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  #1  
Old Posted Jun 12, 2023, 5:17 PM
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rocketphish rocketphish is offline
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1900 & 2000 City Park Dr | ?m | 3x20f, 5x30f | Proposed

This has good potential. They could fit a few towers on that site.

Quote:
Colonnade BridgePort buys dev. land, Ottawa office building

Don Wilcox, RENX
Mar. 2 2023


Ottawa-based Colonnade BridgePort and an institutional investment partner have acquired a 93,381-square-foot mid-rise office building with four acres of development land in the city’s east end.

1900-2000 City Park Place was previously owned by Vancouver-headquartered QuadReal. The five-storey class-A building is located just off the city’s central Hwy. 417 corridor, in the area of Blair and Ogilvie Roads to the east of the downtown.

Financial details were not released.

It’s the first acquisition for Colonnade BridgePort’s private equity real estate fund.

“Despite the challenging conditions for new development across the country, we believe they are short-term in nature and that the fundamentals will improve throughout 2023 and beyond,” said Colonnade BridgePort CEO Hugh Gorman in the announcement.

“This is especially the case in Ottawa, where we have a strong local economy, positive net migration, and a significant shortage of housing.”

That housing shortage will be the focus of Colonnade BridgePort’s plans for the vacant land.

A company spokesperson told RENX it is planning residential development for the site, which is a short walk from the Gloucester Centre shopping mall and Blair Station along the city’s light rail transit network, and is adjacent to a park.

“The team will be working through master-planning the site over the coming months, with the intent to design a mix of housing typologies,” the spokesperson wrote in an email exchange.

“The city needs more housing – especially in amenity-rich, established communities, in close proximity to transit,” Gorman noted in the announcement. “The City Park acquisition checks all these boxes and we feel we will be able to enrich and enhance the existing community by making it stronger, more vibrant and sustainable for future generations.”


The future development potential adds to Colonnade BridgePort’s existing $1-billion transit-oriented development pipeline, which it says “will have a meaningful impact on the sustainable growth of the City of Ottawa.”

The City Park Place office tower adds to Colonnade BridgePort’s 9.2 million-square-foot property management portfolio.

The building currently has five spaces available for lease, comprising about 45,000 square feet and ranging from 3,687 square feet up to 17,741 square feet.

“This is an exceptional suburban office, with a variety of available suites for tenants, that is situated on the light rail system and surrounded by great amenities," said Brent Arseneau, vice-president of leasing, in the announcement.

"We are looking forward to showing tenants the possibilities this building has to offer.”

Colonnade BridgePort will be attempting to lease the property in an office market that continues to face challenges.

The overall vacancy rate in the region was 11.1 per cent at the end of 2022, according to CBRE’s most recent report, although suburban vacancy was slightly lower at 10.2 per cent.

The report does suggest that vacancy rate could rise in 2023, however, as the federal government plans to continue shedding space and amid the ongoing uncertainty of both the economy and back-to-office protocols.

The building has a BOMA Best certification and its floor plates average about 19,000 square feet.

Colonnade BridgePort is a full-service real estate company, offering property management and leasing services, acquisition, development, investment management and asset management for both commercial and residential properties.

The firm is headquartered in Ottawa, with offices in Mississauga and Toronto.

https://renx.ca/colonnade-bridgeport...ffice-building
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  #2  
Old Posted Jun 12, 2023, 6:20 PM
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Quote:
Originally Posted by rocketphish View Post
This has good potential. They could fit a few towers on that site.

Hoping this pushes the owner of the Gloucester Centre to get moving on at least it's first approved tower. Maybe RioCan can get moving on the next phase of it's development as well.

Last edited by rocketphish; Jun 12, 2023 at 9:19 PM. Reason: Removing unrelated content
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  #3  
Old Posted Jul 10, 2023, 6:03 PM
RideauRat RideauRat is offline
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1900 & 2000 CITY PARK DRIVE [ 5 x 30FL, 3 x 20FL ]

The City of Ottawa has received an Official Plan and Zoning By-law Amendment application to construct eight high-rise buildings ranging from 20 to 30 storeys, consisting of approximately 2,250 residential units and approximately 143,259 square metres of Gross Floor Area (GFA). This application amends the Official Plan.

Blair table top.. 30 is the new 28

docs: http://webcast.ottawa.ca/plan/All_Im...01-23-0005.PDF







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  #4  
Old Posted Jul 10, 2023, 6:17 PM
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Harley613 Harley613 is offline
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5x 30 story towers all in a row?!? Is Hong Kong the inspiration for this?

What ever happened to the 30 story building at the mall that was approved years ago?
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  #5  
Old Posted Jul 10, 2023, 6:31 PM
RideauRat RideauRat is offline
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Originally Posted by Harley613 View Post
5x 30 story towers all in a row?!? Is Hong Kong the inspiration for this?

