Canderel is developing 852 Bank Street into a signature retail development, taking advantage of this exceptional high-visibility location on the corner of Bank Street and Fifth Avenue. This one-of-a-kind development presents a unique opportunity for retailers to be on one of the most prominent and busiest corners in the heart of the Glebe. Retailers will also benefit from the transformation of the immediate neighbourhood resulting from the redevelopment of Lansdowne Park. 852 Bank Street is an excellent development site with +/- 8,932 sq. ft., +/- 70 feet of frontage along Bank Street and +/- 153 feet of frontage on Fifth Avenue. This is the opportunity to be on one of the most significant corners in the Glebe, with flexibility of suite sizes ranging from 800-8,000 sq. ft. on one floor. The frontage on Bank Street and Fifth Avenue offers efficiency and flexibility for the tenant. The site has close proximity to the downtown core, and is approximately 3 km to Parliament Hill. 852 Bank offers easy access to major arterial routes including Highway 417, and Queen Elizabeth and Colonel By Parkways. The Glebe is a highly affluent neighbourhood in Ottawa with a vibrant pedestrian culture. Once completed, the redeveloped Lansdowne Park will be the newest focal point and lifestyle centre in Ottawa. Lansdowne Park will host Ottawa's new CFL team, Ottawa's new North American Soccer League, the OHL team and will host a wide variety of entertainment and cultural events. Additionally, it will be home to a large variety of new retailers (360,000 sq. ft.), two condominium towers and an office building (100,000 sq. ft.) attracting even more people to The Glebe/Lansdowne area.
Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.