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What to watch in Ottawa real estate in 2019
Dec 29, 2018
How close are we to a new downtown build? Does Amazon’s arrival signal greater demand for industrial space? And what will a growing federal government be looking for in 2019?
Ottawa Real Estate Show: Tightening vacancy adds pressure for next downtown office build
Oct 24, 2018
The Ottawa Real Estate Show broadcast a series of interviews from this year's Ottawa Real Estate Forum covering office vacancy rates, the industrial market and development opportunities.
Ottawa Real Estate Show: LRT expected to raise demand for east-end office space
Oct 15, 2018
With development land and existing buildings in close proximity to several east-end light-rail stations, some say government and private-sector tenants could soon be giving the area a closer look.
Ottawa Real Estate Show: Armed with IPO proceeds, Minto eyes intensification opportunities
Sep 25, 2018
TSX listing gives Minto access to capital that will fuel its expansion, CEO says.
Watson promises to cut patio fees, boost Invest Ottawa funding in re-election bid
Sep 16, 2018
Other promises include increased funding for the Ottawa Film Office, better rural cycling routes.
Vacant industrial land in Ottawa hits all-time low: City
Aug 27, 2018
Experts say scarcity of existing buildings could spark speculative builds.
Carlingwood Shopping Centre to demolish former Sears space
Aug 22, 2018
Sears previously occupied more than a third of Carlingwood's leasable space.
Broccolini breaks ground on Amazon’s huge new Ottawa distribution centre
Aug 20, 2018
Broccolini recently finalized its financing of the $200-million project, which will be led by a syndication between National Bank and Otéra Capital.
Ottawa Real Estate Show: Restaurants, service centres expected to open near Amazon warehouse
Aug 7, 2018
Broccolini is already fielding inquiries from businesses interested in setting up shop near the massive facility
Ottawa cleantech firm Clearford doubles Q2 loss
Aug 2, 2018
Traditionally a provider of decentralized sewage systems, Clearford has started to sell a full suite of water and wastewater solutions to municipalities and private developers – much like a utilities…
New towers, preservation of heritage buildings, planned for Booth Street
Jul 30, 2018
The federal custodian of a disused laboratory complex in central Ottawa plans to rezone the property to permit a handful of new towers, rising up to 24 storeys, in advance of selling the land to…
Ottawa Real Estate Show: KRP Properties eyeing new build ‘sooner than later’
Jul 24, 2018
Building would likely be on Terry Fox Drive, where the firm owns development land adjacent to the Stealth Building, home to Huawei, March Networks and other tenants.
Broccolini to break ground on massive Ottawa Amazon warehouse in coming days (updated)
Jul 10, 2018
Amazon expected to hire 600 employees, while construction is predicted to involve some 2,000 workers.
Grocery store expected to spark new development in Greely
Jun 18, 2018
Greely has been one of Ottawa’s fastest-growing communities over the past decade
Ottawa Real Estate Show: Dogs in the office? Ottawa landlords wooing tech tenants through flexibility
Jun 14, 2018
The growth of urban tech tenants is reshaping the commercial real estate market in Ottawa’s central business district, which has traditionally been dominated by the public sector and professional…
Zibi gets nod for $61M in municipal fee and tax breaks to defray cleanup costs
Jun 5, 2018
'The economic benefits to the city (of the redevelopment) speak for themselves,' said Zibi Canada president Jeff Westeinde.
Amazon distribution centre to fill massive new Ottawa warehouse: report
May 24, 2018
Proposed one-million-square-foot facility at Boundary Road and Highway 417 would be the largest warehouse in the National Capital Region
Feds, tech firms on ‘collision course’ for downtown Ottawa office space
May 17, 2018
Tech firms now occupy more real estate in the core than the legal and accounting sectors
Cannabis startup NordikLeaf plans to be first licensed pot grower in urban Ottawa
May 15, 2018
Firm is planning to construct a 50,000-square-foot growing area capable of producing 13,000 kilograms of cannabis annually.
Broccolini to spend up to $200M on massive new distribution centre in southeast Ottawa
May 11, 2018
Facility is designed to accommodate up to 1,000 employees between two shifts.
Orléans postpones vote on Ottawa chambers of commerce merger
May 10, 2018
The Ottawa Chamber of Commerce and West Ottawa Board of Trade have said they plan to pursue a merger with or without Orléans.
Ottawa Real Estate Show: First Zibi residents to start moving in this fall
May 9, 2018
'The west side of downtown is going to redefine our city'
City staff recommend against connecting LRT to Kanata Research Park
Apr 30, 2018
Staff argue that running rail along March Road through the Kanata Research Park would result in higher construction costs and longer travel times for other commuters.
Feds signal potential interest in resuming growth in downtown Ottawa office market
Apr 26, 2018
Market began to loosen several years ago as the Conservatives cut spending and civil servants were moved into buildings elsewhere in the National Capital Region, such as the Ottawa Train Yards.