What ever happened to the 30 story building at the mall that was approved years ago?
they didn't like 4 towers so they took it from the mall to make it 5 lol /s
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  #6  
Old Posted Jul 10, 2023, 6:44 PM
originalmuffins originalmuffins is offline
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I'm so confused why most new proposals in the east end are being topped out at 30 floors (with the exception of that really nice one in Orleans). This is super table top lol.
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  #7  
Old Posted Jul 10, 2023, 7:33 PM
OTSkyline OTSkyline is offline
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Why is everyone so damn allergic to VARIETY in this city. Variety in heights, variety in materials, variety in design...
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  #8  
Old Posted Jul 10, 2023, 7:36 PM
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Just the title of the post gave it away that this was an Ottawa proposal. lol 30.. x 3 magic number.. ugh
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  #9  
Old Posted Jul 10, 2023, 8:31 PM
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Quote:
Originally Posted by originalmuffins View Post
I'm so confused why most new proposals in the east end are being topped out at 30 floors (with the exception of that really nice one in Orleans). This is super table top lol.
My guess is soil conditions and the building code.

Around 30 stories or so much building mass the building code changes, easier to stay below unless you think demand warrants it.
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  #10  
Old Posted Jul 10, 2023, 9:21 PM
originalmuffins originalmuffins is offline
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Originally Posted by Williamoforange View Post
My guess is soil conditions and the building code.

Around 30 stories or so much building mass the building code changes, easier to stay below unless you think demand warrants it.
I get the soil part, but western Ottawa seems to have way more height and taller in scale comparatively. I guess demand is less with the eastern part of Ottawa's market because property values are usually lower, just didn't think it translated to the massing too.
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  #11  
Old Posted Jul 10, 2023, 10:29 PM
yotajoe yotajoe is offline
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  #12  
Old Posted Jul 10, 2023, 10:44 PM
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Quote:
Originally Posted by originalmuffins View Post
I'm so confused why most new proposals in the east end are being topped out at 30 floors (with the exception of that really nice one in Orleans). This is super table top lol.
The East End? There are nodes of 30ish story buildings going up everywhere outside the core, new tabletops for all!!!

Kanata Tech Park :
Brookstreet Apartments - 30fl
Nokia - 11 residential towers up to 30fl
555-603 March Rd. - 5 tower 24-30fl
Maritime Way - 28+30fl

Barrhaven:
Town Centre phase ii - 25+34fl
Sencha Terrace - 7 towers up to 30fl

Bells Corners:
Stillwater Station - 10 towers up to 27fl

Orleans:
1009 Tweddle Rd. - 4 towers up to 32fl
Petrie's Landing - 6 towers up to 32fl

St. Laurent/Trainyards/Coventry - 44 TOWERS BETWEEN 12 AND 30FL...and one 35fl tower

I could keep going....

You get a tabletop, you get a tabletop, you get a tabletop, you get a tabletop!!!!
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  #13  
Old Posted Jul 11, 2023, 12:37 AM
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rocketphish rocketphish is offline
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Proponent: Colonnade Bridgeport

Architect: Neuf Architects

Development application:
https://devapps.ottawa.ca/en/applica...3-0033/details


Location:




Siteplan:

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  #14  
Old Posted Jul 11, 2023, 3:45 AM
movebyleap movebyleap is offline
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Another terrible, terrible project. If it's ugly, it MUST be Ottawa!
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  #15  
Old Posted Jul 11, 2023, 1:10 PM
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Quote:
Originally Posted by Harley613 View Post
The East End? There are nodes of 30ish story buildings going up everywhere outside the core, new tabletops for all!!!

Kanata Tech Park :
Brookstreet Apartments - 30fl
Nokia - 11 residential towers up to 30fl
555-603 March Rd. - 5 tower 24-30fl
Maritime Way - 28+30fl

Barrhaven:
Town Centre phase ii - 25+34fl
Sencha Terrace - 7 towers up to 30fl

Bells Corners:
Stillwater Station - 10 towers up to 27fl

Orleans:
1009 Tweddle Rd. - 4 towers up to 32fl
Petrie's Landing - 6 towers up to 32fl

St. Laurent/Trainyards/Coventry - 44 TOWERS BETWEEN 12 AND 30FL...and one 35fl tower

I could keep going....

You get a tabletop, you get a tabletop, you get a tabletop, you get a tabletop!!!!
Really frustrating. What is it with Ottawa? Why are taller buildings viable in every other major city in Canada, except for Ottawa?
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  #16  
Old Posted Jul 18, 2023, 7:19 PM
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Colonnade BridgePort files plan for five-tower residential complex near Blair Station

David Sali, OBJ
July 18, 2023




Colonnade BridgePort says it plans to build five residential highrises with upwards of 1,200 units on property near the Blair LRT station it purchased earlier this year.

The Ottawa-based real estate firm has filed an application to develop the four-acre parcel of land at 2000 City Park Dr., about 450 metres west of Blair Station and the nearby Gloucester Centre mall.

The company is proposing to create a “planned community” with more than a million square feet of residential space in five buildings of between 20 and 30 storeys that would be arranged around a central park.

Under current zoning rules, the height limit for most of the property is 20 storeys.

