FOR LEASE THE NEW 473 ALBERT STREET Ottawa, ON K1R 5B4
EXECUTIVE SUMMARY OFFERING SUMMARY Available SF: Lease Rate: Building Size: 1,603-40,772 SF $15.00-25.00 SF/yr (NNN) 140,823 SF PROPERTY OVERVIEW 473 Albert is located on the western part of the Central Business District in Downtown Ottawa and boasts all of the qualities of the Downtown Core without the traffic congestion. This location provides simple access to the airport via Bronson and access to and from Gatineau, Quebec via the Portage and Chaudiere bridges. Public transit at the door step and future LRT access less than 1 block away. Future upgrades to Albert Street are in the design phase with the City of Ottawa. Ample upgrades to common areas and clean "base building" floor plates, ready for your unique and custom fit. This property is sure to satisfy all your corporate and culture needs for years to come. Opportunity for 40,772 square feet on 3 contiguous floors with approximately 13,590 square feet per floor. PROPERTY DETAILS Renovation 2016/2017 and upgrades 2017/2018 Renovated: 2008, 2016, 2017 Onsite underground parking available Application for LEED EB Gold Zoning: R5P[238] H(37) S93 Large contiguous floor plates Workplace 2.0 compliant building Low Operating Costs
COMPLETE HIGHLIGHTS PROPERTY HIGHLIGHTS High efficiency chiller installed 2008 High efficiency boilers installed 2008 New humidifiers installed 2008 High efficiency domestic water boiler installed 2008 Light retrofit to T8 2008 Variable speed drives for ventilation system installed 2008 Modernization of elevators 2014 New fresh air system in garage installed 2016 New roller blinds for windows 2017 New sprinkler system New emergency generator Fully renovated underground parking garage Floors 9, 10 and 11 are in base building shell condition Model suite 2nd floor Professional managed Fibre in the building Showers and bike racks onsite INVESTMENT HIGHLIGHTS $4,500,000 in upgrades to date with an additional $2,300,000 in future upgrades including items such as lobby, washrooms and façade.
THE NEW 473 ALBERT
473 ALBERT STREET ADDITIONAL PHOTOS Model Suite Polished Concrete, new suspended lighting, freshly painted white walls and ceiling
473 ALBERT STREET Additional PhotosADDITIONAL PHOTOS Typical 9th-11th floor plate brought back to base build Typical 9th-11th floor plate Beautiful south views of the city
AVAILABLE SPACES Lease Rate: $15.00-25.00 SF/YR (NNN) Total Space 1,603-40,772 SF Lease Type: NNN SPACE SPACE USE LEASE RATE LEASE TYPE SIZE (SF) TERM Ground floor OFFICE/RETAIL $25.00 SF/YR NNN 1,306 SF Negotiable 2nd floor OFFICE $15.00 SF/YR NNN 5,950 SF Negotiable 3rd Floor OFFICE $15.00 SF/YR NNN 5,451 SF Negotiable 9th Floor OFFICE $15.00 SF/YR NNN 13,618 SF Negotiable 10th Floor OFFICE $15.00 SF/YR NNN 13,609 SF Negotiable 11th Floor OFFICE $15.00 SF/YR NNN 13,545 SF Negotiable Ground floor OFFICE/RETAIL $25.00 SF/YR NNN 5,000 SF Negotiable
FLOOR PLANS Ground Floor - As Built (Suite 110-1,603 SF) 2nd Floor - As Built (Suite 220-5,950 SF)
FLOOR PLANS 3rd Floor - As Built (Suite 301-302 - 5,451 SF) 9th Floor - As Built (Full Floor - 13,618 SF)
FLOOR PLANS 10th Floor - As Built (Full Floor - 13,609 SF) 11th Floor - As Built (Full Floor - 13,545 SF)
PROPOSED LAYOUT OPTIONS Full Floor Single Tenant Option
PROPOSED LAYOUT OPTIONS Full Floor Two Tenant Option Full Floor Four Tenant Option
LOCATION MAP
Retailer Map
DEVELOPMENTS AROUND 473 ALBERT
Trinity Developments at Bayview TRINITY DEVELOPMENTS AT BAYVIEW At the crossroads of convenience, 900 Albert St. is perfectly situated near the newly renovated Bayview Station; the only transfer point between the Confederation LRT Line and the Trillium Line. Drawing people and business from key downtown neighbourhoods in Ottawa, such as Hintonburg, Mechanicsville, Lebreton Flats, Little Italy and Chinatown, this site features access to major recreation trails along the Ottawa River, key landmarks and easy passage to Downtown. LOCATION Southwest Corner of Albert Street & City Centre Avenue (with direct link pedestrian link to Bayview Light Rail Transit Station, the only intersection of the Confederation and Trillium Lines) SIZE - Retail 130,000 sq.ft - Office 200,000 sq. ft - Residential 1,150,000 sq.ft. (1,400 Units) - Underground Parking EXPECTED OPENING Summer 2020
