Ontario Construction News staff writer
SerCo Realty Group plans to build a 16-storey highrise at 1400 Bank St. in Ottawa, replacing a retail plaza with a mixed use structure including apartments, retail and office space.
The company proposes to include 160 rental units at the site south of the Billings Bridge Shopping Centre, according to filings with Ottawa’s planning department.
Figurr Architects Collective has designed the building, which will include bachelor, one and two-bedroom apartments, and 3,800 sq. ft. of ground floor retail (with space for three businesses) as well as offices on the second floor.
Ottawa Business Journal reports that Serco, a family-owned enterprise, owns and manages more than two dozen residential, office and retail properties in the Ottawa area.
“Earlier this year, the firm unveiled plans for a pair of residential projects in Centretown. SerCo is proposing to tear down an existing office building on Waverley Street and replace it with a new six-storey apartment complex with 31 units, and the builder wants to convert a seven-floor office building on Cooper Street into an eight-storey, 45-suite rental property,” the business publication reported.
“The company also acquired another prominent downtown property this fall, buying a four-storey mixed-use building at 370 Elgin St. that’s best-known for being the home of one of the strip’s most beloved watering holes, the Manx Pub.”
