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Affichage des résultats pour les étiquettes 'development'.
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http://www.icisource.ca/commercial_real_estate_news/ When NIMBYism is warranted, and when it isn’t Of course, the question is whether a proposed development, infill project or new infrastructure build really does pose a risk to these cherished things. Developers and urban planners must always be cognizant of the fact that there is a segment of the population, a fringe element, who will object to just about anything “new” as a matter of principle. I’ve been to many open houses and public consultations for one proposed project or another over the years. There is almost always that contingent of dogged objectors who invariably fixate on the same things: Parking – Will there be enough if the development increases the population density of the neighbourhood or draws more shoppers/workers from elsewhere? Traffic – Will streets become unsafe and congested due to more cars on the road? Transit – Will this mean more busses on the road, increasing the safety hazard on residential streets, or conversely will there be a need for more? Shadowing – is the new build going to leave parts of the neighbourhood stuck in the shade of a skyscraper? These are all legitimate concerns, depending on the nature of the project in question. They are also easy targets for the activist obstructionist. Full and honest disclosure is the best defence Why? Because I see, time and again, some developers and urban planners who should know better fail to be prepared for objections rooted on any of these points. With any new development or infrastructure project, there has to be, as a simple matter of sound public policy, studies that examine and seek to mitigate impacts and effects related to parking, traffic, shadowing, transit and other considerations. It therefore only makes sense, during a public consult or open house, to address the most likely opposition head on by presenting the findings and recommendations of these studies up front in a clear and obvious manner. But too often, this isn’t done. I’ve was at an open house a few years ago where, when asked about traffic impact, the developer said there wouldn’t be any. Excuse me? If your project adds even one car to the street, there’s an impact. I expect he meant there would be only minimal impact, but that’s not what he said. The obstructionists had a field day with that – another greedy developer, trying to pull the wool over the eyes of honest residents. This is a marketing exercise – treat it like one This is ultimately a marketing exercise – you have to sell residents on the value and need of the development. Take another example – a retirement residence. With an aging population, we are obviously going to need more assisted living facilities in the years to come. But in this case, the developer, speaking to an audience full of grey hairs, didn’t even make the point that the new residence would give people a quality assisted-living option, without having to leave their community, when they were no longer able to live on their own. I also hear people who object to infill projects because they think their tax dollars have paid for infrastructure that a developer is now going to take advantage of – they think the developer is somehow getting a free ride. And yet, that developer must pay development charges to the city to proceed with construction. The new build will also pay its full utility costs and property taxes like the rest of the street. City hall gets more revenue for infrastructure that has already been paid for, and these additional development charges fund municipal projects throughout the city. Another point, often overlooked – when you take an underperforming property and redevelop it, its assessed value goes up, and its tax bill goes up. The local assessment base has just grown. City hall isn’t in the business of making a profit, just collecting enough property tax to cover the bills. The more properties there are in your neighbourhood, the further that tax burden is spread. In other words, that infill project will give everyone else a marginal reduction on their tax bill. It likely isn’t much, but still, it’s something. Developers must use the facts to defuse criticism Bottom line, development is necessary and good most of the time. If we didn’t have good regulated development, we would be living in horrid medieval conditions. Over the last century and a bit, ever growing regulation have given us safer communities, with more reliable utilities and key services such as policing and fire. Yes, there are examples of bad development, but if we had none, as some people seem to want, no one would have a decent place to live. It just astonishes me that developers and urban planners don’t make better use of the facts available to them to defuse criticism. It’s so easy to do it in the right way. Proper preparation for new development public information sessions is the proponent’s one opportunity to tell their story, and should not be wasted by failing to get the facts out and explaining why a project is a good idea. To discuss this or any other valuation topic in the context of your property, please contact me at jclark@regionalgroup.com. I am also interested in your feedback and suggestions for future articles. The post Why do public planning projects go off the rails? appeared first on Real Estate News Exchange (RENX). sent via Tapatalk -
Montréal now a member of the World Tourism Cities Federation
un sujet a posté hockey19 dans L'actualité
http://www.newswire.ca/news-releases/montreal-now-a-member-of-the-world-tourism-cities-federation-575257221.html MONTRÉAL, April 11, 2016 /CNW Telbec/ - Montréal is now officially a member of the World Tourism Cities Federation (WTCF). This non-profit organization is a select club made up of the world's leading tourism cities, such as Los Angeles, Paris, Berlin and Barcelona. Initiated in 2012 by Beijing, its primary objective is to promote exchanges between top international destinations and share tourism development experience. With its headquarters in China, the organization is committed to improving the attractiveness of tourism cities and promoting harmonious economic and social development in these centres. "We are delighted to see that Montréal has a seat at the table with the world's biggest tourism superpowers. This is an excellent opportunity to position our city among the very best urban destinations on the planet," said Denis Coderre, Mayor of Montréal. "Montréal will have the chance to draw inspiration from these reputed destinations to enhance its tourism potential. In addition to participating in discussions, we will seize the opportunity to forge closer ties with various Chinese institutions. China is an important market for Montréal, with very promising tourism and economic opportunities," added Yves Lalumière, President and CEO of Tourisme Montréal. With new direct flights to China and increased economic missions to the country, Montréal is now in an excellent position to attract more tourists from this rapidly developing country. Moreover, tourist traffic from China is expected to increase 15% annually for the next three years. About Tourisme Montréal Tourisme Montréal is responsible for providing leadership in the concerted efforts of hospitality and promotion in order to position the "Montréal" destination on leisure and business travel markets. It is also responsible for developing Montréal's tourism product in accordance with the ever-changing conditions of the market. -
