Building Update

Gotham - Occupancy Delay

Sign-Gotham.jpg

Owners of Gotham (224 Lyon) received notification from Lamb Development this morning of another delay in firm occupancy. Owners on the lower floors were expecting the occupancy as of March 24th, but notified today that it is pushed back till April 1st (some higher floors are reporting similar delays). 

As is in the notice "Due to some unexpected and additional items identified as required for occupancy by various City Inspectors on Thursday of this week (that will take 5-10 days for the site to complete,) we are giving you a revised firm occupancy date of 1 April 2015."

Lamb Development faced two large and unfortunate set backs during construction by outside trades that have held up completion of the building. They stand by the product, with Brad Lamb saying that "Gotham will be Ottawa's finest residence."

Questions about Gotham condos in Ottawa? 

Gotham Showcases Modern Industrial In Four Models - Ottawa Citizen

Gotham-exterior-2.jpg

The Ottawa Citizen looks at the four models that are opening to the public tomorrow March 14th, inside the Gotham Condos. Of the 240 units in the building, only 40 suites remain, with pricing starting at $262,900 up to $451,900. Built by Lamb Development, the building is starting occupancy March 24th, 2015. Questions about Gotham? I would love to help.


Gotham Showcases Modern Industrual In Four Models
Patrick Langston - Ottawa Citizen
March 13, 2015 

Condo buyers anxious for a taste of life at Lamb Development’s much-anticipated Gotham — a name that evokes robust images of both New York City and Batman — can do so Saturday when four model suites open to the public.

The models, ranging from 497 to 922 square feet, feature strong industrial accents such as exposed concrete as well as generous glazing and contemporary decor.

The 17-storey building of glass, steel and black brick towers over a mostly low-rise neighbourhood at the corner of Gloucester and Lyon streets.

The project has sold well since it launched four years ago: only 40 of its 240 units remain available, and the builder may keep some of those unsold condos as rentals. Penthouses and “glasshouses” (spectacular, glass-enclosed units) have all sold.

Construction was slowed by this winter’s extreme cold, but company president Brad Lamb says buyers are expected to take occupancy by March 24.

The remaining units will be sold four at a time, and there will always be a quartet of model suites for viewing. Lamb calls the approach a “patient” way of selling. Keeping your customers a little hungry is also a smart way of selling.

Available suites at the time of writing range from $262,900 to $451,900.

The model suites embody the company’s fondness for contemporary, industrial-tinged design, according to Lamb.

“We want to be edgier in all our units: we use exposed concrete; nine-foot ceilings, sometimes higher; modern, clean finishes. We don’t want anything historically oriented; it’s always to the future.”

Lamb says the models target Ottawa’s main condo market: young singles, young couples, the occasional 50-plus pair without children. 

“Our goal is to deliver in every market the best units in the middle-class range.”

The project will include seven condo townhomes with private patios and 20-foot-plus ceilings in the living/dining rooms. Five of the seven homes have sold.

The models

Loft 08/09: The one-bedroom, 497-square-foot unit may be the smallest of the four models but, like all the condos at Gotham, the shotgun-style layout captures some of the great outdoors thanks to the wall of glass in the living/dining/kitchen area. The expanse of glazing includes a patio door leading to the standard-issue balcony with its gas barbecue hookup.

The kitchen features stainless-steel appliances including a gas stove, and the sleek, white Euro-style cabinetry matches the quartz countertop. The finishes in the models are all standard features, says Lamb.

The bath and bedroom, the latter with three walls only and simply decorated to reduce clutter, sit between the entry and the main living area.

An exposed concrete wall runs the length of the model, which is priced at $262,900.

Loft 10: With both a den and a bedroom, this unit maxes out its modest 648 square feet.

The den, just off the entry, sets the contemporary tone with its exposed concrete wall, black-and-white photo of a manual typewriter, and a metal-and-glass floor lamp.

