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http://blog.buzzbuzzhome.com/2013/02/montreal-condo-market-optimism.html While the age-old rivalry between Toronto and Montreal has pitted the cities’ hockey teams and arts scenes against each other, there’s another set of bragging rights up for grabs. Which metropolis has the better condo market? Toronto may have mind-boggling number of new units coming on the market, but Montreal is no slouch when it comes to construction crane sightings. We previously reported on the flurry on new builds in Quebec’s largest city and now there are new numbers to make the case for the Montreal boom. Despite concerns about the market overheating, Property Biz Canada pinpointed some optimistic stats coming out of the Quebec Apartment Investment Conference: About 7,726 condo units will be delivered by 2016 in the downtown area, which includes Old Montreal, Griffintown and the Lachine Canal. Of those units, 64 per cent (or 4,658 suites) have already been sold or reserved, leaving 2,568 units left to be sold in the next four years (or 642 a year). According to Debbie Lafave, senior vice president of Baker Real Estate, investors make up 50 per cent of buyers of downtown Montreal condos, compared to the higher percentages suggested for Toronto. Some developers suggested that rental apartment buildings likely aren’t being built since rents in Montreal are too low and construction and land costs are too high to justify their construction. And condos are the most affordable means of entry-point into the Montreal market for first-time buyers. With a condo boom in Canada’s two largest cities, we can’t help but wonder: which city will see the steadiest gains and sales in the future?
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MONTREAL - When James Essaris looks out over his flat concrete kingdom of 20 downtown parking lots that he started collecting in 1956, he sees a precious urban resource where others see ugliness. The much-maligned parking lot, long considered an urban eyesore and enemy of public transit, is becoming an increasingly rare feature on the downtown streetscape. Essaris, longtime owner of Stationnement Métropolitain, sees his barren concrete as more than just a chance for him to pocket some cash on the barrelhead: he believes in the good that parking lots do and considers the spaces to be the lungs of downtown commerce. “The City of Montreal should give free parking to come downtown. We’re chasing people out to the shopping centres,” he said. The new parking lot tax was adopted in 2010 and brings in $19 million a year to fund public transit. The tax is determined by a complicated formula that Essaris says in practice makes city taxes about twice as expensive on a surface lot as it would for another type of structure. The city held public hearings on the issue this spring and response to the surface parking eradication campaign — through the new parking tax and allowing larger-scale buildings on the empty lots — was greeted positively, according to City of Montreal Executive Committee member Alan DeSousa. “It brings more money into the city coffers and removes the scars in the downtown area,” he said. He said that some of lost parking spaces have been replaced by indoor parking in the various projects. But after seeing his taxes double in recent years, Essaris is now doing what many other parking-lot owners have done: He has started sacrificing his supply of parking spaces for housing, most recently building a 38-storey Icône condo tower at de la Montagne St. and René Lévesque Blvd. He has some misgivings, however, knowing that those spots will be sorely missed. “We cannot survive without parking in the city. I wish everybody could take the bus and métro, it’d make things easier, but you cannot force people onto the métro when they have a car,” he said. Urban retailers have long begged their merchants associations to create more places to park, perhaps no more than on the Main where about half of all members regularly plead for more parking, according to Bruno Ricciardi-Rigault, president of the SDBSL. “It would be really nice if we had a few more parking lots,” he said. However, the dearth of spaces is only going to intensify as the few remaining parking lots near St. Laurent Blvd. are slated to be redeveloped. Ricciardi-Rigault is bracing for more complaints from restauranteurs who have lost customers because their motorist clientele was fed up with circling the block. “Some people want to spend the whole afternoon, shop, go to Jeanne Mance Park, come back for a beer. Paying $20 to park on the street, that‘s asking a lot,” he said. Condo towers have been replacing lots in the downtown core at an impressive pace and the result is higher prices at indoor garages, reflected in a recent Colliers study that ranks Montreal as having the second-highest parking prices of any big Canadian city. Rates have risen an eye-opening 11 per cent since last year, as the average monthly price for an unreserved spot in a downtown underground commercial lot was $330.96 — $88 above the national average. The proliferation of private parking lots once inspired many to liken Montreal to a bombed-out city, but that is no longer the case. “We were spoiled by having tons of parking lots, now Montrealers will have to get used to much higher parking costs,” said Colliers representative Andrew Maravita. He credits a lower commercial vacancy rate for pushing prices higher. Up until the 1960s, Montreal tacitly allowed even historic buildings to be demolished and replaced by parking lots and until recently turned a blind eye to the countless rogue illegal lots that dotted the downtown core. For ages, Montreal surface parking lots were fly-by-night operations, changing ownership to avoid bylaw restrictions ordering them to be paved, landscaped. The city always said they couldn’t chase every owner down. But in recent years, authorities have increased taxes and cracked down on illegal lots, combining the stick of punishment with the carrot of juicy rezoning booty. In the past, many property owners failed to see the point of building on their parking lots, as the zoning frequently only allowed for small buildings. Those restrictions have been lifted on many of those properties, resulting in a bonanza for parking-lot owners whose land increased in value. The strategy was put into place with input from architect and former Equality Party leader Robert Libman, who previously served on the city’s Executive Committee. “A lot of projects going on now, on streets like Crescent and Bishop and that area, were previously zoned for two or three storeys. The urban plan capped those at a minimal height. The rezoning has made it more alluring for owners to build instead of leaving it vacant,” he says. Libman’s war against above-ground parking lots is personal. “They’re ugly and they undermine the downtown urban fabric,” Libman said. But he concedes that commerce relies on people being able to drive to a business. “You’ve got to find that careful balance between offering too much parking, making it too easy vs. your objective of discouraging people to take their car downtown and using public transit, that’s the fine line you have to find between the two,” he said. Developers are required to include parking in new projects, but the amount varies from place to place. In Laval, many projects are required to have two parking spaces per condo unit, while in the Plateau it’s close to zero spaces, although a typical recipe calls for one spot per two units. The one part of the city perhaps most challenged by a dearth of parking facilities is the booming Old Montreal area. The issue has long been considered such an urgent problem that one proposal from a decade ago even suggested that the massive silos in the Old Port be used to park cars. More recently, Old Montreal planners have installed an electronic billboard indicating where spaces could be found, but the pressure on parking endures, according to Georges Coulombe, whose real-estate company has been snapping up properties in the area for the last four decades. Coulombe concedes that area commerce has been hurt by a lack of space for cars. “People from places like Longueuil want to come shop on the weekend, but they can’t do it anymore, it’s too expensive to park, they end up going to malls closer to home.” He attempted to address the problem through a plan to build a high-tech robotic parking facility that could accommodate twice as many cars as a regular indoor lot. However, he did the math and found that it wouldn’t make sense because of city taxes. “I had a small 3,000-foot terrain that I would have turned into 300 spaces, but the city wanted to tax not just the building but the machinery inside. It made it impossible.” Much-hyped futuristic robotic parking systems are seen by some as a potential solution to parking woes and have actually been around for quite some time. The city has had at least three pigeon-hole parking systems as the earlier incarnations were known; one was opened on de la Montagne St. in the 1950s and another on Mansfield, where a worker was crushed by an elevator. A third more recent one was in operation at St. Jean and Notre Dame until a decade ago. Authorities frequently cite the fear of being unable to put out a car blaze in their opposition to such facilities. And although a few such high-tech robotic lots could elegantly alleviate parking pressures, one expert says that the standalone dedicated parking buildings will probably never get built. Chris Mulvihill, the New Jersey-based President of Boomerang Systems, a high-tech car-stacking parking lot system, notes that any landowner would most probably opt for a different sort of project. “Take any place where it’s very hard to get a parking spot,” Mulvihill says. “You’d think building a garage and charging for parking would be a good business model, but the economics dictate that if there’s a high demand for parking in that area, it’s because it’s a hot, happening place, so there are real-estate developers who want to build on that land. The demand makes it uber-expensive. A landowner could make a lot more money doing something other than parking on it.” © Copyright © The Montreal Gazette Read more: http://www.montrealgazette.com/Parking+squeeze+Downtown+businesses+feeling/7453989/story.html#ixzz2ASqBCwJE
