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Ottawa,
Ontario, CN – November 2024 / NewsmakerAlert:
Colonnade
BridgePort, a leading full-service real estate investment and management
company, has officially broken ground on its latest development, Artefact
on Argyle, located at 100 Argyle Avenue in Ottawa’s Centretown community.
Developed by co-owners Claridge
Real Estate Investments and the CBP
Real Estate Fund, in partnership with CBP Development and construction
lead Morley Hoppner, this 12-story, 127-unit boutique residential tower
will bring a distinctive living experience to the area.
“We
couldn’t have asked for more like-minded, well-established, and highly
regarded partners to work with us to bring this project to life,” said
Senior Vice President Development Kelly
Rhodenizer. “Artefact on Argyle will be a unique product for Ottawa’s
current residential landscape, geared to those looking for a sophisticated
urban-centric lifestyle. We look forward to bringing this project to market
and adding housing to the city.”
Artefact
on Argyle, whose name and design are inspired by the site’s location adjacent
to the Canadian Museum of Nature, will be built on a site previously occupied
by a 1950’s era three-storey office building. To uphold the heritage of
the site, CBP Development has preserved the original stone façade
which will be reconstructed it in its entirety, expertly tying into the
architectural design of the new tower.
Featuring
a mix of studio, one-, two-, and three-bedroom suites, and offering a wide
range of amenities, Artefact on Argyle will welcome tenants in Fall 2026.
Artefact
on Argyle is the first project in Colonnade BridgePort’s $2B development
pipeline to get underway, with other major projects slated to commence
over the next two years.
About
Colonnade BridgePort
Colonnade
BridgePort is a full-service real estate company providing comprehensive
property management, leasing, acquisition, development, investment management,
and asset management services for commercial and residential properties.
With a focus on understanding each client’s unique goals, we leverage our
real estate expertise and market insights to deliver exceptional performance.
Headquartered in Ottawa, Colonnade BridgePort also has offices in Mississauga,
Toronto, Dartmouth, and Fredericton. CBP Development is a division of Colonnade
BridgePort.
About
CBP Capital
CBP
Capital, a division of Colonnade
BridgePort, manages private equity funds – including the CBP Real Estate
Fund – and provides investment and asset management services. Our funds
enable private investors to access real estate opportunities of a quality
and scale typically available only to institutional investors. Acting on
behalf of both institutional and private real estate investors, we protect
and enhance invested capital, applying a wide range of financing and transactional
experience, market intelligence, and analytical expertise to all forms
of real estate investment.
About
Claridge Real Estate Investments
Claridge
is an investment firm headquartered in Montreal, with 37-years of operation.
It represents the interests of the Stephen Bronfman family. It is actively
engaged in managing a diversified portfolio of third-party investments
as well as direct interests in companies active in the food, technologies,
energy, real estate and entertainment industries.
About
Morley Hoppner
For
over 35 years, Morley Hoppner
has helped shape Ottawa and its surrounding areas, providing industry-leading
construction and real estate development solutions to our clients and leveraging
our passion for creating a sense of place and community. During that time,
we’ve been fortunate to participate in the development and construction
of some of central Ontario’s premier projects, from large-scale multifamily
developments to recreational facilities and building revitalizations.
Media
Contact:
Rachal
Fleury
Manager,
Marketing and Communications
Colonnade
BridgePort
343-633-5129
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