_mtler_

Such bad journalism wow - la plus haute tour residentielle à....120m! lol http://www.lapresse.ca/affaires/economie/immobilier/201803/01/01-5155702-la-tour-des-canadiens-3-le-debut-des-travaux-est-devance.php Publié le 01 mars 2018 à 08h12 | Mis à jour à 08h12 La Tour des Canadiens 3: le début des travaux est devancé Le marché des copropriétés ne dérougit pas au centre-ville. Cadillac Fairview et Canderel procèdent ce matin au début des travaux de construction de la Tour des Canadiens 3 (TDC3), dans le voisinage du Centre Bell, au centre-ville de Montréal. Le feu vert au projet avait été donné en octobre. À l'époque, les promoteurs parlaient de lancer les travaux quelque part en 2018, mais certainement pas en mars. « C'est plus tôt que prévu de quelques mois, a reconnu Daniel Peritz, vice-président principal chez Canderel, dans un entretien. Nos préventes vont suffisamment bien pour qu'on puisse devancer le début des travaux », ajoute-t-il, sans préciser le pourcentage d'unités vendues. Habituellement, les promoteurs lancent la construction quand les ventes et préventes d'un projet franchissent le cap des 50 %. Signe du dynamisme du marché : les ventes de copropriétés existantes au centre-ville de Montréal ont bondi de 22 % au 4e trimestre, révèle le Baromètre du marché résidentiel préparé par la Fédération des chambres immobilières du Québec. LA PLUS HAUTE TOUR RÉSIDENTIELLE DE MONTRÉAL La TDC3 comptera 55 étages et culminera à 120 mètres de hauteur. Elle deviendra la plus haute tour résidentielle de Montréal. Au plus fort des travaux, environ 600 travailleurs s'activeront sur le chantier de 567 logements qui devrait prendre fin en 2022. En incluant les deux premières tours qui l'ont précédée, Cadillac Fairview aura construit 1712 logements entre 2013 et 2022, en plein coeur du centre-ville. En dépit des difficultés qu'ont connues des occupants de la tour numéro 1 avec certains clients Airbnb, le promoteur n'entend pas interdire la location à court terme à la TDC3.

http://journalmetro.com/local/ahuntsic-cartierville/actualites/1426018/un-comite-pour-le-projet-du-site-louvain/ Un comité de pilotage pour le projet du site Louvain Le projet immobilier sur le terrain municipal du site Louvain connaît une évolution. Le milieu communautaire d’Ahuntsic travaille à la mise sur pied d’un comité de pilotage composé d’experts et de personnes engagées dans la communauté pour trouver le meilleur modèle de gestion du développement. Ce comité devrait être présenté aux élus le 15 mars. Le site de l’ancienne cour de voirie de la Ville de plus de 800 000 pieds carrés sur la rue Louvain Est, entre la rue Saint-Hubert et l’avenue Christophe-Colomb, doit servir à un projet immobilier totalement nouveau. Le terrain est revendiqué par le milieu communautaire pour construire plus de logements sociaux et abordables. Solidarité Ahuntsic, la table de concertation du quartier avait demandé à la ville de lui céder le leadership sur ce dossier afin de développer un projet collectif communautaire et organique sur le site Louvain. L’élection en novembre du parti Projet Montréal à la tête de la Ville a rendu ce souhait réalisable. Même Émilie Thuillier, mairesse d’Ahuntsic-Cartierville, a intégré dans son plan stratégique 2018-2021 le développement du site Louvain, «réalisé avec et par la communauté». Or, à ce jour, aucune structure de gestion de ce projet n’a vu le jour. Un premier groupe de réflexion avait commencé à faire des propositions avant que ne se dessine la volonté du milieu communautaire à mettre en place un comité de pilotage avec un mandat clair et des membres identifiables et engagés. Ce dernier sera sous la responsabilité de la table de concertation Solidarité Ahuntsic. Il permettra de créer la structure qui sera maître du projet, qui intégrera la vision des citoyens et les mécanismes de reddition de compte. Il pourra recourir à des experts pour l’aider à élaborer dans les meilleures conditions le modèle de gouvernance qui reste à inventer. Actuellement, les projets immobiliers doivent intégrer dans le cadre de dérogations 15% de logements sociaux et 15% de logements communautaires. Projet Montréal souhaite porter ce taux à 20% pour chacune des catégories. Sur le site Louvain, on veut aller beaucoup plus loin. Les besoins locaux sont estimés à 1000 logements sociaux et communautaires. Il faudra y construire un nombre important de logis, mais aussi un centre communautaire, une bibliothèque, une école et un CPE.