Trinity, Timbercreek buy central Ottawa properties in Main and Main portfolio purchase
Apr 16, 2018
The transaction, along with this month's $68M Investors Group portfolio sale, bolsters case for another strong year in Ottawa's commercial real estate sector.
Ottawa’s Intouch swings to 2017 loss amid ‘aggressive’ software push
Apr 2, 2018
The firm said it’s investing in new products that it believes will lead to higher recurring revenues in the future.
Fiera buys Kanata North properties for $74.1M
Mar 28, 2018
Colonnade Bridgeport receives management contract
Ottawa Real Estate Show: Constitution Square purchase a ‘homecoming’ for Canderel
Mar 23, 2018
Brokers remain ‘bullish’ on Ottawa investment market outlook
What the 2018 federal budget means for Ottawa
Feb 27, 2018
Federal Liberals pledge money to improve procurement, NCC assets
Developer adding condos to edge of Kanata North Business Park
Jan 24, 2018
Project marks Serenity Design & Development's first foray into residential construction.
‘Ottawa 4.0’: Where Invest Ottawa’s CEO wants to take the capital in five years
Jan 17, 2018
CEO Michael Tremblay's goals are to create more “sustainable,” high-value jobs in Canada’s capital and build greater global awareness that Ottawa is “the best place to live and work.”
Fashion retailer Aubainerie expands to Ottawa with $2M Place d’Orléans store
Jan 12, 2018
AUB44 will occupy some 24,000 square feet in east-end mall.
Morguard expands Ottawa footprint with $42.5M purchase of Capital East Business Centre
Jan 10, 2018
“Acquisition opportunities like (this) do not come up often.”
Overnight tourist visits to Ottawa jump 5.5% on strength of Canada 150 celebrations
Dec 21, 2017
The Conference Board of Canada projects that this year's tourism gains will be sustained through 2018.
Ottawa city council sticks to 2% tax hike after ‘surprise’ $10M appears
Dec 13, 2017
The unexpected announcement at the start of Wednesday’s council meeting scuttled an expected showdown between the mayor and a group of eight councillors who wanted to raise property taxes by an…
Ottawa’s Clearford deepens reach into India with new clean-tech contracts
Dec 11, 2017
Local firm is also working with infrastructure arm of Indian conglomerate Tata Group to identify new projects
‘Forgotten’ Orléans business community asks city for east-end startup incubator
Dec 6, 2017
Municipal councillor disagrees with suggestion that the city has neglected Orléans.
Invest Ottawa to narrow focus on globally competitive tech firms
Nov 23, 2017
In preview of new strategic plan, CEO Michael Tremblay said organization should avoid putting too many resources behind locally oriented companies.
Recap: Ottawa’s business champions fêted at BOBs awards gala
Nov 15, 2017
Video, highlights and reactions from Ottawa's premier business event of the year
Revenues at Ottawa clean-tech firm Clearford fall 15% in Q3
Nov 9, 2017
Toronto subsidiary remains a bright spot as Ottawa firm continues to tout turnaround plan
Feds eye greater role for private landlords to meet office space needs
Oct 26, 2017
Top federal real estate official says he's 'highly supportive of a movement towards leasing,' rather than owning, office space.
Trinity to break ground on $400M Albert Street skyscraper project in coming days
Oct 24, 2017
Doran Construction tasked with $10.7M first phase to relocate utilities.
Nordik Spa-Nature aims to attract more tourists with 60-room hotel
Oct 4, 2017
The Chelsea facility currently attracts more than 200,000 guests a year, approximately 25 per cent of whom are out-of-town visitors to the region.
Do U.S. tech job-seekers really prefer Ottawa over Toronto?
Oct 4, 2017
Not really, but city still cheers job site’s findings
New Ottawa Senators boss Anselmi makes pitch to business community
Sep 12, 2017
Move to LeBreton Flats ‘hopefully’ four or five years away
Extended Stay hotel, Rideau Street LCBO land sales lead first-half Ottawa investments
Aug 21, 2017
Despite a soft Q2, several large-scale office and retail transactions are expected to close before the end of the year and give a significant boost to the city’s 2017 totals.
Carleton Place pot firm RockGarden prepares for first crop
Aug 18, 2017
Growing concentration of cannabis firms west of Ottawa expected to help attract skilled workers
Ottawa-Gatineau unemployment rate rises for fourth straight month to reach 6.3%
Aug 3, 2017
Loss of 3,600 jobs is the region's largest one-month decline since November 2015.
Ottawa VC, private equity investments drop 4% in first half of 2017
Aug 2, 2017
First-half total is roughly on par with the average level of the preceding five years.
Shopify records ‘stunning’ Q2 as Ottawa e-commerce firm surpasses 500K merchants
Aug 1, 2017
CFO Russ Jones announces retirement
BluMetric gains traction in Central America with $1M in contract wins
Jul 26, 2017
During the first six months of its current fiscal year, BluMetric recorded $15.4 million in domestic sales, compared to only $120,000 in international markets outside the United States.
