Ottawa-based Windmill Developments is bringing the first Class A commercial condo tower to the city, with the launch event scheduled for next week, the company announced Monday.
The tower will be right next to Windmill’s Cathedral Hill residential condo building at Sparks and Bronson, and the company says it will provide both businesses and not-for-profits with an opportunity to build equity instead of paying rent.
“We spend a lot of time looking at best practices and imagining better ways for people to live and work,” Windmill partner Rodney Wilts said in a statement, adding the commercial condo tower is “a win-win for us and the businesses.”
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Mr. Wilts said Windmill will be focusing on sustainability for the 14-storey building.
“We plan to use the best technologies and materials to not only make this building healthier for the owners and their employees, but more efficient and enduring.”
The launch event will be held Tuesday, Nov. 4 at 5 p.m. at the Rideau Club, Pearson Room.