Mmmm Bar-B-Barn

the biggest sham in human history

http://www.cbc.ca/news/canada/montreal/royalmount-mall-montreal-quebec-tmr-1.4551303 Royalmount is about to transform Montreal. Who should get a say in the project? Carbonleo plans to break ground on a $1.7B mega-mall this year, even though Plante administration has concerns By Benjamin Shingler, CBC News Posted: Feb 26, 2018 4:00 AM ET Last Updated: Feb 26, 2018 5:30 AM ET It will span an area larger than 40 football fields and feature restaurants, entertainment venues, office space, a hotel and plenty of stores. At that size, the Royalmount mega-mall — a development planned at the junction of Highways 15 and 40 — will, for better or worse, have a seismic impact on the surrounding area and the retail landscape of Montreal as a whole. The project's backers say it will offer a unique shopping experience on the island. Critics, though, predict it will create traffic woes and eat into the profits of downtown shops. It was the Town of Mount of Royal alone that had the power to approve the $1.7-billion project, and its town council has already given the go-ahead. The developer announced last week it will break ground later this year. Yet given the potentially wide-ranging consequences for Montrealers, some wonder if the City of Montreal, and the surrounding municipalities, should also have a say in whether the mega-mall goes ahead? Raphaël Fischler, an urban planning professor at McGill University, puts the question this way: "The main issue that this project raises is this: is it OK for a municipality to make a land development decision on its own when that decision will have major impacts on surrounding municipalities?" Traffic, impact on small businesses among key concerns Projet Montreal was against the project before it took power last fall, and remains skeptical about how it will affect the city. "There were serious concerns about the impact on traffic and the impact on the commercial vitality of the city," Éric Alan Caldwell, a Projet councillor responsible for planning and transport on Montreal's executive committee, told reporters earlier this week. "We still have those same concerns." Projet Montréal's Luc Ferrandez, borough mayor of Plateau-Mont-Royal, was blunt when the mega-mall was first announced, saying it would multiply traffic and pollution problems as well as hurt the local economy. "Montreal is at a turning point. We have to choose between our own identity … or accepting an American way of life, and maybe a Dubai way of life," he said in 2015. Whether or not the city comes around, the developer — Carbonleo — maintains it can go ahead with the project because it falls squarely within TMR land. According to Caldwell, though, the agglomeration council, which is comprised of the City of Montreal and the other municipalities on the island, does have authority when it comes to impact on traffic and retail outlets nearby. "We met with the promoter to share our concerns and we are in dialogue," Caldwell said. Developer ready to go ahead Andrew Lutfy, president and CEO of Carbonleo, said he wants Montreal on board, even if he doesn't believe it's necessary. "At this point, they are really just digesting the project and I guess they are going to come back to us," he told reporters earlier this week. Carbonleo isn't new to this kind of project. It is also the developer behind Quartier DIX30, a sprawling development in Brossard on Montreal's South Shore. That complex, he said, succeeded in luring shoppers from the island. An estimated 15 per cent of DIX30's revenue comes from Montreal residents, Lutfy said during speech at the Canadian Club of Montreal. At the same time, he tried to downplay concerns that Royalmount would hurt small businesses or the downtown core. Carbonleo believes in the future of downtown, he said, and is putting $500 million into a commercial project on Ste-Catherine Street near Mountain. He also said there will be measures introduced to reduce the impact on traffic at the already busy Décarie Interchange, including multiple entrances and exits away from the highways. A planned footbridge linking the centre to de la Savane Metro station is also in the plans. Lutfy estimates as much as one third of clients will come by public transit. Regional approval? Fischler said the "law is on TMR's side for now, and one can understand why a municipality doesn't want to give up some of its autonomy in land-use decision-making." But, he pointed out, the Quebec government has in the past taken away municipal autonomy in order to protect agricultural land. In Europe, he said, many European countries have instituted legislation that subjects large suburban developments to higher-level control in an attempt to limit the damage that suburban retail can do to downtown retail. "Perhaps the law in Quebec should be changed to reflect the fact that some local planning decisions have regional impacts and should be managed at the regional level?" The office of Martin Coiteux, the minister responsible for the Montreal region, did not immediately return a request for comment Sunday.

