%@LANGUAGE="JAVASCRIPT" CODEPAGE="1252"%>
![]() |
|
||||
|
Existing Conditions and OCC Site Description |
Comparative Market AnalysisServices the ICC provides: Conference Space Ottawa Congress Centre - $15,000 rental fee for 42,000 sq ft (largest hall) (OCC - Common Scenario) 400 capacity hall (4000 sq ft) from 7am-5pm - $2500/day then separate into 5 workshops ($600 per room), 40 Exhibit booths $3400 (2000 sq ft) , Banquet Area (4000 sq ft) min. $30 ($12,000 if totally booked) + tax + tip (includes room and food) for lunch, or $35 + tax + tip. ICC Conference space – 72,500 sq ft ICC - $20,000 rental fee for 42,000 sq ft, ICC Common Area – 8,000 sq. ft. Additional area 22,500 can be sub-divided into separate space, exhibit areas, kitchen, and separate functions on. Hotels Westin Hotel Regular Rates (per night rates) (Sun to Thurs) Weekdays – Regular Room - $239-$319 Deluxe - $319-$429 Suite - $394-469 Exec Suite - $579 (Fri – Sat) Weekend - $70 (cheaper than weekdays) ICC Regular Rates (per night rates) Regular - $250-350 Deluxe - $400-450 Suite - $500 – 600 Executive - $1000 Tourism CN Tower - GATE PRICE (2 million visits per year) $27.55CAD for adults, $21.19CAD for youth. (See full price comparison for details) ICC Building tour and tourist view- $20 for adults, $10 for children under 12 (includes tour of facility), (400,000 visitors per year @ $15 average = 6 million) 400,000 tourists + 427,400 patrons = 827, 400 clientele Average spend $5 each = $4,137,000 gross Condos Condos – One Level – most in the last 10 years has been $833,000 at 450 Queen St on the 16th floor (sold in 7 days in June/03) ICC condos will start at $1,500,000 – 1300 sq ft (2 Beds), and $2000/sq ft beyond that (40,000 sq ft total) |
||||