https://austinonyourfeet.wordpress.com/2015/11/23/9-things-people-always-say-at-zoning-hearings-illustrated-by-cats/?utm_content=bufferc065f&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer AUSTIN ON YOUR FEET 9 THINGS PEOPLE ALWAYS SAY AT ZONING HEARINGS, ILLUSTRATED BY CATS November 23, 2015Dan Keshet If you watch enough zoning hearings, the testimony begins to sound pretty repetitive. That novel argument you’re making? The Council members have heard it a million times before. Here are 9 of the things we hear most often at zoning hearings, illustrated by cats. 1. I’M NOT OPPOSED TO ALL DEVELOPMENT. JUST THIS DEVELOPMENT. Those 1,000 times you sat on your couch to support developments far away from you surely counterbalance that one time you came out to oppose your neighbor’s development. If you’re opposed, just tell us why; don’t go on about how you’re not a person that opposes things. 2. NOBODY TALKED TO ME! The city notifies neighbors and registered civic organizations about upcoming permits. Developers seek out people they think might be affected. But it’s hard to know who is going to care and notifications are often thrown out. Don’t feel left out! If you’re at the hearing, you’re being heard. Just say what’s on your mind. 3. REALITY IS, EVERYBODY DRIVES A CAR. Usually said while proposing somebody build more parking. If you want that reality to ever change, you have to accept building less car infrastructure. 4. THESE GREEDY DEVELOPERS ONLY THINK ABOUT PROFITS Land development is a business. Like all businesses, sometimes you make money and sometimes you lose money. You just try to make sure that you make enough money on the winners to cancel out the losers. Focusing in on the fact that the developer is hoping to make money makes your testimony sound more like you oppose out of spite than a particular reason. 5. LET ME TELL YOU MY THEORY OF ECONOMICS If council members haven’t learned economics by now, they’re not going to learn it from your three minute testimony. 6.WHAT THIS NEIGHBORHOOD REALLY NEEDS IS A COFFEE SHOP, NOT MORE APARTMENTS For all the mean things people sometimes say about developers, a lot of folks seem to fashion themselves amateur land developers, with a keen eye on exactly what types of businesses will succeed or fail. As it turns out, those things coincide perfectly with the things they personally enjoy. 7. I’M 5TH GENERATION! MY GREAT GREAT GRANDFATHER MOVED HERE BEFORE THIS WAS EVEN ON THE MAP! That entitles you to one vote, just like everybody else. Now tell us what you came up here to say. 8. WE NEED TO RESPECT THE HUNDREDS OF HOURS SPENT CRAFTING THIS NEIGHBORHOOD PLAN Respecting people for volunteering time making plans doesn’t mean those plans should never change. Now tell us your reasons for or against this particular change. 9. THIS HOUSING IS TOO SMALL FOR ME! Different people have different needs and desires! Just because you don’t like a particular thing doesn’t mean nobody would like it. sent via Tapatalk
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Selon le Panamericanworld.com
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New waterpark planned near Montreal Montreal will soon have a new attraction to talk about, as developers prepare to break ground on a new waterpark and leisure facility in the municipality of Sainte-Adèle. Planned to open in September 2016, the La Rolland project will take up 84ha of land. It will offer 60,000sq.m of accommodations for short stays and 24,000sq.m of facilities dedicated to leisure and sports activities as well as catering and an indoor tropical waterpark. La Rolland is currently in development by Jamco Ventures and its international team. M2Leisure is the overall project consultant for the development and operations of this new family oriented resort destination. M2Leisure's program for La Rolland includes 800 lodging units, providing an offering for short breaks and holidays. The facilities consist of a three-pavilion village centre featuring an iconic indoor waterpark set at 29 degrees Celsius 365 days a year; a sports and leisure centre; shopping; restaurants and more. The project is in line with the latest leisure market trends, according to M2Leisure, showing a growing preference for family oriented and proximity-based resort destinations, accessible near major urban centres. The opening of the resort is planned for September 2016. http://www.interpark.co.uk/news/New-waterpark-planned-near-Montreal/3749-19-&cb=0
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Wall Street Journal : Canadian Investor Bets on a Montreal Revival
un sujet a posté ScarletCoral dans L'actualité
Canadian Investor Bets on a Montreal Revival Cadillac Fairview Wants to Expand City's Business Center to the South By DAVID GEORGE-COSH Nov. 5, 2013 6:11 p.m. ET For more than two decades, Montreal was one of the sleepiest office markets in Canada, seeing no new private development as cities such as Toronto and energy-rich Calgary added millions of square feet of new space. Now, as Canadian investors step up real-estate investment throughout the world, a company owned by one of Canada's largest pension funds is looking to shake things up. Cadillac Fairview Corp., a unit of Ontario Teachers' Pension Plan, wants to expand the city's business center to the south with a planned 1.9 billion Canadian dollars ($1.82 billion) development next to the Bell Centre, where the National Hockey League's Montreal Canadiens play. The company earlier this year broke ground on the first building on the 9.2 acre site, named the Deloitte Tower after the professional-services firm that it lured from Montreal's traditional downtown. Owners of office buildings in Montreal's core dismiss the competitive threat, citing the lack of retail and transportation in the Deloitte Tower area. "I don't think that people who went to that location will be happy," says Bill Tresham, president of global investments at Ivanhoé Cambridge Inc., which owns the Place Ville Marie office complex that Deloitte is vacating. But Cadillac Fairview executives say businesses will be attracted to the tower's modern workspaces, energy efficiency and the civic square and skating rink in the complex modeled on New York's Rockefeller Center. "That's where we feel the growth is," says Sal Iacono, Cadillac's senior vice president for development in Eastern Canada. Developers in other cities have had mixed results when they have tried to build new business districts to compete with traditional downtowns. London's Canary Wharf development was forced to seek bankruptcy protection in its early years, although it eventually turned into a success. The Fan Pier project in Boston finally has gained traction after years of delay. The Cadillac Fairview development is partly a sign that Montreal has absorbed a glut of space that has hung over its office market for years. Its third-quarter vacancy rate for top-quality space downtown was 5.4%, compared with 9.4% in the third quarter of 2010, according to Cushman & Wakefield Inc. But the project also is a sign of the increasing appetite that Canadian investors have for real-estate risk as the world slowly recovers from the downturn. Canadian investors are on track to purchase at least US$15.6 billion of commercial real estate world-wide in 2013, up from US$14.5 billion in 2012, and a postcrash record, according to Real Capital Analytics Much of the interest is coming from Canadian pension funds, which have more of an appetite for risk than U.S. and European institutions because Canadian property wasn't hurt as badly by the downturn, experts say. The Canada Pension Plan Investment Board, the country's largest pension fund, allocated 11.1% of its assets to real estate, for a total of C$20.9 billion, in the first quarter of fiscal 2014. That is up from 10.7% in the first quarter of