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  #2141  
Old Posted Oct 11, 2018, 7:08 PM
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Originally Posted by Uhuniau View Post
I'm not sure the rest of the city is overly anxious.
Maybe not anxious but this is a very important development. the City has 2 LRT stations that are currently on an almost empty field-traffic contingent on this project in part.

It would be a total disaster to see the NCC walk away from Eugene Melnyk at this juncture-2 and a half years into a process.
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  #2142  
Old Posted Oct 11, 2018, 8:47 PM
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Growing pessimistic in this project

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Originally Posted by daud View Post
Maybe not anxious but this is a very important development. the City has 2 LRT stations that are currently on an almost empty field-traffic contingent on this project in part.

It would be a total disaster to see the NCC walk away from Eugene Melnyk at this juncture-2 and a half years into a process.
Not sure that Melnyk is even serious about this project. He got the team and CT centre for nothing and probably expects the same of the NCC. In addition, the Bayview and Gladstone projects by Trinity Developments, his business partner in Lebreton Flats, will likely make the residential component of this project more difficult to sell and/or rent.
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  #2143  
Old Posted Oct 11, 2018, 8:49 PM
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Is Melnyk the most hated person in Ottawa yet?
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  #2144  
Old Posted Oct 11, 2018, 9:33 PM
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Small market sports facilities are usually built with public funds (Landsdowne Park, for example). It isn’t really clear where the money for this project is supposed to come from. Melnyk probably doesn’t have it. Trinity doeen’t seem to have it. It is unclear where these various mystery out-of-town buyers (if they exist) have the money. There is no supplementary source of revenue (such as a casino or shopping mall) and no public or private institutions relocating to Lebreton. The IREIT/Trinity deal values development land in the area at about 4 million an acre, so this can’t happen as a pure real estate transaction.

Hard to see a path forward.
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  #2145  
Old Posted Oct 11, 2018, 10:04 PM
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Is Melnyk the most hated person in Ottawa yet?
I'm not a Sens fan and I hate him.
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  #2146  
Old Posted Oct 12, 2018, 2:41 PM
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If $4M an acre is the value of the land, that means Lebreton is worth $208M. If RVL received the land for free, and then sold the land in Kanata for $100M, and then borrowed $100M of debt against the future revenue from the site.. should be enough to finance the arena. But the free land at Lebreton would be vital to making it work. Without it.. I dunno how it would.
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  #2147  
Old Posted Oct 12, 2018, 3:11 PM
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Originally Posted by CityTech View Post
If $4M an acre is the value of the land, that means Lebreton is worth $208M. If RVL received the land for free, and then sold the land in Kanata for $100M, and then borrowed $100M of debt against the future revenue from the site.. should be enough to finance the arena. But the free land at Lebreton would be vital to making it work. Without it.. I dunno how it would.
Guaranteed RVL won't get the land for free; they have agreed on fair market value. However, the NCC will be paying for the decontamination (as requested by the City). Details are a little fuzzy, but it seems RVL will contract out the clean-up and the cost will be deducted from the sales price. The NCC has also agreed to keep the 4 acre strip of land along Wellington that was supposed to the Innovation Park and First Nations Plaza (part of which was recently turned into Fleck Fountain Park).

The development will also be done in 2 phases, which probably means RVL will be purchasing in two installments about a decade of so apart.

http://ncc-ccn.gc.ca/posts/a-milestone-a...ent-of-lebreton-flats-in-canadas-capital
https://www.cbc.ca/news/canada/ottawa/lebreton-flats-senators-ncc-meeting-1.4502170
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  #2148  
Old Posted Oct 12, 2018, 4:14 PM
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Originally Posted by CityTech View Post
If $4M an acre is the value of the land, that means Lebreton is worth $208M. If RVL received the land for free, and then sold the land in Kanata for $100M, and then borrowed $100M of debt against the future revenue from the site.. should be enough to finance the arena. But the free land at Lebreton would be vital to making it work. Without it.. I dunno how it would.
A significant portion of the site is supposed to be roads, parks, and amenities. 80M might be closer to the amount available for development.
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  #2149  
Old Posted Oct 16, 2018, 1:40 AM
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Couple articles from late 2017 that seem to suggest Ottawa's Downtown arena will be built using the inverted bowl concept, along with Calgary (proposal confirmed).

https://www.crainsdetroit.com/article/20...-seating-concept-that-bucks-centuries-of
https://insidehockey.com/rossettis-inverted-bowl-the-future-of-arena-design/
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  #2150  
Old Posted Oct 27, 2018, 1:51 PM
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Quote:
Planning application for LeBreton Flats redevelopment still under city review

Jon Willing
Post Media
October 26, 2018



The RendezVous LeBreton proposal is partially seen here in architectural renderings. Wayne Cuddington/Postmedia

The city is still reviewing the planning application for the historic redevelopment of LeBreton Flats after receiving the documents more than a month ago.

The project is a partnership between the National Capital Commission and the RendezVous LeBreton Group, whose main investors are the Ottawa Senators and Trinity Developments.

City hall has a huge role to play in the land-use planning approvals for the redevelopment, even if the project is on federal land. Planning approval is the one big power the municipality has to control the height of buildings, ensure adequate drinking water and sewer capacity and guard against potential transportation problems.

With two LRT stations serving LeBreton Flats, the city will want to see a smart analysis on public transit integration in a new community.

The planning documents should reveal more about RendezVous’ intentions for the land and how much the plan has changed, if at all, since the development consortium presented its original vision to the NCC in December 2015.

In an emailed response relayed through city communications officer Carly Wolff, a top planning manager said the city continued to examine the application.

“Official plan amendment and zoning bylaw amendment applications have been submitted to the city and are currently being reviewed to determine if they are complete,” according to Lee Ann Snedden, the city’s director of planning services. “Staff are also preparing the applications for technical and public circulations.”

