georgeplamondon10

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15 Good

À propos de georgeplamondon10

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    Montreal
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    Real Estate

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  1. georgeplamondon10

    Mile-Ex 3-5 Unit Condo

    Good advice, don't do it yourself if you are not familiar with the process or find somebody who will find a land and help you along every step. You can make so many mistakes which can make your project much more expensive than buying a new condo from a developer.
  2. georgeplamondon10

    Quais De Lorimier - Nouveau projet

    Are you sure that Prével bought the land? I have heard from a party who recently approached Bertone that they were not interested in selling. Could it be that Prével is partnering with Bertone on this project? It would be a good fit. Prével has the ability to make this project financially work and is good when it comes to residential. Bertone on the other side is more a commercial developer and is missing financial ability.
  3. georgeplamondon10

    Solargise - Une usine et 1000 emplois sur le golf d'Anjou?

    Don't forget, without speculation, there is absolutely no investment at all. Making it more difficult for investors and speculators might not be the right decision. I tend to believe that we should make it easier for investors & developers as they are the people who ultimately create jobs!
  4. georgeplamondon10

    971-975 boul. Saint-Laurent - 13 étages (Hotel et logements)

    It is GROUPE DACA INC.
  5. georgeplamondon10

    Quais De Lorimier - Nouveau projet

    Thank you for your answer. I completely agree with your first argument and I have seen the 21e and I know they are building great projects. I am just worried that we are overbuilding the residential part. This lot has the potential to change the complete area and to give it a new life. Prevel's projects usually have a street-level commercial space and many stories of residential (condo or rental) on top. I would have hoped for a developer which focuses on both residential and commercial, meaning that we will have office buildings, condo towers, rental towers, hotels and all with commercial space on the street level. Prevel is an amazing developer, I just hoped for a mixed development with a larger commercial part than a residential development with a small forced commercial retail part.
  6. georgeplamondon10

    Quais De Lorimier - Nouveau projet

    Not good. This means they will really just build residential units with minimal commercial and office space. As I said before, what we need is a good mix of live, work and play and not a downtown full of residential towers. This area needs office space and businesses to improve. Group Mach and the Molson project will already add enough residential units in the coming 10 years. Where should all these people work that are supposed to live in the area?
  7. georgeplamondon10

    Quais De Lorimier - Nouveau projet

    It would make so much sense and I hope that this becomes the reality over the next 20 years... Montreal should densify instead creating new neighborhoods in the suburbs, which will lead to even more traffic...
  8. georgeplamondon10

    Quais De Lorimier - Nouveau projet

    I am pretty sure we will see a lot of luxury / higher priced condos and less affordable or social housing. Honestly, it also makes sense and I am not opposed to the gentrification of this part of the city. This piece of land is so close to the city center and therefore sooner or later this area will and has to become an area of the upper/middle class. Maybe it is just me, but I don't think it makes sense to build social or affordable housing in the city center (for example the project next to the bell center) where everything is much more expensive. Besides this, I really hope that the new developer creates a triple play project which includes housing, offices, and retail. The project that Frontier mentioned with 2500 residential units sounds like a horrible idea. We should make sure that we create a city where we can live and work instead of "overbuilding" residential condo tower... Just listen to Richard Hylands (president of Kevric) during the 2018 Montreal real estate forum.
  9. georgeplamondon10

    Quais De Lorimier - Nouveau projet

    The registre foncier has not been updated with the sale agreement. Where did you get that information from? No commercial and offices anymore? Only residential? Who is the new developer?
  10. georgeplamondon10

    Actualités du Plateau

    Mostly Mile-End. Only 4500 people more since 1996? How many new commercial spaces have been built...how much did the property taxes increase during this time... how many fewer people are visiting the Plateau...?
  11. georgeplamondon10

    Actualités du Plateau

    I understand where you are coming from and what you mean, but there are many factors that you are not taking into account: The density in the Plateau has decreased as bigger condos are being built, fewer people live in one apartment (more single people), triplexes and duplexes are being converted to townhouses... New construction permits take a minimum of 12-18 months and the city does not plan to increase the density, which means that fewer people are living in the Plateau. Fewer people also mean fewer customers for local businesses. In addition, Plateau habitants relatively young and tend to shop online more often than going to a store down the street. Less parking spaces and fewer people from outside of the Plateau in combination with the other factors results in an overall lower demand for commercial space and business in the Plateau. At the same time, the city is forcing the developer to have commercial spaces on the ground floor which increases the supply. All this should result in lower rents for commercials, however, the property prices increase every year and so do the property taxes. In many cases, the property taxes are 50 to 60% of the entire rent making it impossible for small businesses to pay the rent and impossible for investors to make good profits. Many owners are no willing to invest any money in the facade of their buildings as they fear that the property taxes will increase resulting in them losing their commercial tenant. Why are they losing their commercial tenant? Because the demand does not increase at the same rate as the property taxes... Look at the streets like Saint-Denis. During the construction, many people from outside of the Plateau stayed away and the small businesses were only relying on the habitats of the Plateau. Well, many did not survive and even today many of the storefronts are empty resulting in even more people deciding to shop somewhere else... People of the Plateau tend to spend less than in other boroughs... If the businesses in the Plateau want to survive, then the property taxes need to be lowered and the demand needs to be increased, either through an increase in population density or by making it easier for people to come by car or by preferably public transport. The current strategy is just not working. The only area that is expanding is the Mile-End area because higher density office space is being built.
  12. georgeplamondon10

    Le Sélection Repentigny - 30 étages

    So I checked... It is definitely this land which Réal Bouclin bought for this project:
  13. georgeplamondon10

    Le Sélection Repentigny - 30 étages

    Actually, I might be wrong. This land was bought by the Groupe Savoie in 2017...
  14. georgeplamondon10

    Le Sélection Repentigny - 30 étages