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The Shopping Mall Turns 60 (and Prepares to Retire) The Atlantic Cities EMILY BADGER JUL 13, 2012 The enclosed suburban shopping mall has become so synonymous with the American landscape that it’s hard to imagine the original idea for it ever springing from some particular person's imagination. Now the scheme seems obvious: of course Americans want to amble indoors in a million square feet of air-conditioned retail, of course we will need a food court because so much shopping can’t be done without meal breaks, and of course we will require 10,000 parking spaces ringing the whole thing to accommodate all our cars. The classic indoor mall, however, is widely credited with having an inventor. And when the Vienna-born architect Victor Gruen first outlined his vision for it in a 1952 article in the magazine Progressive Architecture, the plan was a shocker. Most Americans were still shopping downtown, and suburban "shopping centers," to the extent they existed, were most definitely not enclosed in indoor mega-destinations. At the mall’s peak popularity, in 1990, America opened 19 of them. But we haven’t cut the ribbon on a new one since 2006. Gruen’s idea transformed American consumption patterns and much of the environment around us. At age 60, however, the enclosed regional shopping mall also appears to be an idea that has run its course (OK, maybe not in China, but among Gruen’s original clientele). He opened the first prototype in Edina, Minnesota, in 1956, and the concept spread from there (this also means the earliest examples of the archetypal American mall are now of age for historic designation, if anyone wants to make that argument). At the mall’s peak popularity, in 1990, America opened 19 of them. But we haven’t cut the ribbon on a new one since 2006, for reasons that go beyond the recession. As we imagine ways to repurpose these aging monoliths and what the next generation of retail should look like, it’s worth recalling Gruen’s odd legacy. He hated suburbia. He thought his ideas would revitalize cities. He wanted to bring urban density to the suburbs. And he envisioned shopping malls as our best chance at containing sprawl. "He said great quotes on suburbia being 'soulless' and 'in search of a heart,'" says Jeff Hardwick, who wrote the Gruen biography Mall Maker. "He just goes on and on with these critiques. And they occur really early in his writing as well. So it’s not as if he ends up bemoaning suburbia later. He’s critiquing suburbia pretty much from the get-go, and of course the remedy he offers is the shopping mall." Gruen wanted to create better versions of the American downtown in the suburbs. He wanted these places to be civic centers as much as commercial ones, with day cares, libraries, post offices, community halls and public art. He wanted the shopping mall to be for suburbia what the public square was to old European cities. In fact, that mall in Edina, called Southdale, was supposed to be the centerpiece of a 500-acre master plan to include houses, apartments, office buildings, a medical center and schools. In his book, Hardwick unearths a great quote from the president of Dayton’s, the downtown Minneapolis department store that developed Southdale. He, like Gruen, believed that all of this could happen at no expense to the city. "We do not believe," he said, "we or anybody else will lose any business because of the suburban move." • • • • • Gruen’s creations did an amazing job of luring customers (and holding them captive in the shopping bliss now known as the Gruen Effect). The day Southdale opened, 75,000 happy shoppers streamed in. And it’s hard to imagine now where Gruen thought these people were coming from, if not in an exodus from downtown. He also built a series of satellite shopping centers around Detroit for the department store J.L. Hudson. When the first of them opened in 1954, Detroit was the fifth largest city in the country and the fastest growing in the East or Midwest. Of course Gruen’s shopping centers aren’t solely to blame for Detroit’s decline. But his idea helped set off a chain reaction that recurred in cities everywhere. Suburban malls drew consumers who found shopping and parking in the city too difficult. They contributed to a boom in development that enabled not just shopping dollars, but whole households to relocate to suburbia. Cities, eying this exodus, tore down buildings and tried unsuccessfully to recreate the ease of parking and the shopping experience people found in the suburbs. And this only further hastened their decline. "Gruen will often go on about how they’re going to push each other, 'what we’ve created in the suburbs can now be a model for downtown,'" Hardwick says. "But he doesn’t imagine that what we created in the suburbs is going to bankrupt downtown." In Edina, those plans for a whole town anchored around the mall were never executed, and perhaps Gruen was naïve to think the developers of shopping malls would also be interested in developing entire communities. At the time, Gruen believed that by locating all of a community’s shopping needs in an enclosed mall, with a nondescript exterior, we could do away with the "commercial blight" of scattered hot-dog stands and gas stations and neon storefronts that made America, in his eyes, so ugly. But the property value around Southdale quickly went up. And instead of developing the full 500-acre site, Dayton’s sold off chunks of it for what would become the kind of "anonymous mass housing" Gruen detested, and precisely more of the commercial sprawl he wanted to eradicate. Repeatedly, his plans did not turn out as he had imagined them, and later in life he bitterly lamented that Americans had debased his ideas. In one of the strangest legacies of his career, just as he was building these suburban shopping malls, Gruen was trying to revitalize urban downtowns with pedestrian-friendly master plans for cities like Fort Worth, Texas, and Kalamazoo, Michigan. He wanted to bring people back into the city even as he was trying to bring city-like amenities to the suburbs that lured so many people away. "They’re totally at odds," Hardwick says. "He never is able to explain that, or justify it. It’s a fundamental contradiction of his career." And then there was the problem in the suburbs of all that mall parking. How do you make a mall the civic heart of a community when it is, by definition, isolated in a sea of asphalt? "Even if we had realized Gruen’s ideas," says Georgia Tech professor Ellen Dunham-Jones, "if it’s just this self-contained pod surrounded by berms that you drive to, I don’t think the suburbs would actually look or function all that differently [today]." • • • • • By Dunham-Jones' count, today about a third of our existing malls are "dead" or dying. That’s not to say they’re mostly vacant. But they have dreadful sales per square foot. High-end dress stores have moved out, and tattoo parlors have replaced them – "things," Dunham-Jones says, "that would normally be considered way too déclassé for a mall." About a third of our malls are still thriving, and those are the biggest, newest ones. But America is no longer building many new highways, which means we’ve stopped creating prime new locations for mall development. Some of the earliest amenities of the enclosed mall – air-conditioning! – no longer impress us. And the demographics of suburbia have changed dramatically. Malls draw the largest share of their customers from teenagers, and the baby boomers who largely populate suburbia no longer have teenagers at home. For all these reasons, the suburban mall of Gruen’s plan appears to be victim of more than just the recession. Dunham-Jones, who has tracked this trend in her book Retrofitting Suburbia, estimates that more than 40 malls nationwide have been targeted for significant redevelopment. And she can count 29 that have already been repurposed, or that have construction underway. In 2010, Columbus, Ohio, tore down the dead mall in its downtown for a park. Voorhees, New Jersey, demolished half of its dead mall, built a new main street and relocated its city hall into the remaining building. In Denver, eight of the area’s 13 regional malls now have plans for redevelopment. One of them, in suburban Lakewood, was converted from a 100-acre super block into 22 walkable blocks with retail and residences. "It’s the downtown that Lakewood never had before," Dunham-Jones says. Ironically, this is what Gruen had been aiming for. "Except that now it’s open-air." Americans haven’t particularly outgrown the consumer impulse that Gruen detected. We still love to flock to dense agglomerations of Body Shops and Cinnabuns and Brookstones. But now those places look increasingly like open-air "lifestyle centers," with condos above or offices next door. Some of these places are just the old mall in a new Main Street disguise. But when you add residences, and cut Gruen’s mega-block into what actually looks like a downtown street grid, that begins to change things. "You’ve got to get a mix of uses, but the connectivity is probably even more important," Dunham-Jones says. "The uses will come and go over time, but if you can establish a walkable network of streets, that’s when you’re really going to establish a ripple effect in changing suburban patterns."
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http://blogs.montrealgazette.com/2012/06/11/a-taste-of-adonis-downtown/
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I.H.T. SPECIAL REPORT: SMART CITIES http://www.nytimes.com/2011/11/18/business/global/hip-cities-that-think-about-how-they-work.html?pagewanted=1&_r=1&sq=montreal,%20auckland,%20berlin&st=cse&scp=1 By CHRISTOPHER F. SCHUETZE Published: November 17, 2011 The story of young people, full of ambition, energy, skill and talent, moving to enticing cities that call to them like a siren’s song is as old as modern civilization. And in a world where national borders are easier to traverse, where more countries are joining the prosperous global middle class and where the cost of a one-way plane ticket is more affordable, young professionals probably have more cities to choose from than ever before. This survey is not based solely on quality of life, number of trees or the cost of a month’s rent. Instead, we examine some cities that aim to be both smart and well managed, yet have an undeniably hip vibe. Our pick of cities that are, in a phrase, both great and good: Montreal With its hearty French and North American mix, this city of 3.6 million has a real soul thanks to low living costs and long winter evenings. And it is no slouch when it comes to good food, hip culture, well-appointed museums and efficient transportation. Related With four major universities and plenty of bars, the nightlife in this bilingual city has a well-deserved reputation. Because the winters tend to be long and cold, the city possesses an extensive underground network connecting several downtown malls and a subterranean arts quarter. When spring finally does arrive, and snow is cleared from the many bike paths, the city puts out its 5,000 short-term-rental bicycles, known as Bixi. City-sponsored community gardens are sprouting around town, giving urbanites a chance to flex their green thumb. Montreal is an incredibly active town where festivals celebrating everything from jazz to Formula One dominate the city’s calendar during the summer. Thanks to Mount Royal, a large central park and cemetery that serves as cross-country, snowshoe and ice-skating terrain in the winter and becomes a verdant picnic ground and gathering spot in the summer, Montrealers never have to leave city limits.
