The sign outside the L'Esplanade Laurier office complex in downtown Ottawa on May 19, 2023. It is one of 10 properties in the national capital region on a PSPC disposal list. The man in charge of tens of millions of square feet of federal office space is aiming to double the government's lumbering pace for offloading buildings.
Policies require PSPC to consult with provinces, municipalities, other departments and Indigenous partners before putting a property up for sale. Disposal is only part of the process, since much of the government's office space is leased. About half of those leases will expire in the next five years. "The office spaces we're going to stay in will have a much higher rate of use," he said. "So that foot traffic in and around government offices is going to be a lot higher than it ever has been in the past."Canada Lands Company is taking a close look at those PSPC properties to see which ones could become housing, according to president and CEO Stéphan Déry.
That includes leasing out properties to "not-for-profits in order to help them," said Déry, instead of selling them to developers.
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