Lamb Development

SOBA - Occupancy Started

soba-logo-header Ottawa Condos .jpg

Lamb Developments latest Ottawa project, SoBa - 203 Catherine Street, is nearing completion with occupancy being granted on the first group of units starting Friday January 25th. Owners of units on floors 2-12, are able to pick up their keys in the lobby from 9-5pm.

For more information about SoBa, including floorplans, renderings, etc. visit our SoBa Condos page which has everything in one place. Click Here To View.

SoBa - Public Sales Event Announced

soba condos ottawa sales event.png

For those who didn't take advantage of the sales before it went public, Lamb Developments has announced a date, with no other specifics (pricing). September 12th at 6:30 pm - and you must be registered. 

Keep in mind - We have access to sell this product NOW before it is released to the general public and before prices are increased. If you are interested, fill out the form below to recieve pricing and to take advantage of the investor promotion (two-year rent guarantee, two-year free property management, etc. ), or to be registered for the event.

Name *
Name
Phone
Phone
Pick *

SoBa - Sales Promotion

soba-logo---header.jpg

Lamb Developments has announced an upcoming sales promotion for SoBa, which is located at 203 Catherine Street between Bank and O'Connor. The sales promotion is targeted at investors who are really heating up the market especially with pre-construction product. Aside from the 5% off prices which puts one bedroom units starting at $217,900, they are offering:

- Only 5% down
- Closing cost and development fees capped at $5,000.00
- Free rental permission clause
- Free property management for two years
- Free rent guarantee for two years

Keep in mind that this promotion is NOT yet being offered, however, we will have early access to those looking to take advantage. Lamb is currently holding off selling units at SoBa in order to focus on selling units at Gotham. 

Things to note, occupancy is currently projected to start around October of this year. I don't expect this promo to last long, especially with units nearing completion so soon. SoBa is currently about 80% sold out, so there is limited supply of available floorplans.

If you want to take advantage of this offer before the general public, fill out the form below. 

Name *
Name

SoBa Condos - Sales and Construction Update

soba logo.png

SoBa Condos, located just north of the 417 on Catherine street has officially finished pouring the top floor (23rd). Lamb Development is expecting an occupancy of 2018, starting on the lowest floors. The building is 75-80% sold and they are currently "in-talks" with selling the last two penthouse units.

SOBA - Construction Update - January 30th 2018

soba-logo---header.jpg

Things are progressing quite nicely at SoBa. Construction is currently pouring the 23rd floor (seven more to go), with windows starting to be installed on the 2nd etc. There are reports of construction crews working over the weekends in order to catch up with the delays (weather, mainly low temperatures). 

For more information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE

For more information or to chat with Matt Richling about pre-construction condos in downtown Ottawa, fill out the form at the bottom of the page.

Soba-Construction-Update-Jan-30th-Podium.jpg
SoBa-Construction-Update-Jan-30th.jpg

SOBA - Construction Update February 2017

Things are moving ahead on the SoBa project which is located on Catherine street. Digging has now stopped and things are moving upwards! 

For more information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.
 

Gotham - Fall Sale

Gotham Condos Fall Sale

Lamb Development Corp. has announced another sale to push the remaining units at Gotham, located at 224 Lyon St. This fall sale has discounts up to $62,000 off the developer prices for the remaining 20 developer inventory suites from the original 251 units. 

For any questions about pre-construction condos across Ottawa contact Matt Richling (Sales representative with RE/MAX Hallmark Realty Group) by filling out the form below or Matt@MattRichling.com.

SoBa - Construction Update August

**For updated information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

Since the last update earlier this year, Lamb Developments has continued to move forward with construction of SoBa which will be located at 203 Catherine Street. Construction of the 240 unit, 23 storey building is expected to be completed in late 2017 or early 2018. Units are still available for purchase.

For information on pre-construction condos in Ottawa, contact Matt Richling (Sales Representative with RE/MAX Hallmark Realty Group) by filling out the form below.