Among the things Mayor Jim Watson has wanted to avoid is creating municipal roadblocks or delays for the LeBreton Flats transformation, probably the city’s most important planning file.

Senators chief operating officer Nicolas Ruszkowski deferred comment on the municipality’s review of the planning application.

Any proposed development that would change municipal land-use rules for a parcel of land must have a zoning amendment application. The official plan is the master planning blueprint for the city, and, if the over-arching vision would be impacted by a development proposal, an official plan amendment application is required, too.

Those major planning applications will eventually land on a council agenda after being reviewed by the planning committee. Council planning decisions can be appealed to the province’s Local Planning Appeal Tribunal.

The NCC and RendezVous reached a preliminary agreement last January, but still haven’t signed a final redevelopment deal.

There should be more LeBreton news this fall since NCC board members only meet one more time before the end of the year.

As for what to expect in the coming months, the NCC on Friday referred to CEO Mark Kristmanson’s remarks after a September meeting, when he said the next board meeting in November would be “an important one” for the project. The agency and RendezVous have been working to answer questions in time for the board to make decisions for the winter and spring periods. The “milestone objectives” were being met, Kristmanson said.

Different groups at the NCC are working on various parts of the project, including Indigenous community consultation, site decontamination, the master development agreement and other work required for a federal cabinet decision.

[email protected]

twitter.com/JonathanWilling
https://ottawasun.com/news/local-news/ci...wcm/d1c3d051-e21e-4e3e-ab3f-e4d993abef4f
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  #2151  
Old Posted Oct 27, 2018, 3:44 PM
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Adding to the new Calgary central library and the Waterfront portion of the Vancouver Skytrain, here's another example of railway operations uninterrupted by overhead construction; Montreal's railway district, where Central Station, the Queen E II Hotel, Place-Ville Marie, Place Bonnaventure and many more towers were built over an active railway.

http://www.vieux.montreal.qc.ca/plaque/horizon/gares/eng/gare_3a.htm

I don't think covering Line 1 through LeBreton Flats will be much of a challenge compared to these other projects.
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  #2152  
Old Posted Nov 13, 2018, 6:14 PM
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Rendering I don't believe we've seen before. Shows a cross-section.

This seems to be from the original proposal. I still believe that they've probably been working on an improved design, likely with the inverted bowl.


https://ottawacitizen.com/news/local-new...ing-looms-for-lebreton-flats-development
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  #2153  
Old Posted Nov 13, 2018, 10:43 PM
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NCC Board Meeting will be Tuesday, November 22 at 9 a.m.
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  #2154  
Old Posted Nov 14, 2018, 2:28 PM
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NCC Board Meeting will be Tuesday, November 22 at 9 a.m.
silence continues to be deafening. I wonder what we'll learn from this meeting.

Watson commented and said something to the effect of "we'll know in 6 months if this is a go or not"

Not exactly what I would describe as excitement building.

fingers crossed people are just holding cards close to their chest.
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  #2155  
Old Posted Nov 14, 2018, 5:33 PM
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Originally Posted by daud View Post
silence continues to be deafening. I wonder what we'll learn from this meeting.

Watson commented and said something to the effect of "we'll know in 6 months if this is a go or not"

Not exactly what I would describe as excitement building.

fingers crossed people are just holding cards close to their chest.
My gawd Ottawa is a slow place. Compared to large-scale developments like this in Edmonton, Vancouver, and MTL we are at a snail's pace! The only place slower would be NYC.....but they have so much going on you don't notice the long drawn out proposals and appeals process.
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  #2156  
Old Posted Nov 14, 2018, 10:10 PM
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Originally Posted by O-Town Hockey View Post
My gawd Ottawa is a slow place. Compared to large-scale developments like this in Edmonton, Vancouver, and MTL we are at a snail's pace! The only place slower would be NYC.....but they have so much going on you don't notice the long drawn out proposals and appeals process.
There is no public money, no large private HQs, a condo glut, a pending rental glut, a retail glut and the anchor tenant has among the worst attendance in the league. I think it is going pretty well all things considered.
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  #2157  
Old Posted Nov 14, 2018, 11:57 PM
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There is no public money, no large private HQs, a condo glut, a pending rental glut, a retail glut and the anchor tenant has among the worst attendance in the league. I think it is going pretty well all things considered.
touche
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  #2158  
Old Posted Nov 15, 2018, 2:43 AM
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Honestly it just seems like this project is all over the place. The fact that the Senators organization is a giant tire fire, coupled with having the NCC involved makes this incredibly slow going.

I also wonder if Rendezvous has even begun talks with any potential tenants who would be interested in being a part of the final development? I mean, I know there isn't a major office tower being proposed here, but one would imagine that there would be some talks with some corporations who would be interested in setting up shop in a convenient part of the city.

We really are being left in the dark in this process.
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  #2159  
Old Posted Nov 15, 2018, 3:24 AM
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Originally Posted by acottawa View Post
There is no public money, no large private HQs, a condo glut, a pending rental glut, a retail glut andThe anchor tenant's owner has no money to run the team let alone develop this project so he's trying to find ways to screw over foreigners* since nobody on this soil appears dumb enough to do business with him. has among the worst attendance in the league. I think It is going pretty well as slowly as one could expect all things considered.
Fixed. Everything stricken is just apologist noise.

* https://ipolitics.ca/2018/10/15/lobby-wrap-ottawa-sens-owner-eyes-immigration-investor-pilot/
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  #2160  
Old Posted Nov 15, 2018, 4:37 AM
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What is disturbing is the relative lack of interest in office development in the downtown area. Most new development in the downtown area is residential. Has it become too expensive to open offices downtown?
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