GDS

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GDS last won the day on September 4 2019

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  1. District Union: réinventer la vie de quartier https://www.ledevoir.com/contenu-commandite/575783/district-union-reinventer-la-vie-de-quartier
  2. GDS

    Royalmount

    ^ Yorkdale is a good example - where there were a large number of stores that were Canadian firsts. Though they already exist in Montreal area, you could expect things like Sporting Life and Zara Home Maybe stores that are not currently stand alone here like Burberry or Dyson Hopefully things like a CheeseCake Factory and Disney Store which would be new None of which would be advantaged by being downtown
  3. Le stationnement souterrain génère un revenu grandement superieur au taxes
  4. Smart Pixel marketing
  5. CN just liberated 75,000 square feet of space. A new office tower seems unlikely. On top of that - the proposal from Cominar is just marketing to generate interest in the property - they are hedged and and looking to unload. BMO could be an anchor tenant - but if we are talking a 200 meter zoned lot - that would be a build on a lot of speculation as depending on the floor plate, they would need 10-15 floors assuming they bring in Nesbitt Burns.
  6. Good infill Gestion Immobilière Cogeim Nouveau projet sur Ste-Catherine au coin Atwater; 56 unités locatives + espace commercial au rez-de-chaussée.
  7. https://renx.ca/crestpoint-redbourne-buy-montreals-place-du-canada-tower/ Crestpoint Real Estate Investments and Redbourne have teamed up to purchase Place du Canada, the 22-storey office tower at 1010 de la Gauchetière St. in downtown Montreal. Crestpoint owns 97 per cent of the building and Redbourne, which will manage and handle leasing of the tower, owns the other three per cent. Place du Canada was previously owned by Crédit Suisse and managed by Canderel. Jamie Miller, senior director, acquisitions and asset management at Toronto-based Crestpoint, would not divulge the purchase price but told RENX it was bought at “significantly below replacement cost.” Place du Canada, which has about 384,000 square feet of leasable space, is assessed at $100.2 million by the City of Montreal. The off-market sale, which closed at the end of 2019, was handled by CBRE. “We felt it was a good opportunity to buy and reposition it through (a) more active management and leasing strategy and (to put) some significant capital investments in the property through improvements,” Miller said. The momentum in Montreal’s office leasing market “doesn’t seem to be showing signs of slowing down economically, so it was a great opportunity to buy,” he said. “Everything looked promising and with a good hands-on approach, it looked like a good opportunity to increase returns.” About Place du Canada Built in the late 1960s, Place du Canada was commissioned by Canadian Pacific Investments, according to the Canadian Centre for Architecture. The building shares a podium and plaza level with the Montreal Marriott Château Champlain hotel next door and fronts the historic Place du Canada square. Place du Canada is about 70 per cent occupied, giving it a vacancy rate substantially higher than the average for downtown Montreal. The building also has two levels of retail at the concourse level and 352 underground parking spaces. National Bank, the largest tenant in the complex, is also scheduled to depart to its new headquarters at 800 Saint-Jacques St. W. in December 2023. Crestpoint views the vacancy “as an opportunity to get in and be very active and hands-on to improve it,” Miller said. At the end of January, CN will also be vacating two floors with 34,000 square feet of contiguous space, making it the largest contiguous space currently available for lease in the building. Crestpoint plans significant improvements Place du Canada “is in great shape” but requires cosmetic and physical improvements. Crestpoint plans to make significant capital improvements, with upgrades to the elevators, lobby, common areas and tenant offices. Work will start this year and continue over several years, with the bulk of the renovations to be completed during the next five or six years. Miller considers Place du Canada to be a high-end, class-B-plus building but “we expect to operate to an A-class standard” once the renovations are completed. “It’s definitely an A-plus location.” Place du Canada is directly connected to the Métro at Bonaventure station and to Central Station through the underground network. It’s the second downtown Montreal building Crestpoint and Redbourne have worked on together. Redbourne has been managing and leasing Place Telus at 630 René-Lévesque Blvd. W., for which Crestpoint acquired a majority stake in September 2018.
  8. https://www.multihousingnews.com/post/manulife-investment-buys-montreal-property-for-105m/ Manulife Investment Buys Montreal Property for $105M Phases III and IV of EQ8 LaSalle comprises a pair of multifamily structures totaling 300 units.
  9. Not a lot of details, I have guessing Quartier Solar area. Image from coffragessynergy.ca
  10. This is just the proposal for Place Panama. There are more towers proposed for the Loblaws site also owned by First Capital.
  11. Something doesn't add up with the numbers from the ISQ. For example, the South Asian population of Quebec went down between 2016 (90,335) and 2011 (91,400) by over 1000. Yet according to this, between 2014 and 2018, just the Indian population alone would have grown by over 10,000 and then you would have to add Pakistani, Sri Lankan etc. I think that the numbers of demonstrative country of origin arriving to Quebec but not settling here. I would be willing to bet that a significant number of Chinese, Indian, Filipino and others are using the Quebec immigration program to then settle in Ontario, BC and Alberta. The local community populations have not seen anywhere near those levels of growth.
  12. https://www.index-design.ca/article/tour-pekuliari-paleofuturisme-litteralement-hors-des-sentiers-battus Tour PEKULIARI : paléofuturisme littéralement hors des sentiers battus Projets • 14 nov. 2019 Par Emilie Chiasson MU Architecture propose un projet résidentiel incomparable au coeur de l’immensité nordique de l’Outaouais. Complètement isolé, dans le milieu de la faune laurentienne québécoise, il s’agit d’une tour luxueuse de 48 étages et plus de 200 mètres d’altitude. Improbable, elle fait penser à un totem sur lequel la nature aurait repris ses droits. Rencontre avec les deux associés pour éclaircir cette idée étonnante qui fascine.