Market Analysis

LeBreton Flats, Building LeBreton Business Plan & Economic Impact Analysis

O2

Client:

National Capital Commission

Location:

Ottawa, On

NBLC Services

Market Analysis
Financial Analysis
Economic Impact Analysis
Business Planning

Project Description

NBLC has been retained by the National Capital Commission (NCC) to provide advice with respect to the market demand for a 42 acre site known as LeBreton Flats in downtown Ottawa. This site had been the subject of a previous high profile RFP processes which were unsuccessful.

In order to take control of the process and eventual development outcomes the NCC embarked on a process of creating a Master Concept Plan for the site.  NBLC was retained in order to develop a Business Plan which would rationalize the significant public realm and infrastructure investments required to create a location of National significance and unlock development potential.   The LeBreton Flats are located in Ottawa, Ontario, just west of the downtown and Parliament Hill.  The area is currently experiencing renewal, in part through the recent introduction of the Confederation Line LRT, with two stations servicing the site.  The redevelopment of the entire 42 acre parcel will create a broad set of economic benefits to City.


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