fiscal 2013, for a total of C$17.7 billion. Ontario Teachers' Pension Plan has been aggressive in several other sectors as it tries to shore up its funding deficit amid stubbornly low interest rates. The fund last month acquired Busy Bees Nursery Group, the largest child-care provider in the United Kingdom, for an undisclosed sum, while contributing US$500 million to Hudson's Bay Co.'s purchase of Saks Fifth Avenue for US$2.9 billion in July. Over the past year, Teachers' also has made investments in Australian telecom companies, oil assets in Saskatchewan and a supplier of outdoor sports-storage systems. Cadillac Fairview's real-estate portfolio increased to C$16.9 billion at the end of 2012, the last period for which data is available, up from C$15 billion in 2011. Montreal has a population of 1.65 million and its business sector, which relies heavily on aerospace, information technology, pharmaceuticals and tourism, remained relatively healthy during the downturn. The last commercial office buildings in its modern office district were completed by private developers in 1992. Nearly 20% of the city's office inventory was built before 1960, more than in other large Canadian cities, according to Cushman & Wakefield. Other pension funds also are making new investments in Montreal's office market, though they are focusing on core properties. Ivanhoé Cambridge, an arm of Quebec-based pension fund Caisse de dépot et placement du Québec, spent more than C$400 million in August to acquire full control of the Place Ville Marie office complex, and is planning a C$100 million upgrade. Cadillac Fairview began assembling land for its project in 2009 when it acquired Windsor Station, a historic hub that dates to the 19th century. The area is southwest of Old Montreal, the historic section of the city near the St. Lawrence River. But the area has been unappealing to most office-building developers because it lacks many stores, restaurants or other amenities. "No one was interested in developing," Mr. Iacono says. The company has been planning a development including retail, office and residential space since then, but many were skeptical that businesses could be convinced to move outside of the city's traditional business center. That skepticism was damped when Deloitte announced plans to move. Then this year, the Alcan unit of mining giant Rio Tinto said it would move its headquarters to the top eight floors of the 500,000 square-foot tower, increasing its occupancy to 70%. Cadillac Fairview also has started building a 555-unit condo on the site. Eventually, the entire complex will include an additional 4 million square feet of office, retail and residential space as well as public areas. Deloitte executives say the new building—slated to open in 2015—was appealing because of its energy efficiency and green features such as stalls for charging electric cars. "This building is a catalyst for a whole energy for that part of the city," says Sheila Botting, national leader of real estate for Deloitte in Canada. -
Article by FDI intelligence (financial times) Rankings: 1. New York City 2. Sao Paulo 3 Toronto 4.MONTREAL 5. Vancouver 6. Houston 7. Atlanta 8. San Francisco 9. Chicago 10. Miami "Canadian cities Toronto, Montreal and Vancouver ranked third, fourth and fifth, respectively, and performed particularly well in the attraction of knowledge-intensive FDI. All three locations were among the top 20 key destination and source cities for FDI. With the exception of New York, Montreal-based companies invested in more FDI projects than other city in the Americas region" "Business friendly Canada Placed in third, Montreal’s success lies in retaining and developing relationships with existing investments – data from fDi Markets shows that one in five FDI projects since 2003 were expansions. Montreal tops strategy list The prize for Best Major American City for FDI Strategy 2013/14 is awarded to Montreal. It beat 126 competitors across North and South America who submitted information regarding their FDI strategies. In its American Cities of the Future submission, economic development agency Montréal International stated that its economic development strategy has centred predominantly around high-tech clusters, and in particular aerospace, life sciences and health technologies, as well as information and communications technology (ICT). Elie Farah, vice-president of Investment Greater Montréal, says: “The year 2011 was one of the best for Montréal International in terms of attracting FDI since 2005. This is partially explained by the investments from Europe which, in the past two years, have become the main source of FDI in the region.” http://www.fdiintelligence.com/Locations/Americas/American-Cities-of-the-Future-2013-14
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Urban shift is reshaping Montreal Montreal will be a much greyer city 20 years from now, and the aging of our populace will influence everything from home design to urban architecture to public transportation. It will also be a more multi-coloured city, measured in terms of skin tone, and multi-linguistic, too, as new legions of immigrants flow in, altering its face, flavour and sound. It will be more condensed, with condominiums overtaking expensive single-family homes as the lodging of choice for first-time homebuyers. And it will be a poorer city mired in a heavily indebted province, forcing it to focus on necessities like rebuilding roads and paring down bureaucracies and services rather than investing in grand designs like megaprojects or metro extensions. Economic imperatives will force Montreal to focus on what it’s good at to survive — namely, being itself. The city will endure by hosting festivals and conferences, promoting its flourishing arts scene, throwing successful, peaceful street parties for hundreds of thousands at a time and inviting the world to come. It will market itself as a vibrant, fun, creative place to live, and a coveted vacation destination for legions of retired baby boomers with time on their hands and savings to burn. This in turn will lead the city to become more accommodating to pedestrians and cyclists, with stretches of thoroughfares like Crescent and Ste. Catherine Sts. becoming pedestrian-only enclaves. This is the Montreal 2033 vision of McGill University architecture professor and housing expert Avi Friedman. Author of 12 books on housing and sustainable development, he is called on by cities throughout the world to consult on urban development and wealth generation. He sees in Montreal’s future a metropolis that will be poorer, still paying for past transgressions of inept infrastructure design and inadequate maintenance. But at the same time, it will be buoyed by its four major universities and its cachet as one of the cool hangouts in the vast North American neighbourhood, a magnet for tourist dollars, immigrants and creative minds. “Montreal is a brand. We’re not talking about Hamilton or Markham or Windsor. Montreal is a brand. But we need to learn how to use our brand better,” he said. Statistics Canada released figures in the fall that indicated Montreal was becoming a city of singles. Nearly 41 per cent of its residents who reside in a private dwelling live on their own, as compared to 30 per cent in most large Canadian cities. Our aging population, large number of university students, exodus of families to the suburbs, low immigration numbers and high percentage of apartments are largely the cause. The numbers spurred Friedman to ponder where the city he’s lived in for more than three decades will be in 2033. Major urban shifts, he notes, generally take about 20 years to evolve. “I wasn’t looking for pie-in-the-sky ideas, not Jetsons-type