Bells Corners BOOMing!!!

Chiarelli says Bells Corners has a geographical advantage: it’s at the confluence of Highways 416, 417 and 7. The majority of tourist traffic comes via those roadways, making hotels a strategic bet for development.

The creation of the Bells Corners BIA in 2009 helped to create a voice for the business community, and the city brought in a Community Improvement Plan, which incentivizes redevelopments by giving property owners a break on their future tax bills.

Chiarelli says he thinks it’s been one of the most successful such plans Ottawa has seen. One hotel, a Holiday Inn, is already up, and a Hilton Garden Inn and restaurant are slated to move into a brand-new development coming to 300 Moodie Dr.
“It’s made some tough business decisions a lot easier,” says BIA executive director Joe Varner of the plan.

But perhaps the biggest boon came in the form of an anchor employer to fill the hole – in this case, the 370-acre Carling Campus – that Nortel had left behind.  Around a third of the anticipated 10,000 DND employees have already started work at their new campus, and both Varner and Chiarelli say Bells Corners is already feelings the perks.
Some homebuilders also appear to have a renewed interest in Bells Corners.

Chiarelli says he’s been in talks with a developer who is planning to construct some 2,000 residential units. If such a project moves ahead, it could dramatically increase the population of the community, which currently has 3,600 homes, according to Chiarelli.
Many seniors have expressed their wish to stay in the area, and the opportunity to occupy smaller condo-style units will make it easier for existing residents to stay in the community and free up single-family homes for young families to move in, says Chiarelli.

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