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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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Canada may be a hotspot for retail expansion, but lease costs in the country’s fanciest downtown shopping districts are still a relative bargain compared to other global centres. Toronto’s Bloor Street area was the priciest in Canada at $291.66 (U.S.) a square foot, according to Colliers International. Toronto is the only Canadian city to make the Top 50 in the report, coming in as the world’s 37th most expensive retail leasing market. The most expensive space in the world can be found on Fifth Avenue in New York, where lease costs are $2,150 a square foot – gaining 70 per cent over last year. The top five is rounded out by Hong Kong’s Russell Street ($1,510, up 25 per cent), Paris’s Avenue des Champs-Elysees ($1,310, unchanged), London’s Old Bond Street ($962, unchanged) and Zurich’s Bahnhofstrasse ($955, up 14.2 per cent). Ste-Catherine Street West in Montreal was the second most expensive Canadian location, at $204.15, a drop of 4.5 per cent. Saskatoon saw the biggest jump in Canadian lease rates, with Broadway Avenue gaining 25 per cent to $34.03. Other Canadian sites included: Calgary’s Uptown 17th Avenue at $53.47 (down 26 per cent), Downtown Edmonton at $43.75 (unchanged), Halifax’s Sprig Garden Road at $48.61 (unchanged), Ottawa’s Byward Market at $38.89 (down 20 per cent), Vancouver’s Robson Street at $194.44 (unchanged) and Victoria’s Government Street at $53.47 (unchanged). “After two successive years of lackluster growth, the world’s top retail streets once again regained their vitality, as reflected by a general rise in rents in many of the world’s premier shopping districts,” the report states. “As the lingering effects of the global downturn faded during the latter half of 2010, rising demand for the world’s most prime retail real estate was evident in many countries as many new retailers sought to establish a foothold in the world’s most prestigious avenues.” http://www.theglobeandmail.com/report-on-business/canadas-retail-space-still-a-deal-report/article2050037/
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Toronto et Montréal, vues par des touristes anglais.... http://www.mirror.co.uk/advice/travel/north-america/2010/12/18/the-big-maple-lawrence-goldsmith-samples-the-delights-of-a-canadian-adventure-115875-22791873/
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(Courtesy of The Montreal Gazette via. The National Post When will people learn, never leave stuff in your car?!
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American Bar Association touristic tips for their members : the usual stuff.
un sujet a posté yarabundi dans L'actualité
Lawyer’s Survival Guide to Montreal By Larry Markowitz Montreal is the most European of North America’s cities, blessed with a joie de vivre that makes a visit worth your while at any time of the year. Although the majority of Montrealers are French-speaking, English-speaking visitors will have no problem getting by, especially if those visitors begin their conversations with a courteous “bonjour.” Entertainment Montrealers enjoy life. Lunches are longer, foods are tastier, and the seasons are filled with festivals of all sorts. In the summer, Montreal is renowned for its international jazz festival, featuring hundreds of free outdoor shows, as well as its comedy festival, known as the “Cannes of comedy.” Many a Hollywood sitcom star has been discovered by the talent scouts who frequent the Just for Laughs comedy fest. Even during its cold and snowy winters, Montreal holds festivals such as February’s Montreal High Lights Festival, which features performances, gastronomy, and activities for the whole family. Of course, one cannot ignore Montrealers’ passion for their Montreal Canadiens hockey club, which sells out the 21,000-seat Bell Centre for nearly every home game. Hockey is like a religion for the people of this city. Many local drivers fly a Canadiens’ flag from their automobile, as they encourage the “Habs” to win their twenty-fifth Stanley Cup. During the summer, the hometown 2009 Grey Cup-champion Alouettes of the Canadian Football League play their home games in the open-air Percival Molson Stadium located on the slopes of Mount Royal, the mountain in the center of this island city, from which Montreal takes its name. Visitors who are less interested in sports can visit the Montreal Museum of Fine Arts, the Montreal museum of contemporary art (Musée d'art contemporain de Montréal) or the leading-edge Canadian Centre for Architecture. Alternatively, visitors may simply go for a stroll atop Mount Royal, along tree-lined pathways designed in the 19th century by Frederick Law Olmsted, who is best known for designing New York’s Central Park. The pathways of the Old Port along the Saint Lawrence River and the narrow cobblestone streets of adjacent Old Montreal are also pleasant places for a walk, especially when the weather is warm. Visitors from the United Sates should remember to bring their passports, as the U.S. Customs and Border Protection Agency now requires a passport to be presented by all those entering (or re entering) the United States. A taxi ride to downtown Montreal from Trudeau Airport costs C$38 (approximately US$36 at the current exchange rate of C$1 = US$0.96) and usually takes less than 30 minutes. Once you’ve arrived in the city center, you’ll discover that Montreal is a very walkable place, with its “underground city” that links numerous office towers, shopping malls, and hotels and provides shelter from inclement weather. Because of its four major universities, three of which are located in the downtown area, and the fact that many residents both live and work downtown, the central core retains an active vibe at all hours of the day and night. The city also features a safe and visually appealing subway (metro) system. For those in a rush, taxis are plentiful, readily available, and quite affordable. Montreal is one of the oldest cities in the “new world.” Old Montreal, the area adjacent to the Old Port, has the largest concentration of 17th, 18th and 19th century architecture in North America. Those buildings are well-maintained and in them, one can find quaint boutique hotels and fine dining restaurants. Accommodations In addition to the boutique hotels, downtown Montreal also has all the usual chain hotels that meet the needs of business travelers and are located in proximity to the office towers that house Montreal’s law firms and corporate head offices. For a trendy boutique hotel in Old Montreal with exposed brick walls in your room, try the Hotel Nelligan (http://www.hotelnelligan.com). If you wish to be pampered in the same chateau-like surroundings as Madonna and the Rolling Stones, try the ultra sumptuous Hotel Le St-James (http://www.hotellestjames.com). For a major downtown business hotel, try the Queen Elizabeth. As an added bonus, 1960’s pop-culture history buffs will be interested to learn that room 1742 of the “Queen E.” was the site of 1969’s famous “Bed-in for Peace” by John Lennon and Yoko Ono, during which they recorded their timeless song “Give Peace a Chance” (http://www.fairmont.com/EN_FA/Property/QEH/). Farther uptown and closer to the shopping of Sherbrooke Street (Montreal’s “Fifth Avenue”), and not far from Sainte-Catherine Street, Canada’s busiest shopping thoroughfare, is the luxurious Sofitel Montreal Golden Mile (http://www.sofitelmontreal.com). Dining For cuisine, Montreal’s multiethnic population, combined with its residents’ propensity for going out to dinner, has resulted in a multitude of high-quality restaurants, featuring every imaginable type of food. In fact, Montreal lays claim to having the most restaurants per capita of any North American city. At the basic end of the food spectrum, some local dishes that you might want to sample include poutine, a surprisingly tasty artery-blocking concoction of French fries and melted cheese curds doused in thick brown gravy. You should also sample a smoked meat sandwich with a side-order of kosher dill pickle at Schwartz’s on “The Main” (aka Saint-Laurent Boulevard, which is the traditional dividing line between the more anglophone western half of the city and the more francophone eastern half). Montreal smoked meat is a uniquely spiced and tender smoked brisket that is hand-sliced and served on rye bread with mustard. After sampling a smoked meat sandwich, stop by either Saint Viateur Bagel or Fairmount Bagel for a uniquely Montreal tender hand-rolled bagel, cooked to perfection in a traditional wood-burning oven. There’s no rush to buy your bagels, as both of these institutions remain open 24/7. For more sophisticated cuisine, the absolute top of the top include Toqué! and Club Chasse et Pêche. A top-rated genuine French bistro experience may be had, without the need to fly to Paris, by dining at L'Express, located on Saint Denis Street, a broad avenue lined with numerous eateries. It has been said that Montrealers work to live, rather than the other way around. Hopefully, your travels will give you the opportunity to experience some of the joie de vivre of this “Paris on the Saint Lawrence” sometime soon! Larry Markowitz (larry.markowitz@mcmillan.ca) is a partner in the Montreal office of McMillan LLP. His practice focuses on securities law and competition/antitrust law. http://www.abanet.org/intlaw/pubs/Montreal/montrealLSG10.html Drôle de hasard : je ne connaissais pas le restaurant Club Chasse & Pêche jusqu'à ce que j'y reconduisse huit de mes clients pour la première fois il y a deux jours !! -
