Overview
- On August 11, the Ottawa Senators’ development arm and the National Capital Commission signed a purchase and sale agreement for approximately 11 acres at LeBreton Flats.
- The land acquisition is intended to anchor a major events centre and an arena-led mixed-use district with housing, hotel, retail and restaurants.
- Parties have not officially disclosed financial terms, although some reports cite a purchase price just over $30 million.
- Next steps include navigating zoning requirements, detailed design and regulatory approvals, alongside site decontamination before any construction can begin.
- Senators and NCC leaders emphasize that significant hurdles remain and that actual groundbreaking is still expected to be several years away.