• EcoCite
  • EcoCite
  • EcoCite
  • EcoCite

EcoCité

The Glebe, Ottawa, ON

1014 Bank Street
Special Situation
High-rise in the heart of The Glebe

 

Vision: Complete the building and carry out sales, marketing and leasing.

 

EcoCite is located in the heart of The Glebe, right off the Rideau Canal. The building offers exceptional views and easy access to nature trails. The location is also conveniently located close to TD Place, bars, restaurants, retail, entertainment venues and green spaces. EcoCite is Canada’s first carbon-free, climate friendly condo building. Much of the heating and cooling of the building was provided by geothermal energy, and met LEED requirements.

 

ELM came into the project when it was 75% complete to finish the project and managed sales, marketing and leasing. ELM addressed the mismanagement issues inherent in project and turned it around while maintaining the environmental aspects of the building that made it special.

  • Type Development
  • Class Multifamily High-Rise
  • Sub-class Multi-Family Sale
  • Gross Commercial Floor Area 1,500 sq/ft
  • Gross Residential Floor Area 26,700 sq/ft
  • Site Size 0.20 AC
  • Commencement Date 2010
  • Completion Date 2014
  • Status Completed
  • Number of Units 25
  • Client Receiver