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Top News In திரித்துவம் வளர்ச்சி குழு Today - Breaking & Trending Today

CLV takes lead on three-tower plan for Corso Italia LRT site, proposes mix of condos, rentals

One of the city’s most prominent residential landlords has taken over the lead role in developing a prime plot of real estate near the Trillium LRT line, proposing a mix of condos and rental units in a three-tower project that would incorporate a prominent Hintonburg heritage site.
In updated documents recently filed with the city, CLV Group Developments says its plan for the property at 951 Gladstone Ave. and 145 Loretta Ave. N. includes about 850 residential suites, 177,000 square feet of office space and 17,000 square feet of retail space.
If the project wins council’s approval, the builders hope to begin construction in 2023. ....

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A tragic fire, a tax-break for Porsche, and Kanata's own angry bird: Top five stories in Ottawa this week

OTTAWA
A devastating blaze in Manotick, a tax-break for a luxury car dealership, and Kanata s own angry bird.
CTVNewsOttawa.ca takes a look at the top five most viewed stories on our website this week.
A tragic fire in Manotick led to the deaths of 120 cows on Thursday.
Neighbours rushed to the scene Thursday evening to try and rescue calves from their shelters near the barn and were able to save eight of them.
It took firefighters more than eight hours to extinguish the blaze.
A GoFundMe campaign has been set up to help the owners of the family-run farm. ....

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InterRent REIT rides wave of acquisitions to solid Q1 performance

Thanks in large part to a spate of acquisitions that have grown its rental inventory, InterRent REIT’s revenues jumped more than 10 per cent in the first three months of 2021 compared with a year earlier.
In its first-quarter financial filings released Tuesday, the Ottawa-based real estate investment trust said its funds from operations – a key cash-flow metric for REITs – rose nearly 12 per cent compared with the first quarter of 2020 to $16.2 million.
The company has boosted the size of its portfolio substantially over the past 12 months, acquiring more than 1,200 suites as its total inventory surpassed 11,400 units. The additional cash flow from those new properties helped bolster InterRent’s balance sheet as the firm’s average rent per suite rose from $1,270 in March 2020 to $1,325 this year. ....

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NCC board endorses LeBreton master plan, names shortlist of developers for library lands

The NCC’s board of directors gave the green light Thursday to the final master concept plan for LeBreton Flats and revealed the three groups that have been shortlisted to build out the first major parcel of land at the prime development site west of downtown.
The agency’s master plan would see 4,000 housing units and nearly a million square feet of retail and office space built over the next 35 years at LeBreton Flats, along with more than 30 acres of parks.
The blueprint calls for four distinct “districts,” including a mixed-use neighbourhood near Albert Street that would be anchored by the future home of the Ottawa Public Library and could also feature a “potential event centre,” according to a 175-page document outlining the plan. ....

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NCC moves forward with a new chapter for the Library Parcel at LeBreton Flats

OTTAWA
It’s a grand plan for LeBreton Flats.
What is one of the most valuable parcels of land in Ottawa, just west of downtown, is one step closer to development.
The National Capital Commission unveiled the final concept plan for LeBreton Flats on Thursday, along with announcing the shortlisted groups to develop, The Lebreton Flats Library Parcel.
The one hectare space, a strip of land near the new Ottawa Public Library central library branch and Library and Archives Canada building, will be the first in the redevelopment of LeBreton Flats.
The NCC says three development teams have been shortlisted to compete in the bidding process to develop the land. A main requirement for the parcel of land is 600 residential units, with 180 designated for affordable housing. ....

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