Received by email

Epouvantable, le bunker etait mieux

More potential shoppers to satiate the beast that is Royalmount

Ce projet m'a échappé...fil svp?

http://www.lapresse.ca/affaires/economie/immobilier/201802/20/01-5154517-le-royalmount-sera-aussi-un-pole-hotelier.php Publié le 20 février 2018 à 07h07 | Mis à jour à 07h07 Le Royalmount sera aussi... un pôle hôtelier Dans une première phase, d'une valeur de 1,2 milliard de dollars, on construira une demi-douzaine d'établissements hôteliers totalisant plus de 1000 chambres sur le site du Royalmount. Carbonleo a annoncé hier que son centre commercial Royalmount sera aussi appelé à devenir un pôle hôtelier regroupant plus de 1000 chambres. Et le promoteur a martelé que les travaux de construction commenceront dès l'été prochain pour une ouverture en 2022. Son président et chef de la direction, Andrew Lutfy, prenait la parole devant 320 personnes au Cercle canadien de Montréal à l'hôtel Sheraton, au centre-ville, hier midi. Dans une première phase, d'une valeur de 1,2 milliard de dollars, on construira une demi-douzaine d'établissements hôteliers totalisant plus de 1000 chambres, a signalé le maire de Mont-Royal, Philippe Roy, dans une mêlée de presse suivant l'allocution de M. Lutfy. Ce dernier a précisé aux journalistes qu'il travaillait en étroite collaboration avec Aéroports de Montréal. Au sujet de l'allocution de l'homme de 53 ans, disons qu'il n'en a pas dit beaucoup plus que ce qui était déjà connu. Il n'a rien dit sur le financement du projet et a refusé de répondre à une question portant sur le pourcentage de la superficie qui est déjà sous bail. Le centre ouvrira en 2022, a-t-il néanmoins assuré. « Le zonage est en place, dit-il. Nous avons l'appui de la Ville de Mont-Royal. Techniquement, nous n'avons pas besoin du feu vert de la Ville de Montréal ni de l'agglomération de Montréal pour aller de l'avant, mais nous avons quand même présenté le projet au cabinet de la mairesse Plante il y a une ou deux semaines. Ils sont en train de se faire une tête, et je m'attends à ce qu'on nous contacte à nouveau. » TRENTE MILLIONS DE VISITEURS PAR AN Outre des hôtels, le Royalmount, qui s'étend sur 3,5 millions de pieds carrés, comprendra un parc aquatique, une piazza, des restaurants, deux salles de spectacles, un cinéma, un bar-sportif « réinventé », un marché public et des tours de bureaux. On ne connaît toutefois pas la superficie du projet qui sera consacrée aux magasins et boutiques. M. Lutfy, qui préside aussi le Groupe Dynamite, s'attend à recevoir 30 millions de visiteurs par an, ce qui ferait du Royalmount l'un des centres commerciaux les plus courus du Québec, devant le DIX30 et le Centre Eaton. D'après lui, Royalmount, un projet de 1,6 milliard, est bon pour Montréal, car il va colmater les fuites commerciales des Montréalais vers le DIX30, sur la Rive-Sud, et le Centropolis, à Laval. Propriétaire du DIX30, Carbonleo estime que 15 % de la clientèle des 65 restaurants du centre commercial proviennent de l'île de Montréal et de L'Île-des-Soeurs. TAXE FONCIÈRE ET CONGESTION ROUTIÈRE Les retombées en taxe foncière se chiffreront à 40 millions par an, somme qui serait partagée moitié-moitié entre Mont-Royal et l'agglomération. Le budget annuel de Mont-Royal est d'environ 90 millions. M. Lutfy est aussi revenu sur la question de la congestion routière. Sur la base d'une étude de la firme WSP, il ne croit pas que son projet empirera la congestion dans le secteur. Au contraire, il pense qu'avec des mesures ciblées, de concert avec le ministère des Transports, la situation s'améliorera. Il entend utiliser une partie de son terrain en façade de Côte-de-Liesse pour agrandir la voie de desserte. RÉACTIONS DE LA VILLE DE MONTRÉAL Farouchement critique du projet Royalmount du temps où il formait l'opposition, Projet Montréal dit toujours avoir de sérieuses réserves maintenant qu'il est au pouvoir. « On avait des préoccupations sérieuses quant à l'impact sur la circulation et la vitalité commerciale. On reste avec ces mêmes préoccupations », a indiqué Eric Alan Caldwell, élu responsable de l'urbanisme et des transports. L'administration Plante a rencontré récemment le promoteur « pour ouvrir un dialogue ». Il n'est pas tout à fait clair si Montréal peut s'opposer à la construction du Royalmount, puisqu'il se trouve sur le territoire de Mont-Royal. Certaines responsabilités relèvent toutefois de l'agglomération, dont la circulation et la vitalité commerciale. « Et autant de circulation dans ce secteur est un réel problème », a fait savoir M. Caldwell. - Avec Pierre-André Normandin, La Presse

