Advancing the ByWard Market: A Revitalization Framework and Coordinated Redevelopment Program
File No. ACS2026-SI-ED-0001 - Rideau-Vanier (12)
Report Recommendation(s)
That Finance and Corporate Services Committee recommend Council:
Approve the ByWard Market revitalization framework and action plan, and direct staff to seek required funding sources for foundational actions, as described in this report.
Approve the ByWard Market public realm redevelopment program and its objectives, and direct staff to implement its priority actions, as described in this report, and including as follows:
Approve the increase in capital budget authority of $2.7 million, funded by the Citywide Capital Reserve and repaid from the Municipal Accommodation Tax Tourism Reserve, to implement the design phase of 55 ByWard Market Square and the tenant transition plan;
Approve the capital budget authority of $4.5 million, funded by the Citywide Capital Reserve and repaid from the Municipal Accommodation Tax Tourism Reserve, to implement the design phase of the York Street Plaza;
Approve the capital budget authority of $200 thousand, funded by the Parking Reserve, to implement a parking replacement and access strategy
Direct staff to undertake an options analysis for 70 Clarence Street, including options to:
Develop a destination building concept, including a competitive process to identify qualified operating, tenant, and delivery partners, residential integration analysis; and
Maintain a parking facility at the site;
Direct staff to explore partnership, sponsorship, philanthropic and other funding opportunities and propose a financing model;
Direct staff to report back to the Finance and Corporate Services Committee and Council in 2027, as described in this report, and including as follows:
The results of the options analysis for 70 Clarence Street and recommended next steps;
An update on the design of 55 ByWard Market Square and York Street Plaza
A recommended parking and access strategy for the ByWard Market;
A recommended financing model for the redevelopment program;
A recommended project sequencing schedule;
Delegate authority to the General Manager, Strategic Initiatives to negotiate, finalize and execute all agreements and deliverables required to support the ByWard Market revitalization framework and redevelopment program, as outlined in this report.
Acquisition of 377 O’Connor Street: Transitional Housing for Families
File No. ACS2026-SI-HSI-0002 - Somerset (14)
Report recommendation(s)
That the Finance and Corporate Services Committee recommend City Council:
Approve the acquisition as described in the report for the purchase of the fee simple interest in lands and premises known municipally as 377 O’Connor Street, shown as Parcel 1 on Document 1 attached, from the Albert/O’Connor Properties GP Inc. for $45,000,000 plus applicable taxes and closing costs estimated at $2,000,000.
Delegate authority to the General Manager, Strategic Initiatives to enter into, conclude, execute, amend, and implement on behalf of the City, the Purchase Agreement for the acquisition of 377 O’Connor Street as described in this report.
In Camera Items
Notices of Motions (For Consideration at Subsequent Meeting)
Inquiries
Other Business
Adjournment
Next Meeting
Tuesday 7 April 2026