The Ottawa-based real estate investment trust said its funds from operations – a key cash-flow metric – rose 12.3 per cent in the third quarter compared with a year earlier.
Trinity Development Group
Ottawa-based firm said its funds from operations – a key cash-flow metric – rose 16.5 per cent compared with the second quarter of 2020 to $17.8 million.
Ottawa developer best-known for building and managing rental properties bought out Trinity Development Group's share of project last year.
Blueprint would see 4,000 housing units and nearly a million square feet of retail and office space built over the next 35 years at LeBreton Flats, along with more than 30 acres of parks.
Chicago-based firm has purchased a 47.5 per cent interest in development that will see a pair of 25-storey highrises constructed at the corner of Rideau and Chapel streets.
Developer is proposing a nine-storey mixed-use building that will incorporate the shuttered 1930s-era gas station at 70 Richmond Rd. into the design.
The proposed towers are part of Claridge’s East Flats project, which calls for up to five highrises that will include more than 1.5 million square feet of residential space.
A series of developments including plans for a controversial hotel in the ByWard Market and LeBreton Flats received judgment in a busy week for city building
The site of a proposed three-tower development atop a forthcoming LRT station might soon receive heritage status to ensure it’s preserved
Despite a wave of new projects, local developers say they have no plans to scale back apartment construction in 2020 as demand for units continues to rise