GDS

https://www.bloombergquint.com/markets/oxford-psp-said-to-explore-sale-of-top-montreal-tower#gs.6dNfUlI2 (Bloomberg) -- Oxford Properties Group Inc. and Public Sector Pension Investment Board are exploring the sale of one of Montreal’s iconic towers, 1250 René-Lévesque Boulevard West, according to people familiar with the matter. The pair have been engaging with prospective buyers for the 47-floor building after hiring Royal Bank of Canada to handle the sale, which could fetch more than C$500 million ($377 million), according to the people, who asked not to be identified because the matter is private. The property is not officially on the market as marketing materials are still being finalized. CBRE is working with Royal Bank on the sale, said one of the people. PSP, which manages the pension funds of Canadian public servants, is an anchor tenant in the building. Oxford, the property unit of the Ontario Municipal Employees Retirement System, manages it. The skyscraper was built in 1992. Representatives for Oxford, CBRE and RBC declined to comment. PSP didn’t immediately respond to a request for comment. ----- I am pretty sure that PSP is 1250's biggest tenant by far with over 100k sqft

Its not a sports store, an a gaming place that is opening

I think I had posted this research article 10 years ago on this site http://cjrs-rcsr.org/archives/22-1-2/Gad.pdf Downtown Montreal and Toronto: Distinct Places with Much in Common Discourses over the last twenty years have emphasized the differences between Montreal and Toronto, including the differences in the pace of development in their downtown areas. In spite of different growth rates and absolute size, these two downtown areas have shared a trajectory of urban development which has been shaped b y their membership in the Canadian economy, and more widely by their status as substantial cities with diverse economies within north-ea stern North America. This paper pays attention to these downtowns as places with distinct character shaped within a broader framework of change. A more detailed description of the last two decades highlights some of their current differences. The following text focuses to a large extent on office development and those activities which are accommodated in office buildings. The reasons for this emphasis are the dominance of offices in the downtowns between the 1950s and 1990s and my personal research interests. This paper reports on work in progress. While other features of downtown are considered, they deserve far more empirical research and critical reflection. ... rest in article with graphics

I believe KPMG signed a 10 year lease in 2012 for 145k sqft. And anyways, moving a few blocks doesn't make KPMG a new competitor to PWC. I would assume PWC is prepping for BCG Gamma

You would think a company like Uniqlo would be able to get the Sirens next to Burger King to move since the two floors above it are empty. That seems like an obvious location for me. Or even better, you would hope a company of that size would take over the former Guido's and Angelina's and SuperSexe and turn that prime located shithole into something decent.

This looks old to me - Marriott Courtyard is just a mock up while its been in Google Earth for over a years now and no mock up of the AC Marriott. Also the land belongs to Great-West for over a year now too. The building design looks really lame to me, just a boring rectangle with those stupid popouts. The 7 stories plus of skywalks between the buildings seems absurd too. I don't see why they would need to deface 30% one side of Place Felix Martin and lose the green space.

