Cadillac Fairview begins construction of its first residential rental project

288 unit building connected to CF Rideau Center

Ottawawe And on 5 Dec. 2022 /CNW/ – Cadillac Fairview (CF) is pleased to announce the commencement of construction on a 288-unit rental property connected to the CF Rideau Center, the largest shopping mall in…Ottawa And also the busiest.

Rideau Registry Residences, wholly owned by CF, represents the company’s first major investment in a residential rental development in Canada. Construction will begin this fall, and today’s announcement reflects CF’s strategy to expand and diversify its Canadian real estate portfolio by ramping up its existing mixed-use assets.

In addition to carefully designed rental apartments and extensive amenities, the project will include the transformation of the historic cityOttawa to a modern café bistro, significant improvements to the public area and improved entrance to the Mall. The building will be seamlessly connected to the CF Rideau Centre. Thus, you will provide unparalleled access to shopping, dining and entertainment, as well as direct access to the city’s many public transportation options, including the O-Train.

“Rideau Registry Residences will offer a unique rental product that will stand out as the most desirable address inOttawaThrough innovative designs, configurations, comprehensive amenities and professional management” Wayne BarwaysSenior Vice President of Development, Cadillac Fairview. “Equally important is that we are proud to continue to help create a vibrant, connected community in downtown Ottawa.”

The rental housing development at the CF Rideau Center is the next phase of an ambitious redevelopment program that began seven years ago, when CF invested $360 million to transform and revitalize the property, including through a four-level expansion, a new food court and a complete redevelopment, including This includes a range of improvements and upgrades, new public art installations and a reconstructed footbridge over Rideau Street.

The redevelopment also introduced a new wing, which included the historic Ogilvy Building. Likewise, the preservation of the historic log office and its incorporation into the new housing is an excellent opportunity to celebrate this historic building by presenting it as an important part of the residential development.

“CF is pleased that the historic registry office has new life and purpose as an important facility within the Rideau Registry residences,” added Mr. Barways. “We are proud to have included the historic registry office in the design of the new residential building, carefully integrating this historic gem with state-of-the-art architecture to create a beautiful new building that is sure to become a feature of the Ottawa skyline.”

About the Cadillac Fairview

Cadillac Fairview (CF) is a global real estate investment firm that owns, manages and develops commercial, office, residential, industrial and mixed-use properties. Wholly owned Teachers Pension SchemeOntarioCF operates more than $42 billion in assets in the Americas and the United Kingdom, and plans to expand into Europe And in Asia. Internationally, CF invests in communities with like-minded partners, incl Stanhope in the United Kingdom, Lincoln Properties in the United States, and Multiplan in Brazil.

The company’s Canadian portfolio includes 68 prime properties, including Toronto Dominion Centre, CF Toronto Eaton Centre, Deloitte Tower, CF Carrefour Laval, CF Chinook Center and CF Pacific Centre. CF continually strives to make a positive impact on the communities in which it operates by fostering social bonds, growth and a sustainable future – and its raison d’être is to transform communities into a vibrant future.

Learn more at www.cadillacfairview.com and follow CF on LinkedIn.

Source: Cadillac Fairview Limited