National Capital Business Park

Avenue 31 proudly announces National Capital Business Park. Strategically located, the park offers distribution efficiencies for both delivery and population access within the same working day. Design features of the National Capital Business Park buildings include greater clearance heights, exceptional loading facilities, automation, AI capabilities, enhanced power, and more.

FEATURES:

• 99 acres of vacant land zoned heavy industrial leased on a long-term basis from the National Capital Commission (NCC)
• Located at exit 109 on Highway 417 at Hunt Club Road in Ottawa, Ontario
• Over 1,300,000 ft² of Class A industrial space available for lease
• Projected value at build out $400 million
• Investment goal: to earn rental income from the land lease and building development after having planned, serviced, and built out the entire park, with buildout scheduled over a five to seven-year period

Since breaking ground in Q2 of 2021, the National Capital Business Park has rapidly established itself as a premier destination for businesses.  The park currently features three completed buildings, totalling 441,000 square feet, with over 80% of the space already leased.  A fourth building, offering more than 200,000 square feet, is underway and over 60% of the space is already pre-leased.  with flexibility at its core, the remaining land in the park can accommodate various configurations tailored to tenant needs. Current plans envision three additional buildings, totaling approximately 500,000 square feet, to continue meeting the city’s demand for Class A industrial space.