Quebec-city based Cominar says that Ford has signed for 40,000 sq. ft. at 800 Palladium Drive in Kanata.
The new building will be home to one of the automaker’s most sophisticated research and development centres, and more than 300 new specialty engineering jobs will be created as a result, the real estate investment trust (REIT) says in a statement.
“Cominar is proud to contribute to the development of a major technology hub in the Greater Ottawa area,” said Marc Shank, vice-president, leasing – Ontario. “We are confident that this project will be attuned to what the market is looking for in terms of sustainability and innovation.” The REIT says additional space is available for lease to other potential tenants.
The developer says the five-storey, 100,000-sq. ft. building will be completed by the fall of 2020.