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  1. http://nymag.com/homedesign/urbanliving/2012/hudson-yards/ Atop the 1,300-foot office tower, soon to rise at 33rd Street and Tenth Avenue, by Kohn Pedersen Fox Associates. Photo: Rendering by Visualhouse From 0 to 12 Million Square Feet In a few weeks, construction begins on New York’s largest development ever. Hudson Yards is handsome, ambitious, and potentially full of life. Should we care that it’s also a giant slab of private property? An exclusive preview. By Justin Davidson Published Oct 7, 2012 ShareThis On a Friday afternoon in September, a conclave of architects and real-estate executives gathers in a hotel conference room to look over plans for Manhattan’s largest remaining chunk of emptiness. Hudson Yards, the railroad depot that stretches from Tenth Avenue to the Hudson River, and from 30th to 33rd Street, barely registers on the mental map of most New Yorkers. Look down from a neighboring window, and you see only a pit full of trains hazed with their diesel fumes. The planners’ view, though, takes in sugarplum dreams of the city’s shiny next wing: an $800 million concrete roof over the yards, and above it the country’s largest and densest real-estate development: 12 million square feet of *offices, shops, movie theaters, gyms, hotel rooms, museum galleries, and open space, and 5,000 apartments, all packed into 26 acres. In the first, $6 billion phase—scheduled for completion by late 2017—the tallest tower will top the Empire State Building, and even the shortest will have a penthouse on the 75th floor. The people in the conference room can visualize that future in high-resolution detail. On the screen, digital couples stroll among trees pruned to cubical perfection. A chain of glowing towers garlands the skyline, and tiny figures stroll onto a deck hanging nearly a quarter-mile in the air. Architects discuss access points, sidewalk widths, ceiling heights, flower beds, and the qualities of crushed-stone pathways. You could almost forget that none of this exists yet—until one architect points to a lozenge-shaped skyscraper and casually, with a twist of his wrist, remarks that he’s thinking of swiveling it 90 degrees. The Related Companies, the main developer of the site, has called this meeting so that the designers of the various buildings can finally talk to each other, instead of just to the client. I’m getting the first look at the details at the same time some of the participants are. Suddenly, after years of desultory negotiations and leisurely design, the project has acquired urgency: Ground-breaking on the first tower will take place in the coming weeks. There’s a high-octane crew in the room: William Pedersen, co-founder of the high-rise titans Kohn Pedersen Fox Associates; David Childs, partner at the juggernaut Skidmore Owings and Merrill; Elizabeth Diller, front woman for the cerebral boutique Diller Scofidio + Renfro; *David Rockwell, a virtuoso of showbiz and restaurant design; Howard Elkus, from the high-end shopping-center specialists Elkus Manfredi; and landscape architect Thomas Woltz, the only member of the group new to New York real-estate politics. Their task is to compose a neighborhood from scratch. The success of Hudson Yards depends on the question: Can a private developer manufacture a complete and authentic high-rise neighborhood in a desolate part of New York? “This isn’t just a project; it’s an extension of the city,” says Stephen Ross, Related’s founder and chairman. New York has always grown in nibbles and crumbs, and only occasionally in such great whale-gulps of real estate. In the richest, most layered sections of the city, each generation’s new buildings spring up among clumps of older ones, so that freshness and tradition coexist. A project of this magnitude, concocted around a conference table, could easily turn out to be a catastrophe. The centrally planned district has its success stories—most famously, Rockefeller Center. Coordinated frenzies of building also produced Park Avenue, Battery Park City, and the current incarnation of Times Square. But this enterprise is even more ambitious than any of those, and more potentially transformative than the ongoing saga of the World Trade Center. New York has no precedent for such a dense and complex neighborhood, covering such a vast range of uses, built in one go. That makes this Ross’s baby. Hundreds of architects, engineers, consultants, planners, and construction workers will contribute to the finished product. Oxford Properties Group has partnered with Related, and the city dictated much of the basic arrangement. But in the end, how tightly the new superblocks are woven into the city fabric, how organic their feel, and how bright their allure will depend on the judgment and taste of a billionaire whose aesthetic ambitions match the site’s expanse, and who slips almost unconsciously from we to I. “We went out and selected great architects and then created a whole five-acre plaza,” Ross says. “People will have never seen such a world-class landscaping project. I can’t tell you what that plaza will look like, but what I visualize is a modern-day Trevi Fountain. It’s going to be classical and unique.” The best clue to what he has in mind isn’t in Rome, but at Columbus Circle. Ross lives and works in the Time Warner Center, which Related built, and if you imagine the complex blown out to five times its size, you begin to get a sense of what’s coming at Hudson Yards: crowds flowing from home to boutique, hotel to subway, office to spa, concert to restaurant—and all that activity threaded around and through a curving plaza equipped with fountains and a very tall monument, as yet unchosen. The Time Warner Center brought profitable liveliness to Columbus Circle, the once moribund, now vibrant hinge between midtown and the Upper West Side. But massive as it is, the Time Warner Center is dainty by comparison. Hudson Yards circa 2017 1. This office tower, by Kohn Pedersen Fox Associates, will become Coach headquarters. 