Techopia Live: HackerNest preview + foreign entrepreneurs’ view of Ottawa
Jul 25, 2017
On this week’s episode of Techopia Live, we spoke to two of the city’s transplanted entrepreneurs: France’s Eric Lavost, the founder of Eazylang, and TokenPet founder Flávio Banyai, who’s originally…
Gatineau pot producer Hydropothecary ramps up expansion plans
Jul 24, 2017
With legalization expected to put pressure on prices, local firm among industry leaders in controlling costs per gram.
Ontario premier tours BlackBerry QNX Kanata facility
Jul 21, 2017
Local economic development officials used the premier’s visit to draw attention to the city’s talent pool and high-tech ecosystem.
DragonWave shares plunge following Q1 earnings, questions about Ottawa firm’s future
Jul 13, 2017
As its losses continue to mount, Ottawa telecom firm DragonWave (TSX: DRWI
Homebuilder Mattamy buys 14 acres in former CFB Rockcliffe in Ottawa
Jun 20, 2017
With the first new homes at the former Canadian Forces Base Rockcliffe under construction and slated for occupancy later this year, another major homebuilder has secured a stake in the ma
In battle against Uber, Ottawa taxi operators push mobile ride-hailing apps
Jun 12, 2017
As traditional taxi companies adjust to competing against ride-hailing services such as Uber, an Ottawa taxi brand is releasing a new app that it says offers a new way of booking rides.
Federal hiring wanes as Ottawa-Gatineau unemployment rate rises to 5.7%
Jun 9, 2017
A contraction in Ottawa’s construction sector in May contributed to the region’s unemployment rate rising for the second straight month, Statistics Canada reported Friday.
Trump travel ban raising interest in Ottawa among event organizers: Shaw Centre CEO
Jun 6, 2017
Donald Trump’s threats to bar travellers from several Middle Eastern and African states from entering the United States is causing some conference planners to consider moving their events
Rising business confidence in Ottawa to spark hiring, survey suggests
Jun 6, 2017
In a sign of growing confidence in the local economy, hundreds of Ottawa business owners and managers say they plan to hire new employees over the next 12 months, according to a new repor
Ottawa real estate market hits new highs in May
Jun 2, 2017
The 2,300 properties sold last month ‘blows the previous record out of the water,’ Ottawa Real Estate Board says
With future of Ottawa’s Clearford in doubt, Rod Bryden steps down as chair
May 31, 2017
Unprofitability, cash-flow concerns cast 'significant doubt about the company’s ability to continue as a going concern in the near term'
Ottawa tech trailblazer Antoine Paquin remembered as an ‘inspiration’ for entrepreneurs
May 29, 2017
Business executives from Ottawa and around the world are paying tribute to Antoine Paquin, a serial entrepreneur at the forefront of the city’s telecom boom in the ’90s who remained a lea
Think big, start small and move fast: Keys to innovation from Mitel’s McBee
May 19, 2017
The key to innovation isn’t building a perfect product. It’s solving a customer’s problem – specifically a problem they’re willing to pay you to solve.
After connecting global broadcasters, Ottawa tech firm VideoShip looks to local media
May 12, 2017
As it builds a video technology firm that already helps CNN, CBS and broadcasters from South America to east Asia transfer news clips, Ottawa-based VideoShip is turning its attention to helping sma
Calian buys Ottawa-based ISR, gaining presence in Dubai and Netherlands
May 10, 2017
Second-quarter profit rises to $4.2M
More gardens, greenspace and transit: NCC releases 50-year plan for the capital
May 9, 2017
The National Capital Commission released a new long-term vision for Ottawa-Gatineau on Tuesday, drawing praise from local business leaders for its potential to help attract tourists and s
Gatineau mayor touts city as ‘exceptional economic partner’ to Ottawa businesses
Apr 11, 2017
Gatineau’s mayor made a direct pitch to Ottawa businesses Monday by asking them to consider his city’s bilingual workforce, development opportunities and other assets in their growth plans.
What the 2017 federal budget means for Ottawa
Mar 22, 2017
Easier access to government contracts, energy efficiency retrofits of federal buildings and the prospect of funding for the second stage of Ottawa’s light-rail network were among the highlights of
Outdoor NHL game will ‘change the way people think about Ottawa’
Mar 17, 2017
Years of lobbying for an outdoor NHL game in Canada’s capital, coinciding with the country’s 150th anniversary, came to fruition Friday when league commissioner Gary Bettman officially announced th
Feds’ hiring binge pushes Ottawa-Gatineau unemployment rate to five-year low
Mar 10, 2017
The federal government’s local hiring spree showed no signs of stopping last month as higher public-sector employment pushed the local unemployment rate down to its lowest level since August 2011,
Groupe Lepine sells final Kanata Lakes apartments, bringing total to $250M
Mar 3, 2017
Nearly seven years after starting construction on one of Canada’s largest new purpose-built rental developments in a generation, an Ottawa developer has finalized the sale of the project’s final tw
Ottawa patio operators poised to get financial break from city
Mar 2, 2017
Ottawa businesses that operate patios on municipal property could see their summer rental fees slashed by 22 per cent under a plan endorsed by the city’s transportation committee Wednesday.