IllumiNATION LeBreton MAJOR EVENT CENTRE (MEC) The proposed Major Event Centre (MEC), with its 18,000-seat capacity along with its adjacent LeBreton Square capable of holding up to 28,000 people, will become a new nexus point to an energized city culturally, socially, environmentally and experientially. The Event Centre creates an opportunity for incredible synergies and aligned activities throughout the site. As part of the MEC complex of associated spaces, we see a permanent national exhibit for the Governor General s national award. This facility will serve to activate the heart of IllumiNATION LeBreton as a place of national significance throughout the year, showcasing the very best of Canada. LOCATION With two major axes overlaying traditional street grids, residents, workers and visitors alike will be able to flow freely and easily access the LRT system. Situated between Pimisi and Bayview, the MEC is a short and beautiful walk from either station. EXPECTED CONSTRUCTION TO BEGIN PHASE 1 2019
IllumiNATION LeBreton
IllumiNATION LeBreton
Ottawa Central Library OTTAWA CENTRAL LIBRARY With the potential collaboration, the Ottawa Public Library (OPL) and Library and Archives Canada (LAC) worked together to develop a functional program for a Joint Facility, with the objective of bringing together the Central Library and LAC s public services and programs to create an enhanced customer experience for all visitors. LOCATION The Ottawa Central Library will be built at 557 WellingtonStreet steps from the intersection of Bronson Ave. and Albert St. SIZE The overall size of the facility is estimated at 215,458 gross square feet, with 132,786 gross square feet allocated to Ottawa Public Library (61%) and 82,672 gross square feet allocated to Library and Archives Canada (39%). Ideally, the facility will be built over four levels (above-ground). Referred to as the OPL LAC Joint Facility, it is made up of 21 different components, each describing activities that will occur in the various internal and external spaces. EXPECTED OPENING Proposal for Design Phase - Anticipated Opening of 2022
ZIBI Project ZIBI PROJECT The redevelopment of the Chaudière area represents one of the largest urban redevelopment opportunities in either Ottawa or Gatineau. Until 2007 the lands had been reserved for industrial uses. Now that the lands are able to be redeveloped, their importance in the landscape of the National Capital Region and their prominence in the downtown core of both Ottawa and Gatineau call for a carefully orchestrated redevelopment of the Site. To this end, Windmill is proposing the development of a world-class, sustainability showpiece. The redeveloped lands will feature a mix of uses in a compact form integrating existing heritage resources where possible and emphasizing sustainable and active transportation through a network of shared streets that prioritize pedestrians and cyclists over automobiles. LOCATION The Site is unique in many ways. Situated on the banks of the Ottawa River, portions of the Site are located in both the City of Ottawa and the City of Gatineau. In Ottawa, the Site consists of both Chaudière and Albert Islands. These islands are physically disconnected from both cities by River channels and present an opportunity to create a unique sense of place amongst the heritage buildings on both islands. In Gatineau, the lands are within the downtown core of the City and provide an opportunity to extend the urban fabric of the city into the Site and out to the banks of the river.
ZIBI Project
ZIBI Project
ZIBI Project