Montreal Real Estate Pushes Ahead By DORN TOWNSEND Published: June 11, 2010 MONTREAL — When Patrice Groleau began selling a proposed condo development this spring, he thought it would take about a year to sell all 100 units — even though the site is in Montreal’s historic old city and the project will have all the latest amenities. Half the apartments sold in the first month on the market. “The last few years have been mostly good for real estate, but this year has been phenomenal,” said the 33-year-old broker, who works for McGill Immobilier. “Some of the buyers are from elsewhere but 95 percent are local young professionals. A lot of them will buy several units or whole blocks of apartments.” Real estate markets in many cities around the world are still in the doldrums, but in Montreal, Canada’s second largest city, with 1.9 million residents, the downtown area is experiencing a boom and buying frenzy last seen more than a generation ago. Brokers say that new listings in desirable central neighborhoods can receive multiple offers within hours of going up for sale. Since 2003, when the present rush began, 5,500 to 7,000 new condo units have been hitting the market each year. Many of these homes are downtown in new mid-rise developments. According to the Montreal Real Estate Board, the median price of downtown condos has risen about 9 percent over the period, to 210,000 Canadian dollars, or about $198,000. While some downtown addresses can command as much as 1,000 dollars a square foot, in May the average price per square foot in the central city was about 350 dollars. “A lot of the new units downtown are for people in the suburbs looking to downsize, but you also get about 8 percent of sales going to foreigners,” said René Lépine, president of Groupe Lépine, one of the largest developers of downtown residential housing in the city. “I haven’t seen this kind of activity in the city center since the 1970s, when we had the Olympics.” Montreal’s real estate board reported that prices were up 8 percent in the first quarter from a year earlier, with sales up 54 percent. While there is disagreement over whether such growth is sustainable, demand is being driven by historically low interest rates, with a five-year fixed-rate mortgage going for about 3.8 percent. In an attempt to pop what many fear is an expanding housing bubble, the Bank of Canada in April began requiring purchasers to put down 20 percent on investment properties. Brokers, however, say such rules are easily skirted with interim financing. And in the two years since the global economic downturn, Canada’s big-five banking oligopoly has continued granting loans for real estate. But, like in the United States, these banks seldom hold on to the mortgages, instead passing them on to a government entity called the Canada Mortgage and Housing Corp., which insures buyers against defaults. Since 2005, the agency’s liabilities have grown to around 400 billion dollars from about 80 billion dollars. But many of the new homes insured by this national agency are the tiny studios and one-bedroom units like those in Montreal’s downtown towers. That easy financing helped turn Montreal’s real estate scene into something of a Sleeping Beauty story. For decades the city had a lot of real estate for sale, partly because of the departure of several hundred thousand English-speaking residents from 1976 to 1978 because they feared Quebec might become an independent French-speaking country. Afterward, prices rose slowly, and then took off in recent years. “I’m not one of those annoying people who say that Montreal is the best city,” said Ariane Truong, 30, a Montreal native who spent several years in London working as an architect for SOM. “But there’s this intangible, aesthetic quality here these days and when you’re in other cities, you notice that quality is missing.” Two years ago Mrs. Truong returned to her hometown, paying about 350,000 dollars for a refurbished 950-square-foot, or 88-square-meter, one-bedroom condo in the old city. The building incorporates part of the stone fortifications built from 1717 to 1738 to protect Montreal from native Indians and English attackers. Until recently many residents had spurned the area as a tourist magnet. These days the tourists still are ever-present, but the old warehouses have been converted into apartments with ground-floor cafes and restaurants. A mix of young professional residents has returned to live and work. A small but important part of the market is composed of foreign clients who buy into the city for its particular rhythm. Diane Urbain, 28, a transplant from Paris, is typical of the group. She and her husband spent about 520,000 dollars on a 1,600-square-foot cottage in the Plateau, a large neighborhood of row houses known for its public squares and cafes. The French consulate says about 100,000 French citizens are living in Montreal. “When I first arrived here as a student, I thought I’d never leave Paris,” Mrs. Urbain said “But I’ve come to love the way of life of this city.” She talked about the nearby parks where her children play and about biking to work. Vélo Québec, a cycling advocacy group, says that nearly 20 percent of downtown residents use bicycles as a primary means of transport. Yet the French are not the only people who choose Montreal. This year, almost all the units in one new high-end condo tower downtown were sold to Lebanese. The developer marketed heavily in Beirut, and many purchases were made as investments or as homes for children attending universities in Montreal. Source: http://www.nytimes.com/2010/06/11/greathomesanddestinations/11iht-remon.html
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(Courtesy of The Montreal Gazette)
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la thread de paris m'as fait penser a ca que j'avais vu il ya quelques mois. je ne frequentais pas ce forum dans le temps alors je me demande si vous l'aviez deja vu: http://pixelcase.com.au/vr/2009/newyork/ c'est assez bien, meme si leur definition de 'downtown' est din patates !
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Hi! I hope this post is not miscategorized. Since I moved to Montreal I have been looking forward to seen these old garbage cans replaced: They are too small, break easily, are always leaking, and most of them have lots of garbage under them which looks really bad (I don't even know how it gets there though I have a few theories). Anyway, in 2007 I found out that Michel Dallaire (the BIXI industrial designer) was to design new benches and garbage cans for downtown: http://www.ledevoir.com/2007/12/17/168881.html In 2008, renderings of the new designs appeared on his website: http://www.dallairedesign.com/flash/index.html And after that nothing happened. Is there any way to know what happened to this? Are they ever going to be replaced?
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Going to spend a few days iin Toronto soon. I need recommandations on a good downtown hotel............in the 4 star range.............well situated downtown....good view...tall building....good price.
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s McGill University becoming the Donald Trump of higher education? First the school purchased the Renaissance Hotel on Park Ave. in 2003 to turn it into a dormitory, and now it’s apparently in the market to buy the Four Points Sheraton on Sherbrooke St. W., two blocks east of the downtown campus. Science student Billi Wun, vice-president of the First Year Council, told the students’ society newspaper The McGill Tribune this week that FYC president Sean Husband confirmed the news. Husband, whom Wun described as the liaison with the First Year Office, informed the council there are negotiations between McGill and the hotel. Spokespeople for Starwood Hotels & Resorts Worldwide Inc., parent company of the 196-room Four Points, didn’t return calls to headquarters in White Plains, N.Y. “McGill has a policy of not discussing real estate transactions in public,” university spokesman Doug Sweet said on Thursday. Maintaining that no-comment rule, the executive director of residences and student housing did acknowledge that McGill operates at a 97.5 per cent occupancy rate. “We’re generally full and over at the beginning of the year,” Michael Porritt said, referring to the approximately 2,800 mostly first-year students housed annually. Porritt said the former Renaissance Hotel that McGill transformed into a 700-bed dorm in the the fall of 2003 is regularly at 99 per cent occupancy. There is other off-campus housing at McGill-owned Selwyn Hall in St. Henri as well as property leased at the Presbyterian College on University St. and an apartment building on Ste. Catherine St. W. Jean Lortie, president of the Confédération des syndicats nationaux’s commercial wing that represents hotel workers, said he is skeptical about such a deal. A search by the union found no proof of a transaction or request with the city for a zoning change. Instead, he suggested it’s an employer pressure tactic to end a labour conflict at the Four Points – where about 90 workers have been on strike since last Aug. 25. Lortie recalled that when there was a walkout at the Hotel Omni Mont-Royal further west on Sherbrooke in 2005, “there were rumours it was being sold to McGill.” The university never disclosed what it paid for the Renaissance, but it did cash in a $150-million, 40-year bond for the acquisition. mking@thegazette.canwest.com
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Un article, qui, je le sent, fera plaisir à Malek Should Downtown Crossing be reopened to traffic? Would car traffic bring back the crowds? Boston Globe, by Michael Levenson, Globe Staff | March 1, 2009 Downtown Crossing's problems have been well-documented: Crime has spawned fear, heightened by a stabbing and shooting in the midst of a bustling afternoon. Shops that once thrived next to Jordan Marsh and Filene's have shuttered, leaving empty storefronts cheek-by-jowl with pushcarts, discount jewelry stalls, and gaping construction sites. Sidewalks that teem with rowdy teenagers and office workers by day lie empty and forbidding at night. For years, city planners have been promising to restore the area to its former grandeur and make it a major urban destination. But as they have attempted solution after solution without success, they have never tried one idea: reopening the streets to traffic. Indeed, Downtown Crossing remains one of the last vestiges of a largely discredited idea, the Ameri can pedestrian mall, which municipal planners once believed would help cities compete with proliferating suburban malls. In the 1970s, at least 220 cities closed downtown thoroughfares, paved them with bricks or cobbles and waited for them to take hold as urban destinations. Since then, all but about two dozen have reopened the malls to traffic, as planners, developers, and municipal officials came to believe that the lack of cars had an effect opposite of what they had intended, driving away shoppers, stifling businesses, and making streets at night seem barren and forlorn. "Pedestrian malls never delivered the type of foot traffic and vitality they had expected," said Doug Loescher, director of The Main Street Center at The National Trust for Historic Preservation. "The sense of movement that a combination of transit modes provides - whether on foot or in car - really does make a difference," he said. "People feel safer, because there's some kind of movement through the district, other than a lone pedestrian at night. It just creates a sense of energy that makes people feel more comfortable and makes the district more appealing." Boston planners are against opening up Downtown Crossing, but as the district suffers the exodus of anchor businesses and a deepening malaise has settled in, some shop owners