I see what you mean

Saroukian building six-tower Central Parc Laval https://renx.ca/saroukian-develop-build-six-tower-central-parc-laval/ Edmonton-based Saroukian Group says the time is right to develop land it owns in Laval, Que., which it has kept untouched for more than two decades. Parc Central in Laval is being developed by Saroukian Group. (Rendering courtesy Saroukian Group) The property development firm is developing Central Parc Laval, a six-tower development that will contain 1,400 high-end residential rental units, a luxury hotel and retail space. It will be built on a 10-acre parcel of land with 1.2 million square feet of livable space. “We’ve been fortunate enough to believe in Laval,” said George Saroukian, the president and general manager of Saroukian Group. “Laval has been on our mind for the last 20 years.” Saroukian was one of the speakers discussing new real estate projects during the Forum immobilier de Laval (4th Laval Real Estate Forum) on Nov. 20. Founded in 1989, Saroukian Group is a residential, industrial and commercial property development firm with construction and property management divisions. Its developments include the South Boulevard Shops on Gateway Boulevard in Edmonton. Laval “ready” for Central Parc Now is a good time to develop the company’s land in Laval because the city is growing, family-oriented and has a stable economy, Saroukian said. Laval is one of the fastest-growing communities in Quebec and research showed “there was no other city in Canada that had the demographics and underlying opportunity,” he said. “Quebec is ready for (Central Parc Laval).” Located on Le Carrefour Boulevard near CF Carrefour Laval and the heart of downtown Laval, Central Parc Laval will include six buildings of 15 to 22 storeys. The first building in the transit-oriented development, now under construction, will contain 22 storeys with 198 units and is slated for delivery next July. Construction of the final building is scheduled to wrap up in 2023. Marketed as “the new art of living in Laval,” each building will be surrounded by about one acre of pedestrian-only green spaces which are being preserved. Amenities will include an infinity pool, floor-to-ceiling windows, high ceilings, high-end stainless appliances and a concierge service. A number of other new developments in Laval were discussed at the real estate forum. Among them: Groupe Maurice seniors residence Seniors residences developer and manager Groupe Maurice will build its first seniors residence in Laval, called Résidence IVVI. Groupe Maurice has twice as many seniors units on the island of Montreal as any other competitor, but until now has not ventured across the river into Laval, notes Luc Maurice, president and founder of Groupe Maurice. However, that situation is about to change in a big way, Maurice says. He expects to build three to five more projects in Laval in the next seven years The 10-storey Résidence IVVI will be located near Saint-Martin West and Daniel-Johnson Boulevards, facing the Centropolis retail development. There will be 399 apartments with high-quality finishes, including 74 care units. Rentals will range from $1,374 for a 441-square-foot studio to $2,936 for a 1,479-square-foot 5-1/2 (equivalent to a two-bedroom). Maurice says 40 per cent of the units were reserved in the first month following the project’s announcement. With people having fewer children, “the question of isolation will become critical” and the communities developed in seniors residences like IVVI will help fill the void, he says. Hotel Times Laval Laval will also become home to a New York City-inspired hotel known as Hôtel Times Laval. Construction of the $65 million project will begin in February and last 18 months. It will feature two buildings, the first of which will have 143 rooms and meeting rooms on the top floor. The second building will have more than 160 rooms and the two buildings will be linked by a central pavilion. The Grand Times Hotel chain has hotels in downtown Quebec City, near the Quebec City airport, Sherbrooke and Drummondville. The 12-storey, 140-room Drummondville hotel is one of the tallest towers between Montreal and Quebec City. Each hotel features “a very urban, very downtown” design, says Jean Audet, president Grand Times Hotel. Audet, a Quebec City-based real estate developer, was formerly a political strategist for ex-Quebec premier Robert Bourassa. As part of the chain’s tribute to New York City, meeting rooms have names like the Big Apple, Central Park, Union Square and Lower East Side. Many guest rooms contain a black and white image of the iconic 1930s scene Men at Lunch, showing construction workers perched on a steel beam during the construction of Rockefeller Center. Audet says the company chose Laval for its newest hotel project because “there is momentum in the economy. It’s the time to develop.”

Groupe Daca - that's a good reputable company. They started the condo wave downtown.

Church window mixture - interesting.

I have drop offs that take 30 minutes, car is the only option. Then I park at Panama and take the bus downtown and walk from le1000 Auto 30m + (TEC + 30m Marche 15m) I walk for the exercise and I buy a south shore pass only and save the monthly add-on for STM ---- Without the dropoffs TEC - 45 minutes Auto - 45 minutes Marche - N/A

Very true, except now it has a hideous piece of shit attached

There are only a few select areas in Montreal that are attracting such foreign interest, specifically from Asian, hence the statistics. Downtown, VSL, Kirkland and Brossard mainly. There is no frenzy of Asians for projects in the east end, Vaudreuil, Boucherville, etc.

There seems to be tons of options if you aren't hell bent on just built https://www.centris.ca/fr/condo~a-vendre~ville-marie-montreal/17823359?view=Summary https://www.centris.ca/fr/condo~a-vendre~le-plateau-mont-royal-montreal/14982655?view=Summary https://www.centris.ca/fr/condo~a-vendre~ville-marie-montreal/20554588?view=Summary https://www.centris.ca/fr/condo~a-vendre~ville-marie-montreal/14757720?view=Summary https://www.centris.ca/fr/condo~a-vendre~le-sud-ouest-montreal/25474244?view=Summary https://www.centris.ca/fr/condo~a-vendre~ville-marie-montreal/23275206?view=Summary https://www.centris.ca/fr/condo~a-vendre~ville-marie-montreal/23849054?view=Summary https://duproprio.com/fr/montreal/ville-marie-centre-ville-et-vieux-mtl/condo-a-vendre/hab-308-90-rue-des-soeurs-grises-821436?position=45.50219620881018%2C-73.56153488159181&zoom=15 https://duproprio.com/fr/montreal/ville-marie-centre-ville-et-vieux-mtl/condo-a-vendre/hab-102-440-rue-de-la-gauchetiere--707005?position=45.507549943085294%2C-73.56574058532716&zoom=15 https://duproprio.com/fr/montreal/le-sud-ouest/condo-a-vendre/hab-779-avenue-greene-818420?position=45.48790706615387%2C-73.58642578125001&zoom=15#description https://duproprio.com/fr/montreal/le-sud-ouest/condo-a-vendre/hab-779-avenue-greene-818420?position=45.48790706615387%2C-73.58642578125001&zoom=15#description