead Land Holdings has filed a site plan for the proposed tower at 210 Clearview Ave., which would include 187 apartment units and about 27,000 square feet of amenity space such as patios and terraces on the building’s podium.
Homestead already owns a 26-storey residential highrise with 226 rental suites located on the east side of the 2.7-acre property. The company says it intends to construct the second highrise on the site of what is now a surface parking lot.
According to an application summary filed with the city, the new building would feature 56 one-bedroom units and 131 two-bedroom suites. The two buildings on the property would have a combined 232 underground parking spaces for residents and 18 spots for visitors.
City staff must approve the site plan before the project can go ahead. In October 2023, city council gave the green light to zoning and Official Plan amendments for a proposal that is “relatively unchanged” from the current plan, according to an urban design brief prepared for Homestead late last year by Fotenn Planning and Design.
It’s the latest local development project for Homestead, which operates 29 buildings in Ottawa and manages 26,000 apartment units in southern and Eastern Ontario as well as additional holdings in Calgary.
The company made headlines in the fall of 2023 when it purchased a 16-storey apartment highrise at 50 Laurier Ave. E. and 170-180 Waller St. from QuadReal Property Group and RBC Global Asset Management for $96 million. The deal was one of the biggest residential real estate transactions in recent Ottawa history. 