2. Apartments by Diller Scofidio +Renfro, joined by David Rockwell: condos on top, rentals below. 3. The flagship office building, also by KPF: 1,300 feet high. 4. The curvy multiuse tower by David Childs contains a hotel, condominiums, and a big Equinox gym. 5. The shopping arcade (please don't call it the mall). 6.The Culture Shed: still unrevealed, but a great big space for traveling exhibits and other events. Photo: Rendering by Visualhouse Unnumbered buildings (the western half of the development) have yet to be designed. Photo: Map by Jason Lee The view from the High Line. Photo: Rendering by Visualhouse Photo: Rendering by Visualhouse Photo: Rendering by Visualhouse Photo: Rendering by Visualhouse Photo: Rendering by Visualhouse Start on the High Line, at West 30th Street near Tenth Avenue. At the moment, the landscaped section peters out here, but the old elevated railway continues, forking both east and west to form the southern border of Hudson Yards. Eventually, you’ll be able to continue your stroll beneath the canopy of an office tower housing the headquarters of the leather-goods company Coach. It’s a tricky spot, and the interaction of city street and raised park forces the architecture to perform some fancy steps. The building genuflects toward Tenth Avenue on muscular concrete legs. Coach’s unit reaches out toward the High Line, and the crown greets the skyline at a jaunty tilt. With all its connections and contortions, the tower, designed by Kohn Pedersen Fox, assembles its identity out of the complexities of city life. “My whole career has been about taking buildings that are inherently autonomous and getting them to become social gestures,” remarks Pedersen. Head up a couple of blocks from Coach’s future headquarters, and at West 33rd Street, another KPF tower tapers from vast hoped-for trading floors to a jagged peak 1,300 feet up. A state-of-the-art office building these days requires huge open layouts and thick bundles of elevator shafts, which tend to give it the natural grace of a hippopotamus thigh. But look up: Here, the design artfully disguises the two towers’ bulk by making them seem dramatically foreshortened, as if they were speeding toward the sky. One slopes toward the river, the other in the direction of midtown, parted like stalks of corn in a breeze. The cone of space between them draws sunlight to the ground and leaves a welcome break in the city’s increasingly crowded skyline. With any luck, you should be able to stand at the foot of these towers and feel sheltered but not squashed. It would have been far easier to wall the development off and let each tower stand in isolated splendor. Instead, planners have tried to soften the borders of their domain. That’s not just civic-mindedness; it’s good business. If Hudson Yards is going to be a truly urban place, it will have to lure people who neither work nor live there but who come because everyone else does. The development will have two major magnets, one for commerce, food, and entertainment, the other for that primal necessity of New York life: culture. Related is pinning a lot of financial optimism on a five-floor, two-block-long retail extravaganza that links the two KPF towers, rather like the Time Warner Center shops, only bigger, busier, sunnier, and more tightly knit to the city. “We don’t want this to feel like a mall,” insists its architect, Howard Elkus. Pedestrian passageways cut through the building, extending the streets indoors, and a succession of great glass walls turn window-shopping into a spectator sport. The liveliness engine is on the fourth floor, where a collection of informal but high-end food outlets curated by Danny Meyer looks out over the central plaza—“Eataly on steroids” is how one Related executive describes it. Above that are more expensive restaurants and a ten-screen multiplex. Stroll out the western side of the shopping center toward the central plaza, walk diagonally across to 30th Street, halfway between Tenth and Eleventh Avenues, and you come to the most intriguing and mysterious element of Hudson Yards: the Culture Shed. Having set aside a parcel of land for cultural use, the city put out a call for ideas. Elizabeth Diller and David Rockwell answered with an amalgam of architectural and institutional innovations: a flexible gallery complex to accommodate traveling exhibits and nomadic performing events. Together, they designed an enormous trusslike shell that could fit over the galleries or roll out like a shipyard gantry to enclose a vast performance space. The city refuses to discuss architectural details, how the still-theoretical organization will function, or who would pay to build and operate it. But it’s easy to imagine it being used