urbottawa
Active Member
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urbottawa
Active Member
Cross post from retail thread:
The National Capital Commission has purchased an empty storefront at the corner of Rideau Street and Sussex Drive that was once occupied by Chapters, CTV News has learned.
The Chapters on Rideau Street had been in business since 1996, but closed in 2022 when parent company Indigo opened a new store in the CF Rideau Centre mall across the street.
Sources tell CTV News Ottawa that the NCC purchased the property at 47 Rideau St. for more than $20 million.
It's unclear what the NCC plans to do with the space, but sources say the Crown corporation will be seeking tenants.
The NCC is the largest property owner in the national capital region. It owns more than 1,600 properties in Ottawa and Gatineau, including several commercial, residential and heritage buildings, in addition to the capital's six official residences.
According to the NCC's 2022-2023 annual report, commercial property leasing in the last fiscal year brought in $19.8 million in revenue.
--With files from CTV News Ottawa's Graham Richardson.
https://ottawa.ctvnews.ca/ncc-buys-former-rideau-street-chapters-building-for-20m-sources-1.6726925
NCC buys former Rideau Street Chapters building for $20M: sources
The National Capital Commission has purchased an empty storefront at the corner of Rideau Street and Sussex Drive that was once occupied by Chapters, CTV News has learned.
The Chapters on Rideau Street had been in business since 1996, but closed in 2022 when parent company Indigo opened a new store in the CF Rideau Centre mall across the street.
Sources tell CTV News Ottawa that the NCC purchased the property at 47 Rideau St. for more than $20 million.
It's unclear what the NCC plans to do with the space, but sources say the Crown corporation will be seeking tenants.
The NCC is the largest property owner in the national capital region. It owns more than 1,600 properties in Ottawa and Gatineau, including several commercial, residential and heritage buildings, in addition to the capital's six official residences.
According to the NCC's 2022-2023 annual report, commercial property leasing in the last fiscal year brought in $19.8 million in revenue.
--With files from CTV News Ottawa's Graham Richardson.
https://ottawa.ctvnews.ca/ncc-buys-former-rideau-street-chapters-building-for-20m-sources-1.6726925
urbottawa
Active Member
In other news, the office space at 100 Sparks St and 30 Metcalfe St appears to be completely vacated with the windows covered.
Bridgehead and Le Moulin de Provence still seem to be operating.
Provencher_Roy was awarded a contract for architectural work
Bridgehead and Le Moulin de Provence still seem to be operating.
Provencher_Roy was awarded a contract for architectural work
I actually quite like that building. Great example of mid-century modernism.
urbottawa
Active Member
Pretty sparse agenda for the NCC board meeting this month:
Thursday, January 25 (online)
11:15 am to 12:30 pm
(Subject to change without notice.)
Date and time
Thursday, January 25 (online)
11:15 am to 12:30 pm
(Subject to change without notice.)
- Opening of the public meeting and introductory remarks
Chairperson - Adoption of the Agenda
- Declaration of Conflicts of Interest
- Adoption of the Minutes
- Business Arising from the Minutes
- Report on Activities (I)
- T. Nussbaum
- Municipal Reports
- 2024-P215 – Federal Land Use and Design Approval - Global Affairs Canada Commemorative Artwork – 99% Developed Design (D)
- A. Miguelez
- 2023-LB08 - Building LeBreton Project Updates (I)
B. Leonard - Adjournment
urbottawa
Active Member
I like it as well, hopefully it's mostly kept intact and the sparks st building gets more of a refresh
Agreed. Don't really care for the Sparks building.
In other news, NCC Board Meeting agenda. It's pretty light considering they skipped the last two public meetings.
In other news, NCC Board Meeting agenda. It's pretty light considering they skipped the last two public meetings.
urbottawa
Active Member
April 18 agenda:
Here's some background on the NRC redevelopment. Not quite as exciting as we might first think.
