Djentmaster001

Taxes aside, Quebec and Montreal's real estate market (like everything else here) is a Monopoly/Oligopoly of Quebec companies. Too many headaches for major international players. That CAN change, but there's too much lobbying/corruption/kickbacks and red tape in place.

Clearly, this city does not give a S**t about stopping this from happening time and time again.

LE GOUVERNEMENT DU QUÉBEC CONFIRME UN INVESTISSEMENT DE PRÈS DE 42 MILLIONS DE DOLLARS À LA ZONE AGTECH ET AU CENTRE DE RECHERCHE CIEL https://zoneagtech.ca/le-gouvernement-du-quebec-confirme-un-investissement-de-pres-de-42-millions-de-dollars-a-la-zone-agtech-et-au-centre-de-recherche-ciel/

Good start so far, I still think we should push for art to be incorporated in this area. We need a truly distinct and new vibrant area downtown.

Correct, I can tell you at PVM, a lot of floors have had small spaces renovated for new tenants. 5-10K sq ft, so very small but still something.

Wait to be seen, but I can tell you thay class A office space is where all the action is. Smaller leases but more confidence now.

5/5 Phunware, Inc. (PHUN) Expands Customer Base in Miami, Hawaii, and Montreal https://stockcoin.net/phunware-inc-phun-expands-customer-base-in-miami-hawaii-and-montreal/#Importance_of_Miami_Hawaii_and_Montreal_markets

Get ready for 4/4.... on fire 🔥 Alcumus has expanded to Montreal, opened a new office yesterday. IT company based in South Wales.

3/3 😉 Most Montreal Office Sublet Space Taken Off Market https://www.connectcre.ca/stories/most-montreal-office-sublet-space-taken-off-market/

Another 2/2 for MTLurb Crosslake Fibre Expands Network Services with New Point of Presence at Cologix Montréal Data Center https://finance.yahoo.com/news/crosslake-fibre-expands-network-services-140700014.html?guccounter=1

Blu Digital Group Announces Expansion Into Québec, Canada with Opening of New Montreal Operations https://www.mesaonline.org/2024/03/14/blu-digital-group-announces-expansion-into-quebec-canada-with-opening-of-new-montreal-operations/

It is, but the fact that it took three years just to confirm is wild.

Tata Consultancy comfirmed +500 new jobs for downtown Montreal... more than three years after plans were announced.

Quebec ending tax credits for the IT sector, that's gonna hurt big time. The CAQ has set us back so far, I don't even think we will recover this decade anymore, maybe longer now.

June 7th/June 8th at Jean Drapeau: Chainsmokers and Pitbull. Evenko and Google Pixel led.

Finally.... a 200 metre proposed https://ville.montreal.qc.ca/documents/Adi_Public/CA_Vma/CA_Vma_ODJ_LPP_ORDI_2024-03-12_18h30_FR.pdf

This city is doomed....

Name of the project is "Laurence"

I'm starting to think this city is truly cursed... just getting absolutely beaten to the ground lately..... https://montrealgazette.com/opinion/columnists/brownstein-reports-of-turmoil-at-just-for-laughs-have-comics-waiting-for-a-punchline/wcm/a442e2e2-be27-4f86-8c52-6bf762f3d909/amp/

Velan Studios is expanding with an international office https://www.bizjournals.com/albany/inno/stories/news/2024/02/26/velan-studios-montreal-video-games.html

Another L for the city, it's ruthless.... https://montrealgazette.com/business/local-business/mtl-intl Foreign direct investment fell 24 per cent in 2023, Montreal International says The 87 investments completed in the city in 2023 helped to create 5,983 jobs with an average salary of $97,500, Montreal International says. Published Feb 26, 2024 • Last updated 41 minutes ago • 1 minute read As Quebec works toward a goal of eliminating greenhouse gas emissions by 2050, Montreal International says it’s now focusing on projects that are sustainable. Photo by John Mahoney /Montreal Gazette Foreign direct investment into the Montreal area slumped 24 per cent last year as the global economic slowdown accelerated. Quebec’s biggest metropolitan area attracted 87 foreign direct investment projects worth $2.74 billion last year, Montreal International, the city’s non-profit investment promotion agency, said Monday. That’s down from a record 102 projects worth $3.58 billion in 2022. Data released in January by the United Nations Conference on Trade and Development show that foreign direct investment flows rose three per cent globally last year. Foreign investment into North America was flat, UNCTAD said. As Quebec works toward a goal of eliminating greenhouse gas emissions by 2050, Montreal International says it’s now focusing on projects that are sustainable or that meet essential needs in strategic value chains. Cleantech and environmental services projects set new highs in 2023, the agency said. Cleantech investments hit $643 million, or 24 per cent of the total projects supported by Montreal International last year. Investors include German logistics and shipping company DHL, which picked Montreal to start the electrification of its nationwide vehicle fleet, and Norwegian recycling company Tomra, which acquired equipment to improve recovery processes. Combined, the 87 new investments completed in 2023 led to the creation of 5,983 jobs with a record average annual salary of $97,500, Montreal International said. In 2022, the total was 8,287 positions with an average salary of about $88,000. This story will be updated. ftomesco@postmedia.com

At this point, I'm just ready to scrap the park, demolish/relocate the rides and just make it a new downtown neighbourhood. We have Canada's Wonderland 6H away for entertainment, that's becoming a 365 day destination park anyways

Condor and Gravitor have been removed from the park, the ride purge continues.... Le Monstre is having some re-tracking done, not RMC or GCI track. The CF/SF merger got delayed, but I'm praying that does wonders for the park. If not, it's either the city breaks the lease for new owners, or the park closes and everything gets scrapped.

Milanchase launched an office here at the Sunlife building. Locally based, but their first physical office.

Project is called "Finale" https://www.liveatfinale.com/?fbclid=PAAaaBUPvZXirmWDEbBII4phr7jaPaWCERBh96kBIY-y9s0JY7MRrFVK7xwiY