long for the energy, ease, and excitement they remember before Downtown Crossing closed to most traffic in 1978. "There was a constant flow of cars, stopping and going; it was very active, very busy, like a typical city street," said Steve Centamore, co-owner since 1965 of Bromfield Camera Co., on Bromfield Street, part of which is open only to commercial traffic. "There were people coming and going. It didn't seem to impede any pedestrians. It was a lot busier. People could just pull up and get what they needed. Now, it takes an act of Congress to even get through here." Pellegrino Bondanza, 72, who has sold vegetables in Downtown Crossing since he was a boy, said the pedestrian mall "didn't work out well." He hopes the city will reopen it to traffic. "Maybe it would bring some of the action back in town," he said. "I remember as a kid, I tried to squeeze in with a pushcart and, if I could locate at a corner, I could sell what I had in an hour and make a good living there. You had to be a little careful crossing the streets and everything, but don't forget the cars went slow when they were going up them streets there. There was no fast driving." Boston officials say they considered reopening Downtown Crossing to traffic and, in 2006, hired a team of consultants from London, Toronto, Berkeley, Calif., and Boston to study the idea. The consultants concluded that the mall should stay because the estimated 230,000 people who walk through Downtown Crossing every day should be enough to keep the place lively and economically vital. "What we heard from them pretty loudly was, 'Not just yet. Make it work. Give it your best effort,' " said Andrew Grace, senior planner and urban designer at the Boston Redevelopment Authority. "Lots of cities throughout the world make these districts work. The historic centers in most European cities function, and they thrive." Kristen Keefe, retail sector manager of the BRA, warned that bringing back traffic could squeeze out pedestrians who, she said, already contend with crowded sidewalks. "We just think these two things are in conflict," she said. Boston built its pedestrian mall after a study showed that six times more pedestrians than cars traveled down Washington Street - in front of what was then Filene's and Jordan Marsh - "so the impetus was to reassert the balance for pedestrians a little bit and improve the safety and amenities for pedestrians," said Jane Howard, who helped design the mall for the BRA and is now a planner in a private firm. It was a time when malls were being built across the country. Some are still considered successful - in Burlington, Vt., and Charlottesville, Va., for example. And New York City is experimenting with blocking traffic on Broadway through Times and Herald squares to create pedestrian-only zones. But those are the exceptions. Chicago, which turned downtown State Street into a pedestrian mall in 1979, reopened it to traffic in 1996, convinced that the mall had worsened the area's economic slump and left the street deserted and dangerous. Eugene, Ore., scrapped its mall in 1997, frustrated that "people went around downtown instead of through it," said Mayor Kitty Piercy. Tampa got rid of its mall in 2001 because it "didn't bring back any retail," as the city had hoped, said Christine M. Burdick president of Tampa Downtown Partnership. Buffalo, which has trolley service on its mall on Main Street, is currently reintroducing cars after finding that shoppers avoided stores that were cut off from traffic. "It takes a leap of faith to go somewhere nearby, pay to park, and then walk to someplace you haven't been yet," said Deborah Chernoff, Buffalo's planning director. "All the cities are dealing with the reality of how people actually behave." Downtown Crossing is not even a full pedestrian mall. Because Washington Street, its main thoroughfare, is open to commercial traffic, pedestrians mostly stick to the sidewalks, avoiding the cabs and police cruisers that often ply the route. After dark on a recent weeknight, just after 8:30 p.m., Downtown Crossing resembled a film noir scene, its deserted rain-slick streets glistening with the reflections of neon signs from a shuttered liquor store and a discount jewelry shop. The few pedestrians who hurried by were mostly teenagers and office workers descending into the subway or headed to the bustle on Tremont Street. They walked purposefully, scurrying past darkened store after darkened store with metal gates pulled shut. The only cars were a police cruiser that rumbled past, an idling garbage truck, and the occassional taxi. Yet some say the mall should stay. The developer Ronald M. Druker, who owns buildings on Washington Street, said he has "vivid memories of the conflict between cars and pedestrians," before the mall was built. "If you insinuated cars and trucks on a normal basis into that area, it would not enliven it," he said. "It would create the same problems that it created 30 years ago when we got rid of them." But others, particularly the shop owners struggling to survive the recession say they are eager to try just about anything that would bring back business. "Downtown Crossing definitely needs something - that's for sure," said Harry Gigian owner since 1970 of Harry Gigian Co. jewelers on Washington Street, which has seen a sharp dropoff in sales. "Nobody comes downtown anymore." De mon côté, j'adore les rues piétonnières européennes. Par contre, dans la plupart des cas, plusieurs des éléments qui font leur succès là bas ne sont pas réunis de ce côté ci de l'Altantique: - Bien qu'animées à certains moments de la journée ou de l'année, nos rues principales sont plutôt tranquilles la majorité du temps (les matins, les journées froides d'hiver, etc) - la présence d'itinérants, plus nombreux ici - il n'y a pas de "point focal", de destinations, ou point d'attraction majeure à chaque bout de nos rues qui ont le potentiel de devenir piétonnières. Par contre, il est très agréable de se promener dans la foule, l'été, sur une rue sans traffic automobile. Un compromis: avoir des rues piétonnières temporaires? par exemple, fermer Ste-Catherine les vendredis, samedis et dimanches de l'été, de midi à minuit? Bon, on ouvre les lignes! Les amateurs d'urbanisme, bonjour! -
Montreal does it. Why can’t we? TheChronicalHerald.ca SILVER DONALD CAMERON Sun. Feb 8 - 8:20 AM Pedestrians shelter from the weather in one of downtown Halifax’s pedways. (Staff) ‘THE GUY never went outside at all," said my friend. "Not for a month or maybe two months. The story was in one of the papers here. He went to the theatre, shopped for food and clothing, did his banking, ate out, all kinds of stuff. He even went to Toronto and New York — and he never went outdoors." "He went to New York without going outdoors?" "He went by train. The Gare Central is underground, right under your hotel. " We were in Montreal, strolling along the underground passageways which are said to constitute the second-largest underground city in the world, after Moscow. I had been working in Montreal for a week. I was staying at Le Reine Elizabeth, on the Boulevard Rene Levesque, and most of my meetings were on Sherbrooke Ouest, 20 minutes’ walk away. The streets were choked with snow and lethally slick with ice — but I wore just a sweater as I walked past coffee shops, jewellers and haberdashers in perfect comfort. It occurred to me that the underground network made Montreal a safer city than any other in Canada, particularly for senior citizens. Walking outdoors in the winter is a hazardous activity for seniors. Every year, hundreds fall and break their arms and legs and hips — a significant factor in the Orange Alert at the Halifax Infirmary ER last month. Old bones don’t knit quickly, and many never really recover. The danger was brought home to me a year ago, when I suddenly found myself lying on the ice beside my car. I had taken my key out, and I was about to unlock the door — and then I was on my patootie. I don’t remember slipping or falling. It was like a jump-cut in a film. One moment I was up, the next I was down. A few bruises aside, I was none the worse for the experience — but it got my attention. Young seniors — from 60 to 80, say — often sidestep this problem by going south. You find them all over the southern U.S., Mexico and the islands, robust and happy, sailing and golfing and swimming. But after 80, snowbirding loses its appeal. At 85 or 90, people don’t feel much like travelling, and don’t travel as comfortably. They’d rather stay home, close to friends and family and doctors. And that puts them most at risk from winter conditions at precisely the point when they’re least able to deal with such challenges. In Montreal, they’re fine. Their apartment buildings connect to the Métro, and the Métro takes them to the under-cover city downtown. They really don’t have to emerge until spring. So at 80, should I live in Montreal? Why not downtown Halifax? The city already has the beginnings of a covered downtown, with pedways and tunnels running from the Prince George Hotel to the waterfront casino, and branching into apartment buildings and office towers. We don’t have to burrow underground. We can just extend the pedway system to link the whole downtown, from Cogswell to the Via station. A large part of Calgary’s downtown is connected that way. In Montreal, I noticed, some of the covered space was captured simply by putting a roof over the space between existing buildings. What was once a back alley becomes a connecting courtyard with a Starbucks coffee shop. In other places, a short tunnel between buildings converts two musty basements into prime retail space. Halifax probably has a score of locations where connections like that would work. And, although a Métro doesn’t seem very practical in rock-ribbed Halifax, we could bring back the downtown streetcars, looping down Barrington and up Water Street, with stations right inside such major buildings as Scotia Square and the Westin. Alternatively, could we use a light elevated rail system like the one that connects the terminals at JFK Airport. I’m no planner, and these notions may be unworkable. Fine: let’s hear better ones. The point is that we’re about to have a tsunami of seniors, and it would be good for them — and for everyone else, too — if we made it possible to live a safe and active life in the middle of the city all year round. We know it can be done. Vive le Montreal! END --------------------------------------------- Funny how the article seems to imply all buildings are interlinked together in one giant underground maze, which is not the case at all. In fact we all know not too many apartment buildings are in fact linked to our underground city. Funny stuff from an outsider nonetheless.
