On December 5, 2025, the City of Ottawa finalized the Lansdowne 2.0 redevelopment transaction, a significant public-private partnership (P3) project that builds upon the original Lansdowne Park transaction completed in 2012 between the City of Ottawa and the Ottawa Sports and Entertainment Group (OSEG). The original deal delivered a mixed-use entertainment district that included a CFL stadium, a hockey arena and event centre, 360,000 square feet of retail, an office tower, three multi-family residential developments, the Ottawa Redblacks CFL team, and the Ottawa 67's OHL team. Ottawa City Council approved the Lansdowne 2.0 plan in a 15-10 vote on November 7, 2025, clearing its final hurdle at city hall.

Lansdowne 2.0 involves the construction of a new event centre and arena, the demolition of the north side stands of the CFL stadium and the existing hockey arena, and the construction of new north side stands, two new residential high-rise towers including a hotel, and 60,000 square feet of new retail. The redevelopment doubles the magnitude of the original Lansdowne Park, both in terms of square footage of real estate and dollars invested. The City of Ottawa is investing approximately $420 million in the site, with a gross investment of over $800 million.

BLG represented the City of Ottawa and Soloway Wright LLP advised the Ottawa Sports and Entertainment Group on the transaction.