Latest news with #OSEG
CTV News
5 days ago
- Business
- CTV News
City of Ottawa to issue construction tender today to build new 5,500 seat arena, north-side stands at Lansdowne
The City of Ottawa will take the next step in the Lansdowne 2.0 project, issuing a tender to build the new 5,500 seat arena and a new north-side stands at TD Place. The city will begin accepting bids from companies to build the new arena to replace the aging Civic Centre and a new north-side stands in the football stadium in the second phase of the Lansdowne Park redevelopment. Under the plan, the Ottawa Sports and Entertainment Group (OSEG) and the city would tear down the Civic Centre and build a new 5,500 seat arena on the east side of the football stadium, and a new north-side stands for the football stadium. Under the partnership between the city and OSEG, city taxpayers would cover the cost of building the new arena and stadium stands. The north-side stands, and the Civic Centre were built in 1967. A look at Lansdowne 2.0 Lansdowne 2.0 Renderings show the inside of the proposed 5,500 seat event centre at Lansdowne as part of the Lansdowne 2.0 project. Council will vote on building the new centre and a new north-side stands at TD Place later this year. (City of Ottawa/website) The City of Ottawa has estimated the price-tag for the new 5,500-seat event centre and a north-side stands at $419 million. Last June, a report from the auditor general warned construction cost estimates could be understated by $73.4 million for the new stadium and north-side stands. In January, the city released new renderings of the event centre and north-side stands. 'The proposed designs…showcase exciting upgrades, including innovative architecture, improved energy efficiency with LEED certification, and enhanced accessible seating,' the city says. The images show the outside of the football stadium and the north-side stands. There's no roof on the new north-side stands to cover fans from the weather. Earlier this spring, the city accepted bids for the air rights for the space above Lansdowne. Council will vote in the fall to proceed with the construction of the new 5,500 seat arena and the new north-side stands at Lansdowne. Ottawa Sports and Entertainment president and CEO Mark Goudie told TSN 1200 last week that construction on the new arena could begin by the end of the year. Lansdowne 2.0 New renderings show the outside of the proposed new north-side stands at TD Place as part of the Lansdowne 2.0 project. (City of Ottawa website) Roof on north-side stands There is no roof planned for the new north-side stands at Lansdowne. Goudie told TSN 1200 that the city and OSEG are looking at the option 'some day.' 'We're looking at options down the road,' Goudie said. 'Whether we can maintain the ability to have a roof on the north-side. I wouldn't say the chances of that for the first phase of the redevelopment are great. I know it's important to people so we're trying to determine how we might accomplish that some day.' Lansdowne 2.0 A look from TD Place towards the proposed new 5,500 seat event centre at Lansdowne as part of the Lansdowne 2.0 construction project. (City of Ottawa/website) New residential construction The Lansdowne 2.0 plan includes the construction of two residential towers next to the new north-side stands at TD Place. According to the plans, the Lansdowne 2.0 project will be built in three phases. Construction of the new event centre will run from 2024 to 2027, while the new north side stands will be completed by mid-2029. The city says construction on the residential development will run from 2030 to 2034.
CTV News
13-06-2025
- Business
- CTV News
New CFL commissioner visits Ottawa as part of 100-day ‘listening tour'
The new Canadian Football League commissioner calls the plans to renovate TD Place in Ottawa 'incredibly exciting,' as the City of Ottawa prepares to issue a tender for construction of a new north-side stands. Stewart Johnston is in Ottawa for the Redblacks home-opener Friday night against the Montreal Alouettes. The home-opener is three days before the city issues a tender to build a new 5,500 seat arena and a new north-side stands at the football stadium. Appearing on CTV Morning Live Friday morning, Johnston praised the Ottawa Sports and Entertainment Group for their work with the Redblacks in Ottawa. 'It warms my heart for sure. I think it starts at the ownership level. They have such incredible ownership with Roger (Greenberg) and John (Ruddy) here,' Johnston said. 'They're doing such a fabulous job. We need Mother Nature to cooperate in this city. A lot of rain last year. They've got lots of plans for renovations in that stadium, which are incredibly exciting, and then they're going to put a great team on the field, put a great product in front of the fans.' Staff told the finance and corporate services committee on June 3 that the city will issue a tender on Monday, June 16 for the construction of the new arena and north-side stands. The price-tag for the project is estimated at $419 million, with a report on the costs of construction will be presented to council later this year. Johnston is in Ottawa as part of a '100-day listening tour,' where he is meeting with owners, club staff and fans in all markets. 'Hearing what they have to say, hearing what they love about the league, listening for ideas for improvement and making sure they understand how passionate I am to be here,' Johnston said. Johnston, the longtime Bell Media executive, grew up in Ottawa. 'I couldn't be more proud; I'm quite humbled. I've been a passionate football fan my whole life. I grew up in Ottawa, went to a lot of games down at Lansdowne Park … played football here, have a background in media and a love of sport,' Johnston said. 'I'm six weeks on the job, so it's still feeling a little surreal, but I couldn't be more excited. I believe in the product that we have, I believe in what it means to Canada and I'm looking forward to taking this league and seeing where we can go with it.'