A round wooden table set with white candles and surrounded by wood and-blue fabric chairs lends warmth to the living area with its one concrete wall and ceiling that are Lamb standards.

The bedroom’s sliding, frosted-glass door would provide privacy if you had a guest sleeping on a pull-out couch in the adjacent living room.

This unit is $317,900.

Loft 11/12: Another bedroom-plus-den unit, but at 751 square feet, this one has extras such as a four-piece bath with access from both the bedroom and den.

The kitchen, which is just off the foyer, has an elegant feel thanks to the blend of charcoal grey cabinetry and white countertops.

“I think we build the most beautiful washrooms and kitchens in any market,” says Lamb. “They’re like art.”

The suite, which sells for $357,900, features dark wood flooring and striking furniture, like a metal and timber credenza.

Loft 07: At 922 square feet, this unit has room for a den, a bedroom large enough for a compact tub chair in one corner, a four-piece ensuite with an undermount sink, and, just off the foyer, a powder room.

Contemporary reigns in the living area with metal basket dining chairs, a gleaming white laminate credenza, and low-slung steel and fabric easy chairs.

The kitchen sports a large island with a double, undermount sink and contemporary fixtures. The backsplash is light grey subway tile.

The unit costs $451,900.

In the area

It’s a short walk to everything from Bank Street’s restaurants and stores to parks like the one overlooking the National Library of Canada. For those with a green thumb, there are a couple of nearby community gardens, including one at Nanny Goat Hill at Laurier and Bronson.

Gotham

What: 240 condo units in a 17-storey downtown tower. Also an adjacent seven-unit townhome condo development.

Builder: Lamb Development Corporation

Prices: Apartments that will be available as of Saturday start at $262,900. Condo fees: 42 cents a square foot. Parking, $35,900.

Sales centre: 224 Lyon St.

Hours: Monday to Wednesday, noon to 6 p.m.; Thursday, 3 to 8 p.m.; weekends, noon to 5 p.m. Closed Fridays. (Model viewings by appointment only.)

Information: 613-257-8887gothamottawa.com

Bowery - Construction and Sales Update

Bowery Condos Ottawa Construction

Construction is underway at The Bowery Condos (255 Bay St) by Richcraft Group. Crane was delivered on site a short while back and crews are currently pouring the lowest parking level, P4.

Currently sitting at just over 25% sold, with an expected occupancy date of late 2016 for the lowest floor to mid to late 2017 for the penthouses. Some of the units are now sold out completely (the S4 studio unit, penthouses), while some have limited availability (S1, S2, S3, O2, O3, F4) on the lowest floors. 

Question about The Bowery Condos? 

Gotham - Building Update

Gotham Ottawa Condos Lyon
Gotham Ottawa Condo Exterior 224 Lyon

Lots of activity on site (224 Lyon st) getting ready for the first occupancy date of March 24. Today the appliances for the 9-13th floors being delivered, and the exterior construction elevator was being taken down. While there is still some exterior brickwork to be finished, some of the on-site crew has said that the majority of the units are mostly completed and ready to go, only a few exterior and common areas that still need last bit of work.

Any questions, I would love to chat! Click here to talk.

Minto Vibe at Lansdowne Now SOLD Out!

The Vibe, located at 118 Holmwood and Bank, is officially sold out. The Vibe is the first of two towers for Minto's Lansdowne project. The Vibe was a 13 storey, 125 unit, building with commercial space in the lower levels. Minto has a good history of building condos with The Metropole and Ampersand here in Ottawa, among others (in Ottawa, Toronto, and Florida). 

There are only twelve units available out of the 280 from both towers. Most of these condos are one plus dens, two plus dens, and some penthouse units that remain. Prices range from $424,900 for a 764sqft west facing unit, up to $1.3M for the 2002sqft northwest facing penthouse.

