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mcgill101

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Messages posté(e)s par mcgill101

  1. I forget who said it/on which thread, but there was mention of a "plan" (using the quotations because I'm sure it's very vague) to move the autoroute 10 away from the Secteur Est. Does anyone know of this? If it were possible, this could be a major development for the city - prime waterfront land in close proximity to downtown. 

  2. 1 hour ago, MtlMan said:

    Brocco est efficace. Autant que CF. Et pas mal plus intéressé par la qualité de ses produits. No 1 in my mind.

    I can attest to that. Having lived in both CF and Broccolini buildings, it's 100% clear that Broccolini builds with superior quality.

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  3. 2 hours ago, deeworks said:

    Le 5 mars

     

    44AF580D-083B-4FE9-A4C5-1D7AD1978D4E.jpeg

    This one actually turned out a bit more interesting than its rendering. 

    I also feel that once Laurent&Clark is complete, and some other buildings inevitably pop up around it, the area will look interesting given that these aren't super generic buildings. 

    • Like 4
  4. 1 hour ago, santana99 said:

    Mon commentaire, acpnc, se voulait sarcastique. Cette entreprise ne m'a jamais prouvé jusqu'à maintenant qu'elle était capable de la moindre créativité dans ses projets. Devimco pour moi est synonyme de médiocrité.

    Je suis entièrement d'accord avec toi, mais pourtant, les gens continuent à acheter leurs unités! 

    J'aimerai voir des projets de Broccolini dans ce quartier. On en a besoin d'audace dans ces développements. 

    • Like 1
  5. 21 hours ago, Rocco said:

    La LHL sera divisée en 2 résidences de grand luxe. 

     

    C'est une meilleure idée que de le garder comme une maison unifamiliale, mais ça sera toujours difficile à vendre. Cela aurait pu faire un bel espace pour des bureau.

  6. If the population of the city (and by that I mean the downtown core) continues to increase, I don't think that commercial arteries will suffer as much as people think. The biggest problem that I have with this development is the traffic nightmare that it will bring to the area. As mentioned many times in this forum, that part of the city is a traffic nightmare. I hardly think that an overpass to the de la Savane metro and shuttles to the REM will alleviate any traffic brought on by this project... 

    I also find it odd that a residential component is not part of the initial plans. Given that it's aiming to be a "destination" rather than just a mall, I would have thought that they'd have plans for housing rather than 5 hotels. 

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  7. 14 hours ago, acpnc said:

    Il faudra bien un jour mettre de l'ordre dans tout ça, car c'est clairement une forme de compétition déloyale pour les hôtels et un manque à gagner pour les différents paliers de gouvernements. Quant aux véritables résidents, en plus de perdre leur tranquillité, ils risquent de perdre la valeur de leur propriété avec le temps.

    Je suis entièrement d'accord avec vous. Cependant, dans le cas des TDC, les acheteurs étaient tous conscients de cela lorsqu'ils ont acheté leurs unités (ou du moins, l'information leur était disponible). Je pense qu'il y a une place pour Airbnb dans la ville, tant qu'elle n'a pas un avantage injuste par rapport aux hôtels.

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  8. These buildings will always have buyers as long as they allow AirBnb's to operate in them. From what I've heard, the TDC1 is a hotel with no rules. People are constantly coming and going, not respecting the facilities and public spaces, and it's a headache for residents. 

    The other buildings (Rocca, Avenue, and Icone I believe) do not allow short-term rentals. 

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  9. Not sure if this article has been posted in another thread, but it seems relevant here:

    Note: "Krispine said there’s now a shortage of large spaces available in downtown Montreal" and “Now, companies take bigger spaces, so they’re paying for more square footage, knowing that they’re going to be growing,” Krispine said. “That’s very different; people were way more cautious last year and the year before.”

    Perhaps these stats will send CF back to the drawing board on 750 Peel

    Montreal office rental market heating up, CBRE says

    The real estate management and investment company says the downtown core could soon be a landlord’s market.

    Published on: February 5, 2018 | Last Updated: February 5, 2018 6:00 AM EST
    null

    Office building. image.jpegJOHN KENNEY / MONTREAL GAZETTE

    After years of flat — and sometimes falling — office rental rates, Montreal’s downtown core could soon be a landlord’s market, according to a new report by real estate management and investment company CBRE. 

    “I’ve rarely seen such a great buzz in the city as we’re seeing right now,” said Avi Krispine, the executive vice-president and managing director of CBRE’s operations in Quebec.

    In 2017, Montreal set a new record for net absorption, according to CBRE. That’s a measure of tenant demand used in the commercial real estate industry, calculated by subtracting the amount of space vacated by tenants from the amount of newly leased space. 

    The real estate company said there was over 1.93 million square feet of positive net absorption in Montreal in 2017.

