Capital Sports activities Improvement Inc., a growth group led by the Ottawa Senators, and the Nationwide Capital Fee have introduced they’ve signed an settlement of buy and sale for about 11-acre land parcels at LeBreton Flats. The location could be used to construct a multipurpose leisure venue nearer to the town’s downtown, in comparison with the Canadian Tire Centre, which is half-hour west of the town’s core. The brand new area would function the brand new residence of the Senators.
A league supply instructed The Athletic that the sale value for the land is roughly $30 million.
“We’re happy to succeed in an settlement of buy and sale with the NCC to take the subsequent step on this course of,” Senators group president Cyril Leeder mentioned in a information launch Monday afternoon. “There are nonetheless many extra hurdles to clear, and we stay up for working with the NCC and different stakeholders to attain our shared imaginative and prescient of making an occasion centre at LeBreton Flats that may be loved by our Ottawa-Gatineau group.”
Assertion | LeBreton Flats Main Occasions Centre
The Nationwide Capital Fee (NCC) and Capital Sports activities Improvement Inc. (CSDI) are happy to announce they’ve signed the settlement of buy and sale for land parcels at LeBreton Flats.#ottnews pic.twitter.com/4Jn0cfjKPH
— Nationwide Capital Fee (@NCC_CCN) August 11, 2025
“The promise of a serious occasions centre will present a vigorous and handy attraction for residents and guests, inject new power and pleasure into the core of the Nation’s Capital and additional catalyze the event of LeBreton Flats,” NCC CEO Tobi Nussbaum mentioned within the information launch. “This settlement builds on the 2 earlier actual property transactions accomplished by the NCC since 2022 on the Constructing LeBreton mission that can see over 2000 new housing models, together with new retail and business areas, constructed on the positioning.”
Last September, the Senators and the NCC reached an settlement in precept earlier than their memorandum of understanding expired. It was seen because the “first step” for a brand new area to be constructed. Leeder mentioned the aim was for the Senators to acquire the plot of land someday in 2025. In latest weeks, each Leeder and Senators proprietor Michael Andlauer expressed optimism to The Athletic that an area deal could possibly be consummated by this fall and that it might be bought at “honest market worth.”
Leeder additionally cautioned that after a deal was accomplished, it wouldn’t imply shovels would enter the bottom instantly. The following steps for each the Senators and NCC contain zoning plans, finishing research on transport and mobility, figuring out design and approvals and decontamination of the land in preparation for development.
The brand new occasion centre would change the Kanata-based Canadian Tire Centre, set to have a good time its thirtieth anniversary in January. The Senators count on to be on the Canadian Tire Centre for an additional 5 years and have already made some changes, similar to upgraded seats within the area’s decrease bowl.
(High picture: Chris Tanouye / Freestyle Pictures / Getty Photos)