futuristic predictions, just reasonable assumptions based on trends we are already seeing today.” The greatest influence will come from the aging of the huge demographic wave that is the baby boomer generation, which will be between 70 and 87 years old in 20 years. Most will no longer be working, or paying as much in taxes. “Montreal, like other eastern cities, is going to be a poorer city than it is today, which is likely to force greater efficiency of all operations and institutions,” Friedman said. “We will have to learn to do more with less.” As families shrink (the average family size has gone from 3.5 individuals in 1970 to 2.5 in 2006), and house prices rise, demand for smaller living units will increase. The era of the single-family house as a starter home within the city limits will be a thing of the past for most, as it has been in many European cities for a long time, Friedman said. First-time buyers, many of them young families, will move into the many condominium projects sprouting downtown. Older boomers will shift from their suburban homes to condominiums. The ratio of family homes to condominiums, now at a roughly 60-40 split, will probably reverse during the next two decades, he predicted. Already densely populated neighbourhoods like Notre Dame de Grâce will see residents and developers building upward, putting additional floors on houses or commercial buildings to add residential space. (In congested Vancouver, developers have already started stacking condominium complexes on top of big-box stores like Walmart and Home Depot.) Homeowners will transform their basements into separate apartments, and the division of single-family homes into separate units to take in two or more families will proliferate. Houses will be transformed as more people opt to work out of home offices, or as retirees alter their living spaces to pursue their hobbies or their work. And seniors will make room for live-in nannies and nurses to help care for them. There will also be more grab-bars, ramps and in-house escalators. Technological advances will allow many routine hospital procedures to be done at home via computer. Patients will be able to check their blood pressure and other health indicators at home and send the information to their caregivers over the Internet, all the while chatting with nurses or doctors face-to-face via Skype. “Aging in place will be on the upswing,” Friedman said. “There will be less and less reason for hospital visits.” The new superhospitals going up downtown and in N.D.G. will also spur residential development as thousands of hospital workers seek housing nearby. Condominiums have started sprouting already near the hospitals, and close to the métro stations and train stations that serve them. Private medical clinics, for locals and foreigners alike, will be built around and even in hospitals, as the cash-strapped government off-loads more services to the private sector for wealthier clients not willing, for example, to wait three years for a hip replacement. The condominium boom, well underway in Montreal and reaching the saturation point, will continue, although at a slower pace. Montreal is on the verge of a condo crash, Friedman predicted, part of the normal ebb and flow of residential construction that regenerates every five years. “You will hear about bankruptcies, about people going under, all sorts of bad stories. This is common. Then there will be a burst of energy and another wave.” Condominium developers will start incorporating more family-friendly features like larger units, terrace gardens and parks on their properties. Condo towers with shops and restaurants on the ground floor will become more common, as will the SOHO concept (Self-Office, Home Office) common in China, where residences are located on upper floors and small offices on lower floors, and people commute by elevator. Many boomers, liberated from their children and their jobs, will give up their suburban homes to live closer to services and entertainment and downtown. Their influx will spur elderly-friendly changes seen in other cities, such as automatic doors at unwieldy metro entrances. Métro stations will become poles of residential development, followed closely by commercial properties to serve the influx of people. Suburbs like the West Island will see more low-level condominiums of four to six storeys, and available land between municipalities will be slowly colonized, making for one continuous metropolis. The densification, with housing projects like those in Griffintown bringing tens of thousands of residents into the downtown core, will result in an even more active and vibrant city, with offshoots of more shops, restaurants, services and life downtown. Neighbourhoods like St-Henri, Rosemont and Park Extension, relatively close to downtown and well-served by public transit, will be the next regions to see a slow gentrification, Friedman predicted. In a sense, we will mirror Toronto’s growth, but on a smaller scale and with a Montreal twist. “In 20 years, downtown Montreal will be populated by many more people who will bring their flavour, their lifestyle and their unique Montreal brand, with things like after-hours clubs, which is not Toronto,” Friedman said. “This is a fun city, with restaurants and pubs and clubs. I believe it will be a fun place.” Friedman sees Montreal’s four major universities and an increase in immigration quotas to make up for low birthrates as other major drivers of change, with immigrants coming from burgeoning regions like Asia and Latin America and settling in the north and east of the city. Already, roughly 10 per cent of the students in Friedman’s bachelor’s-level architecture classes are from mainland China. Montreal needs to do more to attract the droves of computer engineers from places like China, India and Pakistan who currently see California as their first choice. And tourism, with the many jobs it brings, will be Montreal’s bread and butter. At this phase in its history, Friedman sees Montreal as a city bogged down by the sins of its past, fixated on corruption and mismanagement and with no sense of a grand vision coming from city hall. Things will get more difficult from an economic standpoint, and “poorer cities do nothing. If you have wealth, you can change things,” he said, pointing to bike and public-transit friendly European cities like Copenhagen, Helsinki, Amsterdam and Berlin as examples. There is hope for Montreal’s future, Friedman said. It is articulated in the plethora of condominium towers and cranes on its skyline, in Montreal’s reputation for its joie-de-vivre attitude, open-mindedness and its artistic energy, a magnet for the young, adventurous and creative. But the hope is tempered with this caveat: the successful cities that Friedman has observed, are those whose citizens are willing to enforce change, as opposed to hoping city councillors will do it for them. “Do-it-yourself cities are the successful cities. We have to ask ourselves ‘Are we a forwards city, or a backwards one?’ ” Developments already underway provide an indication of the answer. “The densification of the core we’re seeing here will bring life,” he said, gazing up at the condominium towers growing like mighty redwoods of metal and glass in Griffintown. “This city will be a hopping place.” Read more: http://www.montrealgazette.com/Urban+shift+reshaping+Montreal/8071854/story.html#ixzz2NF8glXu5
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Series of articles in today's Gazette
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Read more: http://www.westislandgazette.com/news/32005 Got to love election time Aren't these the same people that said we would get trains in the West Island?
