How Light Rail and a New Downtown Arena Impact Ottawa Real Estate

By Bruce Firestone | Uncategorized

Jun 15

Prof Bruce spoke at a REIN event on June 23rd 2016 at 7 pm. The event was held at the Ottawa Conference and Event Centre on Coventry road.

The topic?

How Light Rail and a New Downtown Arena Impact Ottawa Real Estate

Here is the full audio of Bruce’s REIN speech:

Here is a tutorial based on his keynote:



CTC was built in Kanata in the first place

LeBreton is the right choice today

the NCC changed its stance on a downtown arena

to pay for a new arena—with more density and intensity

Ottawa is the
best G8 real estate market bar none

impact does a big time people mover have on real estate demand

millennials and seniors really want

to animate Ottawa
with not only a new arena and Zibi but a whole new set of policies and
initiatives including a national boardwalk


More Info:

Here’s a tutorial on the impact that a new downtown arena, the Senators plan to redevelop LeBreton Flats and light rail will have on Ottawa real estate.

I deal with:

-why the Sens proposal won the bid for redevelopment of LeBreton Flats
-why Canadian Tire Centre is where it is (in Kanata)
-what millennials really want
-how the Ottawa Senators can get a free site for a new downtown arena
-the proper role of government
-Detroit v Ottawa property
-national boardwalk
-Hudson yards, the largest ever development in US history
-why the competing bid for LeBreton failed
-impact of density and intensity
-Windmill Developments, Jonathan Westeinde, Zibi, eco-district
-bad planning decisions in Ottawa
-light rail to the south–cancellation
-Siemens and PCL lawsuit
-amalgamation of 12 Ottawa-area governments into one mega government and gigantic bureaucracy
-Fitroy Harbor
-rural v urban settlement
-micro apartments
-garage office
-LED lighting
-leisure is the new infrastructure, Eric Kuhne
-Electric Daisy Carnival
-Daniels Corp: love where you live
-do you own your property or does it own you?
-over investment in real estate
-office buildings are dinosaurs
-garage office
-micro retail
-backyard maker space
-peace, order and good government
-Mike Illitch, Detroit Tigers, Detroit Red Wings
-no defined benefit pension plan
-average CPP payout? $550 per month
-it’s real estate stupid
-real estate investing made easy book
-Don’t Back Down book
-do’s and don’ts of real estate investing
-don’t invest in rural areas or small towns
-animate your portfolio
-add programming

@ profbruce

More about Bruce M Firestone:


Bruce’s an entrepreneur/real estate broker, developer & coach/urban guru/keynote speaker/Sens founder/novelist/blogger/peerless husband/dad.

Bruce’s current motto:

making impossible possible

Bruce’s contact info:

Bruce M Firestone, PhD
Ottawa Senators founder, Century 21 Explorer Realty broker
613-762-8884 c @profbruce

REIN Ottawa:

The Event:


Everyone who is attending REIN’s conference gets a special bonus! You’ll receive a FREE e-copy of Sens founder Bruce M Firestone’s newest book, Don’t Back Down, the real story of the founding of the NHL’s Ottawa Senators and why big leagues matter.

It’s four stories in one—it’s about the founding of the Ottawa senators; it’s the inside scoop on the National Hockey League; it’s also a personal history plus it deals with real estate too—everything from the development of the Palladium (now Canadian Tire Centre) to Sky Dome (now Rogers Centre) and even the merits of a prospective Sens move to LeBreton Flats.

Here are a few reviews for Bruce’s book so far:

If you really want to understand how big league sports expansion works and why it matters, then this extraordinary chronicle by Bruce Firestone, a terrific storyteller, is for you,” David Perry, author of Hiring Greatness

I received my copy of your book, Don’t Back Down, yesterday and I couldn’t put it down. It’s been a very long time since I read a 600+ page book in one sitting!” Martin Read, amateur architect, 2:40 am Sunday morning

Every page of Don’t Back Down is full of fascinating detail and great footnotes and references… it’s a masterpiece and should be a reference book for real estate development as well as Ottawa and league history. Getting this city into the NHL has transformed Canada’s capital and made it a world class place to live and work; even Americans know where Ottawa is now! Big congrats! Michael Cowpland, Corel Corporation founder, Mitel cofounder, founder

Don’t Back Down is one of the best books I’ve ever read! It had just the right amount of facts and humor relative to one of the major milestones in Ottawa’s history. It not only gives us the inside scoop on the founding of the modern era Senators and the inner workings of the National Hockey League, it also shows how difficult childhood experiences can sometimes help build determination in us as adults to pull off miracles, Don Mason

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About the Author

Bruce is an entrepreneur/real estate broker/developer/coach/urban guru/keynote speaker/Sens founder/novelist/columnist/peerless husband/dad.