Name *
Name

SoBa Condos - Construction Update

Soba Condo Construction Update Ottawa
SoBa Condos Ottawa Catherine Street Construction

After a warm fall and finish to 2015 we have not seen much progress from the construction site of SoBa. Located at 203 Catherine Street in Centretown, the 240 unit building was set for "completion in 2016" - however we have a feeling that this will be pushed back. 

Click To Enlarge

For more information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.

SOBA - Construction Underway!

**For more information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

After a very quiet spring and summer, construction has officially started on Catherine street for SoBa condos. Being built by Brad Lamb of Lamb Developments (Toronto), this is the second building in Ottawa by the "King of Condos", first being Gotham located on Lyon.

We have been told that the construction crew is currently digging the Slurry Wall, which should last about 100 days for a project of this size. Then the main excavation is able to begin. A building permit was issued on August 27th 2015 to Doran Construction for a partial permit for excavation and shoring and part foundation only. Construction is expected to take two years and be completed in 2017.

Here is the construction site as of this morning - a screen shot from the live youtube camera of "Jimmy Joners" - Click here to view.

Soba Ottawa Construction Progress Condos

Interested in learning more about SoBa condos or downtown condos? I would love to chat - fill out the form below or email me matt@mattrichling.com

Name *
Name

SOBA Condos - Construction Update

Soba Condos Logo Ottawa

Checked out the progress of the Lamb Development project, SoBA. This is how it sat since they pulled an old tank out of the ground (click for video) on April 1st. No word yet on what exactly they found or how it will impact timing and no word from Lamb on when they expect construction to officially start.

Located at 203 Catherine st. in Centretown, the 23 storey, 240 unit building was set for completion late 2016. Fill out the form below if you are looking for more information on units currently available.

**For more information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

Soba ottawa Condos Catherine

The Bronson - Likely 70% an Apartment Building says Lamb

As quoted in last weeks Ottawa Business Journal, Brad Lamb has confirmed that "there is about a 70 per cent chance that his company, Lamb Development Corp., will either market the 19-storey, mixed-used tower as an apartment complex itself or sell it to another institutional investor, which will then reap the long-term rewards of rental income."

The article speaks about the increasing rental market across Canada - "Toronto, which has more than 20 apartment projects under way, but many housing analysts say it’s only a matter of time before things pick up here [in Ottawa]." Citing reasons such as low interest rates that make construction cheaper, a current condo market, rising rents and higher home prices, along with a lack of high quality (condo-like) rentals.

What does this mean for single investors who purchase pre-construction units to rent out?
 

SoBa Ottawa - Live Stream of Construction Progress

**For updated information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

Soba Condos Ottawa Livestream Construction

For those unable to drive by to see the progress of the construction at SoBa on Catherine Street, Jimmy Joners currently has set up a live stream of the site. 

Questions about SoBA or Lamb Development? I would love to help get you an answer.

The Bronson - Cancelled? Sold? Rentals?!

Bronson Condos Ottawa Rental
Bronson Ottawa Condo

In a recent Globe and Mail article it was mentioned that Lamb Development has sold the "$90-million condo project... to an investor". The article implies that Brad Lamb sold the building to an investor who is turning the project into a rental building. Bronson is/was located at 196 Bronson Ave.

Digging further, Fortress Real Developments has announced that the development team submitted a revised development application for Bronson back in October for review by the city. "The 21 storey, 212 unit apartment project is currently being contemplated as a rental as opposed to a condominium." as per their website.

Stay tuned!

View the Globe and Mail article HERE. Excerpt "Even Toronto’s “condo king” Brad Lamb has turned to the rental market, recently selling a $90-million condo project called the Bronson in Ottawa to an investor. When Mr. Lamb unveiled the project in 2013, Ottawa’s condo market was booming, but it has cooled off amid a glut of new construction. “By the time we had closed on the project the market had shifted significantly,” said Ben Myers of Fortress Real Developments, which was financing the project. “A lot of projects came in on a few years and it was just too much.” - 

Gotham - Occupancy Delay

Sign-Gotham.jpg

Owners of Gotham (224 Lyon) received notification from Lamb Development this morning of another delay in firm occupancy. Owners on the lower floors were expecting the occupancy as of March 24th, but notified today that it is pushed back till April 1st (some higher floors are reporting similar delays). 

