NCC aims to complete Senators' LeBreton Flats deal by end of '25

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Following the National Capital Commission's board meeting on Thursday, CEO Tobi Nussbaum said that talks to finalize the sale of 10 acres of land at LeBreton Flats to the Senators "continued with a hope of completing the deal by the end of 2025." The two sides agreed to the deal in principle on Sept. 20, and since then, the Senators and NCC officials have been "holding negotiations during this 'due diligence' period to attempt to get the sale across the finish line." But it "won't happen anytime soon." An NHL executive said that the Senators "were 'making progress' in the talks, but not nearly as fast as they would like." The Senators had hoped that if all had gone to plan, the NCC would have "been able to rubber-stamp the sale Thursday," but that "wasn't the case" (OTTAWA CITIZEN, 1/23).



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