Carlingwood Mall, a shopping complex founded in 1956 and now home to Canada’s biggest Canadian Tire, has officially been sold.
The developers Streamliner Properties and Anthem Properties Group grouped together to purchase the property and made the announcement on June 3, claiming it has lots of potential for residential development. While motions are still being put in place and plans developed, Minet Capital, owner of Streamliner properties, says that “it offers a prime location for much-needed incremental residential density.”
To hear more about the mall’s sale and stories happening in the Ottawa region, listen to the 95.7 ELMNT news brief.