Toronto developers propose two major residential projects in Ottawa

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Ontario Construction News staff writer

Two Toronto-based developers have proposed major new Ottawa residential developments near the city’s Confederation Line Light Rail Transit (LRT) stations.

In the first, First Capital Realty has proposed a 30-storey building in Gloucester. It recently filed a site plan with the city for the building at 1980 Olgivie Rd., Ottawa Business Journal has reported.

The project calls for the development of a six-storey mixed-use podium and a residential tower above. It calls for nearly 20,000 sq. ft. of retail property and more than 10,000 sq. ft. of office space.

Two levels of underground parking and two internal levels of parking on the ground floor would provide space for 309 vehicles and 192 bicycles.

First Capital owns the nearby Gloucester Centre shopping complex which would be linked with the new building and Blair Station through an elevated pedestrian walkway.

In the second proposed project, developer Main and Main wants to build three high rises with nearly 900 residential units downtown on the former Alterna Savings and Credit Union site at 388 and 400 Albert. St. And 156 and 160 Lyon St.

In a site plan application recently filed with the city, the developer proposes constructing towers 18, 33 and 38 storeys high, with a three-storey mixed-use podium connecting the 18 and 33-storey buildings.

The overall project would occupy more than 700,000 sq. ft. of space, with a park on the property’s northeast corner. Currently the former credit union’s vacant two-storey building occupies the 1.5 acre site, with the rest of the space used as a parking lot.

The land is just 150 metres south of the Lyon LRT station on the new Confederation Line. The developers say there is a potential “enclosed and elevated pedestrian connection” linking the 18-storey tower on the property’s northern side to the new transit station.

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