Real Estate Development
Synonymous with its founder, Ottawa-based Campeau was able to construct both office complexes and residential subdivisions to accommodate Canada's rapidly expanding civil service. Campeau Corporation had two main rivals in the residential housing market: Assaly Construction Limited and Minto Developments Inc., the latter owned by the family of future Ottawa mayor Lorry Greenberg.
For many years it was city policy in Ottawa that buildings in the downtown core not be taller than the Peace Tower of the parliament buildings. Campeau found this rule to be unnecessary and was drawn into conflict with city council over large high-rise developments such as Place de Ville.
Campeau's real estate development success soon spread outside Ottawa. In Toronto its notable developments included Scotia Tower (the city's second tallest skyscraper) and the Harbour Castle Hotel (now part of the Westin Hotels chain) - which helped revitalize the city's waterfront area.
Read more about this topic: Campeau Corporation
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