http://provencherroy.ca/fr/projet/passerelle-royalmount-architecture-urbanisme/

Believe it or not, it's packed to full capacity during the day. Tremendous opportunity nevertheless.

Anyone able to download the report?

https://www.bloomberg.com/news/articles/2018-01-31/rich-folks-are-fleeing-london-and-lagos-wealth-report-shows Rich Folks Are Fleeing London and Lagos, Wealth Report Shows January 30, 2018, 7:28 PM EST Updated on January 30, 2018, 10:19 PM EST New taxes, Brexit are factors in first big outflow from London Cities seeing inflows include Auckland, Dubai, Montreal Wealthy Londoners are leaving the city as new taxes make it expensive to inherit and invest, and as Brexit prompts rich Europeans living in the U.K. capital to return home. This puts the British financial hub in the same category as Lagos and Istanbul, which are also seeing net outflows of rich people, according to the Global Wealth Migration Review published this month. About 5,000 high net-worth individuals left the U.K. during 2017 and only about 1,000 arrived, the report shows. “Over the past 30 years, the United Kingdom has been one of the biggest recipients of migrating HNWIs,” the report said. “However, this trend changed in 2017 when the country experienced its first major HNWI net outflow.” Wealthy Exodus Rich people are opting to leave Lagos and London for Auckland and Dubai Losing wealthy individuals is normally a sign of trouble in the political economy of a country. Rich people are often the first people to leave, because they can -- unlike the middle class or the poor. Cities that saw large inflows of HNWIs include Auckland, Dubai, Montreal, New York, Tel Aviv and Toronto, the report showed. New World Wealth says it focuses only on HNWIs who have truly moved -- that is, those who stay in their new country for more than half the year. China and India continue to dominate countries that the rich are moving out of, but once the standard of living improves several wealthy people will probably return, according to the report. Moving Out Rich Chinese and Indians opt for the U.S. or Canada, Russians also choose the UK and CyprusMumbai -- India’s financial hub -- is expected to be the fastest-growing city in terms of increase in wealth over the next decade. Wealth in the entire country is predicted to triple in the period to about $25 trillion followed by China’s 180 percent increase to $69 trillion, according to the report. The U.S. will expand 20 percent but still tops the holdings list with $75 trillion of wealth. Total private wealth held worldwide amounts to about $215 trillion, according to the report. While the average person has net assets of $28,400, there are some 15.2 million HNWIs in the world, defined as those with net assets of $1 million or more. Russia is the most “unequal” country, where 24 percent of total wealth is held by billionaires. Japan is the most equal, with only 3 percent controlled by billionaires.

