Marché d'édifices à bureaux de Montréal : actualités

[Habsfan]

en même temps, après avoir mis tant de monde dehors et avec toutes les difficultés des derniers temps, je les comprend un peu non... c'est eux qui paie après tout !

 

Pas de doutes qu'Abitibi-Bowater a le droit de faire ce qu,ils veulent! Je ne les blame pas d'avoir pris la décision de s'en aller dans un immeuble de classe "B". Comme tu dis, après tout, c'est eux qui paient le loyer!

 

Ce que je voulais dire c'est qu'il manque des S.S. à montréal. Nous n'avons pas cette masse critique de grosse compagnie qui viennent de l'extérieur pour qui payer 40$ brut le p² c'est considéré comme étant des peanuts...

[IluvMTL]

Public and private developers are optimistic about the future

 

By Luciano D’Iorio April 28, 2011 Be the first to post a comment

 

 

Work cranes stare up toward the sky at the building site for the McGill University Health Centre's Glen Campus as seen from Bulmer St. and de Maisonneuve Blvd. The construction site will see 10 cranes operating simultaneously, the most ever on a single project in Quebec.

 

Work cranes stare up toward the sky at the building site for the McGill University Health Centre's Glen Campus as seen from Bulmer St. and de Maisonneuve Blvd. The construction site will see 10 cranes operating simultaneously, the most ever on a single project in Quebec.

Photograph by: PIERRE OBENDRAUF THE GAZETTE, The Gazette

 

The Gazette's panel of experts answer your questions on real estate. To ask a question, please email alampert@montrealgazette.com.

 

For the last few years the Board of Trade of Metropolitan Montreal has been organizing a half-day Strategic Forum on major projects that are taking place on the island of Montreal.

 

Having attended the conference over the last two years, I found there was more optimism in the room at the Montreal convention centre last month than the previous year. The close-to-capacity crowd of developers, real-estate brokers, politicians and community leaders were obviously waiting to hear some great new announcement: maybe a new tower, another health-care institution or a major housing development. Well, the crowd got all of that.

 

With the pride of a new father, Montreal Mayor Gerald Tremblay open the conference by remarking that Montreal has 37 cranes on its horizon and another 10 will appear soon. This is surely the most cranes this city has seen in a long time, I would venture to say since the 1976 Olympic Games.

 

But who is commissioning these cranes? And where is the growth coming from? The answer is simple: public and private money is driving this city’s growth. Some would argue that this growth is pent-up demand that has lagged behind other major Canadian cities; others would say the investment in the public sector is fueling the private sector to act. No matter how you cut it, there certainly are major construction projects underway that are in the process of creating short-term and long-term jobs for our local economy.

 

PUBLIC PROJECTS

 

Of the major public projects, the hospitals of the McGill University Hospital Centre and the Centre hospitalier de l’université de Montréal continue to be the headliners of the conference. This year’s audience got nothing new from the presenters of these projects in terms of plans, but they did get something that wasn’t presented last year. Instead of the usual architect’s renderings and fancy graphics, the presenters of the projects were able to show real photos of the construction sites filled with Tremblay’s bellwether: cranes.

 

Surely, the MUHC alone will have 10 cranes on its site, while the CHUM project has four on its downtown campus. Along with the projects at the Jewish General and Ste. Justine hospital, the health sector is seeing major growth in its real-estate holdings. This will certainly have an effect on private developers and speculators looking to provide these facilities with such ancillary servicesas parking, private clinics, restaurants and housing.

 

Other public projects discussed include a partnership between École des technologie supérieur and McGill University at the foot of Peel and Notre Dame Sts. These schools have come together to develop what is known as the Innovation District. This district will marry the Cité du multimédia and the Griffintown area.

 

PRIVATE PROJECTS

 

The greatest news to come out of the conference was the private enterprise announcement by retail powerhouse Cadillac Fairview. With its retail malls at Galeries d’Anjou, Fairview Pointe Claire, Carrefour Laval and Promenades St. Bruno, the master of the compass roses’ four points is ready to develop the centre.

 

Cadillac Fairview, the new owner of Windsor Station, announced plans to make the Bell Centre area a place where people can live, work and play. Having spent $150 million purchasing five million square feet of land around the Bell Centre, zoning is in place for a mixed-use development. Plans include an investment of close to $400 million for a four-tower project consisting of an office tower and three condominium towers. Company officials want to begin marketing the residential project by the end of the year or early 2012.