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This lot is for now sale. The proposal is being used just to show the potential of the lot, but I thought it was worth posting anyways. Even more development soon be scheduled around the Bell Center. http://www.mtlurb.com/pictures/main.php?g2_view=core.DownloadItem&g2_itemId=11946 http://www.mtlurb.com/pictures/main.php?g2_view=core.DownloadItem&g2_itemId=11948
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ouest-de-lîle 505 Clement Ave - 3 étages
un sujet a posté Glen Carter dans Projets oubliés et/ou en suspens
Condo development proposed for site of former Kentucky Fried Chicken outlet Cheryl Cornacchia The Gazette Monday, September 19, 2011 A public consultation will be held Monday night in Dorval on a zoning change that would pave the way for the construction of a three-storey, 30-unit condominium development across the street from the Pine Beach AMT commuter train station. The zoning change would couple two vacant lots into one property measuring close to 16,000 square metres. One of the properties is the empty lot on the corner of Cardinal Ave. and Pine Beach Blvd. where a Kentucky Fried Chicken outlet stood until it was demolished about five years ag. The other lot is 505 Clement Ave., a private home until it was torn down two years ago. The middle-density housing development is just one of many going up in the West Island along the transportation corridor. "It’s one of the trends," said Mario St. Jean, Dorval’s director of urban planning. Building along the train line "makes sense. You wake up, take your breakfast and, after a quick walk, you are at the train station." St. Jean said a private developer has already submitted plans to Dorval for the project. A similar although larger middle density project is Dorval Espace MV, St. Jean said. Located on Bouchard Blvd., it includes condos, townhouses on property formerly owned by Novartis Canada, the pharmaceutical company. That project is well on its way to completion. The public consultation is scheduled for 7:50 p.m. in the municipal council chamber at Dorval city hall, 60 Martin Ave. http://westislandgazette.com/news/25286 -
http://www.montrealgazette.com/business/sale+city+buildings+prime+spots/5275338/story.html By Allison Lampert, The Gazette August 18, 2011 10:08 PM The former H.L. Blachford Ltd. manufacturing building at 977 Lucien L'Allier St. was purchased for $6.8 million in 2000 MONTREAL - The real-estate arm of the city of Montreal is poised to sell two buildings in prime downtown locations that have been sitting half-empty for years, The Gazette has learned. The two buildings, located near the Bell Centre, are among hundreds of thousands of square feet of downtown Montreal real estate that has recently changed hands – or is to be sold off – for new office and residential projects, at a time when land prices have reached all-time highs. The buildings, which are to be put up for tenders this year by the Société d’habitation et de développement de Montréal, are located on sites originally destined for the third phase of Quebec’s ill-fated E-Commerce Place. Quebec’s Department of Finance mandated the SHDM to manage the buildings it bought for close to $7.9 million in 2000. “We want to put them for sale by the end of the year,” said Carl Bond, director of real estate management for the SHDM, a paramunicipal organization that owns and manages affordable housing units, along with several commercial buildings. “Those buildings will be sold, but we need an authorization from the (Department) of Finance.” Located at 977 Lucien l’Allier, and 1000-1006 de la Montagne St., south of René Lévesque Blvd., the buildings were initially slated to be demolished to make way for gleaming office towers. They were to be the last part of the 3-million-square foot Parti Québécois-supported project that was later scrapped by the Liberal government in 2003. The 24,000-square-foot site north of the Lucien l’Allier métro station was purchased from manufacturer H.L. Blachford Ltd. for $6.8 million in 2000 – far above the building’s 2011 municipal evaluation of $4.5 million. The disparity between the sales price and the current evaluation, an SHDM spokesperson explained, is because the land was to be used for a lucrative office tower, worth far more than a four-storey manufacturing plant. The two buildings have taken a long time to come to market. That’s because Blachford had a lease at the building until this spring when it ceased operations, Bond said. A travel agency is still operating at the building on de la Montagne, part of which is in a decrepit state. What’s more, the SHDM is now embroiled in legal talks with Blachford over the cost of cleaning up the building, which is contaminated. “Right now the lawyers are talking and we’re hoping to settle this out of court,” Bond said. But some commercial brokers say the SHDM lucked out in waiting. The buildings, they said, would be ideal for residential development at a time when new condos are being constructed in record numbers and downtown land is selling at a premium. “In terms of timing, it’s better to go to the market today,” said Louis Burgos, senior managing director, Cushman & Wakefield, Montreal. Today, land in the downtown area is being sold for $250 to $350 per square foot, brokers say, depending on the level of building density, or how much can be developed overall on the site. The SHDM’s two buildings won’t be coming to market alone. Another three sites have either traded hands, or are to come to market this year for the purpose of development. In late July, a site of Overdale Ave., an estimated 140,000-square-foot plot on the south side of René Lévesque Blvd, beside Bishop St., was sold by a company based out of a Sherbrooke St. West art gallery run by director Robert Landau for $28 million, provincial records show. The buyer is a numbered company owned by investor Kheng Li, who is a partner of E. Khoury Construction Inc. A worker at Khoury who didn’t want to be identified, said the site could be used for either residential or office development. And in April, Cadillac Fairview Corp. Ltd. announced a $400 million investment for an office and three condo towers to be built near the Bell Centre, on Saint Antoine and de la Montagne Sts. Yet a fifth land site near the Bell Centre is to be put on the market next week, The Gazette has learned. The price these sites will fetch will depend on a combination of zoning and market demand. The red-tape Montreal developers have historically faced in obtaining zoning changes to built higher — and more economically viable buildings — may be easier to deal with if the seller is a city agency, brokers say. alampert@montrealgazette.com http://www.twitter.com/RealDealMtl Read more: http://www.montrealgazette.com/business/sale+city+buildings+prime+spots/5275338/story.html#ixzz1VRFi0FYh
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Read more: http://www.montrealgazette.com/technology/million+supercomputer+just+cool/4947908/story.html#ixzz1PNeR8W5L