for film premieres and high-definition broadcasts from the Metropolitan Opera or as a permanent home for Fashion Week, which now camps out in tents. The Culture Shed can give Hudson Yards the highbrow legitimacy and cutting-edge cool it needs to become an integral part of New York, and also create a cultural corridor running from the Whitney Museum at Gansevoort Street (now under construction), through Chelsea’s gallery district, and up to Lincoln Center. The project may be in the wishful-thinking stage—it could still get scaled back or dumbed down, or it could vanish altogether. But it does have one crucial booster: the Related Companies. “The Culture Shed is critically important,” says Jay Cross, the executive who is running the Hudson Yards project. “We’re going to be major supporters because we want and need to see it come to fruition.” Hudson Yards is getting much more from the city than just the Culture Shed. While planners keep working out ways to weld the complex to its environs, the West Side has already begun to embrace its coming addition. New rental towers have sprouted in the West Thirties and burly office buildings will soon rise along Ninth and Tenth Avenues. “There are communities around us—Hell’s Kitchen, Midtown South, West Chelsea, New Jersey to the west—that if we do a great job are just naturally going to flow in and populate that space,” says Cross. The site as a whole is a yawning pit, not so much a blank slate as an empty socket, surrounded by amenities and infrastructure just waiting to be plugged in. Hudson River Park runs along the western edge (set off by Twelfth Avenue), the High Line spills in from the south, and the future Hudson Park and Boulevard will swoop down from the north. The No. 7 subway-line extension is on the way to completion, the Javits Center is being overhauled, and maybe one day Moynihan Station will even get built. In all, $3 billion in taxpayer-funded improvements encircle the Related fiefdom—not including city tax abatements. “Where else have you ever seen this kind of public money for infrastructure to service a whole new development, in the heart of the city, with that much land and no obstacles?” Ross asks. His vocal enthusiasm for Mitt Romney and the Republican Party’s small-*government credo evidently hasn’t curbed his appreciation for public support. Although it’s the next mayor who will cut the first ribbon, in the long run Hudson Yards may well be the grandest and most dramatic piece of Michael Bloomberg’s legacy. It’s been on the city’s to-do list for almost a decade, ever since Bloomberg hoped to draw the 2012 Olympics to New York with promises of a West Side stadium. The fact that London won the games was a disappointment to him but a stroke of luck for the West Side, scuttling what would have been a disastrous stadium plan, while at the same time calling attention to the value of the real estate above the tracks. Eager for space to put up high-rises and now prompted by a big hole on Manhattan’s western flank, the city focused on a rezoning that is gradually pulling midtown’s center of gravity westward. There are two ways to conceive such a monster project. One is for a single architectural overlord to shape the whole shebang, as Raymond Hood did at Rockefeller Center. Steven Holl, whose offices overlook Hudson Yards and who has designed two similarly gargantuan complexes in China, submitted an entry that might have resulted in a work of thrilling coherence, with the same sensibility imbuing every detail, from door handles to office blocks. But the auteur development also risks yielding a place of oppressive uniformity, where each aesthetic miscalculation is multiplied many times over. Related chose the second option: recruiting an ensemble of brand-name designers. That approach emulates a sped-up version of New York’s gradual, lot-by-lot evolution; the danger is that it can produce a jumble. “Sometimes architectural vitality leads to messiness, or varying degrees of quality, and we’re trying to avoid that,” acknowledges Cross. “Every building is going to be best in class. That’s the common thread.” But bestness is not actually a unifying concept, and when the city held the competition to award the development rights in 2008, the Related entry failed to wow the city, the public, or the critics. “With a drop-dead list of consultants, contributors, collaborators, and anyone else who could be thrown into the mix … [the company] has covered all possible bases with something dreadful for everybody. This is not planning, it’s pandering,” wrote the critic Ada Louise Huxtable in The Wall Street Journal. None of that mattered: The project originally went to another developer, Tishman Speyer, and when that deal fell through, Related scooped it up. Architecture had nothing to do with it. Yet nearly five years later, with contracts signed and money starting to flow, that gold-plated crew of designers, working in separate studios, with different philosophies and, until recently, little consultation, has nevertheless produced a kind of haphazard harmony. What unites them is their taste for complexity and the deftness with which they maneuver conflicting programs into a single composition. Just past the Culture Shed, on the 30th Street side of the site at Eleventh Avenue, is the eastern half’s only purely residential tower, designed by Diller Scofidio + Renfro, with David