Indeed. That was a slip, comment retracted.

To add insult to injury, he has the audacity to tell montrealers to stop whining about Plante’s recent tax hike and he lives in...Charlevoix. Makes me laugh Back to this project. Private Montreal company, taking large financial risks to invest in a barren wasteland. We should encourage these guys 100%. And I disagree that it will cannibalize downtown stores. In fact I believe this project will keep montrealers on the island specifically 1) those north of the 40 that go to carrefour laval 2) those south of the 20 that go to dix30. Add a substantial residential apartment/condo component to this project, and consider the influx of new construction in saint laurent, triangle, westbury, hippodrome (hopefully) and this area is set to become “uptown”. And traffic...whatever. We live in a big city and that’s life. Move off island

http://www.cbc.ca/news/canada/montreal/metro-blue-line-deadline-approaching-1.4540236 Time is ticking for Metro's Blue line extension to Montreal's east end Government has land on reserve for expropriation, but reserve expires in April and is non-renewable Time is running out for the provincial government to announce the extension of the Metro's Blue line toward Montreal's east-end boroughs of Saint-Leonard and Anjou. Quebec has several properties on reserve for expropriation along Jean Talon Street, between Pie-IX and des Galeries d'Anjou boulevards. The problem is the reserve expires in April — and legally, it cannot be renewed. "We are truly going to find out in April 2018 whether this Metro goes ahead or not," said Frank Cavaleri, owner of a building at the corner of Jean-Talon and Lacordaire boulevards which houses a Pharmaprix and a medical clinic. The government has his building on reserve while it decides whether one of the exits to the new Lacordaire station on the Blue line will be there, or in the park across the street. Cavaleri wants to stay put. "There's a pharmacy [here], there's a medical clinic, and there's a medical centre with doctors in it, which serves the old age population." So Cavaleri is gathering signatures for a petition, calling for the Metro station exit to be located in the park and designed like the one in Square Victoria. "It's a toss-up right now, but the city, the borough of Saint-Leonard is fighting the expropriation, and they're saying we don't want to put the metro in the park, because there's mature trees." Five stops are planned as part of the extension from the corner of Pie-IX and Jean Talon boulevards, eastbound to des Galeries d'Anjou Boulevard. Currently, the area is served by bus route 141, which is one of the five busiest routes in the city. CBC contacted the borough. It says it is waiting for a decision from the province. Meanwhile, Quebec Transport Minister André Fortin would only say the extension is a priority. "It's a project we want to see go ahead as quickly as possible, we want to see work done as quickly as possible, and we'll be able to come back to you with more details shortly," Fortin said. Until then, Cavaleri says he's waiting to see the Blue line extended in his longtime neighbourhood, but he's not holding his breath. "It is 32 years after and, you know, I don't think I'll be here before the Metro goes up."