CBC
04-06-2025
- Business
- CBC
Councillor calls for referendum on Lansdowne 2.0, but mayor opposed
Social Sharing As the Lansdowne 2.0 redevelopment ticks along behind the scenes, one city councillor tried publicly on Tuesday to explore the idea of a referendum during the 2026 municipal election so residents could ultimately decide whether the new arena and football stands should be built. Coun. Shawn Menard, who represents the Glebe neighbourhood where Lansdowne Park is located, pointed out that more than 5,000 people have signed a petition calling for a citywide vote on whether to spend upward of $419 million on the project. The plan is to replace the north-side stands at the football stadium, and to replace the arena with a new one that has thousands fewer seats and is located where there's now a grassy berm. The city's private sector partner at Lansdowne, the Ottawa Sports and Entertainment Group (OSEG), owns the Redblacks football team and Ottawa 67's hockey team, and manages those city facilities at TD Place. "That's a nice-to-have. It's not necessary," Menard told reporters after a meeting during which the finance and corporate services committee discussed facing a $10.8-billion dollar funding gap for city infrastructure in the coming decade. "Do we really want to be spending on this when all these other priorities are there?" asked Menard. "It's hard to get the basics right these days in the city." The Lansdowne 2.0 concept was first discussed during the last term of council under former mayor Jim Watson, when OSEG was struggling to attract visitors to Lansdowne during the COVID-19 pandemic. The plans have been modified since then, including a two highrise towers instead of three, but the estimated price tag has risen from $332 million to $419 million. Mayor Mark Sutcliffe said the public has had many chances to weigh in, and will have yet another opportunity before a final vote this fall. "We were talking about Lansdowne in 2022 when the previous municipal election took place, so there's no need for a referendum," said Sutcliffe. "I don't think councillors want it." No referendum was held for other big projects such as the new central library or the two stages of light rail construction, Sutcliffe pointed out, because those decisions are within the purview of council. Going to tender June 16 Indeed, councillors on the finance and corporate services committee voted nine to three Tuesday to discuss Menard's motion that day, rather than weeks later as Menard intended, because they said it was time-sensitive. Expecting it would be voted down, Menard quickly jumped in to withdraw his motion and preserve a chance to pursue the referendum discussion later. This bit of procedural interest came after staff confirmed they plan to put the project out to tender on June 16, seeking construction companies to submit bids to build Lansdowne 2.0. Staff intend to get updated prices and choose a contractor to present to council for final approval in the fall. The city also held a separate procurement in recent months to find developers wanting to either buy or lease the air rights for two highrise towers. It closed April 30, and the city is deep in negotiations with one preferred bidder. "I think there's a reputational risk and a credibility risk in this motion where it would possibly negatively impact those conversations and those tenders," said Tammy Rose, general manager of the infrastructure and water services department. Sutcliffe also underscored the importance of following the procurement process already laid out and not creating uncertainty for the construction industry. Building permit application in March Along with tendering the construction and air rights, the Lansdowne 2.0 team has been busy working on other tasks council gave them last year in order to prepare a final package for council approval. One big goal was to apply for a building permit in time to fall under Ontario's 2012 building code, rather than the 2024 code that took effect Jan. 1. Sean Moore, who is leading the Lansdowne project for the City of Ottawa, confirmed the application for a building permit went in on March 21, 2025 and would fall under the old code. The province did allow a transition period and a project could still apply under the old code by March 31 if its working drawings were substantially complete by Dec. 31, 2024. Site plan approved last month Moore said those drawings were ready on time as part of yet another related task: getting approval for what's called the "site plan," which lays out details about everything from building elevations and design to landscaping and servicing with municipal water. That key step only got final signoff by city planning staff on May 26, after the Lansdowne team and its consultants submitted dozens of studies to be reviewed by city subject matter experts and the urban design review panel. Even with the signoff, city reviewers still had a long list of conditions for Lansdowne 2.0 to meet, such as updating its assessment of Lansdowne's transportation impact and updating its grading plan to show water won't pool. Asked how the building permit had complete drawings on Dec. 31 when many more studies were submitted and reviews were done afterward, Moore explained the architect's designs were submitted for the arena in August 2024, and for the north-side stands in December. The structural and mechanical elements needed to meet the building code were complete, he said. As for elements outstanding on the approved site plan, Moore said only final clarifications are missing — an entire transportation plan doesn't need to be redone. "We're just talking now about crossing t's and dotting i's," explained Moore. "But overall, staff have accepted how it all works in terms of [Lansdowne's] design, and how it's modelled, the transportation system and so forth."
