Overview

• The Ottawa Senators and the National Capital Commission signed a binding purchase-and-sale agreement for roughly 11 acres at LeBreton Flats at a reported price just above C$30 million.
• The agreement supersedes a September 2024 lease-level deal and follows a June 2022 memorandum of understanding to develop the federally managed site.
• LeBreton Flats will require extensive zoning, design work and soil decontamination to address legacy contamination before any construction can begin.
• Officials warn that securing project financing, obtaining multi-level regulatory approvals and finalizing a construction timeline are unresolved hurdles likely to delay groundbreaking by several years.
• The envisioned development centers on a major events centre–anchored arena within a mixed-use district featuring housing, hotel and retail space alongside thousands of new residential units under the broader Building LeBreton plan.