Developer plans to replace Bank Street Mall with a 16-story mixed-use complex


An Ottawa real estate company is looking to redevelop a retail building on Bank Street and replace it with a mixed-use tower containing apartments as well as retail and office space.

SerCo Realty Group has applied to build a 16-story tower block with 160 rental units at 1400 Bank Street, just south of the Billings Bridge Mall.

The developer says he plans to demolish the existing building on the site, a retail plaza that houses a payday loan outlet and a flower shop.

Designed by Figurr Architects Collective, the proposed skyscraper would include a mix of studios, one and two bedroom apartments as well as rooftop amenity spaces, a gym and a communal lounge.

The ground floor commercial component would cover nearly 3,800 square feet, with room for three businesses, with approximately 6,200 square feet of office space proposed for the second floor.

Three levels of underground parking would have room for 66 vehicles and 166 bicycles.

Acquisition of the Manx Pub house

This is the latest proposal in what has been a busy 2021 for SerCo, a growing family business that owns and manages more than two dozen residential, office and retail properties in the Greater Montreal area. national capital.

Earlier this year, the firm unveiled plans for two downtown residential projects. SerCo proposes to demolish an existing office building on Waverley Street and replace it with a new six-story apartment complex with 31 units, and the builder wants to convert a seven-story office building on Cooper Street to eight floors, 45 – rental property immediately.

The company also acquired another major downtown property this fall, purchasing a four-story mixed-use building at 370 Elgin Street, known to house one of the Strip’s most popular watering holes. , the Manx Pub.

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