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  #2221  
Old Posted: Jun 11, 2012, 10:38 PM
S-Man S-Man is offline
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Everyone saw this coming - Dow Honda will be done within two years:

http://www.obj.ca/Real-Estate/Non-re...edevelopment/1

That means whatever is built will be opening next to an 'every-8-minutes' rail line, probably as LRT nears completion. Cue Diane Holmes...
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  #2222  
Old Posted: Jun 14, 2012, 12:25 AM
kevinbottawa kevinbottawa is offline
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Insurer's ByWard Market real estate up for sale

Quote:
Insurer's ByWard Market real estate up for sale

Published on June 13, 2012
Peter Kovessy

The breakup of Union of Canada is leading to what's expected to be one of Ottawa's most unique real estate deals of the year.

The Ottawa-based company's assets included a 10-storey ByWard Market office building immediately adjacent to the Whiskey Bar and a development site that's currently a surface parking lot. The three properties up for sale collectively sit on 33,000 square feet of land at the corner of Dalhousie and York streets.

The assets are being sold as a portfolio, as the liquidator does not want to sell the properties as individual parcels, said David Lees, an Ottawa-based vice-president at brokerage firm Colliers International who is handling the sale. Furthermore, he added, the development lot currently provides parking for the office building.

The nature of the different assets means a would-be purchaser is expected to have an interest in both development - likely residential condominiums - and owning office space, said Mr. Lees.

"We're going to see a couple of players joining up," he said.

Mr. Lees suggested a residential developer could excavate the parking lot, creating underground parking for both future condominiums and the existing office building. A heritage overlay of the area prevents high-density developments on the York Street side, but city zoning maps appear to show that development of up to 50 metres - approximately 12 to 14 storeys - is currently permitted on the George Street side of the property.

Mr. Lees said it is unlikely the 45-year-old office building will be torn down. Much of the mechanical equipment, such as the boilers and chillers, was replaced in 2009.

He noted interest in the properties - which are coming to the market unpriced - has been "very, very strong." Mr. Lees said institutional and private investors from Ottawa, Toronto, Montreal and Vancouver have all inquired about the assets.

"It is a very unique opportunity. There is a retail component, an office component and a (potential) condo/multi-res (component)," he said.

"We really haven't seen an offer like that in quite some time."

Mr. Lees said bids are being accepted until June 22, with an anticipated closing date of Aug. 22.

Properties

325 Dalhousie St.

-10-storey office building

- 72,000 square feet rentable office space

- Ground-level retail

- Built: 1968



110 York St.

-Current tenant is the Whiskey Bar

-9,000 square feet over two floors



137 George St.

-Surface parking lot

-11,500 square feet



Source: BOMA Commercial Space Directory
http://www.obj.ca/Real-Estate/Non-re...-up-for-sale/1
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  #2223  
Old Posted: Jun 14, 2012, 4:24 AM
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Originally Posted by kevinbottawa View Post
Le Germain perhaps?
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  #2224  
Old Posted: Jun 14, 2012, 12:59 PM
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Le Germain perhaps?
That would be a great conversion project for sure.
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  #2225  
Old Posted: Jun 14, 2012, 1:10 PM
Harley613 Harley613 is offline
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york street entertainment has been planning to tear down Cornerstone bar and grill and build their first hotel on the site...maybe they will look into this property as well....they already own Whiskey bar on the site, so this would be as good or better a site for their hotel then cornerstone.
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  #2226  
Old Posted: Jun 18, 2012, 2:48 PM
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Quote:
Former Wally Becker garage in Hintonburg could become six-storey development: HCA

Posted by Trevor Pritchard on Friday, June 15, 2012

Hintonburg's former Ideal Motors garage is being eyed by developers who worked on the tower housing the Great Canadian Theatre Company, according to the president of the neighbourhood's community association.

Jeff Leiper recently told OpenFile Ottawa that there have been talks between the Windmill Development Group and the Hintonburg Community Association over a possible six-storey mixed-use condo building on the site of the garage, located at the intersection of Wellington Street West and Irving Avenue. Former owner Wally Becker died "a couple of years ago," and the property is now in the hands of his sons, said Leiper.

While the proposal is in the early stages—Windmill hasn't purchased the land yet— there are some intriguing ideas being considered for the former garage, which has been empty for the past few months. According to Leiper, Windmill is contemplating a 45–50 unit development with fewer parking spots than condos—a relative rarity in Ottawa development circles.

