Downtown Ottawa Hotel Set to Become Private Student Residence
A downtown hotel minutes away from the University of Ottawa is set to be sold to a private student residence company this summer and reopen within a year.
Campus Suites Inc. is adding the Holiday Inn at 111 Cooper St. to its list of projects that already includes properties primarily in the U.S., as well as in Montreal and Toronto. Its Ottawa deal is set to close in July, Campus Suites president Henry Morton said Thursday, and then work will begin on the property to have it open by early summer 2015.
“We want to do this properly,” Morton said. “We want to upgrade the hotel to something that we’re all very proud of, and in order to do that it takes time and a tremendous investment.”
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