Fortress Real Developments - Market Manuscript Spring 2015

Fortress Real Estate Manuscript Spring 2015

Fortress Real Developments, has now released the third edition of their semi-annual Market Manuscript. This is the third edition which is an in-depth analysis of available real estate data and projections, delineated by market, and grounded in solid research. It profiles the Canadian Market as a whole along with individual markets such as Ottawa, Toronto, Calgary, Edmonton and Winnipeg, along with local and national trends.

The 50 page report is written by analyst Ben Myers, a 15 year veteran of researching real estate markets across North America. "There are a lot of conflicting reports on the real estate market. These studies rely on oversimplified calculations, which lead to misleading results. It is important for both buyers and sellers to know who to trust," says Myers. "That's why we put this Manuscript together: to promote the best analysts, and dispel common misconceptions."

Highlights include:

  • No one thinks there will be a national crash: Despite the predictions of doomsayers, nearly two-thirds of analysts now believe that there is less than a five per cent chance of a housing correction over the next five years. Indeed, RBC Global Asset Management even believes that Canadian house prices are undervalued by four per cent.
  • Analysts disagree on the definition of a housing bubble: Survey results indicate no consensus on the level of price growth that suggests a bubble, with a need for speculative buyers to be included in that definition. Foreign condominium buyers are not bad for Canada, and analysts concur that they will not immediately flee the market should house prices decline drastically.
  • Ottawa is expected to rebalance in 2015:  Although data providers have reported divergent results of year-over-year price growth, the fundamentals – employment growth – are still positive. Condominium apartment prices and absorption should improve, following a rare period of overbuilding and over exuberance in the typically staid market in the nation's capital.

Download the full report HERE.

Note* Fortress Real Developments is involved with Gotham Ottawa, SoBa Condos, the upcoming Bronson, among others outside of Ottawa.

*taken from the Market Manuscript Spring 2015

*taken from the Market Manuscript Spring 2015

Domicile Names Main Street Project: The Corners On Main

The Corners On Main Domicile Condos Ottawa

Domicile has announced that the project located at 141 Main Street will officially be called "The Corners On Main". Announced through Facebook and on Twitter, the local Ottawa builder also linked to the promotional page which includes some history on the location. See the Domicile page here, or check out our write up.

The Corners On Main Logo Condos

The Corners On Main is/was planned to start selling early 2015, with occupancy planned for 2017. Phase one and phase two each plan to include 70 units ranging from 600 to 1250sqft, 140 total units plus commercial space.

Domicile Ottawa The Corners On Main Condos

Tamarack Wellington - Construction Update

Tamarack Wellington Ottawa Condo Construction

Tamarack Home's newest building Tamarack Wellington, a 52 unit, six floor building, designed by Barry J. Hobin, will be starting construction this Monday, March 9th. Located at 1140 Wellington Street West, the building is set for completion mid 2016. Currently 37% sold out, with floor plans across every floor still available.

Here is the full memo released by Tamarack:

WEEK OF MARCH 2ND, 2015 - BREAKING GROUND

Overview:
After overcoming some final hurdles to obtain our Building Permit, we are now officially ready to start Construction! Taggart Construction has mobilized on site and are completing some exploratory work in preparation to commence shoring and excavation work next week.

On Monday March 9th, our shoring contractor will begin to drill and install piles along the perimeter of the site. You will see a large drill rig on site that will be used to drill and drive the piles into the earth. As we install the piles, we will be removing earth and installing lagging to support the extent of the excavation. This portion of the work will take roughly 2-3 weeks to complete.

What to expect during this stage of construction?

-Increased site activity. You will see delivery trucks, equipment being delivered, and increased activity of individual workers on Site. Safety is our number one priority. We will ensure that every truck entering and leaving the site does so with traffic control present.

-Noise caused by drilling and driving piles into the earth will be evident. This is typical construction practice and should not disrupt daily activity for nearby residents and businesses. Noise will only be heard during conventional hours of Construction (7am-5pm).