"They're assuming they're selling to people who don't own cars. That's fairly forward looking of them," said Leiper. The proposal, which would also include retail at ground level, fits within the community development plan and sets off "no alarm bells," he added.

OpenFile contacted Jonathan Westeinde, Windmill's founder, in late May about the project, but our email went unanswered. A second email sent today hasn't been answered yet, either—although if it is, we'll update our post. Windmill was involved with building The Currents, an upscale, environmentally friendly highrise at Wellington Street and Holland Avenue that houses the Great Canadian Theatre Company at street level.

According to the HCA's page on neighbourhood developments, there will be a public meeting if the plans are formalized. Based on this Ottawa Citizen story from a couple of years ago, the Wally Becker garage has been a part of the Hintonburg landscape since at least the early 1970s.
http://www.openfile.ca/ottawa/blog/2...evelopment-hca

I was very surprised when the house on Irving immediately behind the Wally Baker/Ideal Motors lot was sold recently in pretty run-down shape, and it seems to have gone to someone who's fixing it up (as a single-family home), and not to the garage's owners or a developer to assemble into a bigger footprint to play with. (this lot is not that big, and has a funny shape that could make for a striking building, but that I imagine would pose some challenges for both designing and constructing a 6-storey building on the site)

Anyway, I would be thrilled to see a new mid-rise in Hintonburg (the first on new one on Wellington*!). I believe that all of the adjoining and nearly-vacant lots facing this one from the north side of Wellington St are owned by the same person/family, and these have the plus of being much deeper lots than Wally Baker; a Windmill Wally Baker project would help to quickly ripen these lots for fine developments of the same scale, IMO.

Funny/ironic for me to read that Windmill would be targeting car-free buyers, because I always imagined that if I was building on this lot, I would pay tribute to the automotive history of the street and give it a 1950s auto racing theme: it would be called "1000 Wellington" with the type used for the thousand number "borrowing" from the Audi logo, mod artwork and furniture in the lobby and hallways would evoke 1950s European racers, etc. It's ironic, because I try to live relatively car-free. ;-)



*I think that the Currents is too tall and the one at Wellington-Sherbrooke is too short to count.

Last edited by McC; Jun 18, 2012 at 3:42 PM.
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  #2227  
Old Posted: Jun 27, 2012, 5:57 PM
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Apparently the City of Ottawa is expropriating part of Arnon's site near the Carling
O-Train station for train yards (I guess for the Carling Streetcar).

Either above, at grade or underground.

The fact that they're building it on that end of the line where we have prime land considered by some to be "downtown", right next to the main rapid transit line is somewhat questinanable. We have plenty of decrepit buildings/parking lots along Carling for rail yards.

That being said, if it has to be at that site, I would like to see the city work with Arnon to integrate the rail yards in a new development’s basement (or something Montrealesk).


Look for 855 Carling under land plans;

http://www.obj.ca/Real%20Estate/2012...35/Big-Italy/1
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  #2228  
Old Posted: Jun 27, 2012, 6:51 PM
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I would have opted for this spot I think (the Potemkin warehouse was recently demolished, exposing the parking lot behind)
https://maps.google.com/maps?q=carli...SsVepckE-4DTYQ
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  #2229  
Old Posted: Jun 27, 2012, 7:36 PM
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I think this is about securing enough land for a decent radius connection between Carling and the O-Train corridor. The City probably doesn't want to have to depend on getting NCC land across the road...

The stuff about the maintenance yard seems out to lunch, unless what is meant is to access the main LRT line at Bayview which will have access to the yard on Belfast. There really isn't enough room for a maintenance yard anywhere nearby other than at Bayview itself.
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  #2230  
Old Posted: Jun 27, 2012, 10:04 PM
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Quote:
Originally Posted by J.OT13 View Post
Apparently the City of Ottawa is expropriating part of Arnon's site near the Carling
O-Train station for train yards (I guess for the Carling Streetcar).

Either above, at grade or underground.

The fact that they're building it on that end of the line where we have prime land considered by some to be "downtown", right next to the main rapid transit line is somewhat questinanable. We have plenty of decrepit buildings/parking lots along Carling for rail yards.

That being said, if it has to be at that site, I would like to see the city work with Arnon to integrate the rail yards in a new development’s basement (or something Montrealesk).