City returns $26M in Ottawa property tax adjustments
Mar 2, 2017
Ottawa ended 2016 with a $5.4-million surplus even as a growing number of tax-assessment appeals put a major dent in the city’s finances.
People on the move: U.S. lawyer Leonard Gold joins Perley-Robertson, Hill & McDougall
Feb 28, 2017
Leonard M. Gold has joined Perley-Robertson, Hill & McDougall LLP/s.r.l. as a foreign legal consultant. Mr.
Ottawa solar energy co-op looks to raise $2M in latest offering
Feb 28, 2017
An Ottawa-based renewable energy organization is looking to raise a fresh round of financing so it can expand its number of solar power installations across eastern Ontario.
Federal contracts: Gatineau’s Defran wins $3.1M Place du Portage refit job
Feb 27, 2017
The federal government has awarded a multimillion-dollar contract to a Gatineau contractor to refit two floors of a large office complex for the Department of Employment and Social Development Cana
Making sense of Elgin Street's rapidly changing face
Feb 24, 2017
If you think Elgin Street just ain’t what it used to be, you’re not imagining things.
Ottawa’s inflation rate jumps to 1.9% in January
Feb 24, 2017
Inflation in the nation’s capital accelerated last month, reaching an annualized rate of 1.9 per cent, Statistics Canada reported Friday. That’s up from 1.4 per cent last month.
Who’s winning government contracts in Ottawa and Gatineau?
Feb 23, 2017
Maplesoft, Randstad and IBM are among the local firms and operations that won federal contracts, standing offers and supply arrangements between Jan. 30 and Feb. 5.
Hats off: Leading Orléans businesses honoured
Feb 22, 2017
The Orléans Chamber of Commerce recently held its annual Business Excellence Awards. The recipients included Jeremy Ash of C.C.
‘Princess of pot’ opens Ottawa cannabis store
Feb 22, 2017
One of Canada’s most prominent cannabis activists opened a retail outlet on Bank Street Wednesday in the latest challenge to the country’s marijuana laws.
Ottawa ranks 4th-worst in congestion among Canadian cities
Feb 21, 2017
If you think you spend a disproportionate amount of time fuming about bumper-to-bumper traffic in Ottawa, it’s not just your imagination. By Adam Kveton
Ottawa BlackBerry employee launches class action lawsuit on behalf of 300 staff
Feb 17, 2017
An Ottawa resident is suing BlackBerry for more than $20 million, alleging he lost his severance entitlements after being transferred to the high-tech firm’s business partner, automaker Ford.
Ottawa’s Titus signs NATO deal
Feb 16, 2017
An Ottawa data classification firm says a new agreement with NATO’s information and communications technology division opens the door to further sales to the military alliance.
Ottawa’s Colleen Francis redefines wealth by finding freedom in sales
Feb 15, 2017
If you think sales is all about being a fast talker, you’d be wrong. Today’s sales techniques are about being an active listener, building relationships and listening to your intuition.
Ottawa eyes more commercial space in Hintonburg
Feb 15, 2017
More stores and restaurants, more cycling infrastructure and more patios — all are part of a vision for the future of Armstrong Street.
Air Canada shifts Ottawa flights from New York LaGuardia to Newark
Feb 15, 2017
The trip from Ottawa to Manhattan is about to get slightly longer aboard the country’s largest airline.
Federal contracts: Ottawa’s G. Bird Holdings gets $6.7M for Tunney’s Pasture strategy
Feb 14, 2017
The slow-moving plan to redevelop the office complex at Tunney’s Pasture inched forward late last month after the federal government contracted a firm to prepare a “phasing strategy” to guide the p
UPDATE: Ottawa-area pot firm Canopy Growth delivers Q3 profit as revenues soar
Feb 14, 2017
Canada's largest publicly traded marijuana company says it has had a hard time keeping up with demand for high-potency pot as its list of registered medical marijuana patients more than tripled at
Ottawa researchers aim to make future computers less hackable
Feb 13, 2017
Computer scientists believe that even the strongest data encryption of present-day computers won’t stand a chance against their quantum heirs.
Ottawa-Gatineau unemployment rate drops to five-year low of 5.7%
Feb 10, 2017
The unemployment rate in the National Capital Region hit its lowest level since September 2011 last month, driven in large part by a rapidly expanding federal government, Statistics Canada said Fri
WiLAN shares jump after Ottawa patent firm posts $8.6M Q4 profit
Feb 9, 2017
Investors in Ottawa-based patent licensing firm WiLAN (TSX:WIN) (NASDAQ:WILN) pushed the company’s shares up more than seven per cent on Thursday following a positive earnings “surprise.”