Rockwell. It’s an architectural griffin, grafting together rectilinear rental units on the lower floors with flower-petal condo layouts up high—about 680 apartments in all. The fantastically idiosyncratic bulges and dimples join in complicated ways that make the glass façade look quilted. Now walk north, back across the plaza and past a still-to-be-designed café pavilion, and you come to another tower with a textured exterior—vertical folds with stone on one side and glass on the other, as if a palazzo had merged with a modernist shaft. Actually, the building is even more hybridized than that. David Childs, the architect of the Time Warner Center and One World Trade Center, had to shoehorn a large Equinox gym plus offices, an orthopedic hospital, a sports emporium, a hotel, and a condominium into a curved base and a slender tube. “Hudson Yards is a city within a city. This tower is a city within a city—within a city,” he says. The most delicate, crucial, and treacherous design problem at Hudson Yards isn’t a building at all but the public space, and especially the five acres in the middle, an expanse about as large as Bryant Park. Done right, it could be the most vibrant gathering spot on the West Side, a New York version of Venice’s Piazza San Marco. Done wrong, it could be a windswept tundra populated only by office workers scuttling between the subway and their desks. It’s worrisome that Ross and his team postponed thinking about that void until so much of the architecture had been designed, but heartening that they are intensely focused on it now. Related has given the job to the talented Thomas Woltz, whose quietly refined restorations of gardens and college campuses may not quite have prepared him for the fierce pressure of shaping New York’s most ample new public space. It’s not just a place for people to mingle but for the relationships between the various buildings to express themselves across the connecting plaza. “One of the paintings I admire most is The School of Athens,” says KPF’s William Pedersen, referring to Raphael’s klatch of bearded philosophers chatting beneath noble vaults. “You have great historical and intellectual figures gathered together in dynamic groups of interchange, gesturing to each other. That’s the architectural assignment for each of us.” David Childs phrases a similar thought in a way that graciously defers to Woltz even while sending the message: Don’t screw this up. “We have an obligation to create great architecture, and all the buildings have to be related to the space in the center,” he says. “The void is the most important part.” Woltz has gotten it wrong once. In his first presentation, he placed a plush lawn at the center of the complex, and Ross nearly kicked him out of the room. What Ross wants is not a place to toss a Frisbee, but a town square alive with purpose and electricity. That’s a spectacular challenge; there are few great models for a European-style piazza within a ring of skyscrapers. For now, Woltz’s solution is a paved ellipse, outlined by a perimeter of trees cultivated with geometric severity—given “the Edward Scissorhands topiary treatment,” as one designer puts it. The idea is to create a verdant transition from the human scale to that of glass-and-steel giants. “In an open space next to 1,000-foot towers, our tallest tree is going to be like an ant next to a tall man’s shoe,” Woltz says. But the most maddening paradox of Woltz’s assignment is that he must tailor an open space to the motley public—in ways that will please a potentate. Like some fairy-tale monarch, Ross has dispatched his counselors to find an artist capable of supplying his modern Trevi Fountain. What he wants is something monumental enough to focus the entire project, a piece that’s not just watery and impressive but so instantly iconic that people will meet by it, shoot photos of it, notice it from three blocks away, and recognize it from the cover of guidebooks. You get the feeling that Ross is hedging his bets: If Woltz can’t deliver a world-class plaza with his trees and pavers, maybe a Jeff Koons or an Anish Kapoor can force it into life with a big honking hunk of sculpture. A giant puppy can’t solve an urban design problem, though. It’s nice that a hardheaded mogul like Ross places so much faith in the civic power of art, but he may be asking it to do too much. The plaza is the node where the site’s conflicting forces reveal themselves: the tension between public and private, between city and campus, between democratic space and commercial real estate. Occupy Wall Street’s takeover of Zuccotti Park last year pointed up the oxymoron inherent in the concept of privately owned public space: You can do anything you like there, as long as the owners deem it okay. Childs hopes that his client’s insistence on premium-brand design won’t make Hudson Yards just the province of privilege. “We want this project to be laced through with public streets, so that everyone has ownership of it, whether you’re arriving in your $100,000 limo or pushing a shopping cart full of your belongings.” The plans include drop-off lanes, so the limos are taken care of. But if the shopping-cart pushers, buskers, protesters, skateboarders, and bongo players start feeling too welcome at Hudson Yards, Related’s security guards will have a ready-made *argument to get them to disperse: This is private property.