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By Brian Ker, Special to The Gazette The Gazette's panel of experts answer your questions on real estate. To ask a question, please email alampert@montrealgazette.com. There has been a lot of discussion recently regarding the bonanza of construction taking place in Montreal and certainly on these pages an inquisitive analysis of the quantity of condominium construction. We also hear about “the hot land market” and there are lots of questions as to its sustainability. I recently attended the Land and Development Conference in Toronto to determine the optimism in North America’s largest condominium market and compare that with what we have been witnessing here in Montreal as land values have rapidly increased over the past five years. In a hot market, land is not an asset but is priced more like a commodity: a raw material that is just one part of a final constructed product, including concrete, steel and labour. In a weak market, land values are more likely tied to its short-term income-producing potential, such as parking revenues less off-setting taxes. The rapidly diminishing land supply and a cultural shift toward urban living have lead to changes in the commercial land market. First, commercial land sales are principally divided between high- and low-density sites. High-density sites intended for office, hotel, mixed-use and multi-unit residential projects, while low-density sites incorporate retail, industrial and single-family home developments. The value of land is based on the total amount of density permitted on its property – a site permitting an office tower is considerably greater than a walkup row-house or an industrial facility – and the total volume of potential sales in a given year, which allow for larger projects. Restrictive zoning can adversely affect the site’s value, as can social-housing inclusions and lengthy, complicated and sometimes “out-of-control” zoning application processes that jeopardize a project’s economic vitality. On Montreal Island, the prevailing trend is that high-density sites are taking a larger market share of total land transaction sales volumes because of the increasing prominence of sales of larger development sites permitting significantly greater density, and higher pricing for each unit of density, also referred to as the price per square foot Buildable. Over the past five years, the value for each unit of density has doubled to an average price of approximately $30 per square foot buildable. This is primarily based upon the rapid increase (up to 50%) in values for condominiums during the same time period, and as such, sales of sites for residential projects have outpaced all other sectors. Developers will be happy to note that Montreal was the third-largest condominium market in North America in 2010, albeit in an aberration year for the U.S. housing market, and only trailing Toronto and Houston in overall condo starts. This buoyancy has been growing for some time as major developers have acquired land holdings to fuel future projects. Since October of 2008, there have been a 11 high-density development land transactions in the greater Montreal area that have traded above $5 million, with a total value of $148 million in high-density land sales. Major sales included the land for the Project Griffintown project, Angus Development in the Quartier des Spectacles, the Marianopolis site, the site for the Altoria project and most recently Prevel and Conceptions Rachel-Juilien acquiring the rights from Canada Lands to develop Les Bassins du Nouveau Havre for $20 million. These major land transactions were purchased by well-known, well-respected and well-capitalized condo developers, with the exception of the Angus Assembly and Altoria, both of which will feature a mix of office and condominium use. Mixed-use projects are becoming the new normal, as developers put forth projects that feature greater overall site density to decrease the effects of higher land prices or kick start existing larger projects with an exclusively residential component. For land values to continue their ascent, Montreal developers and buyers need to develop an attitude shift with regard to larger projects. The traditional condo developer logic is that it is nearly impossible to sell more than 150 units for a project in one sales year. The rationale for this is, typically, that Montrealers will not pay a deposit for a condo unit until substantial pre-sales have been achieved or it is under construction, as they are not willing to wait two to three years for delivery. Recent project launches, though, are challenging this traditional thinking, with buyers (or their agents) waiting in line overnight and first-day sell-outs occurring with regularity, or buyers are asked to place a “deposit” to reserve a unit without seeing final plans. Buyers can no longer sit back and cherry-pick the best unit, as it will probably be reserved before they arrive on the scene. In addition, unless condominiums continue to experience strong price increases, Montreal condo developers will be facing increasing pressure for prime sites from alternative uses, such as office towers, hotels, or institutional (Healthcare, Educational, Student Residence) projects, where demand is steadily growing. Finally, our municipal government needs to develop a more flexible zoning application process with regard to major urban projects and the need for public consultations. Politicians should rely on the counsel of independent experts, but are elected to make decisions, and voters should judge them on these decisions, good or bad, at the ballot-box. Montreal home and condo owners have benefited from the rapidly rising values of their residential real estate over the past five years. Although rising interest rates are on the horizon and will clearly dampen demand for condos for home ownership and as an investment vehicle, demand is increasing for alternate site uses. Land values have also seen a rapid ascent, particularly for high density sites, and the economic fundamentals support continued growth and greater liquidity in this particular market. Brian Ker is associate vice-president, National Investment Team, at CB Richard Ellis Limited. He can be reached at 514 905-2141 or by email at brian.ker@cbre.com. Read more: http://www.montrealgazette.com/sustainable+Montreal+construction+bonanza/4889700/story.html#ixzz1OFFSPeAz
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Dessau Chaboillez Square Client City of Montreal, Montreal, Canada Scope of Work Optimization study of the Chaboillez Square site for a 2.4 million sq. ft. real estate development. This 194,000 sq. ft. site was chosen for the construction of 2.4 million sq. ft. of office space, distributed mainly in three towers (25+ floors each) built on a 10-floor podicum. The personnel at Plania, Dessau's urban planning and landscape architecture subsidiary, created several different development scenarios. This allowed the team to select the option that best balanced development costs, profitability and urban integration issues, while minimizing impacts on local traffic. Challenges * Reconcile urban, economic and functional requirements. © Dessau Copyright 2010 All Rights Reserved