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WTC in NYC : Recession could change the timeline By Julie Shapiro and Josh Rogers January 16-22, 2009 The Port Authority may try to delay the opening of some World Trade Center offices if the economy takes too long to bounce back, the agency’s leader said this week. The best way to ensure that Towers 2 and 3 are successful may be to phase them in over time, said Chris Ward, the Port’s executive director. “It would be naïve to think real estate can respond in the same way it was expected to respond in 2006,” Ward said in an hour-long interview with Downtown Express Tuesday. “It’s a different, different world.” If Towers 2 and 3 do not rise over the next several years, as was expected, Ward promised that something temporary would go in their place. One possibility is to build a retail-filled podium of several stories, then add the skyscrapers when the economy improves. Another possibility is to build a platform at grade. No matter what, the sites will not remain fenced off behind barriers indefinitely. “This will not be left a construction site,” said Ward, who took over the Port last May. “The last thing that’s good economically and the last thing for the community is to…have it feel like some pit.” The two towers are being developed by Silverstein Properties, which signed a 99-year lease with the Port for the World Trade Center two months before 9/11. Larry Silverstein, the firm’s head, has maintained that tough economic times are the ideal time to build offices. “By building now, even if demand for offices either Downtown or anywhere else in the city softens temporarily, we will be ready when the New York and U.S. economies rebound,” Silverstein wrote in a Downtown Express column two months ago. “And have no doubt — they will. They always do.” Silverstein Properties declined to comment Wednesday on Ward’s remarks. Ward said Tower 4 will be the easiest for Silverstein to build on time (2012) because it is the most economically viable — the city and the Port have already agreed to lease two-thirds of the office space from Silverstein. Ward said he was optimistic the incoming Obama administration, which is emphasizing economic stimulus, will back extending the deadline for the tax-free Liberty Bonds beyond the end of the year. Silverstein plans to use the bonds for three W.T.C. office towers and the Port will use them for the Freedom Tower, which is under construction. The bonds will be difficult to sell if they are put on the market long before the buildings’ openings. Ward also spoke Tuesday about the newly released quarterly milestones for the W.T.C. site. The Port met eight of its nine goals for the fourth quarter of 2008 and set nine more goals for this quarter. The one goal the Port did not meet was to turn over the excavated sites for Towers 2, 3 and 4 to Silverstein so he can build the towers. The Port initially said in October that the sites for Towers 2 and 4 were ready, but Silverstein disputed that, and an arbitration panel ruled last month that the Port had more work to do. The largest problem was a 200-foot wall the Port left standing right where a column for Tower 4 needed to go. Ward told Downtown Express that he knew the wall needed to come down, but he thought Silverstein had enough space to work around it and build other parts of the tower’s foundation first. He acknowledged Tuesday that the Port may have overstated its case. “If we were overly aggressive in that assertion, it was in the sense that we were paying a lot of money in the failure to deliver [the site],” Ward said. The Port is paying Silverstein $300,000 a day until the sites are cleared and ready for construction under an agreement renegotiated in 2006. The Port also missed another deadline at the end of the year for work on the sites for Towers 2 and 3 and has racked up $60 million worth of fines to date for missing the June and December 2008 deadlines. As a result of the arbitration, the Port and Silverstein have agreed on more detailed guidelines to determine when the sites are done. Ward said the No. 1 lesson he learned from the arbitration was that communication is essential. “If we’d been there earlier, better and more often, I don’t think we’d have come to this problem,” Ward said. It’s the same lesson he’s learned with the community and the public as a whole, whether it’s about street closures or the site’s schedule and budget: The more upfront the Port can be, the better. But no matter how candid Ward is, many New Yorkers won’t believe in progress at the site until they see it with their own eyes. “There’s such a cynicism that’s in society right now about building,” Ward said, referring to other major construction projects as well. “That’s just bad for the city, to have the feeling we’re not really building.” Ward expects the perception to change between the middle and end of the year, as steel for the memorial rises above street level and the Freedom Tower continues to grow. This is a critical year for the project, as work shifts from excavating behind construction barriers to pushing steel skyward, Ward said. The quarterly milestones are part of Ward’s effort to gain the public’s trust that he will meet the revised schedule for the site, announced last fall. He hopes to add more detail to the milestones and release the goals further in advance, providing a detailed map the public can trace toward completion. Looking ahead, Ward does not foresee any engineering or planning crises, but he said meeting the deadlines will come down to teamwork and timing — along with good weather. “There’s no leisure to it,” Ward said. “You can’t take a week off. You can’t think about, ‘I’ll make that up later….’ Those days for this project are literally over.” One potential source of delay is 130 Liberty St., the contaminated former Deutsche Bank building that stands right where the Vehicle Security Center will go. The Lower Manhattan Development Corp. recently announced another delay of six weeks to three months on the building’s demolition, and that in turn will delay the Vehicle Security Center by the same amount of time. “Unfortunately, there’s not a lot that can be done without having it completely down,” Ward said. As construction of the Trade Center progresses, the many projects crammed onto the 16-acre site will continue coming into conflict over the limited space and resources. Ward described his priorities for the site whenever those conflicts arise, and for him, it all goes back to getting the memorial plaza open by the 10-year anniversary of 9/11. Opening the memorial leads to the priority of finishing the PATH Hub and Vehicle Security Center, which will both open after the 10-year anniversary but will be important to getting people on the site. The 10-year anniversary also made the Port prioritize Greenwich St., the site’s north-south spine, which people will use to access the memorial. After that comes the office towers: the Port’s Freedom Tower and Silverstein’s Towers 2, 3 and 4. Finally, Ward listed the site’s other projects, like Liberty Park and the performing arts center, which are not as integral to the plan. One conflict the Port has already resolved required the redesign of the Santiago Calatrava’s PATH hub. To open the memorial on time, the Port added some columns to Calatrava’s belowground mezzanine, enabling workers to build the roof of the mezzanine first, which gives the memorial a floor. Silverstein, the city and the memorial foundation all lobbied the Port to scale back the $3.2 billion station further, but Ward said that was much more difficult than it seemed because everything is interconnected. “You couldn’t simply say, ‘Make it smaller,’” Ward said, “because then it would have an implication for how much mechanical equipment could you put below-grade, which affected whether or not you could pump the amount of water that you need to pump to make the fountains work…. Probably a fair number of people think we didn’t do enough, but I think we struck the right balance.” Ward is also trying to balance the community’s concerns with his goal of keeping the project on schedule. Nowhere is that clearer than Vesey St., which the Port had said might have to close between Church St. and W. Broadway for utility work. “At some point, for hopefully a limited amount of time, it will have to close, and that’s just a fact of life,” Ward said Tuesday. He expects the closure to last less than a year. More than 15,000 pedestrians use Vesey St. during the morning rush hour, pouring out of the temporary PATH station at Greenwich St., and Ward said he would try to minimize the impact of the closure by keeping the Vesey St. pedestrian bridge open. The community is particularly concerned about Vesey’s closure because the Port is definitely closing Liberty St. on the south side of the site at the end of this year. Liberty St. will be closed for much longer than Vesey St., but the two closures will likely overlap.
