The Planning Committee of Ottawa in Canada has approved a zoning application submitted by builder Richcraft to construct three towers at the corner of Carling and Preston Street.

The towers exceed the city’s building height limits and will stand at 55 storeys-high, the second 45 storeys and the third tower 18. The complex will be located at 845 Carling Ave, west of Preston Street.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

According to the company, the three towers named The Sky will have total of 1,120 units.

"The property will be zoned as a mixed-use centre and will provide an opportunity for Richcraft to consider offices or a hotel."

In 2012, Richcraft purchased the Dow Honda property and has since been holding discussions with the city and community about its plan.

The project has been designed by Toronto architects Graziani and Corazza and will feature ground floor commercial space and a plaza.

Richcraft said that it has not set any timeline for breaking ground on the project.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Richcraft COO Steve Grandmont told CTV News Ottawa: "With that magnitude of project we’re going to make sure that we’re doing our homework before we go to market."

Media sources report that Claridge Homes has already commenced construction works on the 45-storey tower.

If the committee’s decisions receive council support, the property will be zoned as a mixed-use centre and will provide an opportunity for Richcraft to consider offices or a hotel, in addition to residential units.