Over the next 25 years, Ottawa needs to build 200,000 new homes as its population grows by 400,000 people. New rental homes suited for families, seniors and young workers will be in increasingly higher demand as the cost of home ownership continues to climb.
To help our city meet the needs of the future, Ferguslea Properties is applying for the necessary zoning amendments to build two purpose-built rental buildings on our vacant land adjacent to the Bayshore Shopping Centre. This will create more than 550 new homes, including a significant share of family friendly two- and three-bedroom units. The amendments would allow for two buildings of 37 and 40 storeys, which is consistent with the approach in the City of Ottawa’s new Official Plan for high-rise development around major transit hubs. The buildings are also in keeping with the neighbouring 100 Bayshore Dr. project already in development.
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