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Avison Young Montreal | 2008 Review and 2009 Forecast | 2008 In Review At the start of 2008, a strong Canadian dollar negatively impacted the province’s export industry. However, Montreal still posted positive economic growth of 1.7% for the year.2008 was a challenging year for the Montreal economy. The combination of a strong Canadian dollar for most of the year and the recent financial crisis in the United States negatively impacted the province’s export industry. Quebec’s economy is positioned in industrial sectors that are lagging or in a slump, such as the clothing, forestry, furniture and manufacturing industries. However, despite all this, Montreal still posted positive economic growth of 1.7% in 2008. Employment grew by 1.3% in the year and is anticipated to increase by another 1.5% in 2009. Consumer spending remained high and has contributed tremendously to economic growth. Office Engineering firms, many of whom are expanding to support major infrastructure projects in the province, spurred demand for office space. Downtown office vacancy closed the year at 5.4%, a significant drop from 6.2% at the end of 2007 and 9% at the end of 2006. The decrease in vacancyrates in the downtown market was accompanied by only a slight increase in rental rates. The suburban office vacancy rate has remained stable over the past four years, and closed the year at 13.1%. In 2008, 400,000 square feet (sq. ft.) of space was absorbed in the market, significantly lower than the 2007 absorption of 1.37 million sq. ft. Absorption of office space has been modest due to lack of quality space. Certainly, what is left of quality office space in downtown Montreal is quickly being absorbed, and options for tenants are becoming increasingly limited. Industrial Montreal’s manufacturing sector has been strongly affected by the rise in the value of the Canadian dollar. As a result, the industrial market has moved away from manufacturing to logistics and distribution type industries that drove demand for industrial space in Montreal. These types of companies require smaller spaces with greater clear heights. Consequently, vacancy rates increased for large spaces of 100,000 sq. ft. and more, whereas spaces between 15,000 and 25,000 sq. ft. became increasingly more difficult to find. Buildings with clear heights of 24 feet are in great demand and have an extremely low vacancy rate of approximately 1%. The rental rates for these buildings have therefore increased. Limited availability of appropriate space motivated tenants to construct built–to-suit projects that provide the amenities they require. Many of the older, more obsolete buildings are being demolished or completely renovated by developers. Retail Substantial consumer demand in Montreal created an active retail market in 2008, and retail sales rose by 5.5% in the year. In the downtown core’s central area, rental rates have quadrupled and vacancies are nonexistent. Rental rates closed the year at between $200 to $215 psf at the corner of Ste-Catherine and Peel Streets. Newcomers to Ste-Catherine Street include Apple Computer’s first Montreal retail location at 1321 Ste-Catherine Street West and H&M at the corner of Peel Street, with 20,000 sq. ft. Investment The financial crisis in the United States has softened the investment market in Montreal. Assets offered for sale require a longer exposure period. Investors using financial leverage as the basis for investment are having trouble completing acquisitions, thus diminishing the occurrence of successful transactions. As a result capitalization rates increased by approximately 25 basis points this year. Despite this, many successful transactions were completed earlier in 2008. Industrial Alliance Insurance and Financial Services Inc. invested approximately $100 million to acquire a 50% interest in 1981 McGill College, together with a major financial partner that acquired the remaining 50%. Cominar REIT acquired 2001 McGill College for $165 million. Canderel and Proment sold the first Phase of the Bell Campus for $185 million to a German real estate investment fund. 2009 Forecast Office Montreal is the only city in Canada with no significant downtown office construction projects. Until recently, large tenants have been able to find suitable alternatives that were much less expensive than proposed new projects. However, as vacancy rates continue to plunge, the availability of quality space will become even more limited. Tenants will soon have no choice but to consider one of the new construction projects. Expect to see the beginning of one or two office construction projects in 2009. Potential office developments include Canderel’s development of 1201-1215 Phillips Square, Hines’ development of 900 de Maisonneuve, Magil Laurentienne’s office or mixed-use building at 701 University and Westcliff’s development of Phase 2 of Place de la Cité Internationale. Quebec’s 2008 budget aimed to stimulate business investment by eliminating tax on capital for manufacturers and by offering a tax credit for the purchase of manufacturing equipment and a tax credit for new information technology companies. Accordingly, the Province of Quebec agreed to provide investment banking giant Morgan Stanley with $60 million in tax credits for opening a new global technical support centre in Montreal. Morgan Stanley is currently searching for office space in anticipation of bringing staff levels to 500 or more. Phase 1 of the new Bell campus on Nun’s Island was officially opened in August of this year. Phase 2 is anticipated to be ready for occupancy in February 2009. It will comprise 235,000 sq. ft. of office space and amenities, bringing the total to 840,000 sq. ft. A third phase is also planned, thus bringing the campus total to approximately 1.4 million sq. ft. The downtown core office market has absorbed a large percentage of the space formerly occupied by Bell. Retail In 2009, Canadians will likely be faced with weakening job prospects, tighter credit conditions and economic uncertainty, thus leading to moderated consumer spending. Retail sales are expected to grow by only 3.5% in 2009, as opposed to the 5.5% growth seen in 2008. Demand for space on Ste-Catherine Street will slow dramatically in 2009. As a result, retail vacancy rates are anticipated to increase and if retail sales continue to lag, we expect to see some retailers walking away from stores that do not perform. This will give tenants the upper hand in lease negotiations. Industrial The diminishing strength of the Canadian dollar will benefit the export industry in 2009. Demand for industrial space will likely come from the logistics, distribution and aerospace industries. We anticipate the overall vacancy rate to increase, as more space comes to market and older buildings that lack required ceiling heights remain empty. However, the vacancy rate for smaller buildings with adequate clear heights will remain low. Rental rates for the older, more obsolete buildings will decrease and rates for newer, smaller spaces with adequate ceiling heights will remain flat. Industrial construction activity will continue to slow in 2009 as a result of financing difficulties coupled with high land and construction costs. However, industrial growth will continue off the island of Montreal due to lower land costs and higher availability. Investment Banks have tightened credit significantly and consequently, financing is more difficult to obtain. Borrowers that lack liquidity will likely have difficulty acquiring assets. This, however, will leave the door open for REITs and international investors with capital at their disposal. In 2009, we anticipate a general slowdown in the investment market. The majority of investment sales deals in 2009 will be concentrated on a few portfolio deals; mostly smaller transactions involving retail and warehouse properties. Prices for commercial real estate product will likely decrease and cap rates will increase by 50 to 100 basis points. http://www.avisonyoung.com/library/pdf/National/forecast2009.pdf Également présent dans la section "Ressources". -
By Anne Sutherland, The Gazette Benoit Labonté, borough mayor of Ville Marie, will be tabling a motion tonight that will provide for eight days of free parking downtown in an effort to help merchants in these tough economic times. He will propose that city parking meters will be free from 9 a.m. on Dec. 20 to 5 p.m. on Dec. 28. The gross loss of revenue from those metered spots will be $800,000, but Labonté said the net loss to the Ville Marie borough will be between $100,000 and $150,000. “We’re talking about one week in the year to help our tax-paying merchants, a kind of subsidy,” Labonté said. “The message we’re giving to citizens is come downtown to shop and don’t go to the suburbs.” Labonté and his Vision Montreal councillors have a three to two advantage on the borough council, so the motion is expected to pass. --
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The world is welcome to park downtown 150 spots set aside for diplomats, staff ANNE SUTHERLAND, The Gazette Published: 8 hours ago Parking downtown is difficult enough: Who hasn't done the "once more 'round the block" routine over and over before throwing in the towel and paying sky-high prices to park in a lot? Adding to the frustration is seeing prime spots reserved for the diplomatic corps - 150 spaces in all - in the Ville Marie and Plateau Mont Royal boroughs. Who are these people with special licence plates and why do they get to park - free of charge, on top of everything - in some of the most advantageous places? Cars fill Cathcart St. parking spots designated for use by diplomatic staff. Those sites represent only a handful of the 16,800 metered parking spaces in Montreal, a city official says.View Larger Image View Larger Image Cars fill Cathcart St. parking spots designated for use by diplomatic staff. Those sites represent only a handful of the 16,800 metered parking spaces in Montreal, a city official says. For staff of consulates and employees of international organizations, like the International Air Transport Association or the International Civil Aviation Organization, free parking is part of a range of diplomatic perks. Italy, for example, has its own consular building and parking lot on Doctor Penfield Ave. Many other consulates rent space in office towers downtown, however. As a matter of courtesy and security, the city of Montreal designates 150 spots to international officials and consular and diplomatic staff, said Jacques-Alain Lavallée, spokesperson for the Ville Marie borough. Montreal has been extending this privilege for more than 30 years, and does so "to attract international institutions and for security reasons," said François Goneau, of the city's public affairs department. There are 16,800 metered parking spots in the city, so the 150 spots for consular officials represent a minuscule percentage of available street parking, he noted. Michel Philibert of Stationnement de Montréal, the para-public agency that manages parking in the city, said there is no way to gauge how much revenue metered parking in those diplomatic spots might bring in. Extending perks to the international market is very lucrative in the long run for Montreal, Goneau said. "It has been estimated these international organizations bring in excess of $200 million in business to the city," he said, citing a study done in 2000. Only drivers with a CC (Consular Corps) or a CD (Diplomatic Corps) prefix on their licence plates are eligible to park in the diplomatic corps spots. There are 191 CC plates and 140 CD plates issued to people in Montreal, according to the Société de l'assurance automobile du Québec. If you park in a spot designated for the diplomatic corps and get caught, you will get the usual $42 fine for parking in a restricted zone, Montreal police Constable Olivier Lapointe said. The city receives two requests a year, on average, for diplomatic corps parking spots. If a consulate closes or moves, the designated parking spots are returned to the public, Lavallée said. asutherland@thegazette.canwest.com