-Removal of earth will be ongoing but infrequent. Due to the infrequency of loads traffic should not be impacted.

-Removal of trees – We are required to remove four existing trees at the east end of our property, bordering the Grace Hospital. We will be replacing these trees with a mix of new species that will enhance the natural landscape of the area.

What’s next?

-Installation of Site Servicing at the east end of our Site is schedule to commence on March 23rd. We will update the blog as dates become firm.

-Line drilling and rock blasting is scheduled to commence on March 30th. We will be sharing a detailed blasting schedule and blasting protocol as we approach this stage of the work.

Thank you all for your ongoing patience and support!

Sincerely,
Tamarack Wellington Construction Team

SoBa Condos - Model Suite Furniture Sale - This Saturday

SoBa Furniture Sale Ottawa Condos

**For updated information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

In preparation for the start of construction, Lamb Development Corp. is selling off the furniture in the model suite at SoBa (203 Catherine St). The sale will take place this Saturday from 12noon till 4pm. They are offering up to 65% off retail price for furniture, kitchen cabinetry, fixtures, appliances, as well as the bathroom fixtures and lighting. Brands include UpCountry, italinteriors, klaus, Teknion, Visitor Parking, Home Atelier, and plan b. Note: Cash only, and all sales are final.

This sale will allow the construction crew to move the sales centre on March 1st, so that construction can begin.

Richcraft Joins The Tallest Condo in Ottawa Battle!

Richcraft Little Italy Towers

Next week Richcraft is going to be in front of the planning committee to get approval for the tallest condo building in Ottawa. The building will be located at 845 Carling, one of three buildings they are hoping to construct on the site which is the old Dow's Honda location. 

From Ottawa Citizen Article

From Ottawa Citizen Article

Currently approved and now under construction, Claridge's Icon holds (or will hold?!) the title for tallest condo building in Ottawa sitting at 45 storeys. Richcraft is hoping for a 55 storey(180 meters) building, along side a 45 storey (148 meters) and 18 storey (66 meters) sister towers, all containing approximately 1120 units, with 6,800 sq meters of ground floor commercial space.  Currently the entire Carling/Preston area is zoned for 31 storeys, which was approved last summer.

The main issue at this point seems to be over parking. Minimum parking for the complex is 675 residential spaces (91 commercial), however Richcraft is looking for an extra 100 spaces (766 in total plus the 91 commercial). The builder is also looking for an increase in bicycle parking spots to 566. Plus this complex will have direct access to the O-Train's Carling station, raising questions as to why the extra spots. 

Little Italy Richcraft Tower

Link to the Zoning Amendment

Link to the Wind Study

Any questions about pre-construction condos? I would love to chat!

Claridge Icon - Construction Started - Sales Update

Photo from Claridge Icon Facebook Page

Photo from Claridge Icon Facebook Page

Claridge Icon Construction 2.jpg

Construction has officially started on the Claridge's Little Italy tower, Icon. Currently the tallest to condo tower in Ottawa at 45 storeys and 420 feet high (until Richcraft steals the title), which will see construction continue for the next four years (December 3rd, 2018).

Currently with about 25% sold, or about 80 units, Claridge is very confident that with the amount of time to build the project, they will have no issue in selling all of the units.

For more information on the project, visit the website ClaridgeIcon.com.

If you have any questions about this project, or pre-construction condos in Ottawa, click the button below.

Byward Market to see Andaz Hotel = What does it mean for Ottawa?

News broke yesterday when Claridge VP Neil Malhotra tweeted "We're very pleased to announce and welcome the first Andaz Hotel to Canada". Which set off a small tweet-fest, mostly of support in favour of the ritzy chain to come to Ottawa.

The hotel itself will be 200-rooms, expected to open in 2016, and will be the first Andaz-branded hotel in Canada. Currently under construction, it is a great addition to the area. Much needed in fact, which has not seen much attention from developers as it has in the past number of years.

