Rideau Centre plans $250M rebuild

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OTTAWA — The owners of the Rideau Centre have revealed plans for a massive, $250-million renovation and proposed expansion of the downtown shopping mall, adding further fuel to Ottawa’s red hot retail boom. “We’ve had a grand vision for the property,” Sal Iacono, eastern portfolio manager of Cadillac Fairview Corp. Ltd., told the 19th annual Ottawa Real Estate Forum on Thursday.

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