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Chris1989

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    Tour des Canadiens - 50 étages

    dans Complétés

    Posté(e)

    http://www.theglobeandmail.com/report-on-business/economy/housing/the-real-estate-beat/sports-themed-condos-score-with-canadian-public/article24130309/

     

    As die-hard Montreal Canadiens fans, Lina Cosentini and her husband, Peter, own season tickets, time their winter vacation to coincide with Canadiens games in Florida and watch games at home on arena seats salvaged from the old Montreal Forum.

     

    So when Ms. Cosentini’s brother-in-law mentioned there was a Habs-themed condo project going up next to the Bell Centre in downtown Montreal, it didn’t take her long to decide she had to buy.

     

    “This is part of history,” Ms. Cosentini said.

     

    “I just had to be a part of it, especially because we love, love the Habs.”

     

    The condo is part of a mixed-use development partnership between the Canadiens hockey club, builder Canderel Group of Companies and Cadillac Fairview Corp., the real estate arm of Ontario Teachers’ Pension Plan. Dubbed Tour Des Canadiens, it trades heavily on Montrealers’ passion for the storied NHL franchise.

     

    Canderel launched preconstruction sales at a private event for season ticket holders at centre ice of the Bell Centre. Habs legend Guy Lafleur signed on as the project’s spokesman and the builders wooed buyers with the promise of advanced access to game tickets, exclusive viewings of practice sessions and a private skate on the ice.

     

    In a city already saturated with condo projects, the Canadiens tie-in helped draw nearly 600 people to the builder’s two-day sales launch.

     

    A project of that size could typically expect to take six or seven years to sell out in Montreal’s soft market, said Canderel’s vice-president of sales and marketing, Riz Dhanji, but Tour Des Canadiens sold out its 500 units in a matter of months and eventually added two extra floors.

     

    “They say in Montreal that the first religion is the Catholic church and then there’s the Canadiens,” Mr. Dhanji said. “At least 50 to 60 per cent of the sales process was due to the brand. A lot of people bought because they wanted to be close to the Canadiens.”

     

    As Canada’s condo market is starting to mature, several cities are seeing a wave of sports-themed condo projects as developers look to distinguish themselves amid a glut of new supply.

     

    Some are jumping at the chance to tap into a wave of new downtown arena construction. Local sports franchises are likewise looking for new ways to exploit both their brands and their real estate holdings through mixed-use developments.

     

    In Edmonton, the Katz Group, run by billionaire Oilers’ owner Daryl Katz, is planning a massive downtown development complete with an arena, hotels, offices and two residential towers. Developer Urban Capital is building a condo project across from Winnipeg’s MTS Centre, home of the Jets.

     

    Ottawa is reviving its CFL franchise, the RedBlacks, with the help of a new condo project being built by Minto Group Inc., whose executive chairman, Roger Greenberg, is a partner in RedBlacks owner Ottawa Sports and Entertainment Group. The condo tower, set to be completed later this year, lured buyers with suites looking out over the end zone of the new TD Place stadium and a communal lounge built in the style of a private corporate box at a stadium.

     

    While the project also offered buyers suites with a picturesque view over the Rideau Canal, it was units with the stadium field views that sold out first, said Minto senior vice-president Brent Strachan. Sports-centred amenities helped the company drive sales among football fans at a time when Ottawa’s condo market is slowing.

     

    “You can’t just go start a new condo project and expect it to sell out,” Mr. Strachan says. “If you have a great project in a great neighbourhood, it will do well. Where people see the value and they see the opportunity, the market is there.”

     

    When Maple Leaf Sports and Entertainment, owner of the Toronto Maple Leafs, was looking to expand its sports empire in the vacant space around Toronto’s Air Canada Centre a decade ago, sports stadiums were typically stand-alone buildings in neighbourhoods that were largely dead outside of game day, and Toronto city planners initially were against the idea of a mixed-use community so close to the arena.

     

    “At that time there wasn’t a lot of high-rise development” in the area, said Barry Fenton, CEO of Lanterra Developments, which partnered with MLSE and Cadillac Fairview to develop the site. “By having MLSE as our partners, there was an extra cachet to us being successful in the projects.”

     

    The area eventually became Maple Leaf Square, a massive mixed-use community featuring condos, hotels, offices and retail space, along with a popular MLSE-owned sports bar.

     

    In Montreal, Tour Des Canadiens is largely modelled after Maple Leaf Square, including a plan by the Canadiens to open a flagship sports bar and retail shop.

     

    For Ms. Cosentini, who plans to use her 21st-floor one-bedroom unit as a weekend getaway, the project’s main allure is the chance to watch a live game and then be home in minutes to catch the highlights on TV. Or perhaps even catch a glimpse of her hockey idols in the flesh. “Maybe Guy LaFleur will be living next door and I can borrow a cup of flour every once in a while,” she said with a laugh.