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Des pharmacies du Downtown Eastside offrent de 5$ à 10$ par ordonnance pour attirer les toxicomanes dans leur établissement. Pour en lire plus... -
Toronto : The downside of up TENILLE BONOGUORE Globe and mail Old Toronto is booming, thanks to a flood of new condo dwellers. So why are prime retail strips awash in 'for lease' signs? Tenille Bonoguore recently counted 54 empty storefronts on one stretch of Queen alone. With rents soaring, is it only cashed-up chains that can survive? The garlands were up, the Christmas songs were playing, but inside the Danforth Avenue store Paper and Presents, the mood was anything but merry. It was December, 2007, and instead of spreading good cheer, customers were hurling abuse about cross-border price discrepancies. Store owner Grace Wong was facing her second year without drawing a paycheque, and she was fed up with skyrocketing business costs. After 15 years as an independent retailer, she finally realized that it was time to go. "The Danforth has really changed. It's not as vibrant," Ms. Wong said this week from the store that will close this summer. "Stores are flipping, and nobody wants to take a chance. I wouldn't choose a place where stores keep flipping over. ... That's not a good sign." Like many tenant retailers, Ms. Wong pays both rent and part of the property taxes. The combination had reached $5,500 a month for her 800-square-foot storefront, a hike of 40 per cent in five years. Meanwhile, insurance had risen to $1,800 a year, up 50 per cent in 10 years, and other costs were soaring. She was caught in the unprecedented blaze of interest in downtown retailing that is reshaping Toronto's shopping strips, and threatens to turn the city into a whitewash of chain stores. Ms. Wong's is one of seven stores that have closed, or are preparing to close, this year in the Danforth Business Improvement Area. Thirty shut up shop last year, 10 of which had been open for less than two years. The empty storefronts don't reflect a lack of demand - just the opposite. Demand for downtown retail on hot strips like Queen Street, Bloor Street, Yonge at Dundas, and now Yonge at College, has driven up rents, speeding up turnover and forcing out the independent shops that made the strips vibrant in the first place. "A lot of landlords are making the rent so high because they're hoping for a Starbucks or a major chain to come in. They're waiting for the big guys," said Ms. Wong, who is opening an online Japanese paper store. Or storefronts turn into what Charlie Huisken, of This Ain't the Rosedale Library, calls "retail hotels" - a building that hosts a continuing rotation of short-lived ventures. "I don't know if that's a problem of [the retailers] lacking capital, or whether it's because the rents are too high. It might be a combination of the two. They pop up and just disappear," said Mr. Huisken, who recently moved his bookstore from Church and Wellesley to Kensington Market, partly because of escalating rent. Mr. Huisken believes that independent business can survive in the city centre only if retailers are given a mandatory option to buy property. Others wonder if the independents can survive at all. BIG BOX, BRAND OR BUST All of the factors that appear to help business - an influx of residents, increasing demand for downtown property - are sending independents running for shelter. John Crombie, senior managing director and national retail director for Cushman & Wakefield LePage, said he has never seen such demand for downtown retail space. Yorkville now commands rents of $300 per square foot, making it the third-priciest retail space in North America. Storefronts at Queen West and Spadina now cost $125 to $150 a square foot, and a ripple effect is washing across the city. The hot residential market of the past few years has had an impact too: Mushrooming condo developments seem poised to produce ready-made customer bases, which landlords can use as a basis for rent hikes. The condos can increase competition too, because of the retail spaces included in such developments. Meanwhile, Toronto businesses are paying some of the highest property-tax rates in North America, and subsidizing relatively lightly taxed residents. The City of Toronto has pledged to even that out over the next 15 years by shifting more of the tax burden from businesses to homeowners. But that could prove little comfort when new property valuations are issued this fall for the 2009 tax year, says the Canadian Federation of Independent Business's Ontario vice-president, Judith Andrew. "If there are really trendy spots that are seeing values go way up ... their share of the total assessment pie goes up and their share of the tax bill goes up too. That's bad news for retailers, even if they're renting," Ms. Andrew said. As independents are being priced out of hot neighbourhoods, cashed-up chains and luxury or trendy brands are moving in, Mr. Crombie said. "There's no question that there's a [residential] filling-in, and they're saying it's more of an affluent consumer coming down," he said. That's an irresistible prospect for big-brand players Queen Street West is a perfect example of the cycle. The city's best-known shopping strip is full of chains, such as Gap, H&M, Zara, Billabong and HMV, that use cheaper, globally homogeneous product to nab the city's disposable income. Brand flagships are getting in on the action too, with Mexx opening its own storefront and Crocs about to do the same. As they move in, the displaced stores seek cheaper locations. Historically, that has meant moving farther west. Now, Queen Street is threatening to run out of western succour. Just look to Parkdale's speedy transformation from blighted hovel to boho-chic haven. "I think there's a frustration for the smaller ma-and-pa regional players, but what can you do? It's really only following consumer behaviour," Mr. Crombie said. "... I've never seen such an interest in downtown street properties." At the start of last year, the Greater Toronto Area had almost 185 million square feet of retail real estate, more than two-thirds of which was in shopping centres and big-box stores. Until now, suburban malls held the most appeal to retailers. But that changed for Toronto in 2007, according to Cushman & Wakefield LePage's annual report. Vacancies on retail strips dipped to 8.4 per cent in 2007, down from 8.5 per cent the previous year and 9.7 per cent five years previous. Meanwhile, vacancies in shopping centres rose to 7.4 per cent, up from 6.7 per cent in 2006. Danforth BIA president Glyn Laverick said it's essential that small businesses be given a helping hand if they are to survive. "There's not an awful lot of support from an institutional or governmental level for small business. There's really not a plethora of grants available if you're not opening a manufacturing company," Mr. Laverick said. One hopeful note is that there are still plenty of people bellying up for the challenge. While the Danforth BIA has lost 37 businesses since January, 2007, 29 others have opened up. NICHE IS THE WORD Studio Brillantine owner Ferdinand Suzara spent last Christmas doing a bit of shopping of his own. Eleven years after establishing the retail beachhead on West Queen West, the design boutique owner was on the hunt for a new 'hood. Not that there was anything wrong with his spot just west of Ossington: He had hoped to buy the building from his landlord, as they had discussed, but his landlord was in no rush to sell. And who could blame him? That part of town will soon welcome hundreds of new residents as part of the City of Toronto's Queen West Triangle densification plan. Mr. Suzara started looking elsewhere, snapping up a more affordable building in Parkdale instead. Studio Brillantine and its inventory of leading-edge design products had opened long before Ossington's hipster influx. So the posters announcing the move shocked the neighbourhood. "Our whole block is up for sale. It's just in the air for this block," Mr. Suzara said as he started preparing for the August move. The south-Roncesvalles area his store is moving to still holds the edgy appeal of Queen West's earlier days, he said, but the clock is ticking. By his reckoning, the chain stores will start arriving in five or 10 years. As the cycle gains speed, independents scramble to seek out the last shrinking oases of affordability. The Danforth's Carrot Common is one such hub. Roncesvalles Avenue where it meets Queen West is quickly becoming another. Shannon Doyle moved her gourmet nook The Mercantile to "Roncy" in May, despite having a legion of loyal customers on College Street. But the rental of her tiny College storefront was about to jump 45 per cent, by her calculations (a figure with which her landlord disagrees), and there was no way she could keep up. Plus, the College strip she had entered in 1999 had disappeared in a slew of bars. It was time to go. "You're really watching businesses move or close," said the diminutive Ms. Doyle, now happily serving her new regulars. " ... They're just flipping every year. You want to say to a landlord, 'Why not just have a good tenant and work with them?' "It has to stop eventually, or everything's a Gap." Space: the final frontier Source: Cushman & Wakefield LePage Toronto Retail Strips: Average Overall Vacancy 2002 - 9.7% 2006 - 8.5% 2007- 8.4% Retail Strip Examples: Vacancy Over 5 Years Yorkville 2002 - 10% 2007 - 7.7% Chinatown 2002 - 8.6% 2007 - 8.2% Pape & Danforth 2002 - 15% 2007 - 9% Yonge & Wellesley 2002 - 8.3% 2007 - 9.1% Dundas & Dufferin 2002 - 13.7% 2007 - 12.9% Source: Cushman and Wakefield LePage
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Israeli consulate to move from downtown to Westmount
un sujet a posté ErickMontreal dans L'actualité
Israeli consulate to move from downtown to Westmount JASON MAGDER, The Gazette Published: 8 hours ago The Israeli consulate is moving from its downtown location to Westmount. According to the consulate's website, the offices will move from the CIBC building on René Levesque Blvd. at the corner of Peel St. to Westmount Square by next Monday. A spokesperson for the consulate says the consulate's 10-year lease in the CIBC building had expired, so the decision was made to change locations. "This is what suited us best in terms of office space and availability and we took what we could take," said Peter Subissati, the consulate's director of public affairs. Daniel Saykaly, a director of Palestinian and Jewish Unity, called the move a victory for his group. He said the consulate has been embarrassed by weekly protests held in front of the CIBC building since Feb. 9, 2001. "We originally started the weekly vigil in the relatively early stages of the second intifada," he said. "We felt it was important to make a regular public statement against the occupation of the West Bank and Gaza." The consulate's spokesperson denied the group's claim. "The protests had been going on without any incident and I don't think it ever was a factor in our move," Subissati said. He added the offices of the Spanish and Brazilian consulates are also at Westmount Square. Saykaly said PAJU and supporters haven't missed a week since the first protest, and usually between 20 and 30 people demonstrate in front of the CIBC building on Fridays between noon and 1 p.m., waving flags, chanting slogans and handing out flyers. A counter-protest of Israel supporters has been taking place across the street for the last several years, garnering about the same number of people. Saykaly said his group will now move its weekly protests to Ste. Catherine St. at the corner of McGill College Ave., to join members of the Coalition Against Israeli Apartheid in front of the bookstore Indigo. jmagder@thegazette.canwest.com
