The National Capital Commission has reached an agreement in principle with RendezVous LeBreton to redevelop LeBreton Flats, a coveted 21-hectare patch of mostly vacant land beside Ottawa’s core.
There’s still a long way to go — it could take another 18 months to finalize the agreement and begin construction, possibly as soon as next year.
The Ottawa Senators-led winning bid to develop the land centred around a new NHL arena, and also included an accessible community centre, 4,000 units of housing, a French-language public school and public space.
NCC CEO Mark Kristmanson said Thursday the agreement lays out the conditions for an eventual sale of public land to RendezVous Lebreton.
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Kristmanson said the agreement forms the basis of what will still be challenging negotiations over the next 18 months with the developers, the city and Indigenous leaders.
Construction could begin as soon as 2019 or 2020, he said.
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