NCC recognizes RendezVous LeBreton as the preferred proponent
The National Capital Commission’s Board of Directors today officially recognized RendezVous LeBreton (RLG) as the preferred proponent and authorized the NCC negotiating team to pursue negotiations toward an agreement to redevelop LeBreton Flats.
The NCC will work with RLG and the City of Ottawa on the modalities that will govern these negotiations to ensure an open-book discussion on the elements of mutual interest.
A high degree of cooperation will be required to realize our goal of creating a new vibrant neighborhood in the heart of Canada’s Capital—one that will deliver significant economic benefits to all levels of government and the citizens of the Capital region.
In April 2016, the NCC’s LeBreton Flats Evaluation Committee made clear in its public presentation to the NCC Board that the level of conditionality and the financial terms proposed by RLG would need to be addressed in negotiations.
Over the past six months, the NCC held 22 meetings with RLG to address these preliminary issues which included:
- The financial terms of the proposal
- Determination of fair market value of the lands
- Remediation of the lands
- Progress with key stakeholders
- Phasing and ownership of public realm components
- Timing of land transfers and approvals
- Universal accessibility
The Board determined that sufficient clarification and progress has been made with respect to the preliminary issues to warrant RLG being granted preferred proponent status. This status does not signify an acceptance of the terms contained in RLG’s documents submitted on October 31, 2016.
Negotiations are expected to continue for at least another year during which the NCC team will provide periodic updates to the Board. Should a mutually-acceptable agreement be reached, it will be submitted to the NCC Board of Directors for approval.