News

Check out market updates

LEBRETON FLATS – DEAD DEAL

LEBRETON FLATS OTTAWA 2019 - CHRIS STEEVES REAL ESTATE

Sadly, the final efforts to negotiate the latest Lebreton Flats deal, are now officially dead.   Eugene Melnyk of the Ottawa Senators, and Jon Ruddy of Trinity Developments, did not resolved their legal battle, and did not arrange an agreeable deal with the city.   I’m sure this came as no surprise to most of us.

Staying optimistic, I will say that I had always preferred DevCore‘s proposal for Lebreton.  It appeared to provide more amenities for the public, and had  more visually appealing architecture and design (in my humble opinion).   Will the city of Ottawa go back to Andre Desmarais and Guy Laliberte of DevCore, and negotiate a new deal?    Will Melnyk take his Senators to a new location, or new city even?   

While it’s a bit soon to say where this situation is headed, I for one, would love to see something happen ASAP at the Lebreton grounds.   Hopefully it will involve a beautiful new hockey stadium, an attractive mix of residential condos, commercial retail shops, an outdoor entertainment theatre, some sporting activity centers, maybe a library, and some well-designed public green space.     There has got to be a way to move this thing in a positive direction and bring something extremely exciting to the downtown of Ottawa.

For further reading on the recent updates:

OBJ – Feb 27, 2019

Citizen – Feb 27, 2019

 

CHRIS STEEVES

Sales Representative. Residential & Commercial.
Capital Homes Realty
217-1419 Carling Ave, Ottawa, ON
Office: 613 744 0356

Visit our website:
WWW.CHRISSTEEVES.CA
Connect on Linked In
Like My Facebook Page

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>