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The building, named after Major-General George R. Pearkes, [3] was constructed between 1969 and 1974, and was originally intended for use by the Department of Transport.When a planned National Defence Headquarters complex on the LeBreton Flats was not built, however, DND acquired the Colonel By Drive structure.
The typical commission on a real estate transaction totals somewhere between 5 and 6 percent of the home’s sale price, split evenly between the listing agent and buyer’s agent.
The Major-General George R. Pearkes Building. Canada portal; National Defence Headquarters (NDHQ) (French: Quartiers généraux de la Défense nationale (QGDN)) was created through the integration of the Canadian Armed Forces Headquarters (CAF HQ) with the civilian Department of National Defence (DND) staff in October of 1972.
[10] [7] The initial business model employed full-time, salaried brokers [11] and was focused only on rentals. [12] The service was launched in May 2013. [13] [12] In January 2014, Compass announced it would change its overall business model by contracting independent real estate agents, receiving a portion of the broker commission. [14]
In 1966, rail service was controversially relocated to the new Ottawa Station about 3 km (1.9 mi) southeast in an industrial area in the east end of the city as part of an urban renewal plan, leaving the area on the eastern bank of the canal open for development. The Colonel By Drive was built in part on this newly-available rail right-of-way. [3]
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CA$50 million came from the Canadian government, CA$50 million from the Ontario government, $40 million from the City of Ottawa and the remainder of $30 million was borrowed by the centre itself. [8] The new building was designed by Ritchard Brisbin (bbb architects Ottawa) and features a curved glass facade on the Colonel By Drive front.
The Bank Street Bridge, officially known as the Bank Street Canal Bridge, is a bridge in Ottawa, Ontario, Canada, that carries Bank Street over the Rideau Canal. It links the Glebe to Old Ottawa South. It also passes over the Queen Elizabeth Driveway and Colonel By Drive. A wooden bridge was first constructed in this location in 1866.
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