BlackBerry launching cloud based communications platform for app developers
Feb 7, 2017
BlackBerry (TSX:BB) is launching a new product this month to allow developers to add secure text, video and voice messaging into apps.
Juno Awards poised to ‘take over’ Ottawa
Feb 1, 2017
The week-long celebration of Canadian music that’s scheduled to kick off in Ottawa in late March is expected to pump more than $10 million into the local economy, according to the head of the Juno
Ottawa’s Calian starts 35th year with highest Q1 revenues in firm’s history
Feb 1, 2017
The Calian Group (TSX:CGY) kicked off what was already guaranteed to be a historic year for the professional services firm with a record $68.7 million in first-quarter revenues, up six per cent ove
Ottawa’s BluMetric continues turnaround with second straight annual profit
Jan 31, 2017
Some two years ago, executives at Ottawa-based clean-tech firm BluMetric set a straightforward goal: Return to profitability.
Ottawa’s Sleepwell plans $1.8M in upgrades to growing Pembroke portfolio
Jan 30, 2017
An Ottawa property management firm says it plans to spend $1.8 million renovating its recently acquired Pembroke properties in a project the company’s president said will “change the downtown lands
Invest Ottawa hires Microsoft executive Michael Tremblay as CEO
Jan 27, 2017
An Ottawa native with decades of executive experience at multinational technology companies has been hired to head up the city’s lead economic development agency.
NCC’s vacancy rates in Ottawa-Gatineau drops to ‘historic’ lows
Jan 26, 2017
A National Capital Commission official says taking a more “business-based approach” to commercial leasing has helped the Crown corporation reduce its vacancy rates.
Downtown Ottawa office vacancy rates inch up despite growing government
Jan 20, 2017
An anticipated drop in office vacancy rates failed to materialize last year, despite a massive increase in government spending and the local hiring of thousands of civil servants, according to a ne
Ottawa LRT tunnel connected below Rideau Street: Watson
Jan 19, 2017
Construction of the city’s light-rail line has crossed a major milestone after crews connected both ends of the 2.5-kilometre tunnel beneath downtown Ottawa, Mayor Jim Watson said Thursday morning.
Feds budget up to $5M for latest upgrade to Cliff heating plant in Ottawa
Jan 18, 2017
The federal government says it’s planning another major overhaul of the central heating and cooling plant that serves dozens of downtown Ottawa buildings.
Hotel Indigo no more: Downtown lodging drops IHG to become Metcalfe Hotel
Jan 17, 2017
The owners of a boutique hotel in downtown Ottawa are ending their decade-long affiliation with international hospitality giant IHG and plan to start operating independently next month.
2017 preview: ‘Fierce competitors’ PCL & EllisDon team up on Centre Block
Jan 5, 2017
Centre Block has loomed large over Ottawa’s economy for more than a century, symbolizing the outsized role the federal government plays in the local business community.
Opinion: How long does it take Ottawa’s highest-paid CEOs to earn your salary?
Jan 4, 2017
Each year, the Canadian Centre for Policy Alternatives releases a report criticizing what it argues are “exorbitantly high” levels of executive compensation, drawing attention to income inequality
Made in Ottawa: Rimikon lights up the capital
Jan 3, 2017
Despite their ubiquity in homes and offices around the world, traditional light bulbs come with significant drawbacks: Toxic components, limited lifespan, electrical shock hazards and, in the case
Ottawa’s Embassy West retirement home eyes expansion with new towers
Dec 29, 2016
The owners of an Ottawa retirement residence are asking the city to ease height restrictions on the property, located on Carling Avenue near Highway 417, as part of a long-planned expansion.
Ottawa business helps rebuild Nepal, one cashmere wrap at a time
Dec 24, 2016
An Ottawa cashmere company is selling scarves and wraps in this country that help to rebuild classrooms in Nepal. By Ryan Tumilty
Ottawa ad agency wants you to ditch your boring out-of-office message
Dec 21, 2016
As Christmas creeps closer, outgoing emails increasingly trigger automated out-of-office replies containing standardized, boilerplate messages that most of us scan over at best.
World of Mocha? Second Cup leases prominent West Wellington retail space
Dec 9, 2016
Second Cup will construct one of its new café concept stores in the former World of Maps storefront on Wellington Street West as the Canadian coffee chain attempts to regain market share lost in re
Elections Canada looking to buy 85,000 ballot boxes, other supplies
Dec 8, 2016
Canada’s next federal election may still be some three years away, but Elections Canada is ramping up its local purchasing of ballot boxes, voting screens and other supplies.
Swelling federal payroll in Ottawa-Gatineau pushes employment to record high
Dec 2, 2016
The federal government’s local hiring binge continued for a second straight month, pushing the number of people working in Ottawa-Gatineau to an all-time high, Statistics Canada reported Friday.
