But company executives argued that they should combine their assets and focus spending on a new generation of networks during a race to bring faster wireless and internet to rural as well as urban parts of the country.
Ottawa Carleton Construction wants to build a six-storey development with 30 residential suites and about 1,500 square feet of commercial space on the northwest corner of Bank and Florence streets.
Crank, which has 39 employees, makes graphical user interface software for more than 250 customers, including Coca-Cola, GE Appliances, John Deere and Nintendo.
New rules would translate into an annual discount of about $1,000 for a business property assessed at $600,000 that now pays about $15,000 a year in taxes.