Posted May 13, 2009, 5:58 PM
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Join Date: Feb 2006
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Broccolini issued permit for $6.2M EDC foundation
By Peter Kovessy, Ottawa Business Journal Staff
Wed, May 13, 2009 11:00 AM EST
As backhoes, dump trucks and construction fencing appear on the corner of Slater and O'Connor streets, the city has issued the first round of construction permits for the new headquarters of Export Development Canada.
Last month, Broccolini Construction, which is building the 19-storey office tower with Canderel, received a construction permit for the excavation, shoring and foundation for the three-storey underground parking structure. The estimated construction value for the 122,200-square-foot foundation is $6.2 million, according to city records.
Additionally, Broccolini received four demolition permits to remove the 17-unit, three-storey residential apartment building and the three single-storey commercial buildings on the site, the records show.
Earlier this year, Brouse Holdings sold the property to a company associated with Broccolini, 150 Slater Street (Ottawa) Inc., for $18 million, according to land registry records.
Site plans filed with the city show Broccolini is planning to build a 19-storey, 403,000-square-foot office tower for the Crown corporation, which currently occupies 394,000 square feet in two neighbouring buildings at O'Connor and Gloucester streets.
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