Ottawa Hospital rejects Tunney’s Pasture for new Civic site
Nov 30, 2016
The Ottawa Hospital says its board has unanimously rejected a recommendation to construct a new Civic campus at Tunney’s Pasture.
uOttawa gives students ‘a taste for entrepreneurship’ with new co-op program
Nov 28, 2016
Daniel Laframboise doesn’t hesitate when asked what excites him about the prospect of becoming an entrepreneur.
Update: NCC to start negotiating LeBreton Flats redevelopment with Senators-backed group
Nov 24, 2016
One of Ottawa’s largest urban redevelopment projects took a major step forward on Thursday morning, but the start of construction still remains more than a year away.
Overseas visitors to Ottawa-Gatineau up more than 8%
Nov 23, 2016
While Canadians from across the country are expected to travel to Ottawa next year to celebrate the nation’s 150th anniversary, new figures show tourists from further afield are also taki
Feds ‘clawed back’ $4.2B in SR&ED credits, Ottawa-based tech group says
Nov 22, 2016
As the federal Liberals continue to tout plans for an “innovation agenda,” one of the country’s leading technology industry advocates is calling on the federal government to reverse the dramatic de
Growing MNP office doubles Ottawa footprint
Nov 17, 2016
Being forced to hold meetings at nearby coffee shops because there’s no longer space inside the office can be a sign of success for rapidly growing firms.
Real Sports Bar shuts amid intensifying competition for Ottawa entertainment dollars
Nov 17, 2016
Four years after it opened its doors in the ByWard Market with much fanfare, the Real Sports Bar & Grill suddenly announced it was closing permanently on Wednesday.
Ashcroft affiliate Envie opens $60M Ottawa student apartments
Nov 16, 2016
One of Ottawa’s largest homebuilders has added more than 500 new tenants to its growing portfolio of income-generating properties with a new 28-storey student apartment building in Little Italy.
Ottawa RedBlacks owner OSEG signs StubHub as official ticket reseller
Nov 15, 2016
With the Ottawa RedBlacks preparing to host the CFL’s East Division final this Sunday, fans looking for tickets now have another option backed by the team.
Ottawa business leaders among honourees at philanthropy awards
Nov 14, 2016
Gary Zed’s work and community involvement are guided by common principles: Give back wherever you can to leave the world better than you found it.
Ottawa's BluArc wants you to bring your own number to work
Nov 11, 2016
Ottawa-based bluArc wants to make it easier for you to ditch your desk phone … if only for part of the day.
Taking on the world from Ottawa: BOBs awards celebrate city’s business champions
Nov 11, 2016
Amid the celebrations Thursday night at the Westin Hotel, where more than two dozen local residents and companies were feted at the Best Ottawa Business A
Trump victory leads to busy morning for Ottawa immigration lawyers
Nov 9, 2016
Mere hours after Donald Trump was named the surprise winner of yesterday’s divisive presidential election, several Ottawa immigration lawyers say they’re already fielding calls from U.S.
Ottawa homebuilders shying away from launching new condo projects
Nov 8, 2016
The number of condominiums under construction in Ottawa has dramatically slowed this year as developers work to sell off the hundreds of completed new units already on the market, the Canada Mortga
18-storey towers proposed for site of Vanier motel
Nov 7, 2016
The owner of one of Ottawa’s least-loved accommodations wants to demolish a Vanier motel and replace it with a cluster of rental residential low- and high-rises.
Ottawa hotels lobby for licensing of Airbnb landlords
Nov 1, 2016
With the number of Airbnb rentals in Ottawa proliferating, the city’s hoteliers association says it’s increasing pressure on government officials to introduce licensing requirements for t
Scaling tips from Jim Roche
Oct 21, 2016
Jim Roche knows a thing or two about scaling up a business.
Feds’ Workplace 2.0 office modernization ‘a disaster’
Oct 20, 2016
The federal government’s office space modernization program is a “disaster,” according to its top real estate executive, who also suggested he was cool towards continuing to own, rather than lease,
Independent streak: Pythian overhauls board of directors
Oct 17, 2016
Rapidly growing IT services firm Pythian has appointed four new directors with a common theme: all are sitting as independents.
University of Ottawa files plans for new six-storey academic complex
Oct 12, 2016
The University of Ottawa has filed development plans for its next large-scale construction project, a new science, technology, engineering and math building planned for the southwest corner of camp
Michael Potter named Ottawa’s 2016 Lifetime Achievement Award recipient
Oct 11, 2016
Michael Potter has held many titles in his career: Chief executive, Philanthropist of the Year and even Honorary Colonel in the Royal Canadian Air Force.
Beau’s weighs prospect of legalized marijuana on beer industry
Oct 6, 2016
With legislation legalizing marijuana expected in the spring, Eastern Ontario’s largest craft brewery is considering what the changes will mean to the brewing industry, its chief executive said.