    The previous record, set in 2007, was 1.8 million square feet.

    That’s a sign that demand is increasing, the company said. 

    Much of that is happening in downtown Montreal. 

    “This is really related to the downtown core,” Krispine said. With a strong local economy, business leaders are “confident that they are going to be growing.”

    In the past, he said, companies would rent the space they needed with options to expand, such as a right of first refusal for additional space in the same building.

    “Now, companies take bigger spaces, so they’re paying for more square footage, knowing that they’re going to be growing,” Krispine said. “That’s very different; people were way more cautious last year and the year before.”

    Year over year, the office vacancy rate fell one percentage point, to 12.8 per cent, Krispine said. However, it rose from the third quarter — the result of new supply, like Maison Manuvie, coming on the market.

    Asking rents were up 4.8 per cent, year over year, to $22.22 per square foot for Class A office buildings in downtown Montreal.

    Gross rents rose around one dollar, year over year, Krispine said. 

    “Over the last many years, rent was pretty stable, if not going downwards,” he said.

    Krispine said there’s now a shortage of large spaces available in downtown Montreal.

    He added that he expects these trends to continue.

    In the industrial leasing market, a lack of supply has pushed vacancy rates down, Krispine said.

    “In Laval, in Q4, we’re talking about a vacancy rate average of 3.7 per cent. This is unheard of,” he said.

    Increasingly, there’s more activity on the North Shore, as far as St-Jérôme, as well as in the West Island and in Vaudreuil, he said. 

    “Not too long ago, if you left the core of the industrial park in St-Laurent, people were getting turned off,” he said.

    There are also industrial developments, including a new Molson brewery, planned for the South Shore.

    “Already, the South Shore is a very, very tight industrial market. The vacancy rate has always been very low there,” Krispine said. 

    http://montrealgazette.com/business/local-business/real-estate/montreal-office-rental-market-heating-up-cbre-says

     

    • Like 1
  10. On 2/3/2018 at 5:08 AM, Mondo_Grosso said:

    I'm truly sorry to hear about the situation you are in. Besides the people on the forum who follow the delays and just really want to see a new building finished,  there are people like you who have actually invested and who's life's center around this.

    I highly recommend you approach the media about this story. Speak to both the French and English media, I know that CJAD 800 love's these personal stories.

    Bad publicity like this story could be disastrous for a promotters next projects sales, it could definetly shame them in to compensating you all to save face.

    Good luck, please keep us updated!

    I would also add that one of the main developers of this project, Daniel Revah, is a shady businessman with a bad track record. He was also behind the Redfern project in Westmount, which also suffered severe delays. Both projects had very high costs overrun and he was forced to seek additional funds from an outside investor.

    It's definitely important to know who you are buying from and to have a solid understanding of the people behind a project. Going forward, I would be very hesitant about any project that this man is involved in. 

  11. 20 hours ago, Rocco said:

    Le quartier sera littéralement défiguré par les logements sociaux et leur architecture soviétique. 

    Agreed that some of the buildings going up are quite ugly - but there is still an enormous amount of space to be developed in Griffintown. We can still have hope that the best is yet to come! 

  12. 3 hours ago, acpnc said:

    Texte impeccable en anglais avec traduction bâclée en français. Quand il faut lire le texte anglais pour s'assurer d'avoir bien compris celui en français, on réalise qu'il y a un sérieux problème de communication avec la langue de la majorité de la population du Québec.

    Cela traduit un manque flagrant de respect en matière de langue officielle, en ne traitant pas le français avec la même rigueur que l'anglais. Pire je dirais qu'ici c'est clair que l'anglais a eu préséance sur le français et que cette dernière a été affichée à titre de compromis seulement.

    Un comportement inacceptable, surtout avec tous les outils modernes à notre disposition aujourd'hui. Après on dira que la langue française n'est pas en danger à Montréal. Finalement on n'est jamais bien loin de l'esprit du temps où on se faisait répondre en anglais dans les grands magasins du centre-ville.

    Je n'ai plus de tolérance pour ce genre d'attitude révoltante qui nous ramène toujours au fait que l'on doive sans cesse quêter l'usage de notre propre langue chez nous. Que ce soit sur Kijiji ou toute autre plateforme ne fait aucune différence puisqu'on est dans un espace public. Il y a de quoi demeurer farouchement nationaliste...

    I would hardly say that the English text is impeccable. Whoever posted the ad clearly spent very little time and effort - both in the English and French section.

    You have the right to hold your political views, but I don't think that a real estate forum is the place to preach dated (and disproven) theories about the status of the French language.  

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  13. The reason that it took so long is that the promoter (same as the Redfern in Westmount, and the new project in Outremont) had to secure funding from another source... Not the most trustworthy developer. The only reason this project and the Redfern were successful was the outside infusion of cash

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