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The Finance and Corporate Services Committee approved a Lansdowne 2.0 redevelopment and construction plan today that includes a new event centre, new north side stands and a new retail podium and residential component for the site.
The plan is the sixth report in the step-by-step approval process for Lansdowne 2.0, following Council’s 2021 decision to replace TD Place Arena and the north side stands.
The approved plan carries an estimated net investment of $130.7 million for the City and would deliver:
The redeveloped Lansdowne has been strategically designed to attract more events, residents and visitors than the current site. This increased activity is projected to generate greater and more sustainable revenues for the City’s partnership with the Ottawa Sports and Entertainment Group. These new revenues could account for 69 cents of every dollar spent on the project, or $288.2 million of the $418.8 million total project cost.
The two residential buildings would be a private development and would include approximately 770 dwellings in towers up to 40 storeys in height. The towers would be above the two-storey retail podium and would include a potential mix of condominiums, apartment rentals and hotel units. The residential portion could accommodate approximately 400 residential parking spaces within both decked and subsurface parking, and an additional 140 City-owned parking spaces to be licensed to the residents of the new towers. All new City facilities have been designed with the lens of universal accessibility, inclusivity and equity. The changes will make for a better fan and visitor experience.
The redevelopment project is divided into three phases. Phase one would run from November 2025 to July 2028 and would focus on building the new event centre and great lawn. Phase two would be from November 2028 to November 2030 and would involve the complete redevelopment of the north stands and surrounding infrastructure. Phase three would involve construction of the retail podium and towers starting in 2031, with the grand entrance and event centre parking expected to be completed by the end of 2033. The residential towers are expected to be substantially completed by the end of 2034.
Research and analysis indicate that Lansdowne 2.0 will benefit Ottawa and the local economy through:
More information on the Lansdowne 2.0 project can be found on Engage Ottawa.
City Council will consider the recommendations from today’s meeting on Friday, November 7.
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The plan is the sixth report in the step-by-step approval process for Lansdowne 2.0, following Council’s 2021 decision to replace TD Place Arena and the north side stands.
The approved plan carries an estimated net investment of $130.7 million for the City and would deliver:
- A new municipally-owned event centre with a capacity of 6,600 for hockey and more than 7,000 for concerts, to be located behind the eastern end zone of TD Place Stadium
- A new municipally-owned north side stands for TD Place Stadium with capacity for 12,400
- 12,700 square metres of public green space and 6,280 square metres of public plaza space, including a six-metre high, 2,850 square metre public sledding and concert viewing hill
- 4,550 square metres of municipally-owned retail space located within the two-storey base of two residential towers and featuring a grand entrance to the new stands
The redeveloped Lansdowne has been strategically designed to attract more events, residents and visitors than the current site. This increased activity is projected to generate greater and more sustainable revenues for the City’s partnership with the Ottawa Sports and Entertainment Group. These new revenues could account for 69 cents of every dollar spent on the project, or $288.2 million of the $418.8 million total project cost.
The two residential buildings would be a private development and would include approximately 770 dwellings in towers up to 40 storeys in height. The towers would be above the two-storey retail podium and would include a potential mix of condominiums, apartment rentals and hotel units. The residential portion could accommodate approximately 400 residential parking spaces within both decked and subsurface parking, and an additional 140 City-owned parking spaces to be licensed to the residents of the new towers. All new City facilities have been designed with the lens of universal accessibility, inclusivity and equity. The changes will make for a better fan and visitor experience.
The redevelopment project is divided into three phases. Phase one would run from November 2025 to July 2028 and would focus on building the new event centre and great lawn. Phase two would be from November 2028 to November 2030 and would involve the complete redevelopment of the north stands and surrounding infrastructure. Phase three would involve construction of the retail podium and towers starting in 2031, with the grand entrance and event centre parking expected to be completed by the end of 2033. The residential towers are expected to be substantially completed by the end of 2034.
Research and analysis indicate that Lansdowne 2.0 will benefit Ottawa and the local economy through:
- A significant Gross Domestic Product increase of $590 million over 10 years, from construction and ongoing operations
- The creation of 4,900 new jobs during construction and ongoing operations
- A 22-per-cent increase in attendance at TD Place
- An increase of $4.5 million in municipal property tax revenues from the new residential, hotel and retail developments
More information on the Lansdowne 2.0 project can be found on Engage Ottawa.
City Council will consider the recommendations from today’s meeting on Friday, November 7.
Related topics
查看原文...
