rosey12387

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About rosey12387

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    Laval
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    Development and Politics
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    Commercial Real Estate Broker

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  1. Personally, I think the blue line extension is a bad idea - save for an extension of one station to Pie-IX. The east side of the orange line is too busy due to the extension to Laval. Sending east enders to the orange line who would otherwise head to the green line is only going to make matters worse. Furthermore the green and blue line stations get closer and closer to eachother as you go east. The exception to Pie IX is because it would facilitate things for people in Montreal North and St-Michel by means of the SRB, which would then link the Train de l'Est, blue line, green line and any eventual new mass transit option on Notre Dame. Rather than focus on more underground extensions, I think the focus needs to be on improving above-ground service and the underground service we already have a. not to put more pressure on the existing system without an additional downtown/midtown relief line and b. optomize what we have. For example, I think a station on the orange line, between Sauve and Cremazie with a road extension for buses only between Saint-Laurent and Berri (going through the STM building and parc Henri-Julien) would do wonders for revitalizing the Chabanel district. Also additional Montreal Island stations and infrastructure improvements on some of the AMT exisiting commuter train lines could do a lot more in terms of improving Montrealers' commutes. If the STM were to extend the underground by 4 more stations. I would do: -Pie-IX on the eastern blue line -Poirier on the western orange line to better service Bois-Franc/Nouveau Saint-Laurent and the rest of northern Saint-Laurent -Bois-Franc to better serve people in Cartierville and the entire northern West Island (by means of a conection to the Deux Montagnes line) -Ch. Cote-St-Luc on the blue line so that people don't have to cross Decarie to get to the metro For the east end, other than Pie-IX station on the blue line, I would focus on SRBs on Pie-IX, Notre-Dame, Armand-Bombardier/Ray-Lawson/Roi-René, Léger/Perras, Jarry and Jean-Talon and a SLR running from Pie-IX on the green line through Rosemont, the Plateau (between Station Laurier and Mont-Royal) to somewhere on Parc and from there to Station McGill and then finally Station Bonaventure.
  2. It's not that they aren't coming here, as clearly stated in the article, it just makes more sense to start in Canadian markets where they have more brand awareness.
  3. 1. As the article stated, Toronto and Vancouver have huge Asian populations. Same reason Muji will go to those markets first. 2. As for Nordstrom, time will tell, but keep in mind no other Canadian city has an Ogilvy's and when Ogilvy's and Holt's become one store they will the largest Holt's in the country.
  4. ??? ''Toronto and Vancouver are ideal cities for the Japanese retailer: both see exceptionally high retail sales, large Asian populations, and considerable Uniqlo brand awareness. Other desirable markets include Montreal, Edmonton, Calgary, and possibly Ottawa and Winnipeg, as the company continues expanding.''
  5. Assuming if, and only if, the tunneling is possible, I envision a surface metro with the following stops: 1. Pie-IX & The Met (Connection with Future SRB & Future Blue Line Metro Station) 2. Saint-Michel & The Met 3. Papineau & The Met 4. Collège André Grasset: servicing Christophe-Colombe & St-Hubert 5. Station Crémazie (Connection with Orange Line Metro) 6. Saint Laurent & The Met (Connection with Future Saint-Laurent Tram) 7. Saint-Laurent & Chabanel (Connection with Future Saint-Laurent Tram) 8. Chabanel & Esplanade 9. Chabanel & Meilleur (Connection with AMT St-Jérôme) 10. Chabanel & L’Acadie (Connection with AMT Train de L’Est) 11. L’Acadie & The Met 12. Conora & The Met (Connection with AMT Deux-Montagnes) 13. Houde & The Met: servicing redevelopment of old NFB property and surrounding buildings 14. Lucerne & The Met 15. Station de la Savane (Connection with Orange Line Metro) 16. Royalmount & Devonshire: servicing Blue Bonnets redevelopment & possible redevelopment to the north [rumoured] 17. Cavendish extension & Royalmount
  6. Sous peu, je pense que la plupart des Bureau en Gros seront des choses du passé. While it isn't the prettiest building, the area between McGill and Peel will be seeing a lot of change in the next few years. Chances are, as long as we can grow the economy for a few years in a row, that lot will be slated for development soon enough. When the Bureau en Gros was built the area wasn't what it is today (and was a very far cry from what it's evolving into).