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Board of Trade presents its fifth Strategic Forum on major projects in Montréal
un sujet a posté GDS dans L'actualité
MONTREAL, March 29 /CNW Telbec/ - Mr. Michel Leblanc, President and CEO of the Board of Trade of Metropolitan Montreal, is pleased to invite media representatives to the Strategic Forum of the Board of Trade, which will focus on major projects in Montréal, on Wednesday, March 30, 2011, at 7:30 a.m. With the Mayor of Montréal, Gérald Tremblay, to be on hand, along with a number of experts and nearly 500 participants, this unique event will enable to learn more about how various key and shaping Montréal projects are advancing. The major development projects will be on-hand: The Montréal of tomorrow, an overview of the city's major projects Emilio Imbriglio, Partner, Raymond Chabot Grant Thornton TOWARDS MAJOR PRIVATE PROJECTS The impact of condo development on the Montréal landscape Jacques Vincent, Co-President, Prével Urban renewal, from Angus to Quadrilatere Saint-Laurent: The need for a territorial approach Christian Yaccarini, President and CEO, Angus Development Corporation The Windsor sector: Major developments for the Bell Centre and its surrounding area Salvatore Iacono, Senior Vice President, Development, Eastern Canada, Cadillac Fairview Corporation Ltd. LARGE-SCALE HEALTH INFRASTRUCTURES Sainte-Justine UHC - Grandir en santé: Innovation in personalized medicine for mothers and children Dr. Fabrice Brunet, Executive Director, Sainte-Justine University Hospital Center MUHC Normand Rinfret, Associate Executive Director and COO McGill University Health Centre The Jewish General Hospital Dr. Hartley Stern, Executive Director, Jewish General Hospital and Philippe Castiel, Director of Planning and Real Estate Development, Jewish General Hospital CHUM Christian Paire, Executive Director, Centre hospitalier de l'Université de Montréal MAJOR INSTITUTIONAL PROJECTS A space for life Charles-Mathieu Brunelle, Executive Director, Montréal's Nature Museums The UdeM's Outremont Campus Guy Breton, Rector, Université de Montréal The Innovation District: Progress report and guidelines for its implementation Yves Beauchamp, Director General, École de technologie supérieure and Heather Munroe-Blum, Principal and Vice-Chancellor, McGill University The redevelopment of the CBC/Radio-Canada site Maryse Bertrand, Vice-President, Real Estate, Legal Services, and General Counsel CBC/Société Radio-Canada The Quartier des spectacles Jean-Robert Choquet, Director, Department of Culture and Heritage, Ville de Montréal and Stéphane Ricci, Coordinator, Quartier des spectacles project, Ville de Montréal The Silo No. 5 and the Bassins du Nouveau Havre: Major revitalization projects for Montréal Cameron Charlebois, Vice-President, Real Estate, Quebec, Canada Lands Company Date: Wednesday, March 30, 2011 Time: From 7:30 a.m. to 12:30 p.m. Where: Palais des congrès de Montréal 1001 place Jean-Paul Riopelle Room 710 The Board of Trade of Metropolitan Montreal has some 7,000 members. Its primary mission is to represent the interests of the business community of Greater Montréal and to provide individuals, merchants, and businesses of all sizes with a variety of specialized services to help them achieve their full potential in terms of innovation, productivity and competitiveness. The Board of Trade is Quebec's leading private economic development organization. Contacts RSVP with Sylvie Paquette Advisor Media Relations by phone at 514 871-4000 ext. 4015 or by email at sylvie.paquette@ccmm.qc.ca. -
Fayolle to open HQ in Montreal The French privately owned Fayolle engineering, construction and environmental group said Tuesday it is setting up its North American headquarters in Montreal, where it has operated a Canadian unit since 2006. "Through our new Montreal HQ we intend to become a major player in the architectural engineering field in Quebec and across Canada," said Hugues Fastrel, executive vice-president of Fayolle Canada. "Later, we will penetrate the North American market as a whole to continue our global expansion." Fayolle Canada has 400 employees, half in Quebec, and annual revenue of $500 million. The 80-year-old parent company is owned by the Fayolle family of France. It plans to hire 50 more workers in Montreal over the next three years. "Fayolle's decision to choose Montreal as a springboard for its North American and global development attests to the city's diverse industrial base, qualified workforce and competitive cost structure," said Jacques St-Laurent, CEO of Montreal International. the private-public partnership that works to develop Metropolitan Montreal's international status. http://www.montrealgazette.com/business/Fayolle+open+Montreal/4403605/story.html
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Quartier Shaughnessy / Quartier des grands jardins
un sujet a posté jesseps dans Projets oubliés et/ou en suspens
(Courtesy of The Montreal Gazette) -
Villa Marisa Barth - 8, 12, 16 étages
un sujet a posté monctezuma dans Projets oubliés et/ou en suspens
Je doute que le projet ne voit le jour bientôt. Dans la Presse d'hier, on annonçait un grand ralentissement dans le marché des résidences pour personnes âgées avec la faillite même du groupe Melior. Villa Marisa Barth Senior’s Complex Lasalle TYPE: New Development CLIENT: Confidential AREA: (3 Phases) 30,552 m2 (415,000 sq. ft.) CONSTRUCTION COST: CAD$ 50,000,000 COMPLETION DATE: N/A LOCATION: Montreal, Quebec http://www.barin.ca -
2010-06-22 WORLDHOTELS Adds 26 New Affiliate Hotels to Its Global Portfolio Since Jan. 1, 2010 For WORLDHOTELS-The Americas development team, new projects are in various stages of completion for new affiliate hotels in New York (2); Brazil (5), Argentina (2) and Mexico (2). Future regional development plans include hotels and resorts located in Memphis, Washington, D.C., Boston, San Francisco, Houston, Toronto and Montreal. Anybody knows anything about these folks? http: //www.worldhotels.com/hotels-and-resorts.html?&L=0 :)
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Voici ma vision pour une nouvelle intersection Côte des Neiges / Remembrance. Buts: 1. Remettre l'intersection au niveau du sol 2. Démolir l'échangeur vieillisant/quasi-inutile 3. Simplifier la circulation automobile / piéton 4. Embellir les environs 5. Créer une belle entrée pour le Mont Royal 6. Ajouter un petit potentiel de dévelopment résidientiel/mixte Carré mauve = dévelopement actuel ou en construction Carré bleu = nouveau dévelopement possible La bande brune au centre de l'intersection = de la brique PHOTOS: Situation existente plutôt pénible: [/img] Les plans:
