City of Ottawa Agenda Finance and Corporate Services Committee Agenda 2026-06-02
City eyes $3.36M CIP grant for 211 Centrum redevelopment
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Description
Ottawa intends to award up to $3.36 million in Integrated Orléans Community Improvement Plan grants over ten years to 12259095 Canada Inc., as general partner for Société en commandite Joyce, for redevelopment of 211 Centrum Boulevard. The grant will be governed by a CIP Agreement executed by the Strategic Initiatives Department.
Contract Details
Contract Amount
$3,355,533 (estimated total aggregate of annual grants)
Vendor
12259095 CANADA INC AS GENERAL PARTNER FOR SOCIÉTÉ EN COMMANDITE JOYCE
Agency
City of Ottawa, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
June 2, 2026
Contract Term
Maximum 10 years
Renewal Date
2036-12-31
Renewal Info
Grant period is limited to a maximum of 10 years under the CIP framework; no renewal beyond the term is indicated.
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