Besides the hotel, Claridge will also be looking to build a 22 storey residential tower, that will tower over the 15 storey hotel. While still early in the planning it will certainly interesting to see the reaction from the current residents. It is not that tall, in comparison to previous and nearby towers. 

Both towers will certainly help bring back the glory of the Byward Market, especially with marketing dollars being spent to sell the area. Will be interesting to see things moving forward.

Ottawa Citizen Article Here

SoBa Update + Final Pre-Construction Sale

soba-construction-starts ottawa.jpg

**For updated information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

Lamb Development Corp has officially announced date for the start of construction. Starting on March 1st, the sales office will close and construction will begin. Currently the building is at 86% sold out, with a good selection of units still remaining. In order to start the next phase with a bang, Lamb is offering a "Final Pre-Construction Promo" of up to $50,000 off prices depending on the size of the unit. Official amount ranges from $13,000 for the smallest unit, up to $50,000 off for the penthouse unit.

Interested in getting more information about SoBa condo units, or purchasing a condo in Ottawa? Let's chat!

2014 Sammy Awards Results

Taken from a Richcraft promotional piece following the recent win. 

Taken from a Richcraft promotional piece following the recent win. 

There has been lots of excitement over the past year, with much more competition between builders means more effort into marketing, sales, and design. The Sammy Awards are held by the Greater Ottawa Home Builders Association every year, for local builders and industry partners.

Richcraft Homes was the big winner, taking home the Grand Sammy for most awards. They won Best Print Advertising for a Builder (The Bowery Condos), Best Builder Sales Centre (The Bowery Condos), Best Marketing Campaign (The Bowery Condos), and Best Builder Brochure (The Bowery Condos).

Claridge Homes took home Best Condo Model for a High Rise (the Tribeca Broadway unit), Best Builder Website, and Best Town Home Model over 1,500sqft.

Minto Communities also won with Best Project Logo, and Most Environmentally Friendly Builder. 

For a full list of winners, visit here. For more information on the Sammy's visit here.

Summerhill at Dow's Lake - Redesign Coming

Summerhill Condos Samcon Ottawa

Samcon, was originally building a six storey, 39 unit concrete building, named Summerhill at Dow's Lake, but has recently decided to redesign the project due to low demand.  The project was to be located at 557 Cambridge Street South, and was expected to be completed in 2016.

Today Samcon has announced that: "With a low demand for the product we were offering. Samcon has decided to redesign the project with something that would attract more people. So far the direction we are leading towards is a 5 storey wood construction with approximately 60 units. We will offer beautiful finishing on the interior and exterior and a very affordable price. The units will mainly be 2 bedrooms in the 635sqft to 850sqft range with a some 1 bedrooms as well. The presentation center will be closed temporarily until we complete the redesign process."

Samcon is an established condominium builder in Montreal. With nearly 25 years of experience, 13 active projects in Montreal, over 75 projects complete and over 4000 condos sold. A 97% customer satisfaction rating has earned them 10 Domus awards including 4 time Builder of the year Award. 

Looking for a pre-construction condo in Ottawa? Have some questions? I would love to help!

Bowery Condos - Construction Started

For the past few weeks Richcraft has been blasting away at the site for Bowery Condos, located at 255 Bay Street at Gloucester Street. Currently the building sits at 25% sold which is just about 60 units. Exciting to see things moving forward for the project.

Here is a run through of the Bowery building I did when it first launched.

Sales website: http://www.thebowerycondos.ca/

Main Street by Domicile - History Lession

Sacred Heart Convent, 2000 - From History Of Ottawa East

Sacred Heart Convent, 2000 - From History Of Ottawa East

Domiciles next project to launch will be located in Old Ottawa East, at 141 Main Street. The two building, five floor, 140 unit project, will be located on 3.5 acres between Oblate and Springhurst. The current building, a convent named "Sisters of the Sacred Heart of Jesus" or "Les Soeurs Du Sacre-Coeur De Jesus", dates back to 1902.

