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Ottawa-based real estate company says it does not intend to redevelop the property, which it purchased about a dozen years ago, for at least another decade.
The University has reached an agreement in principle to sell four LA apartment buildings, a bequest from the late alumnus and donor Frederick Pardee, to a land trust, averting the displacement of 130 tenants.
The planning committee approved the demolition of a six-unit apartment building to make way for a surface parking lot that will serve a new development on a neighbouring lot.
The city of Ottawa’s planning committee has given the green light to tear down a small downtown apartment building, to make way for a parking lot.
Recently constructed 163,000-square-foot office complex at 3199 Palladium Dr. in Kanata opened to great fanfare in early June.