Mondo_Grosso

20 minutes ago, mark_ac said:

I doubt this to be true. From a revenue perspective, the Per Sq Ft in Toronto is at least 1.5/2x of Montreal. Building costs don't vary materially.

Here is an excellent article about the rising costs of building materials  and labour in the GTA, as well as shrinking profit margins.

https://www.theglobeandmail.com/real-estate/article-toronto-condo-projects-teeter-on-collapse-amid-rising-costs/

Some quotes:

"There’s no single price for concrete and glass, but some industry insiders describe price hikes greater than 20 per cent from 2016, others suggest quoted prices for windows has been going up every month in 2018."

"Labour is in scarce supply; if you had 10 contractors available today to frame up your new house, you’d get a very good deal. If you can’t even get a contractor to give you a quote for the things you want to do, then you know the price is up.”

"[...]even though developers in 2018 can sell new condos in parts of Toronto for more than $1,000 per square foot, that increase doesn’t end up as profit in their pocket. “What’s followed suit is as soon as the trades understand you’re getting $200 more a square foot than you were getting two years ago, they are taking $50 right off the top" "

13 hours ago, mark_ac said:

I agree - but developers need to make profit greater than their cost of capital. Montreal is just not a high yield market that justifies top architecture. I would rather celebrate that investors from outside Quebec came to our city and created economic benefit for the local population. This speaks volumes.

Not true, it all scales according to market. Yes condos are sold for less here than in say Toronto, but land, materials, cost of living/wages are much more expensive there. In essence it would cost a lot more to make a clone of TDC2 in Toronto, as such CF would charge more.

Cadillac Fairview isn't doing our market a favor by selling condos cheaper, that's just the price range to make a similar profit that they do in other cities. 

Even if you guys don't like the McDo, it is a special one. It has a great architecture that emphasizes the large collection of Canadiens collectibles they have on display. It's a cheap alternative if you want to go out and eat and catch the game on one of their many screens. The owner is also very proud of the restaurant, I have a hard time believing he will get ride of it.

It is a business though, so if he could make a lot of money selling and potentially move to a good location, it could go. I would love to see it move to the large vacant area in L'avenue right in front.

3 hours ago, Rusty said:

Je me demande Si c'est pavilion des ventes

 

Non c'est un McDo

C'est vraiment un mini Griffintown:

On dirait qu'il y a de nouvelles rénovations:

I would like to see a small concert venue integrated to the ground floor, around 200 people standing capacity, at the corner of St-Catherine's and Bleury. Windows all around with those glass panel garage doors that open up to a terrace on St-Catherine's. That way people entering Place Des Festival see lights and hear the music, set the tone. This area is already used for pop up venues for all the festivals, the demand is there for festivals and other concerts. 

It could double as a Cafe in the day, venue at night. We already have a shopping center at Complexe Desjardins, give us something a little different.

On 2018-05-04 at 2:37 PM, ERJ-Boy said:

Bon bin reste plus que Montréal Trust a annoncer une réno.

Le Forum aussi, et ça presse! Sinon, complexe Desjardins, centre Eaton, centre d'achat PVM et maintenant Carrefour IA sont tous en mode réno.

Plusieurs affiches indiquent qu'il y aura une rénovation majeur à l'automne 2018. Il n'y a pas d'autres détails sur le projet, à surveiller...

Des tests de sol ont été faits récemment, ça devrait commencer bientôt.

C'est incroyable à quel point la démolition est proche du nouveau CHUM. Vraiment Pormerleau fait du bon travail!

12 hours ago, ScarletCoral said:

Le restaurant/café à l'intérieur
https://montreal.eater.com/2018/5/3/17315672/le-fantome-ssense-cafe-old-montreal-kabir-kapoor-jason-morris

The space has room for 34 people at a bar and on a custom-made communal concrete table. The design comes from David Chipperfield Architects, who worked on the whole store. It’s a very heavy design for a restaurant — while lots of grey concrete and chrome certainly fits with Ssense’s aesthetic, the “brutalism but in 2018” style may work a little better on the fashion side than for a restaurant or café. But you can’t fault the consistency, and mercifully, there’s a large clear roof up above to let light in, and to give a little levity to the whole “dining in a bunker” situation. 

I have a friend who started working in the restaurant, I'll try to see if she can get me a behind the scenes look to show you all.

I'm not sure I understand where exactly this will be. Will this be on parc Jean Drapeau or beside Molson brewery? 

La nouvelle entrée sera deux fois plus haute et plus large. Godd news, mais j'aimerais qu'ils aient un plan complet pour le bâtiment. Instead of eating away the concrete little by little, just convert it all to glass at this point...

10 minutes ago, IluvMTL said:

Something I learned at the public  consultation yesterday was that since this building does not require any major derogations, they do not have to contribute to the social housing fund. And they mentioned that this is maybe the last lot where this height is permitted.

This is not news,  we already know thay there aren't a lot of lots left that are zoned 200m. Did you understand it thay way, or did it seem like zoning height limits would be lowered?

1 hour ago, MtlMan said:

"No guarantee it will be like that in a few years"

Jeez, this guy is a genius. Thanks for the warning, dude. 

I laugh when journalists and people comment "is there really a market for more condos?" or "do we need more condos?" It's like they think developers are just guessing and not doing market research before investing millions of dollars. If it's being built than the answer is yes!

4 minutes ago, IluvMTL said:

Anyone going to the public consultation at 18h today?

Hmm, do I go to the consultation or go see Avengers? 

Certes, plus on se rapproche de la fin de la construction de YUL et Stanbrooke, plus on a de chances d'avoir des nouvelles.