Site plan application http://app01.ottawa.ca/postingplans/...appId=__9XU4QV
Claridge proposes three 28-storey towers on Rideau Street
OBJ StaffPublished on November 21, 2013Share 2
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Local developer Claridge is asking the city for permission to build three 28-storey mixed-use towers at 245 Rideau Street, according to documents issued by the city.
The proposed development would have approximately 43,932 square metres of floor space, a note recently circulated to members of the local community said.
The site, which is currently home to a grocery store, is bordered by Cumberland Street to the west and George Street to the north.
The three towers would share a single podium, which would range from three to seven storeys.
The plan calls for 578 residential units, along with commercial space at ground level. The development would have 658 parking spaces, located on six levels of underground parking.
The company paid $22.15 million for the property, according to data published earlier this year. Claridge is one of Ottawa’s largest downtown condo developers.
I'm going to have a dig out a pic of our new project on Rideau for the skyscraper crew. Stay tuned they might actually like this one.
Feb 2013 http://www.juteaujohnsoncomba.com/ne...mber_Sales.pdf
The most notable transaction was the sale of 245 Rideau Street which was purchased by Claridge Homes (245 Rideau) Inc. from 769470 Ontario Ltd. for $22,150,000 or $410/sf. of site area. The site is currently improved with a Metro food store and a surfaced paved parking lot.