As is in the notice "Due to some unexpected and additional items identified as required for occupancy by various City Inspectors on Thursday of this week (that will take 5-10 days for the site to complete,) we are giving you a revised firm occupancy date of 1 April 2015."

Lamb Development faced two large and unfortunate set backs during construction by outside trades that have held up completion of the building. They stand by the product, with Brad Lamb saying that "Gotham will be Ottawa's finest residence."

Questions about Gotham condos in Ottawa? 

Gotham Showcases Modern Industrial In Four Models - Ottawa Citizen

Gotham-exterior-2.jpg

The Ottawa Citizen looks at the four models that are opening to the public tomorrow March 14th, inside the Gotham Condos. Of the 240 units in the building, only 40 suites remain, with pricing starting at $262,900 up to $451,900. Built by Lamb Development, the building is starting occupancy March 24th, 2015. Questions about Gotham? I would love to help.


Gotham Showcases Modern Industrual In Four Models
Patrick Langston - Ottawa Citizen
March 13, 2015 

Condo buyers anxious for a taste of life at Lamb Development’s much-anticipated Gotham — a name that evokes robust images of both New York City and Batman — can do so Saturday when four model suites open to the public.

The models, ranging from 497 to 922 square feet, feature strong industrial accents such as exposed concrete as well as generous glazing and contemporary decor.

The 17-storey building of glass, steel and black brick towers over a mostly low-rise neighbourhood at the corner of Gloucester and Lyon streets.

The project has sold well since it launched four years ago: only 40 of its 240 units remain available, and the builder may keep some of those unsold condos as rentals. Penthouses and “glasshouses” (spectacular, glass-enclosed units) have all sold.

Construction was slowed by this winter’s extreme cold, but company president Brad Lamb says buyers are expected to take occupancy by March 24.

The remaining units will be sold four at a time, and there will always be a quartet of model suites for viewing. Lamb calls the approach a “patient” way of selling. Keeping your customers a little hungry is also a smart way of selling.

Available suites at the time of writing range from $262,900 to $451,900.

The model suites embody the company’s fondness for contemporary, industrial-tinged design, according to Lamb.

“We want to be edgier in all our units: we use exposed concrete; nine-foot ceilings, sometimes higher; modern, clean finishes. We don’t want anything historically oriented; it’s always to the future.”

Lamb says the models target Ottawa’s main condo market: young singles, young couples, the occasional 50-plus pair without children. 

“Our goal is to deliver in every market the best units in the middle-class range.”

The project will include seven condo townhomes with private patios and 20-foot-plus ceilings in the living/dining rooms. Five of the seven homes have sold.

The models

Loft 08/09: The one-bedroom, 497-square-foot unit may be the smallest of the four models but, like all the condos at Gotham, the shotgun-style layout captures some of the great outdoors thanks to the wall of glass in the living/dining/kitchen area. The expanse of glazing includes a patio door leading to the standard-issue balcony with its gas barbecue hookup.

The kitchen features stainless-steel appliances including a gas stove, and the sleek, white Euro-style cabinetry matches the quartz countertop. The finishes in the models are all standard features, says Lamb.

The bath and bedroom, the latter with three walls only and simply decorated to reduce clutter, sit between the entry and the main living area.

An exposed concrete wall runs the length of the model, which is priced at $262,900.

Loft 10: With both a den and a bedroom, this unit maxes out its modest 648 square feet.

The den, just off the entry, sets the contemporary tone with its exposed concrete wall, black-and-white photo of a manual typewriter, and a metal-and-glass floor lamp.

A round wooden table set with white candles and surrounded by wood and-blue fabric chairs lends warmth to the living area with its one concrete wall and ceiling that are Lamb standards.

The bedroom’s sliding, frosted-glass door would provide privacy if you had a guest sleeping on a pull-out couch in the adjacent living room.

This unit is $317,900.

Loft 11/12: Another bedroom-plus-den unit, but at 751 square feet, this one has extras such as a four-piece bath with access from both the bedroom and den.