  2. Lots to lose: how cities around the world are eliminating car parks | Cities | The Guardian Cities Lots to lose: how cities around the world are eliminating car parks It’s a traditional complaint about urban life: there’s never anywhere to park. But in the 21st century, do cities actually need less parking space, not more? Paris has banned traffic from half the city. Why can’t London? Houston, Texas Parking lots dominate the landscape in downtown, Houston, Texas. ‘Though the perception is always that there’s never enough parking, the reality is often different,’ says Hank Willson. Photograph: Alamy Cities is supported by Rockefeller Foundation's logoAbout this content Nate Berg Tuesday 27 September 2016 12.23 BST Last modified on Tuesday 27 September 2016 15.51 BST With space for roughly 20,000 cars, the parking lot that surrounds the West Edmonton Mall in Alberta, Canada, is recognised as the largest car park in the world. Spread across vast expanses of asphalt and multi-storey concrete structures, these parking spots take up about half the mall’s 5.2m sq ft, on what was once the edge of the city of Edmonton. A few blocks away, a similar amount of space is taken up by a neighbourhood of nearly 500 homes. Despite its huge scale, the West Edmonton Mall’s parking lot is not all that different from most car parks around the world. Requiring roughly 200 sq ft per car plus room to maneuvre, they tend to be big, flat and not fully occupied. Often their size eclipses the buildings they serve. Even when they’re hidden in underground structures or built into skyscrapers, car parks are big and often empty: parking at homes tends to be vacant during the workday, parking at work vacant at night. A 2010 study of Tippecanoe County, Indiana found there was an average of 2.2 parking spaces for each registered car. The US has long been the world leader in building parking spaces. During the mid 20th century, city zoning codes began to include requirements and quotas for most developments to include parking spaces. The supply skyrocketed. A 2011 study by the University of California, estimated there are upwards of 800m parking spaces in the US, covering about 25,000 square miles of land. Nobody goes to a city because it has great parking Michael Kodransky “As parking regulations were put into zoning codes, most of the downtowns in many cities were just completely decimated,” says Michael Kodransky, global research manager for the Institute of Transportation and Development Policy. “What the cities got, in effect, was great parking. But nobody goes to a city because it has great parking.” Increasingly, cities are rethinking this approach. As cities across the world begin to prioritise walkable urban development and the type of city living that does not require a car for every trip, city officials are beginning to move away from blanket policies of providing abundant parking. Many are adjusting zoning rules that require certain minimum amounts of parking for specific types of development. Others are tweaking prices to discourage driving as a default when other options are available. Some are even actively preventing new parking spaces from being built. A typical road in San Francisco. A road in San Francisco. Photograph: Getty To better understand how much parking they have and how much they can afford to lose, transportation officials in San Francisco in 2010 released the results of what’s believed to be the first citywide census of parking spaces. They counted every publicly accessible parking space in the city, including lots, garages, and free and metered street parking. They found that the city had 441,541 spaces, and more than half of them are free, on-street spaces. “The hope was that it would show that there’s actually a lot of parking here. We’re devoting a lot of space in San Francisco to parking cars,” says Hank Willson, principal analyst at the San Francisco Municipal Transportation Agency. “And though the perception is always that there’s never enough parking, the reality is different.” Knowing the parking inventory has made it easier for the city to pursue public space improvements such as adding bike lanes or parklets, using the data to quell inevitable neighbourhood concerns about parking loss. “We can show that removing 20 spaces can just equate to removing 0.1% of the parking spaces within walking distance of a location,” says Steph Nelson of the SFMTA. The data helps planners to understand when new developments actually need to provide parking spaces and when the available inventory is sufficient. More often, the data shows that the city can’t build its way out of a parking shortage – whether it’s perceived or real – and that the answers lie in alternative transportation options. Parking