Ontario Construction News staff writer
Colonnade Bridge Port and the Fiera Real Estate CORE Fund have officially started work on the first phase of Junction Central, a fresh mixed-use residential community located in Ottawa.
The two-tower project at 25 Pickering Pl. is set on a 4.9-acre plot next to the city’s central VIA Rail station, Tremblay LRT station, and Highway 417, as reported by the Real Estate News Exchange (RENX).
This site, which used to belong to commercial cleaning product maker Dustbane, was purchased by the developers back in April 2020 and needed extensive cleanup before building could commence.
“We knew it had contamination and needed to be remediated,” Hugh Gorman, chief executive officer of Colonnade Bridge Port, told RENX. “It was one of those things where we felt like we had a great piece of land and we were just going to have to work it.”
This marks the third collaboration between Colonnade Bridge Port and Toronto-based Fiera Real Estate for multi-residential developments in Ottawa, following their previous projects Westboro Connection and Hintonburg Connection. In this initiative, Fiera owns a 75 percent share of the land and a 70 percent share in the two-building Phase I development while Colonnade Bridge Port retains the remainder.
The initial phase of Junction Central will feature two buildings – the 14-storey Linq and the 28-storey Connex – offering a total of 498 rental units that range from studios to three-bedroom apartments. The complex will also provide nearly 20,000 square feet of retail space on the ground floor.
The developers are aiming for LEED Silver certification and are including practical amenities suited for mid-to-high market residents. These amenities will feature a rooftop terrace with a dog run, fitness facilities, co-working areas, and electric vehicle parking.
Subdivision servicing is currently happening on-site with initial occupancy expected around late 2027 or early 2028.
As for what’s left of the 4.9-acre property, reports suggest that partners are considering selling off excess land to businesses focused on hotels or senior housing due to strong local demand for those types of properties.
Fiera Real Estate is part of Fiera Capital Corporation and is also collaborating with TCU Development Corporation on another project – a 21-storey rental building called SOUL in Ottawa’s Cyrville neighbourhood.
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