was also struggling and after failed expansion attempts in the United States his company collapsed. In 1996 its remnants, including Place de Ville, were bought by the Reichmann's Olympia and York (O&Y). In 2000 O&Y announced that work would begin on a third phase of the Place de Ville complex. This would consist of two new towers one 18 storeys and the other 12. They would be built on the large parking lot across from Tower B. Several other downtown building projects and another economic downturn put these plans on hold, however. In February 2005 O&Y announced it would be selling most of its Canadian holdings, including Place de Ville. Transportation Since September 14, 2019, the complex is directly linked to Lyon Station of the Confederation Line which is situated underground between the two phases of Place de Ville. One entrance is integrated into the south façade of the Podium building, while a second entrance can be found within the underground shopping concourse. The complex boasts the city's largest underground parking garage with space for 974 cars. Future developments Place de Ville is now managed by Brookfield Properties. Plans have been filed with the City of Ottawa to replace the 4 storey 'Podium' building with a 19 floor office tower. A two storey link would connect tower C with this new building and include wider, brighter escalators to the underground concourse. Brookfield also owns a large surface parking lot taking up half a block across Kent Street from Place de Ville phase I that could see construction of over half a million square feet of office space. The parking lot will be partially closed during the construction of the Confederation Line to allow the builders to use the lot as a staging area and a central point from which to dig the downtown subway portion of the system. See also List of tallest buildings in Ottawa–Gatineau Confederation Line Underground City Robert Campeau Brookfield Properties References External links Place de Ville I - BPO Properties Place de Ville II - BPO Properties Skyscrapers in Ottawa International style architecture in Canada Brookfield Properties buildings Skyscraper office buildings in Canada Skyscraper hotels in Canada Retail buildings in Canada