    Tour des Canadiens - 50 étages

    dans Complétés

    Posté(e)

    From the TDC Facebook page:

     

    The beginning of spring brings big news for the Tour des Canadiens. We are proud to announce that the first 12 floors have been built! The completion of the 10th and 11th floors in early to mid-March marked the start of construction of the residential portion of the tower and all of the amenities. These include the party rooms, the lounge, the business center, the gym, the spa, the yoga room as well as the terrace and the pool.

    Construction is moving along quickly and we’re currently working towards completing the 14th floor and expect to reach the 20th floor by June.

    All levels of the parking lot (P1 to P8) as well as P9, which holds most of the individual lockers, have been completed. The exterior façade of the parking levels is currently under way with the installation of the precast granite panels which give the parking lot its distinct polished look.

    The core of the building, which houses four elevators, two staircases as well as the mechanical and electrical shafts, has been poured up to the 18th floor. By May, two more floors will be added. Installation of the elevators has also commenced.

    Transports en commun - Discussion générale

    dans Transports en commun

    Posté(e)

     

    Agreed, p_xavier. I'd like to hear more politicians agreeing with people who have good ideas, even if they aren't on the same side, politically.

    Expos de Montréal

    dans L'actualité

    Posté(e)

    We're looking at relocation in the early to mid 2020s, according to Forbes:

     

    http://www.forbes.com/sites/ericmacramalla/2014/12/18/shocking-stadium-defeat-for-tampa-bay-rays-casts-more-doubt-on-already-uncertain-future/

     

    Shocking Stadium Defeat For Tampa Bay Rays Casts More Doubt On Already Uncertain Future

     

    In a shocking turn of events, the St. Petersburg City Council voted 5-3 to reject Mayor Rick Kriseman’s proposed deal that would allow the Tampa Bay Rays to explore new stadium sites in the Tampa Bay area.

     

    The Rays have long argued that they urgently need a new stadium in order to address sagging attendance figures. The team did negotiate a deal that would see it pay the city should it leave Tropicana Field before 2027 beginning with $4 million per season until December 2018. Those payments would decrease to $3 million per year from 2019-22 and $2 million from 2023-26.

     

    The team’s failure to secure the necessary council support was a stunning development. Those voting against local relocation cited the proposed compensation as being too low.

     

    As a result, the prospects of the Rays staying in Tampa Bay have never been so bleak. The team is not going to move now or within the next few years. As I wrote here, the Rays don’t have a traditional lease agreement, but rather are bound by a highly restrictive and onerous Use Agreement that potentially calls for catastrophic monetary damages should the team abandon Tropicana Field before its deal expires in 2027. This prohibitive Use Agreement is in stark contrast to a traditional lease, where a tenant owes the landlord what’s left on that lease after breaking it. Those monetary damages are far more predictable and manageable. Strong lawyering can soften the blow of the Use Agreement’s punitive measures, but it still looms over the team.

     

    While relocating to another city like Montreal or Charlotte is by no means imminent or a certainty, permanently denying the team permission to explore local stadium sites will mean the end of the Rays in Tampa. A new stadium is not a want but rather a need. Should it become necessary, the team will fill that need elsewhere.

     

    And the Rays are unlikely to wait until 2027 to explore relocation. Unless it has a local deal in place within the next five to seven years, expect the Rays to begin negotiating with a city like Montreal to build a new stadium for the 2028 season. The Rays would then let the city know they intend to move in a few years with the hope of buying the city out in exchange for an early exit ahead of 2027. At that point, it’s more likely the city would accept the deal thereby allowing the Rays to bolt in advance of 2027.

     

    Today was a bad day for the Rays. Unless the team can negotiate a deal with the city that allows it to explore local stadium sites, the Rays are ultimately doomed in Tampa and relocation is inevitable.

     

    It remains to be seen whether today was merely a hiccup or a precursor of things to come. There’s still time. The clock, however, is ticking on Tampa.

    Le Victoire - 26 étages

    dans Projets Annulés

    Posté(e)

    Didn't we hear about another company taking over this project? It's going to take some time for that to happen. People really need to start reading the forum more, instead of just signing on, offering their opinion without having read anything about what's going on, and then disappearing. Seems to be happening a lot lately.

    Pont Samuel-De Champlain

    dans Infrastructures

    Posté(e)

    They leaked Maurice Richard Bridge out to see the reaction of Quebecers. Most Quebec media sources, including the English-language ones (CTV Montreal, Gazette, CBC) have done reports on how getting rid of Champlain is erasing part of our history. CTV National is now covering the story.

     

    I have a feeling they'll pull back and just go with Champlain, and maybe then even say "Oh, we had no intention of calling it Richard", just to save face.

    Expos de Montréal

    dans L'actualité

    Posté(e)

    So putting it in a spot with NO public transit will get people from the West AND the East to avoid it potentially?

    You seem to really be fighting for this spot, Crosby.

     

    Putting up 20,000+ parking spaces around it like some American city would do is not something we should be aiming for. Public transit, it needs a metro station. End.

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