GDS

It hard to tell because the angle has changed - but the top looks slightly different

from Lemay

They've added some more renderings - i won't post them all since there are close to 30

Phase IV

On 2020-05-28 at 1:53 PM, GDS said:

I know there is a building that looks really similar to this already, but I can't place it because I have been confined for 90 days. Red brick and beige base I think.

Parlant de nuance, ce n’est pas avec un dictionnaire qu’on comprend la nuance d’une langue. Hideous en anglais et beaucoup plus familier que hideux l’est en français. Certainement que nous avons tous droit à nos opinions, comme trouvez mon commentaire exagérer est une opinion valide. J’ai quand même contextualisé avec référence a un architecte the renom d’où le style et passé date, mais il y a clairement inspiration (voulu ou non).

Je persiste, la proposition ressemble à un design 1965 Uno Prii avec matériel Hotel Montville.

Looks hideous to me - it reminds me on a Uno Prii design from the mid 60's.

I know there is a building that looks really similar to this already, but I can't place it because I have been confined for 90 days. Red brick and beige base I think.

Projet apprové ar le conseil d’arrondissement

Its WestCliff Group - it will be 50 years before these are built, along with 5 design changes.

Seems like the Square Victoria site, but the proposal must be ~2014 and before as Altoria and U3 are missing from the reflection

District Union: réinventer la vie de quartier

https://www.ledevoir.com/contenu-commandite/575783/district-union-reinventer-la-vie-de-quartier

^ 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

28 minutes ago, MHV17 said:

La fin globale de Solar Uniquartier est prévue pour quand?

2026

1 hour ago, FrancSoisD said:

Le proprio est sûrement décidé, après avoir payé de faramineux montants en taxes sur un terrain vide ces 2 1/2 dernières décennies! 😴

La balle est donc dans le camp de l'acheteur (ou des acheteurs) potentiel(s), qui voudront s'assurer de construire au max du potentiel d'un tel site. ⚾☝

Ça va goaler dans pas long sur ce terrain! 😎

Le stationnement souterrain génère un revenu grandement superieur au taxes

Smart Pixel marketing

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.

12 hours ago, denpanosekai said:

Also "Ste-Catherines" LOL

@GDS bro I'm drunk too. it's cool

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.

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.

This is just the proposal for Place Panama. There are more towers proposed for the Loblaws site also owned by First Capital.