Colonnade BridgePort, the city’s largest privately owned commercial property manager, partnered with an unnamed institutional investor to buy the land and an adjacent five-storey office tower at 1900 City Park Dr. from QuadReal Property Group in March.

The 2000 City Park Dr. property is already zoned for about 1.3 million square feet of residential and commercial development, Colonnade BridgePort CEO Hugh Gorman told OBJ earlier this year.

The firm is seeking Official Plan and zoning bylaw amendments that would also allow residential towers to be built on the site of the office building.

Planning documents say the long-term conceptual plan for 1900 City Park Dr. calls for the office building to be demolished and replaced with three highrises with about 1,000 additional residential suites, but Colonnade BridgePort executives said Tuesday those plans are not set in stone and the company is focused on developing the property next door.

“That office building has some great tenants in there already that are occupying the space that can continue to operate, so we’ll evaluate that when the time comes,” development manager Bonnie Martell said.

Rental apartments

The five towers at 2000 City Park will be built in phases, with construction based on market demand, Martell added. The units will be rental apartments in a variety of sizes, but the company has yet to determine the exact mix and price range.

“We do intend on including a component of (affordable housing), just like we do on all of our other projects, but what that number looks like and what that rent looks like, it’s just all sort of up in the air,” Martell said.

Other aspects of the project, including the number of parking spaces, types of amenities and a potential ground-floor retail component, have yet to be decided, she said.

“These are all things we look into. We’ll be doing a lot more research to refine what that looks like,” Martell explained. “We have a ton of commercial, retail, restaurants, office and even residential around this neighbourhood. We’re fortunate that we’re building in a fabric that already exists.

“The more we can get away from auto-dependent communities, the closer we will get to decarbonizing the city. Certainly, that’s the intent, especially when we have space that’s in (such) close proximity to the LRT.”

Martell said the company is hoping the Official Plan and zoning amendments will be approved before the end of 2023. The firm is aiming to file a site plan for the initial five-building project next year and will begin construction as soon as it gets the green light from the city, she added.

When the City Park acquisition closed, Gorman said Colonnade BridgePort was looking at subdividing the property into several parcels and selling them to other partners, similar to the approach it’s taking to develop a site at 25 Pickering Pl. near the Ottawa train station.

On Tuesday, Martell said that approach remains a possibility.

“We don’t know who might be part of this whole buildout just yet,” she said.

The deal was the first for Colonnade BridgePort’s new private equity real estate fund that launched early this year. Martell said the firm is excited about the City Park project’s potential.

“It’s such a great development site,” she said. “You don’t get many of these in the city. We’re hoping that everything else is smooth sailing from here.”

https://obj.ca/colonnade-bridgeport-...ntial-complex/
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  #17  
Old Posted Jul 19, 2023, 4:26 AM
originalmuffins originalmuffins is offline
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Quote:
Originally Posted by Harley613 View Post
The East End? There are nodes of 30ish story buildings going up everywhere outside the core, new tabletops for all!!!

Kanata Tech Park :
Brookstreet Apartments - 30fl
Nokia - 11 residential towers up to 30fl
555-603 March Rd. - 5 tower 24-30fl
Maritime Way - 28+30fl

Barrhaven:
Town Centre phase ii - 25+34fl
Sencha Terrace - 7 towers up to 30fl

Bells Corners:
Stillwater Station - 10 towers up to 27fl

Orleans:
1009 Tweddle Rd. - 4 towers up to 32fl
Petrie's Landing - 6 towers up to 32fl

St. Laurent/Trainyards/Coventry - 44 TOWERS BETWEEN 12 AND 30FL...and one 35fl tower

I could keep going....

You get a tabletop, you get a tabletop, you get a tabletop, you get a tabletop!!!!

It's significantly worse in the east end for table top, this development being a prime example of it. There isn't much planned beyond 30 floors, and the few that are, are rare. It shows with the 44 planned up to 30 right there it's significantly worse. There are plenty around and beyond 32 35 40 38 floor towers coming up in Bayshore, Tunneys, Westboro, Lebreton, Little Italy, Carling, and Richmond. I'm not saying it's much better, but it is worse.
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  #18  
Old Posted Jul 19, 2023, 12:44 PM
RideauRat RideauRat is offline
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I was just thinking how the west has more interesting projects than the east but they NEVER break ground, At least in the east there is signs of life.
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  #19  
Old Posted Jul 19, 2023, 12:54 PM
OTSkyline OTSkyline is offline
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Just goes to show that developers most likely propose towers in that 27-32 story range because it's the "path of least resistance" and probably the most they can get away with (or get approval for) with the City rather easily.

They know that anything proposed over that is a long uphill battle that will most likely endlessly delay the project.
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  #20  
Old Posted Jul 19, 2023, 1:04 PM
Marshsparrow Marshsparrow is offline
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Originally Posted by RideauRat View Post
I was just thinking how the west has more interesting projects than the east but they NEVER break ground, At least in the east there is signs of life.
Just a guesstimate but there are probably 5x more construction cranes in the west than east...
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