atop a supermarket roof in Budapest, Hungary. A parking lot on a supermarket roof in Budapest, Hungary. Photograph: Alamy With this in mind, the city has implemented the type of dynamic pricing system proposed by Donald Shoup, a distinguished research professor of urban planning at the University of California, Los Angeles. In his book The High Cost of Free Parking, Shoup explains that free or very cheap on-street parking contributes to traffic congestion in a major way. A study of the neighbourhood near UCLA’s campus showed that drivers cruised the area looking for parking for an average of 3.3 minutes. Based on the number of parking spaces there, that adds up to about 950,000 extra miles travelled over the course of a year, burning 47,000 gallons of gasoline and emitting 730 tons of CO2. After San Francisco implemented a pilot project with real-time data on parking availability and dynamic pricing for spaces, an evaluation found that the amount of time people spent looking for parking fell by 43%. And though there’s no data available on whether that’s meant more people deciding not to drive to San Francisco, various researchers have shown that a 10% increase in the price of parking can reduce demand between 3-10%. Sometimes, the supply of parking goes down because nobody needs it. Since 1990, the city of Philadelphia has conducted an inventory of parking every five years in the downtown Center City neighbourhood, counting publicly accessible parking spaces and analysing occupancy rates in facilities with 30 or more spaces. Because of plentiful transit options, a walkable environment and a high downtown residential population, Philadelphia is finding that it needs less parking. Between 2010 and 2015, the amount of off-street parking around downtown shrank by about 3,000 spaces, a 7% reduction. Most of that is tied to the replacement of surface lots with new development, according to Mason Austin, a planner at the Philadelphia City Planning Commission and co-author of the most recent parking inventory. Philadelphia Planners in Philadelphia have noted the decrease in demand for parking, and reduced spaces accordingly. Photograph: Andriy Prokopenko/Getty Images “At the same time, we’re seeing occupancy go down by a very small amount. So what that’s telling us is the demand for this public parking is going down slightly,” Austin says. “And that could be alarming if we were also seeing some decline of economic activity, but actually that’s happening at the same time as we’re seeing employment go up and retail vibrancy go up.” And though many cities in the US are changing zoning and parking requirements to reduce or even eliminate parking minimums, cities in Europe are taking a more forceful approach. Zurich, has been among the most aggressive. In 1996, the city decreed that there would be no more parking: officials placed a cap on the amount of parking spaces that would exist there, putting in place a trading system by which any developer proposing new parking spaces would be required to remove that many parking spaces from the city’s streets. The result has been that the city’s streets have become even more amenable to walking, cycling and transit use. Copenhagen has also been reducing the amount of parking in the central city. Pedestrianising shopping streets raising prices of parking and licences and developing underground facilites on the city’s outskirts has seen city-centre parking spaces shrink and the proportion of people driving to work fall from 22% to 16%. Paris has been even more aggressive. Starting in 2003, the city began eliminating on-street parking and replacing it with underground facilities. Roughly 15,000 surface parking spaces have been eliminated since. A world without cars: cities go car-free for the day - in pictures View gallery But progress is not limited to Europe. Kodransky says cities all over the world are rethinking their parking policies. São Paulo, for instance, got rid of its minimum parking requirements and implemented a maximum that could be built into specific projects. Beijing, Shenzhen and Guangzhou are hoping to emulate San Francisco’s dynamic pricing approach. And as cities begin to think more carefully about how parking relates to their urban development, their density and their transit accessibility, it’s likely that parking spaces will continue to decline around the world. “Ultimately parking needs to be tackled as part of a package of issues,” Kodransky says. “It’s been viewed in this super-narrow way, it’s been an afterthought. But increasingly cities are waking up to the fact that they have this sleeping giant, these land uses that are not being used in the most optimal way.” Follow Guardian Cities on Twitter and Facebook to join the discussion.
