Montreal developer behind heritage hotel plan calls move into Ottawa a 'natural progression'

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The Montreal-based developer behind a plan to convert a ByWard Market heritage site into a hotel and build an adjoining apartment complex says it has “a bunch” of projects in the pipeline for the National Capital Region, promising more “big” news soon.

“It seems like a natural progression to go west,” Rimap Development co-president Marc Varadi told OBJ on Friday, noting the Quebec firm also has projects in the works in the Toronto region. “Ottawa’s fantastic. People often underrate it.”

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