Thursday, January 31, 2013

Booth Street - Ottawa's new distillery district

Little Italy has more positive developments happening.  Toronto has the super-hip "Distillery District", Ottawa will soon have their own version in the heart of Little Italy. 

With the LRT being built and completed by 2018 and the new Ottawa Distillery District project, the face of Little Italy is changing quickly.  These types of community improvements are huge drivers of real estate price growth.

OTTAWA — Natural Resources Canada’s plans to get rid of part of its huge building complex on Booth Street is adding to hopes that the area could become Ottawa’s version of Toronto’s popular Distillery District.

The idea of creating a shopping and entertainment area out of repurposed brick government buildings on the land north of Carling Avenue near Preston Street has been kicked around for some time, but would require NRCan to give up the property.

Read more:    For information on Ottawa real estate or investment real estate in Ottawa, contact the Bennett Property Shop Realty Brokerage.

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