574-578 Bank St | ?m | 9f | Proposed

[CastlesintheSky]

This is my first time attempting to create a thread, so I hope I've done this right.

I searched an could not find a thread that already existed for this one.
In the February Glebe Report (page 10), there is an article announcing that Centretown Citizens Ottawa Corporation (CCOC) is planning to build a 96 unit affordable housing complex at the corner of Bank and Chamberlain, currently occupied by city owned parking lot, and the business 'Reliable Parts'.

It says there will be 1, 2 and 3 bedroom apartments in a mid-rise with street facing commercial. They are hoping to break ground by end of 2026.

Not a bad spot at all for a mid-rise.

[FutureWickedCity]

Cool! Very interesting. That's a noisy hectic corner but otherwise great central location. Look forward to seeing some renders.

[phil235]

Originally Posted by CastlesintheSky

This is my first time attempting to create a thread, so I hope I've done this right.

I searched an could not find a thread that already existed for this one.
In the February Glebe Report (page 10), there is an article announcing that Centretown Citizens Ottawa Corporation (CCOC) is planning to build a 96 unit affordable housing complex at the corner of Bank and Chamberlain, currently occupied by city owned parking lot, and the business 'Reliable Parts'.

It says there will be 1, 2 and 3 bedroom apartments in a mid-rise with street facing commercial. They are hoping to break ground by end of 2026.

Not a bad spot at all for a mid-rise.

Looks like you did it right.

This is definitely a good development and an ideal spot, though I will miss the "Reliable Parts" building, and the service that they provide. Not so many of those businesses in central Ottawa. But in terms of this building, much needed housing and another step towards creating critical mass in that strip north of Central Park.

[Uhuniau]

Originally Posted by phil235

Looks like you did it right.

This is definitely a good development and an ideal spot, though I will miss the "Reliable Parts" building, and the service that they provide. Not so many of those businesses in central Ottawa. But in terms of this building, much needed housing and another step towards creating critical mass in that strip north of Central Park.

The hollowing out of retail and specialty business in the core is a problem, and at some point someone in power and in business needs to think about it.

[CastlesintheSky]

City Councilor Shawn Menard posted an update of this one on reddit, which includes a concept illustration.

https://www.reddit.com/r/ottawa/comments/1ttt9l9/removing_a_parking_lot_for_nonprofit_housing/

It seems like it will be 7 stories.
It also seems like it will now be 83 units (Menard comments on the post with estimated units) down from 96.
This probably has to do with Commercial now making up the ground floor, which makes sense for the area it's in.

[rocketphish]

Originally Posted by CastlesintheSky

City Councilor Shawn Menard posted an update of this one on reddit, which includes a concept illustration.

https://www.reddit.com/r/ottawa/comments/1ttt9l9/removing_a_parking_lot_for_nonprofit_housing/

It seems like it will be 7 stories.
It also seems like it will now be 83 units (Menard comments on the post with estimated units) down from 96.
This probably has to do with Commercial now making up the ground floor, which makes sense for the area it's in.

[ponyboycurtis]

You can stuff 83 units into that?

[J.OT13]

That looks great. Good scale for the area.

[phil235]

Originally Posted by J.OT13

That looks great. Good scale for the area.

Agreed. Sidewalks look a little tight in the rendering, so hopefully they don't need to encroach to get those units in. Also interesting that they show a traditional intersection instead of the current set up with a pseudo slip lane for right turns on Bank and the bus stop on an island. I know that it's just a rendering, but it would be great if they could eliminate that lane and revert to a more urban configuration.

[J.OT13]

Originally Posted by phil235

Agreed. Sidewalks look a little tight in the rendering, so hopefully they don't need to encroach to get those units in. Also interesting that they show a traditional intersection instead of the current set up with a pseudo slip lane for right turns on Bank and the bus stop on an island. I know that it's just a rendering, but it would be great if they could eliminate that lane and revert to a more urban configuration.

Hoping to see a proper DevApp for more info soon.

[rocketphish]

Glebe parking lot could be turned into affordable housing units

Mia Jensen, OBJ
June 8, 2026

A plan that could allow up to 90 not-for-profit housing units to be built on a vacant parking lot in the Glebe will be put to city council later this week.

Last week, the city’s finance and corporate services committee approved a recommendation by city staff to transfer ownership of a portion of the land at 574 Bank St. to the Centretown Citizens Ottawa Corp. (CCOC), which is looking to construct a nine-storey mid-rise development on the lot.

Located behind the colourful Glebe sign on Bank Street at the intersection of Chamberlain Avenue just south of the Queensway, the portion of the lot declared surplus is 690 square metres and currently occupied by a parking lot.

A city report said the site is valued at approximately $3.3 million, according to an internal assessment, but will be transferred to CCOC for “nominal value.”

CCOC, a not-for-profit focused on building affordable housing in Ottawa, currently owns and operates more than 50 properties across the city. In recent years, it has built 51 new residential units between developments at 212-216 Carruthers Ave., 171 Armstrong St. and 159 Forward Ave.

The organization would partner with McDonald Brothers Construction Inc. on the Bank Street project.

The construction company and 578 Bank Street Holdings Inc. share ownership of the adjacent property at 578 Bank St., which is currently occupied by a low-rise commercial building.

The organizations intend to amalgamate the two properties as part of the redevelopment project. On the new site, CCOC would own and operate the residential units, while 578 Bank Street Holdings would own and operate the ground-floor commercial units.

The proposed nine-storey development would include 80 to 90 residential units, 30 per cent of which would be affordable at below-market rents.

The land transfer is part of the city’s Municipal Land Strategy, which calls for the disposal of surplus city-owned lands so that they can be redeveloped for not-for-profit housing, including new affordable units.

According to the city report, staff have advanced sixteen sites for not-for-profit housing redevelopment since the program started in 2024.

https://obj.ca/glebe-parking-lot-could-be-affordable-housing-units/