The kitchen, which is just off the foyer, has an elegant feel thanks to the blend of charcoal grey cabinetry and white countertops.

“I think we build the most beautiful washrooms and kitchens in any market,” says Lamb. “They’re like art.”

The suite, which sells for $357,900, features dark wood flooring and striking furniture, like a metal and timber credenza.

Loft 07: At 922 square feet, this unit has room for a den, a bedroom large enough for a compact tub chair in one corner, a four-piece ensuite with an undermount sink, and, just off the foyer, a powder room.

Contemporary reigns in the living area with metal basket dining chairs, a gleaming white laminate credenza, and low-slung steel and fabric easy chairs.

The kitchen sports a large island with a double, undermount sink and contemporary fixtures. The backsplash is light grey subway tile.

The unit costs $451,900.

In the area

It’s a short walk to everything from Bank Street’s restaurants and stores to parks like the one overlooking the National Library of Canada. For those with a green thumb, there are a couple of nearby community gardens, including one at Nanny Goat Hill at Laurier and Bronson.

Gotham

What: 240 condo units in a 17-storey downtown tower. Also an adjacent seven-unit townhome condo development.

Builder: Lamb Development Corporation

Prices: Apartments that will be available as of Saturday start at $262,900. Condo fees: 42 cents a square foot. Parking, $35,900.

Sales centre: 224 Lyon St.

Hours: Monday to Wednesday, noon to 6 p.m.; Thursday, 3 to 8 p.m.; weekends, noon to 5 p.m. Closed Fridays. (Model viewings by appointment only.)

Information: 613-257-8887gothamottawa.com

SoBa Condos - Model Suite Furniture Sale - This Saturday

SoBa Furniture Sale Ottawa Condos

**For updated information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

In preparation for the start of construction, Lamb Development Corp. is selling off the furniture in the model suite at SoBa (203 Catherine St). The sale will take place this Saturday from 12noon till 4pm. They are offering up to 65% off retail price for furniture, kitchen cabinetry, fixtures, appliances, as well as the bathroom fixtures and lighting. Brands include UpCountry, italinteriors, klaus, Teknion, Visitor Parking, Home Atelier, and plan b. Note: Cash only, and all sales are final.

This sale will allow the construction crew to move the sales centre on March 1st, so that construction can begin.

SoBa Update + Final Pre-Construction Sale

soba-construction-starts ottawa.jpg

**For updated information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

Lamb Development Corp has officially announced date for the start of construction. Starting on March 1st, the sales office will close and construction will begin. Currently the building is at 86% sold out, with a good selection of units still remaining. In order to start the next phase with a bang, Lamb is offering a "Final Pre-Construction Promo" of up to $50,000 off prices depending on the size of the unit. Official amount ranges from $13,000 for the smallest unit, up to $50,000 off for the penthouse unit.

Interested in getting more information about SoBa condo units, or purchasing a condo in Ottawa? Let's chat!

SoBa - Free Condo Fees

**For more information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

SoBa Ottawa announced today that they are offering free condo frees for two years to any new purchases. A promotion like this usually comes as a reduction of unit price or a cash back on closing.

Looking to find out more about SoBa Ottawa or purchase a new condo in Ottawa? I would love to help. Contact me by filling out the form below.

Name *
Name

SoBa Condos - Construction Delayed

2012_04_20_04_36_37_soba_at_night.png

**For updated information about SoBa Condos, check out the dedicated section with regularly updated construction and sales information. CLICK HERE to view.**

Just got word that the construction for SoBa Condos will be delayed until spring 2015. Originally SoBa was scheduled to have the sales centre removed and the digging start earlier this year, however it was pushed back till late summer. Multiple reasons for the delay, but mainly Lamb Corp. is waiting on the permits from the city before they can begin. Keep in mind for those who have purchased, the last day they can deliver the condos (as per the Tarion agreements) is November 29th 2017.

If you are interested in purchasing a unit at SoBa, they are currently offering discounts on the latest pricing (prices went up before sales centre was to close) ranging from $9,000 to $41,000 off depending on the unit. For a full price list, click on the button below.