Convert your office & maximize value
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Over 2.6 million square feet of office space in Ottawa has been identified for potential conversion, offering a significant opportunity to add up to 4,200 residential units.
With recent changes, Ottawa developers can reduce conversion approval times by up to 90 days, making the process faster and more efficient.
Converting offices to residential spaces not only addresses Ottawa's 13.6% office vacancy rate but also meets the growing demand for urban housing.
Office-to-residential conversions in Ottawa are helping to revitalize underutilized areas, contributing to community growth and economic development.
Your real estate is your greatest asset. If you own an office building, one of the most effective pathways to maximizing that asset has become to convert to residential. While not every office is eligible, those that are can see great returns if converted effectively and efficiently. Approximately 25% of office buildings are prime for conversion, and even seemingly unappealing structures can be turned into stunning spaces if you know what to look for.
For a building owner looking to complete a conversion, the greatest roadblock is simply where to start. At JBPA, we are developers, too; we understand both design and delivery and have a track record of efficiency leading to increased return for those we work with. We manage every aspect of the process, from start to finish.
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