September real estate sales in Ottawa hit eight-year high
Oct 5, 2016
Ottawa’s housing market showed no signs of losing steam last month as local realtors collectively sold the highest number of properties in September at least eight years, statistics from the local
David Ross named Ottawa’s CEO of the Year
Oct 5, 2016
Three years ago, when Ross Video purchased a Florida-based sports production firm, CEO David Ross made a bold prediction. “We’re just getting started,” he told OBJ in 2013.
Westboro BIA eyes 86 new members under boundary expansion
Oct 4, 2016
The Westboro Village business improvement area wants to grow again.
Gusto TV’s deal with Bell may spur new studio construction
Sep 30, 2016
An agreement reached earlier this year with telecom giant Bell will allow Ottawa-based Gusto TV to produce some 100 hours of new content annually from its Glebe headquarters, CEO Chris Knight said
Ottawa’s Magor considers sale as losses mount
Sep 30, 2016
Board members of Kanata-based telecom firm Magor Communications (TSX-V: MCC) could be looking for suitors to buy the company as part of a strategic review that follows several years of disappointin
Thermal Energy stock hits 52-week high
Sep 28, 2016
Thermal Energy (TSX-V: TMG) shares inched up to their highest level in a year Wednesday as the Ottawa clean-tech firm announced a $1.7-million order from an unnamed customer in the industrial and f
GrowPros Cannabis targets early 2018 product launch
Sep 22, 2016
Armed with a new name and fresh funding, a local medical marijuana firm says it hopes to bring its pharmaceutical product to market in early 2018, a company executive says.
Time Warner invests $12M in You.i TV
Sep 13, 2016
The investment arm of one of the world’s largest media companies has thrown its weight behind a rapidly growing Ottawa technology firm.
Ottawa housing market picks up steam in August
Sep 9, 2016
The pace of new home construction in Ottawa increased last month, the country’s housing agency said late Thursday.
Executive shakeup at Annidis continues with director resignation
Sep 8, 2016
Life sciences firm Annidis (TSX-V:RHA) is losing one of its veteran directors, less than three months after the Ottawa-based company replaced its chief executive.
Sotheby’s enters slowing but stable luxury real estate market
Jun 20, 2013
The realty arm of well-known auction house Sotheby’s opened its first Ottawa office Wednesday with an eye to capturing a share of the city’s luxury property market, despite taking a less-than-exclu
Brisbin leading Rideau-Carleton’s casino plans: sources
Jun 18, 2013
The architect behind the Ottawa Convention Centre and Ottawa International Airport terminal is working with the owners of the Rideau-Carleton Raceway to prepare the facility’s plans for a new casin
CIBC listed as 150 Elgin tenant
May 9, 2013
Another major tenant appears to be lined up to take a sizable block of space inside downtown Ottawa’s newest private-sector office tower.
DND’s Carling Avenue consolidation at a standstill
Feb 15, 2013
More than two years after paying $208 million to buy the sprawling former home of Nortel Networks, the federal government says it still lacks a budget, timeline and specific plans to renovate the c
Office developers running out of downtown land
Feb 13, 2013
Condo builders are squeezing office developers out of the downtown core to the point that the few remaining commercial development sites are insufficient to meet demand for new space beyond the nex
Claridge buys Rideau Street Metro for $22.15M
Feb 5, 2013
One of Ottawa’s largest condo builders is expanding its downtown footprint with the purchase of a 1.25-acre supermarket and development site.
Land investments lose lustre
Jan 22, 2013
Record-setting year for commercial real estate sales After bidding up land prices over the past few years, investor interest in Ottawa development properties appears to be moderating, acc
‘Trades tax’ to increase building owners’ costs: Ottawa electrician
Jan 16, 2013
Building owners should brace themselves for higher contracting bills as a result of a new Ontario regulatory body tightening provincial certification requirements for tradespeople, a local electric
Deal of the year: Centennial Towers sale sets record
Dec 20, 2012
Lease signalled challenges facing landlords A government-occupied office tower on the western edge of downtown Ottawa was a central fixture in both the city’s leasing and investment marke
Sun Life LRT station ‘not cast in stone’
Dec 18, 2012
Plans to link the city’s underground light-rail tunnel with the atrium of the Sun Life Centre are far from finalized, says the general manager of the downtown office complex.
Commercial property assessments soar
Dec 12, 2012
The rush by developers to build up land inventories is causing a spike in the value of Ottawa parking lots, according to one local real estate expert.
Regal enters Ottawa with $200M acquisition
Nov 16, 2012
A newly launched property firm has purchased six local retirement residences in what is believed to be the largest deal of its kind in Ottawa.
Mounties’ move to Barrhaven drags on
Nov 5, 2012
More than six years after signing a $600-million deal to lease space inside the former JDS Uniphase complex in Barrhaven for its new headquarters, roughly 2,200 RCMP employees are still working at
Industrial vacancy rate reaches 30-month low
Oct 30, 2012
Ottawa's industrial property vacancy rate dipped to its lowest level since March 2010 as another tech tenant of the former Nortel campus found a new home, according to recently published data.
