City councillors have given the green light to a revamped vision for its previously underfunded plan to redevelop the Arts Court site just south of the ByWard Market.
© Kane Van Ee
The city plans to spend $34 million on the project, which would add more space for the Ottawa Art Gallery, a film screening room and a theatre for the University of Ottawa to the site.
The plan, approved at Wednesday’s city council meeting, calls for finding a private developer to purchase the development rights at the site located at 60-70 Waller St.
That company would then build the components the city’s plan calls for to go along with an “integrated private sector tower,” according to the staff report on the subject.
Council’s decision on Arts Court means another project, the plan to put public money towards getting a private business to build a sound stage, is in line to see its funding cut by two-thirds.
The Arts Court plan calls for taking $1 million from the $1.5 million the city had budgeted to spend on the sound stage.
The sound stage has already been through a number of changes. The city initially signed up Toronto film studio Cinespace to build the project, but they backed out early this year over concerns the city wasn’t willing to spend enough.
Despite the funding cut, staff are still confident $500,000 left for the sound stage project will be enough to put together a quality project.
Heritage designation for the British American Bank Note Company building
Councillors voted to designate a building the Canadian Bank Note company owns as a heritage structure.
A staff report found the British American Bank Note Company building, located at 975 Gladstone Ave. in Hintonburg, has historical value as an example of an international style factory structure.
Canadian Bank Note purchased the building for $10.2 million earlier this year.