Elgin Street office tower slated for housing conversion

The Elgar Building at 200 Elgin St. is slated for an office-to-residential conversion, according to reports from two real estate brokerages. Plans to convert an Elgin Street office building to housing could add 170 residential units or more to Ottawa's downtown.

Warren Wilkinson, senior managing director at Colliers International, said the property owner has already given notice to the tenants. As he understands it, District Realty plans to begin converting the 11-storey building "almost immediately." Based on comparisons with similar projects, Wilkinson figures that it would be possible to fit about 170 to 177 apartments of about 800 square feet each into the space.

"It's a great place to have housing," she said. "People can walk out the door, go to restaurants, shop, go to a performance."The plan follows news of other major office conversion projects including Katasa Group's plans for a tower at 130 Slater St. and CLV's project at 360 Laurier Ave. W.All told, Wilkinson estimates the planned conversions could add more than 500 housing units to the downtown core.

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