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Ontario  + Canada + Cross Border News  + Industrial  | 

Broccolini Launches Construction of Nokia’s 750K-SF Innovation Campus in Ottawa

Broccolini has broken ground on Nokia’s new 750,000-square-foot Ottawa innovation campus in Kanata North Tech Park.

The real estate company is serving as development and construction partner for the research-and-development facility.

The project marks the start of the active construction phase, with project teams, trades and partners now mobilized on site. The campus is being designed to high sustainability standards, incorporating LEED principles, low-carbon materials and resilient energy systems, said Broccolini.

“To be chosen to develop and build a campus of this importance for a global technology leader is a mark of real trust, and it is exactly the kind of complex, high-profile work Broccolini is built to deliver,” said James Beach, executive vice-president of real estate development at Broccolini. “This is one of the most significant projects in our history, and we are proud to be building it here in Ottawa.”

Broccolini said it is expanding its Ottawa presence by hiring across development, construction and project delivery to support the Nokia campus and a growing pipeline of work in the region. The company said the project further strengthens its portfolio of large-scale developments across Canada.

Upon completion, the project will be a research-and-development innovation campus comprising 300,000 square feet of workplace and community amenities and 450,000 sf of lab space.

Colliers and Nokia representatives earned a 2026 Connect Canadian Transactions of the Year Award for partnering on the development effort. In 2025, Colliers teams working in three different Canadian cities — Vancouver, Toronto and Ottawa — partnered with the municipal, Ontario and federal governments to develop the 11-acre site

The Colliers team involved with the deal included David Bowden (Vancouver); Jason Rutland and Tran Chow (both Toronto), and Michael Pyman and Jeff Brown (both Ottawa.) The brokers and Tracey Allen, Nokia’s global head of real estate, were honoured for their collaboration.

The partnership helped align economic development, global technology leadership and long-term real estate value creation. One innovative aspect involved the capital structure, which used a credit tenant lease (CTL) financing framework. This typically underused mechanism allowed Nokia to access $430 million in capital at favourable, fixed, long-term financing rates.

Montreal-based Broccolini provides integrated investment, development, construction and property- management services across the industrial, residential, commercial and office real estate sectors.

Pictured: Recent groundbreaking ceremony at Nokia’s innovation campus development site in Ottawa’s North Kanata district.

Photo: Courtesy of Broccolini

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About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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