Hopes 300,000 square foot tower will attract “major employer”
A Gatineau developer on Thursday morning announced plans to build 450,000 square feet of commercial space north of Regional Rd. 174 near Petrie Island in Orleans.
An artist's conception of Brigil's Petrie's Landing III development (courtesy Brigil).
By David Sali
Brigil Construction says its Petrie’s Landing III mixed-use development, which it calls an investment of more than $300 million, will ultimately create more than 2,100 jobs by attracting a variety of businesses to the area.
The company anticipates that this will range from retail stores and restaurants to doctors’ and lawyers’ offices.
Company officials say they hope the project, which will feature a six-storey, 300,000-square-foot office tower as its centrepiece, will attract a “major employer” and act as a catalyst for further economic growth in the east end.
“Everybody realizes there is a need in east Ottawa for businesses … but there’s not a building for it,” said Martin Chenier, the Ontario general manager for Brigil.
“We might be able to get a whole bunch of new local employees. It’s going to allow people to live and work close to home, which is something everybody’s looking for. It’s a project the city really wants to see happen.”
In addition to office space, the first phase of the project will include a banquet hall and multipurpose room covering a total of 64,600 square feet and capable of hosting several major events at once, said Mr. Chenier.
Down the road, the company plans to construct an apartment complex with about 200 units as well as several other buildings with a mix of office and residential space.
“This new project … will have a major impact in attracting businesses and families to settle in the region,” Orleans Coun. Bob Monette said in a statement.
Brigil has no commercial tenants lined up yet, but Mr. Chenier said that’s not a concern.
“We’ve been keeping this quiet until today,” he said, adding commercial real estate agents are already “lining up” to bring in potential tenants.
“I’m sure with the announcement, we should start getting more interest in the area.”
Pending all the necessary zoning approvals, shovels should be in the ground for the first phase by the end of next year or early 2015, Mr. Chenier said.
The city has recently been trying to encourage more business to relocate to Orleans.
Last fall councillors approved a staff-recommended program that would allow companies that relocate to the eastern suburb the chance to pay back property taxes over a longer period of time.
They hoped this would lead to more people working close to where they live. Staff found that Orleans has one of the highest rates of people commuting to other parts of the city for work.