An Elgin Street office building is slated to be converted into a residential building, as Ottawa’s downtown core continues its makeover coming out of the COVID-19 pandemic.
The CBRE’s first quarter office market report shows 200 Elgin Street has been slated for conversion to multi-residential units. The report says this is the fifth notable office building conversion in the core since the start of the pandemic in March 2020.
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The 11-storey building was built in 1966. According to the CBRE website, the building is 123,016 sq. ft., with a typical floor size of 14,400 sq. ft.
In its latest report, Colliers International says the planned conversion of 200 Elgin Street into a multifamily residence “significantly contributed” to a decrease in available office space in downtown Ottawa in the first quarter of 2024.
Colliers International senior …