At the request of the Oblates Fathers, five sisters arrived in Ottawa from Brittany France to provide domestic services. Then in 1911, five townhouses, a boarding school, and a small convent was built. The original convent was destroyed by a fire in 1913 and the present convent was rebuilt a few years after. The Sisters adapted to the Canadian culture and began teaching syllabus to local students. It quickly grew to over 200 students and had numerous additions and wings built. At its peak in 1961, there were 246 Sisters living, and working at the convent. Ceasing to train new members in 1995, the convent presently remains home to 79 Sisters.

The property was purchased by Domicile on January 3rd, 2014, who has committed to allow the sisters to stay in the convent indefinitely.

For a more detailed read, check out the History of Ottawa East page.

Main Street by Domicile

Main Street By Domicile Front

Located at 141 Main Street, between Oblate Avenue and Springhurst Avenue, local Ottawa builder Domicile, will be launching the next project called Main Street. Currently a convent, Sisters of the Sacred Heart of Jesus/ Les Soeurs Du Sacre-Coeur De Jesus, dates back to 1902. Still in use today by 79 Sisters who call it home, with many working outside the convent in teaching and nursing positions. Domicile purchased the land on January 3rd, 2014, and is committed to keeping the Sisters in the convent indefinitely.

Domicile is looking to construct in two phases, the first being the rear building on Oblate and second phase which will front on Main. Phase one will be a six storey building located at the east end of the property with approximately 70 units ranging from 600 to 1250sqft. Phase two is located at the west end and will contain another 70 condo units.

In addition to the residential condos, there will be about 1,485 square meters of retail space for nine or ten smaller shops and restaurants.

Domicile is looking to start selling early in 2015, with construction start later the same year and occupancy planned for spring/summer 2017. 

Features of the building include:

  • Smoke Free (as is the last five Domicile projects)
  • Our Extended Warranty – one & two year coverage is extended to 4 years (first builder to 
  • offer this)
  • Roderick Lahey Architect
  • Guest suites
  • Fitness facilities
  • Roof top terraces
  • Interior courtyard off Springhurst.
  • Private 5200 SF park, inspired by Greeley Park in Manhattan
Ariel View of 141 Main Street - Harley613

Ariel View of 141 Main Street - Harley613

Claridge ICON - Building Update

Claridge Icon Tweet

Yesterday Claridge Condos tweeted that "Our #ClaridgeIcon sales centre has moved to 200 Lett Steet. BRING ON CONSTRUCTION!" This is great news for those standing behind the future tallest tower (45 stories or 420ft) of Ottawa. Quoted in a recent Ottawa Citizen article, Bill Malhotra (founder and president of Claridge Homes) said that 71 of the 320 units (22%) in ICON have sold, which includes half of the penthouse units. 

ICON will be located at Preston and Carling, where Little Italy meets Dow's Lake. The building will house a restaurant on the main floor; the next two levels will be Claridge offices; and there will be a party room, yoga room, guest suites, a billiard room and a swimming pool for residents. 

Construction is set to start December 1st, 2014. Occupancy is set for December 3rd, 2018. 

NUOVO - Building Cancelled

Nuovo Condos Ottawa

With the recent slowing of sales, Domicile has decided to cancel their newest Little Italy condo building, NUOVO. We last posted that sales for the building were sitting at 20%, they had signed La Bottega Nicastro to be a grocer in the main floor, and they were pushing to start digging March of 2015. However with the amount unsold, and with the number of buildings launched and under construction in the area, they had to make a choice. Over the last few days, deposits for the units have been returned, the website has been taken down, and all mention of the project has been removed from their website.

We are a fan of Domicile; their quality of work, and the customer service is top notch. They have said that they will be focusing on the next project on Main Street. 

Below was the overview of the interactive application that was inside the NUOVO sales centre.