Selection Group plans $383 million in Ottawa-area residential projects

0
417

Ottawa Construction News

A Laval, Quebec developer says it plans to expand to the National Capital Region with $383 million of residential construction projects in Ottawa and Gatineau.

Selection Group says it will build three major residential projects, two in Ottawa and one in west Quebec, as the company pursues plans for expansion across Canada. It says it will complete the first residential units in 2020.

“Each project will offer senior lifestyle and intergenerational living environments, with spaces dedicated to housing and leisure, and will provide environments meant to foster a strong sense of community amongst residents,” the company says in a statement.

The Ottawa projects include:

A $120 million development project in Orleans
The Orleans project will incorporate two residential buildings on Innes Road. The first tower, with 255 units,  scheduled to open in Winter 2020, will cater to both independent and assisted living seniors. “The second tower, with close to 100 units, will reflect Selection Group’s vision of creating functional, intergenerational living environments, where different generations can be enriched by living side by side,” the statement said.

A $150 million development partnership with SmartCentres in Ottawa West 
Selection Group says has entered into a partnership agreement with SmartCentres to develop a mixed-use complex at SmartCentres Laurentian Place shopping centre at the corner of Baseline Road and Clyde Avenue. The project will consist of two buildings, with several housing units, shared common facilities, independent retail shops and three levels of parking. Construction is planned to begin in Spring 2020 with the opening of the complex scheduled for Summer 2021.

A $113 Million development project in Gatineau
Similar to the model proposed for Orleans, the project on Plateau Boulevard in Gatineau will incorporate two residential buildings, one catering to both independent and assisted living seniors, with 240 units, and one dedicated to intergenerational living, with 166 units. The first phase of the project, reflecting the seniors’ residence, is scheduled to open in Fall 2020.

“We are thrilled to announce our first projects in Ontario, with the construction of major projects in the National Capital Region,” said Selection Group president and CEO Réal Bouclin. “Selection Group takes great pride in offering a variety of residential products that are tailored to the specific needs of our clients. We have made it our mission to build thriving communities in Quebec and now we are ready to bring this success to the rest of Canada, starting with these breakthrough projects in Ontario. It is time to look ahead and the future looks bright.”

Selection Group says it has more than 50 housing complexes in operation, construction and development, in Canada and the United States, and the value of its assets surpasses $4 billion. The company employs more than 5,000 and says it serves 15,000 clients.

Caption:

Google Maps view of the Smart Centre Laurentian Place at Baseline and Clyde Avenue.  The green undeveloped area was the baseball diamond of the former Laurentian High School.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.