PCL wins Bank of Canada renovations contract
Oct 29, 2012
A major Crown corporation has started to hand out millions of dollars worth of architectural and engineering contracts in preparation for a major renovation project on Wellington Street.
Public Works picks Sun Life office space over low bid
Oct 17, 2012
Feds deem EDC offer ‘non-compliant’ and forgo $3M in savings A significant office leasing win for a downtown landlord is raising questions about why federal officials rejected a significa
Jackson Building on feds’ redevelopment radar
Sep 21, 2012
Public Works says it is considering various redevelopment options for a storied downtown office building currently in "critical" physical condition.
Feds eye 4.9M square feet of new office space for Tunney’s Pasture
Sep 18, 2012
Public Works officials provided the first in-depth glimpse of its redevelopment plans for Tunney's Pasture on Monday evening, offering two options that would both add millions of square feet of off
Feds returning to real estate forum
Aug 28, 2012
There appears to be a change of heart among top Public Works officials about discussing the federal government's office space needs in public.
106-year-old retailer returns to Bank Street
Aug 16, 2012
Higher-margin McIntosh-brand ‘saved’ family business A century ago, McIntosh & Watts delivered coffee, tea and spices to its customers by horse and buggy.
Huntington buys Bells Corners building
Aug 13, 2012
An Ottawa-based asset management firm is adding a single-storey suburban office building to its growing portfolio.
Cominar REIT muscles into local real estate market
Aug 7, 2012
Purchasing 1.55-million-square-foot office portfolio from GE Capital Real Estate Ottawa’s real estate landscape is set for a shakeup as Quebec’s largest commercial property owner establis
Broccolini buying Alterna land
Jul 24, 2012
A coveted downtown development site, adjacent to property expropriated by the city for Ottawa's light-rail line, is expected to be purchased by a major developer within the next year.
2M square feet of government buildings to be sold
Jul 20, 2012
Public Works plans to dispose of 14 government-owned buildings in the National Capital Region in the coming years, according to an internal government report.
Insurer's ByWard Market real estate up for sale
Jun 13, 2012
The breakup of Union of Canada is leading to what's expected to be one of Ottawa's most unique real estate deals of the year.
Feds snub Ottawa real estate industry to dodge press
Jun 4, 2012
Public Works property branch questions future public speeches
Tega scales back controversial Hintonburg condo project
Apr 24, 2012
The developer behind a proposed 36-storey condominium tower, which drew public condemnation from the head of the city’s planning committee and the surrounding community, is rethinking its plans, ac
Feds to vacate Metcalfe’s MacDonald Building
Apr 18, 2012
Landlord says it will be ‘competitive and creative’ in marketing downtown portfolio The federal government says it will vacate a 49-year-old downtown office building when its lease with M
Ottawa’s growth tops Canadian hotel value survey
Apr 9, 2012
Local hotel owners are in for a prosperous year, according to a recent report.
Morguard expects to fully lease 150 Elgin by 2014
Apr 4, 2012
The developer behind a 21-storey office tower under construction in the downtown core says it expects the building to be fully leased when it’s completed in 2014, despite increased competition amon
Investments sales drop 11.4%
Mar 27, 2012
Fewer buildings for sale leads to increased interest in land Ottawa was the only major Canadian city to see commercial real estate transaction volumes fall in 2011, a year marked by risin
What makes a mixed-use development work?
Mar 16, 2012
When Morguard Investments first presented plans in 2005 for its new tower at the corner of Elgin and Gloucester streets, the company proposed what would have been a first for Ottawa.
$18M overhaul slated for old EDC space
Feb 24, 2012
A closely watched downtown office tower is undergoing a significant interior facelift before the space is returned to the market, according to municipal records.
New government builds to add pressure to class-B landlords
Feb 8, 2012
With the first of five new government office buildings scheduled for completion this year, local real estate observers are watching which departments are starting to pack their bags - and what prop
Feds renew Centennial Towers lease with Morguard
Jan 31, 2012
The city's largest private-sector landlord has renewed a lease with the federal government for more than 378,000 square feet inside a downtown office tower, according to a Public Works official.
Longevity key in winning light-rail work: industry rep
Jan 16, 2012
Local businesses vying for contracts on Ottawa's $2.1-billion light-rail line should showcase their stamina when pitching to the prime contractors and their partners, says one construction official
Competition heats up downtown as Morguard launches build
Jan 12, 2012
Additional inventory to put downward pressure on rents, observers predict One of the city's largest landlords is pushing ahead with construction of a 22-storey office tower at the corner
Opinion: Mayor Watson: Who stands to benefit
Oct 25, 2010
Jim Watson put economic development front and centre when he officially kicked off his election campaign in late April with a lunchtime speech to the Rotary Club of Ottawa at the Marriott Hotel.
Passing on Public Works
May 1, 2009
For months, MPs have heard a message repeated by representatives from a variety of sectors: the hassles that come along with selling to Public Works is discouraging small and medium-sized businesses…
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