  7. http://affaires.lapresse.ca/economie/immobilier/201401/22/01-4731155-deterioration-du-marche-des-bureaux-au-centre-ville.php Publié le 22 janvier 2014 à 08h13 | Mis à jour à 08h13 Détérioration du marché des bureaux au centre-ville ANDRÉ DUBUC La Presse Le taux d'inoccupation des bureaux au centre-ville de Montréal devrait continuer à augmenter jusqu'à atteindre la barre des 9-10% en 2015, en raison de l'offre abondante de locaux offerts en sous-location et de l'arrivée de trois nouvelles tours de bureaux au cours de la période. À la fin de 2013, le taux d'inoccupation a atteint 8,7% au centre-ville, «un niveau qu'on n'a pas vu au centre-ville de Montréal depuis sept ou huit ans. C'est d'ailleurs un taux plus élevé que lors de la récession de 2008-2009», a souligné Alexandre Sieber, premier vice-président et directeur général de l'agence immobilière CBRE à Montréal. Il prenait la parole dans le cadre d'un déjeuner-causerie organisé par l'Institut de développement urbain du Québec portant sur les perspectives du marché immobilier en 2014. Toutefois, les bureaux du centre-ville recommenceront à se remplir graduellement dès 2015 et au cours des années suivantes à la faveur d'une meilleure performance économique. Le taux d'inoccupation baissera alors à un niveau près de sa moyenne historique. Temps dur En attendant l'embellie, les propriétaires pâtissent de la situation. Les locaux en sous-location représentent aujourd'hui 30% des locaux disponibles à Montréal, soit deux fois plus qu'à la fin de 2012. «De grands occupants au centre-ville cherchent aujourd'hui à maximiser l'utilisation de chaque pied carré», indique M. Sieber. L'immobilier est souvent le deuxième poste de dépenses en importance pour une entreprise, après les salaires. Une offre abondante de locaux en sous-location signifie que les entreprises locataires sont en consolidation, en restructuration ou en voie de fermeture. Une situation qui ne surprendra personne étant donné l'état précaire de l'économie montréalaise qui a crû de 2,9% en 2012 et de 1,4% en 2013, selon les chiffres du Mouvement Desjardins. Le taux de chômage reste élevé, à 8%. En parallèle, trois immeubles neufs ayant une composante de bureaux arrivent sur le marché prochainement, ajoutant de 700 000 à 800 000 pieds carrés, soit 3% du stock des bureaux au centre-ville. Il s'agit de la tour Aimia en 2014, de la tour Deloitte en 2015 et de l'Avenue en 2016. La détérioration temporaire du marché des bureaux n'empêche toutefois pas M. Sieber de dormir. Il se console à l'idée que l'offre de sous-location a bondi dans plusieurs marchés canadiens, dans l'Ouest notamment. Il s'attend à ce que le marché montréalais absorbe complètement les 600 000 à 700 000 pieds carrés offerts en sous-location dans un délai de 12 à 14 mois. Retour en force des caisses de retraite au Canada Au chapitre de l'investissement, M. Sieber s'attend à un retour en force des caisses de retraite sur le marché canadien en 2014. Celles-ci ont été très actives sur les marchés étrangers dans les deux dernières années, y investissant 10 milliards de dollars. En 2011 et 2012, l'investissement était mené par les fonds de placement immobilier qui pouvaient se financer à des taux très attrayants. Or, les taux d'intérêt de long terme ont commencé à augmenter à partir de mai 2013, ce qui a changé la donne. La valeur des transactions dans la région de Montréal devrait se maintenir au-dessus de la barre des 3,5 milliards pour la deuxième année consécutive. «On s'attend à des transactions concernant des immeubles de bureaux d'envergure au centre-ville», a expliqué M. Sieber. Bon an, mal an, Montréal accapare de 13 à 15% du volume des transactions à l'échelle du pays.
  8. I know what an emphyteusis and what a superficies is. My point is, and sorry for not being clear, is that the lease ends in February 28, 2065 and they are selling the lease for only 1 325 000,00 $. Something tells me that price means there is something about the land lease that doesn't make it overly attractive.
  9. This had been on the market for a good while I believe. I wouldn't get too excited for this one. It's not the land that is for sale but a long term land lease. I don't know too much in terms of details, but to develop a building on land you don't actually own, not the sexist option. It would obviously depend though on what type of land lease this is.
  10. The Spectrum site is the smaller of the two buildings (the one on the right) -- hence the two phases. The picture and information come from Canderel's monthly listing flyer.
  11. Jusqu'à 1 200 000 pi.ca. Plan type du plancher: ± 33 000 pi.ca. et 27 500 pi.ca. Développement en deux phases
  12. Et c’est à cause de commentaires comme ceux-ci, que je participe très peu à ce forum ces jours-ci…
  13. With the replacement of the Champlain Bridge and the development of the Point Nord this bridge is a must! I suggest a PPP which would include a transponder for every resident's car on Nun's Island to guarantee that the project is viable (paid through their property taxes), direct STM bus access to de L'Eglise metro station, easy emergency access to and from the island, free bike and pedestrian access and the option of non-residents to pay steep usage fees to use the bridge (in order to discourage overuse). As an added bonus it would be great for businesses on boulevard Lasalle, rue Wellington, rue Verdun and rue Bannantyne, especially considering that Nun's Island is missing traditional street-front retail.
  14. I think it does a good job of tying in the look of the older buildings in Griffintown worth saving and the newer modern looking buildings being built all around it. I just really wonder if all these projects can survive. There's a ridiculously huge amount of supply being put on the market all in the same area; nevermind the fact there are numerous other interesting projects happening all around the city.