Urban Capital Celebrates Topping Off of James House Condos Amid Ottawa's Housing Inventory Crisis
FOR IMMEDIATE RELEASE
In photo: From Left to right: Mara Nicolaou, Director of Design and Construction, Urban Capital; David Wex, Partner, Urban Capital; Sabine Grimes, Founder and Principal, Unison Group; Derek Nzeribe, President/Broker of Record Haus Collection Realty Limited
Image Credit: James Park Photography
Ottawa, ON - November 8, 2023 - In a city where the scarcity of housing inventory has reached critical levels, Urban Capital, a renowned developer in trend-setting, high-design condominiums, is thrilled to announce a momentous construction milestone—the topping off of James House Condos. This boutique-sized development, in partnership with Taggart Group, signifies a ray of hope in the midst of Ottawa's challenging housing landscape.
A Landmark Achievement
The topping off of James House Condos marks a pivotal moment in the development's journey. The nine-story building, designed by Toronto's architectural powerhouse, RAW Design, stands tall as a testament to innovative and sustainable construction.
David Wex, Partner at Urban Capital, shares this sentiment, "From the inception of this project, we aimed to set new standards in design, functionality, and community living. The topping off of James House Condos brings us closer to realizing that vision."
Meeting Market Demand
Amid Ottawa's housing inventory crisis, James House Condos offers a glimmer of hope. The demand for high-quality, innovative condominiums in the city has been steadily growing, and James House Condos is positioned to meet these expectations.
The Last Few Remaining Homes
What makes James House Condos even more exciting is the availability of the last few remaining homes. These unique living spaces offer an exclusive opportunity for prospective homeowners to secure their place in this exceptional community.
Derek Nzeribe, President and Broker of Record at Haus Collection Realty, emphasizes the significance of this project, stating, "James House Condos stands as a beacon of hope for our city's housing challenges. It's not just a building; it's a response to the market demand for innovative, high-quality living spaces. In a climate where homebuyers are seeking more than just a place to live, this development presents an opportunity to redefine urban living."
James House Condos and its topping off ceremony are a testament to what can be achieved when visionary developers and innovative architects come together. As a symbol of hope amid the housing inventory crisis, this project represents the dedication to addressing the housing challenges in our city.
About Urban Capital: Since 1996, Urban Capital has focused on reinvigorating de-industrialized city areas, offering design-focused urban condominiums that compete with suburban homes. They've completed over 4,900 urban condominiums, with more under construction and in the pipeline, totaling $4.4 billion in development. The company has expanded to multiple cities, pushing the envelope in urban location, high-end design, and green living, and continues to innovate in new markets and environmental measures.