There are moments in a city’s life when the decisions made at council chambers shape not just its skyline, but its soul. The redevelopment of Lansdowne Park has entered such a moment. The City calls it Lansdowne 2.0. Once again we are asked to believe that this time things will finally work out. I am respectfully saying: no thank you.
I support investing in our city’s infrastructure, in affordable housing, and in vibrant community spaces, but I am deeply opposed to the kind of public-private partnership (PPP) model that Ottawa keeps repeating – especially when the affordable housing promise is quietly reduced, when the public carries the risk, and the private partner walks away with much of the upside.
In the case of Lansdowne 2.0, the City and its private partner, Ottawa Sports and Entertainment Group (OSEG), propose to rebuild the north-side stands and arena, build new housing towers, bring retail/condo podiums, and “revitalize” the site. The projected cost is now $419 million, according to City documents. The City’s Auditor General warns the cost could be as much as $74-75 million more and that revenues may fall short by $10-30 million or more. That alone should give us pause, but the real problem goes beyond the balance sheet.

The public-private problem
The idea of PPPs sounds appealing: share risk, leverage private capital, deliver publicly beneficial projects faster. But the repeated pattern in Ottawa is that the public land, public debt and public oversight become the junior partner in the deal. When good times happen, the private side takes the returns; when costs rise or revenues shrink, the City and the taxpayer carry the burden. We know this from Lansdowne 1.0 and from other large projects in the city. The question is not simply “Is this a partnership?” but “Who bears the downside when things go off plan?”
The Auditor General’s review of Lansdowne 2.0 flagged that the City is “responsible for the cost of construction…..and any cost overruns” even though much of the revenue upside depends on later ‘waterfall’ arrivals. If we’re asked to commit hundreds of millions now in the hope of returns later, we must demand transparency, risk caps, guaranteed affordable housing and binding public-benefit commitments. Anything less is not renewal, it’s risk-shifting.
Affordable housing is not optional
At a time when Ottawa faces an acute housing affordability crisis, we are told that “housing towers” are part of the funding model for Lansdowne. But the developer’s track-record of promising affordable units, and then claiming they can’t deliver is worn and familiar. In the updated Lansdowne plan the number of guaranteed affordable units was cut or deferred and shifted toward “air-rights” revenues and condo sales, effectively betting public good on speculative real estate. Affordable housing should not be a line-item to trim when the spreadsheets wobble. It is the social licence that allows private profit on public land. Approving a plan that pares back affordable units yet asks for public exposure is indefensible.
Traffic, transit and neighbourhood liveability
The Lansdowne site sits beside the Rideau Canal, the Glebe and the Bank Street corridor – one of the most traffic-choked corridors in the city. Yet the plan envisions adding 770 new residential units (down from an original 1,200) on top of retail podiums. Meanwhile, the city’s own “Bank Street Active Transportation and Transit Priority Feasibility Study” (June 2024) underlines that Bank Street is already at capacity for cars and buses, that pedestrian and cycling infrastructure is insufficient and that any added vehicle traffic will further degrade mobility.
Without a clear strategy to manage car access, parking, transit loads, cycling/pedestrian safety and construction impacts, this redevelopment risks worsening gridlock and degrading the very neighbourhood livability the project claims to enhance.
Sports tenants and viability
One of the central rationales for Lansdowne 2.0 is that the existing arena and stands are aging and that new facilities will retain sports franchises and major events. Yet the plan, as approved, reduces capacity for hockey to 5,500 seats and concerts to around 6,500 – considerably smaller than many mid-sized arenas. Meanwhile, neighbouring downtown developments such as the proposed new arena for the Ottawa Senators raise questions: what is Lansdowne’s tenant strategy once the major franchise relocates? If the largest anchor tenant leaves, the revenue model collapses. The City is committing hundreds of millions without a transparent long-term sports strategy. Sports teams argue they cannot stay if capacity or amenities shrink. If they depart, the burden falls back on taxpayers.
Commercial podiums and vacant retail
The redevelopment includes a shift from 108,000 square feet of retail to 49,000 square feet; a cut because local business viability was weak in the first phase. Even today many of the commercial units around Lansdowne 1.0 remain vacant because rents are too high for independent businesses and the location’s infrastructure doesn’t support consistent foot traffic outside game days. The plan’s assumption that retail will compensate for public investment is shaky at best. Until we see real evidence of market demand and rental levels that support small business and serve neighbourhoods, not just downtown condo-dwellers, we are betting public money on commercial models that already failed once.
The opportunity cost
Let’s not forget what’s at stake. Nearly half a billion dollars in public exposure. Imagine what that money could do across the city: hundreds of affordable housing units in multiple wards, refurbished community centres, libraries, rinks, park renewal, neighbourhood transit links. Instead, we’re being asked to invest that money in one downtown site, tied to a private partner’s spreadsheet and future real-estate and event-market assumptions. This is a question of equity: do we serve one marquee site or many? Do we favour single big deals or dozens of small, proven community-led investments?
A better path forward
I believe in renewal. I believe Lansdowne and its broader site matter. But I cannot support the current model unless three things change:
1. Full transparency: release the full pro-forma, risk tables, debt-servicing schedules, and waterfall projections.
2. Binding affordable-housing guarantees: not aspirational “10 per cent of air-rights revenue,” but concrete units or legally-binding contributions to affordable-housing stock.
3. An urban-livability strategy: traffic and transit modelling for Bank Street and the Glebe; tenant guarantees for sports franchises; a retail strategy that supports small local business; and a cap on public exposure in cost overruns.
If a deal only works when the public is last in line for returns, when affordable housing is trimmed, when traffic worsens and local business fails, then we shouldn’t do it. That is not civic renewal. It is a subsidy for speculative dysfunction.
Public land, public money, public trust. If those three are not aligned, the right move is not to sign another 40-year partnership and hope for the best. It is to pause, open the books, redesign the deal and ensure the structure serves the city first, not the private partner. Ottawa can build better than this. It just needs to decide whose interests it wants to serve.
Sources:
• CityNews Ottawa: OSEG revamp cost jumps to $419 M.
• City of Ottawa / Engage Ottawa: Lansdowne 2.0 project/funding details.
• Auditor General of Ottawa: cost under-estimation, financial risk.
• Glebe Report: traffic/transportation study on Bank Street.