 

Phase 1 of the three-phase plan would include a 27-storey office tower on St. Antoine St. with 500,000 square feet of rental space and a condo complex of a little more than 700 units spread over three towers. Two buildings will be about 44 storeys, at Mountain St. and Canadiens de Montréal Ave., and the third will be a 25-storey glass tower. This third tower will be erected over an existing 10-storey office tower.

 

Surely this is all very exciting news for a city that hasn’t really seen any private, non-government subsidy funded development in a longtime. Although not addressed at this conference, other development announcements that have been made over the last few months include Magil Laurentien’s plan to build a mixed use office/residential tower in the Quartier International. Other Quartier International neighbours seem well underway to deliver a few more cranes to the horizon, more specifically Kevric, who have already sold 50 per cent of their Altoria condo project. Kevric’s plan includes a mixed office/residential project which many believe once the residential part of the project is spoken for, the office component will be developed as well.

 

These announcements coupled with the potential relocation of major tenant, RioTinto Alcan, low vacancy rates and higher net rents in downtown office towers, more cranes will likely be added to the horizon. As we prepare for the summer months, the next few months will be telling.

 

Luciano D’Iorio is president of Terramont Real Estate Services Inc.

© Copyright © The Montreal Gazette

 

Read more: http://www.montrealgazette.com/business/Montreal+skyline+punctuated+cranes+commissioned+them/4693543/story.html#ixzz1KxOmONCX

[pedepy]

and the third will be a 25-storey glass tower. This third tower will be erected over an existing 10-storey office tower.

 

so ... does this mean 10 + 25 or will they bulldoze the existing structure to build the 25 storey tower?

[yveslachance]

(Petite parenthèse pas rapport: ça me fait tellement rire que The Gazette appelle ''Mountain St." la Rue De La Montagne)

[monctezuma]

Mawntin Street, c'est plus chic !

 

C'est d'autant plus drôle que c'est le seul nom qu'ils ont traduit en anglais alors que :

 

Canadiens de Montréal Ave. n'est pas devenue Montreal's Canadians Ave.

St-Antoine St. n'est pas devenue St-Anthony St.

Notre-Dame St. n'est pas devenue Our-Lady St.

Maisonneuve Blvd. n'est pas devenu NewHouse Blvd.

[Rusty]

Demande a Jacques ''Newtown"

[JFrosty]

Boulevard René-Lévesque pourrait devenir Rene-The-Bishop Boulevard.

Modifié 30 avril 2011 par JFrosty

[MTLskyline]

Mawntin Street, c'est plus chic !

 

C'est d'autant plus drôle que c'est le seul nom qu'ils ont traduit en anglais alors que :

 

Canadiens de Montréal Ave. n'est pas devenue Montreal's Canadians Ave.

St-Antoine St. n'est pas devenue St-Anthony St.

Notre-Dame St. n'est pas devenue Our-Lady St.

Maisonneuve Blvd. n'est pas devenu NewHouse Blvd.

Those are all proper names. Nobody translates proper names unless there is a very widely used variant.

 

The Gazette does translate some other street names:

-Park Avenue rather than Parc Avenue.

-Mount Royal Avenue rather than Mont-Royal Avenue

-Pine Avenue instead of Des Pins Avenue

 

Of course, there were some other commonly used names until only very recently:

St. James St. instead of St. Jacques St.

St. Lawrence Blvd. instead of St. Laurent Blvd.

etc.

You'll actually still hear old anglos call those streets by those names.

Boulevard René-Lévesque pourrait devenir Rene-The-Bishop Boulevard.

I prefer Dorchester Boulevard.

Modifié 30 avril 2011 par MTLskyline

[MTLskyline]

I always find it strange that streets in Quebec named after people usually seem to be as follows:

 

Rue(Boul./Chemin/Av., etc) First name -(Hyphen) Lastname. Boul. René-Lévesque, Boul. Henri-Bourassa, Av. Christophe-Colomb, etc.

 

In English-speaking places, streets usually only use the last name (occasionally the full name, but it is never hyphenated).

Lévesque Blvd., Bourassa Blvd.., Columbus Ave., etc.

[JFrosty]

Hyphenation is actually a French standard for stuff named after deceased people.