Look for 855 Carling under land plans;

http://www.obj.ca/Real%20Estate/2012...35/Big-Italy/1
The article is poorly worded, but indeed it means only the turning radius in order to get a train onto the O-Train tracks to be sent to the Belfast yard.
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  #2231  
Old Posted: Jun 27, 2012, 10:10 PM
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  #2232  
Old Posted: Jun 28, 2012, 4:18 AM
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O.K, so is it's to give the future Carling streetcars access to the Belfast Yards? Or to secure land for the possibility of a Carling main Light Rapid Transit route? Or likely to secure the possibly of both scenarios? But it won't be for actual rail yards cause they will all, main LRT or streetcars, use the Belfast yards?
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  #2233  
Old Posted: Jun 28, 2012, 11:54 PM
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Urban Capital purchases James Street Feed Company

http://www.juteaujohnsoncomba.com/ms_april2012.htm
Another significant land transaction is the purchase of 390 Bank Street. Urban Capital (James Street) Inc. acquired the property from 176929 Canada Inc. for $3,000,000 or $261/sf. It is improved with the James St. Pub, a single-storey restaurant, but was purchased for land value. The purchaser intends to redevelop the site with a nine-storey condominium apartment building.
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  #2234  
Old Posted: Jun 29, 2012, 1:36 PM
Nepean Nepean is offline
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Windmill Developments, responsible for the condo building on top of the new Great Canadian Theater Company and for leading the great Cathedral Hill project, is looking at another site in Hintonburg for a mixed-used mid-rise. I really like this developer so hopefully they can move ahead with an interesting project.

_____

Update: I just noticed the McC post on this very subject on June 18. Apologies for repeating this news.

Last edited by Nepean; Jun 29, 2012 at 1:50 PM.
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  #2235  
Old Posted: Jun 30, 2012, 2:41 AM
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Compendium of development news in the 'Burg
http://hintonburg.com/devwatch.html
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  #2236  
Old Posted: Jul 5, 2012, 4:55 AM
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Richcraft is in fact the largest residential landowner in the city according to OBJ. The stats are in hectares, including suburban hectares.

1.Richcraft; 244.7 hectares
2.Urbandale; 227 hectares
3.Minto; 189.2 hectares
4.Mattamy; 124.1 hectares

But I imagine that Minto would be #1 in terms of units or sqft of actual building floor space.
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  #2237  
Old Posted: Jul 5, 2012, 12:56 PM
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Broccolini just moved this baby into currect projects:

Quote:

Location : Slater Street, Ottawa (Ontario)
Size : 250,000 sq.ft.
Contract : Design-Build
Year : 2012

The Slater is a sophisticated 21-storey tower that will comprise of private condominium residences and a Boutique Hotel. Located in the heart of Ottawa’s thriving downtown business district directly off Bank Street, The Slater is destined to become a landmark addition to the skyline at the centre of urban life.

Designed by Richard Chmiel Architects and Associates, the Slater's refined aesthetic and clean lines create a contemporary interpretation of classic modernist architecture. Condominium suites range in size from small one bedroom units to spacious double height penthouses with stunning views of the city. Renowned design firm IIBYIV Design has been commissioned to create the interior spaces. They will apply their unique style to the lobby, corridors and amenity spaces. Suites will feature an exceptional selection of contemporary finishes, 9 ft ceilings and an amenity and lounge areas with an oversized terrace perfect for entertaining.

This highly anticipated development is set to launch to the public Fall 2012 with a presentation gallery and model suite.



http://www.broccolini.com/Broccolini...No&Current=Yes

I assume that this is 199 Slater project...


but not sure... Could somebody confirm that?
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  #2238  
Old Posted: Jul 5, 2012, 1:05 PM
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Quote:
Originally Posted by amanfromnowhere View Post
Broccolini just moved this baby into currect projects:




http://www.broccolini.com/Broccolini...No&Current=Yes

I assume that this is 199 Slater project...


but not sure... Could somebody confirm that?
Yes it is....and I'm loving the redesign! From crappy office building to pretty sweet-looking condo and hotel.
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  #2239  
Old Posted: Jul 5, 2012, 7:29 PM
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Renders on their website updated, shows "alt" over the front door ...assuming that means it will be an "alt" hotel by Le Germain
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  #2240  
Old Posted: Jul 5, 2012, 10:00 PM
kevinbottawa kevinbottawa is offline
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Renders on their website updated, shows "alt" over the front door ...assuming that means it will be an "alt" hotel by Le Germain
Which rendering are you looking at? I didn't see that.
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