https://renx.ca/montreals-carbonleo-lays-royalmount-mega-project/ Montreal’s Carbonleo lays out Royalmount mega-project Danny Kucharsky | Property Biz Canada | 2018-02-15 Carbonleo’s massive Royalmount mixed-use mega-project, which it plans to build at the busy intersection of Highways 15 and 40 in the heart of Montreal, will include 3.6 million square feet of commercial space. To be built on an 85-acre site, the project will feature nearly 200 stores, 1.5 million square feet of office space, five hotels, a public square and a number of entertainment choices. It will attract an estimated 30 million visitors a year. The project “will allow for the redevelopment of an area that is an industrial wasteland,” in the heart of the island of Montreal, says Claude Marcotte, executive vice-president, development and construction at Carbonleoe. Marcotte was speaking at the Quebec Apartment Investment Conference in Montreal on Tuesday. Will include $20-million pedestrian overpass Quebec’s transport ministry, the city of Montreal and Town of Mount Royal have just given their approval to Carbonleo to build a $20-million pedestrian overpass over the Décarie Expressway (Highway 15) that will link Royalmount to the De la Savane Metro station, Marcotte says. “The presence of the Metro is one of the most important elements of the project,” says Marcotte, noting it will be used by 10 to 12 million visitors a year to access Royalmount. Costs for the overpass will be fully borne by Carbonleo. The overall project has not yet received approval from the City of Montreal but has been supported by the neighbouring Town of Mount Royal where most of the land is situated. Royalmount was denounced by Montreal’s governing Projet Montréal party when it was in opposition. The party, which won last November’s municipal election, previously compared the project to the Quartier Dix30 entertainment district on the South Shore of Montreal (which was developed by several of the executives behind Carbonleo). It contended the project would harm retail nearby and add even more traffic to one of the most congested areas of the city. Marcotte says Carbonleo met with the City of Montreal’s executive committee last week and the city is now analyzing the project. “I think it should go well,” he says of talks with the city. May include residential component A residential component may be added to the project, something Marcotte calls “an important if not essential element” for the success of a project of its kind. If a residential component gets the go-ahead, multi-residential apartment units would likely be favoured, given the mobility of new generations, Marcotte says. Carbonleo consulted with Cirque du Soleil, Peter Simons of the Simons department store chain and renowned chef Normand Laprise of Toqué restaurant, among others to determine the “special recipe” that will make the project a go-to destination for future generations. The entertainment component will include two concert halls with room for 7,000 attendees which will be managed by concert promoter Evenko, an aquarium, water park and movie theatres. In addition, a public market will showcase local produce and events throughout the year in the public square. Royalmount will have several “first-to-market” elements with banners not yet in the Quebec or Canada markets. 12 entry and exit points There will be 12 entry and exit points to Royalmount and a smart parking system, as well as a shuttle to Pierre Elliot Trudeau International Airport and the new REM light train. About 4,000 people will work daily at the site. Marcotte says Carbonleo has discussed hotel needs with Aéroports de Montréal, which operates Trudeau Airport. Passenger traffic at Trudeau has been growing and the airport is a 10-minute drive from Royalmount. Carbonleo will team up with equity partners to obtain between $500 and $750 million in financing for the project, Marcotte says. Without providing further details, he named major players like Cadillac Fairview, Oxford and Ivanhoé Cambridge as possible partners. Marcotte says Carbonleo examined market trends and toured projects in Dubai, England and the U.S. in planning the project, which the company hopes will become the No. 1 commercial and tourist destination in Montreal. Carbonleo notes the neighbourhood near Royalmount is being transformed from a former industrial area into the Le Triangle neighbourhood with 4,000 housing units, the Le Westbury housing project (1,000 units), Le Rouge condos (1,000 units ) and a planned 8,000 housing units at the site of the former Blue Bonnets racetrack. Founded by former Devimco partners Carbonleo, which has 50 employees, was formed in 2012 by former Devimco partners who developed the Quartier Dix30. The company is also developing the $500-million Four Seasons Montreal in downtown Montreal, next to the Ogilvy department store on de la Montagne and Ste. Catherine Streets. Located on the site of the former Hôtel de la Montagne, the 18-storey building will have 166 hotel rooms and 18 luxury condos and is slated to open in March 2019, with a soft opening this Christmas. “It will be one of the most beautiful Four Seasons in the world,” Marcotte says, adding half of the condos have been sold “at a completely ridiculous price” of $1,700 to $1,800 per square foot.