Wednesday, September 27, 2006

City of Ottawa Signs New Housing Deal

The City of Ottawa has signed a deal to build a $220-million arts centre and town centre in the Orléans neighbourhood with both public and private funding.

The partnership will create the biggest construction-economic development project in the history of Ottawa's east end.

The development will include an arts centre with a 500-seat performing-arts hall, a 100-seat studio theatre and a municipal art gallery, a hotel, office and retail space, two seniors residences and a variety of other housing. Plans were unveiled at an open house on Sept. 12.

The city also predicts the project will create 300 jobs and $75 million in direct and indirect economic benefits.

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