City council’s finance and economic development committee is recommending that city council approve a grant, worth up to $693,000, to support Vantage Management Group’s plan to redevelop a property in Orléans.
© Kane Van Ee
Ottawa City Hall
The grant, which would be awarded as part of the Orléans Community Improvement Plan, would be based on the additional property tax revenue the redevelopment brings in for the city. It’s conditional on the project going ahead.
Vantage plans to add three stories to an existing building at 373 Vantage Dr., which would create 12,000 square feet of new office space. The company also plans to redo the exterior of the existing building.
According to Vantage, the new building could attract 60 new jobs to Orléans