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West Island green space sale raises concern The wooded area extends from Cap-Saint-Jacques nature park in Pierrefonds alongside the l'Anse-a-l'Orme Park to Angell Woods in Beaconsfield. (CBC)A call for tenders for green space on Montreal's West Island has caught both environmental activists and government officials by surprise. Quebec's industrial development corporation, the Société générale de financement, which owns the land, has published ads in local papers seeking bids for the 98 hectares of land. The ads announce opportunities for residential and industrial construction. The wooded area extends from Cap-Saint-Jacques nature park in Pierrefonds alongside the l'Anse-a-l'Orme Park to Angell Woods in Beaconsfield. David Fletcher of the Green Coalition said he's worried the land - home to beavers, a herd of deer and rare species of plants and trees - will be spoiled. "We already have enough development," said Fletcher. "We already have enough strip malls. We don't have enough areas conserved." Local environmental groups and officials at the city of Sainte-Anne-de-Bellevue said they had been told at one time the land would be turned into a conservation area. "When we saw the ad in the paper, we thought, obviously we've been lied to perhaps," said Sainte-Anne-de-Bellevue Coun. Ryan Young.David Fletcher of the Green Coalition says the land should be preserved.David Fletcher of the Green Coalition says the land should be preserved. (CBC) The city had been planning to change zoning bylaws on its portion of the land this fall, said Young. But some worry it could be too late. A spokesperson for Quebec Environment Minister Line Beauchamp confirmed the ministry had hoped to turn the land into a conservation area. He said she is not happy about the decision to sell it. "I think that speaks volumes," said Young. "I've been speaking to activists inside Sainte-Anne-de-Bellevue and there's a move afoot to demonstrate … public support [to save the land]. Read more: http://www.cbc.ca/canada/montreal/story/2010/06/16/mtl-west-island-woods.html#ixzz0r77Ccrlu
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Broccolini wins two tenders for LEED Gold office towers from the federal government Canada NewsWire MONTREAL, May 7 MONTREAL, May 7 /CNW Telbec/ - Broccolini, a recognized leader in the Canadian construction industry for over sixty years, has recently won two major tenders from the federal government to construct two LEED® Gold office towers, with work slated to begin in late summer. The firm has been awarded the contract to design, develop and build these towers totalling more than 900,000 rentable sq. ft. of Class A office space for the Department of Public Works and Government Services Canada (PWGSC) in Gatineau, Quebec. Having successfully developed TELUS House, a 9-storey, Class A, 160,000 sq. ft. LEED® Silver certified office building in Ottawa, and with Export Development Canada's (EDC) 575,000 sq. ft. headquarters under construction, the new mandates confirm Broccolini's significant position in development and construction in the National Capital area. The new buildings will provide space for federal government departments and organizations and will attain LEED® Gold certification. This represents the tenth time that Broccolini will have delivered a LEED® certified project to the marketplace. "We are very proud to have won the mandate for these groundbreaking projects," said Anthony Broccolini, Managing Director at Broccolini. "We believe it reflects our reputation for strong development and construction capabilities, as well as the quality of the work we've previously undertaken in the Ottawa market." The 12-storey, 484,000 sq. ft. office tower, located on Carrière Boulevard in Gatineau, features architecture promoting a healthy balance between efficient planning and the preservation and restoration of natural green space. It will enhance the site's attractions, taking advantage of the extensive mature tree coverage and superb view overlooking Lac Leamy. The building's timeless architecture and cutting-edge technology will be an eye-catching reflection of Broccolini's environmental commitment, as well as its ongoing concern for the quality of its developments. The second building, a 15-storey, 690,000 sq. ft office tower, will overlook Promenade du Portage Street in the heart of downtown Gatineau, adjacent to the PWGSC's existing premises. With architecture combining heritage features and high-tech efficiency, its design will allow the building to optimize the usage of space while restoring and improving a significant element of the city's urban fabric, at the same time incorporating PWGSC's existing facilities. The know-how, experience and passion for development and construction, cornerstones of the company's success, were no doubt major factors in the decision to award the mandate to the firm. With a pristine litigation record and an enviable reputation for integrity, quality of work and flexibility, Broccolini has demonstrated its ability to deliver similar signature properties to the market. "We have major experience in a wide range of projects from office buildings and manufacturing facilities to big box stores and industrial complexes," explained Mr. Broccolini. "Our team is enthusiastic and welcomes the challenges of delivering these exciting and demanding projects on time and on budget."
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I’m a big fan of the Grands Chantiers section of Montreal 2025. I’ve always been someone who believes the public sector should lay out the general framework and the ground rules for an area – the master plan – and that once that is complete it’s then the private sectors time to shine and help implement that plan through various firms' fields of expertise. That being said what happens when the majority of the various elements of Montreal’s “Quatre Grands Chantiers” are approved and are well into the development stage. What’s next? I have several suggestions I will be posting in the near future. Here is the first. I’d love it if others posted their own ideas as well. Grand Chantier: LES ABORDS DE L'AUTOROUTE 720 This is not so much a district as much as it’s the meeting point of several districts; an area with lots of development opportunities and potential for improvement: Such as: -Les Diamants -Le Mackay -1175 Mackay -1300 René-Lévesque Ouest -The development of the Overdale lot -1500 René-Lévesque Ouest -The Hotel Maritime redevelopment -The redevelopment of 1800 René-Lévesque Ouest -The redevelopment of the Franciscans property -The redevelopment of the Montreal Children’s facilities once it leaves for the Glen Yards -The redevelopment of the Dow Planetarium -La Cité du commerce électronique - Place III -The Cadillac Fairview - Gare Bonaventure project. -The creation of a new square in commemoration of Chaboillez Square near Griffintown -Covering the side of the 720 facing Saint-Antoine west of Lucien L’Allier with ivy or some other type of greenery to make the streetscape more appealing for area residents Just to name a few