Yahoo
27-01-2025
- Business
- Yahoo
Lansdowne partnership lost money again last fiscal year
The Lansdowne partnership has racked up another year of losses and is counting on lower financial distributions in the years to come. In its annual report, the partnership between the city and Ottawa Sports and Entertainment Group (OSEG) reported a net loss of $9.2 million for the 2023-24 fiscal year. That's almost precisely the same as the previous fiscal year. The new results, together with next year's budget and updated economic assumptions, prompted the partnership to update its fiscal forecast for the years ahead. It now foresees a reduction in distributions of $4.6 million over the 40-year life of the agreement. The forecast is based on the current partnership, not the planned Lansdowne 2.0 project. The partnership has posted net losses every year since it started operations a decade ago. It has never paid out a distribution to the city, and it is not expected to ever do so. Under the existing agreement, distributions are paid to OSEG before the city. More events boosted revenue According to the annual report, which will be presented to council's finance and corporate services committee next week, the partnership actually increased its revenues by four per cent to $59.5 million last fiscal year. That comes amid full retail leasing and an increased number of events, though the poor performance of the Ottawa Redblacks negatively affected the results. Overall, the increased revenue helped the partnership earn positive operating income, but higher interest rates for the partnership's debt burden helped drive the bottom line into the red. The city and OSEG have both argued that the financial difficulties of the current partnership underline the need for a new agreement. They are both supporting the Lansdowne 2.0 project, which foresees a new event centre, new north stadium stands and two residential towers. They argue that the current arena and stadium are at the end of their useful life and will make it difficult to attract events. Ottawa's auditor general has estimated that the Lansdowne 2.0 project could cost $493 million.
CBC
27-01-2025
- Business
- CBC
Lansdowne partnership lost money again last fiscal year
The Lansdowne partnership has racked up another year of losses and is counting on lower financial distributions in the years to come. In its annual report, the partnership between the city and Ottawa Sports and Entertainment Group (OSEG) reported a net loss of $9.2 million for the 2023-24 fiscal year. That's almost precisely the same as the previous fiscal year. The new results, together with next year's budget and updated economic assumptions, prompted the partnership to update its fiscal forecast for the years ahead. It now foresees a reduction in distributions of $4.6 million over the 40-year life of the agreement. The forecast is based on the current partnership, not the planned Lansdowne 2.0 project. The partnership has posted net losses every year since it started operations a decade ago. It has never paid out a distribution to the city, and it is not expected to ever do so. Under the existing agreement, distributions are paid to OSEG before the city. More events boosted revenue According to the annual report, which will be presented to council's finance and corporate services committee next week, the partnership actually increased its revenues by four per cent to $59.5 million last fiscal year. That comes amid full retail leasing and an increased number of events, though the poor performance of the Ottawa Redblacks negatively affected the results. Overall, the increased revenue helped the partnership earn positive operating income, but higher interest rates for the partnership's debt burden helped drive the bottom line into the red. The city and OSEG have both argued that the financial difficulties of the current partnership underline the need for a new agreement. They are both supporting the Landsdowne 2.0 project, which foresees a new event centre, new north stadium stands and two residential towers. They argue that the current arena and stadium are at the end of their useful life and will make it difficult to attract events.