  3. Pas certain que retirer la gestion de stationnement des arrondissements est souhaitable. Je comprends le vouloir de simplifier les règles du jeu stationnement mais les fuis de trafique, le nombre et genre de commerces (bar, restaurent, boutique), rue résidentielle etc. sont très différents d'un arrondissement a l'autre voir a l’intérieure même d'un arrondissement. This will no doubt tickle Luc Fernandez. http://www.lapresse.ca/actualites/montreal/201512/16/01-4931755-revision-en-profondeur-du-stationnement-a-montreal.php
  4. This lot is for now sale. The proposal is being used just to show the potential of the lot, but I thought it was worth posting anyways. Even more development soon be scheduled around the Bell Center.
  5. Ca prenait un fil pour discuter du métro je trouve... Avec la densification de l'ile des soeurs ainsi que le project de 1.3$milliard pour Griffintown, je crois qu'une ligne pour cibler ces deux régions pourrait être une bonne idée. Ca ne serait pas totalement absurde. 1. Encourage development to the south east, which is the future extension of Montreal's CBD anyway 2. Encourage growth via transit-oriented development Voici mon ébauche. (Puisque la carte du métro est stylisée, les emplacement des stations sur la carte ne correspondent pas éxactement a 100% aux lieux réels.) What do you think?
  6. U.S. firm plans private hospital in Griffintown Jason Magder Montreal Gazette Wednesday, February 06, 2008 An American company that specializes in medical tourism is planning to set up a private hospital at the southeast end of Griffintown. The company is hoping to occupy at least 24 stories of office space as part of a construction project planned for the area bordered by the Peel Basin and the Bonaventure Expressway. Roland Hakim, one of the developers, wouldn't reveal the name of the medical tourism company, but said the health complex would serve mostly people travelling to undergo medical procedures, such as knee and hip replacements, but could also serve people from this country. The hospital would have the same comforts as a four-star or five-star hotel, Hakim said. He added medical tourism is becoming very popular. People travel to undergo medical procedures, either because it's usually less expensive than doing it in their own countries, or they want to schedule a vacation around their recovery period. It would be part of a 2.8 hectare project that includes an intermodal station, for a planned tramway into Griffintown, as well as a train that is planned to link Montreal with the South Shore. The project also calls for a heli-port at the top of one of the towers where several helicopters can land. There would be a movie theater, shops, restaurants, conference rooms, office towers and a hotel. "It would be the first thing people see when they come to Montreal and we want it to be something nice," Hakim said. He said the first phase of the project, which includes the hospital, could be built in three years. However, Pierre Varadi, Hakim's partner in this project, and the president of Canvar, said nothing can be built before the Bonaventure Expressway is torn down and rebuilt at street level, a project still in the planning phase. "They say they will do it within four years, but I don't know if they will do it that quickly," he said. The development is one of many being planned for the area. Canada Lands is expected to present a proposal later this year to redevelop the defunct Canada Post sorting station. The massive project would cover about 11 hectares of land and would be built just east of the 10.2 hectare project proposed in November by the company Devimco. Hakim said development of Griffintown is inevitable. "The downtown core has to expand and the only place it can expand is further south," he said. "This will become the new downtown core."
  7. New Website Studies Montreal for Students 9/6/2007 A new web portal highlighting Montreal as an excellent location for international students has been launched by TP1 Communication electronique, a Montreal-based technology and communications company. Study in Montreal (www.studyinmontreal.info) is a reference tool providing this clientele with information about the many resources, activities and attractions that Montreal offers. The portal for international students includes original photography by Montreal photographer Benoit Aquin. "TP1 has distinguished itself through its approach to integrating all of the project's components: visual design, photo acquisition, technology, hosting, site maintenance and support. The team understood the objective of the portal right from the beginning and demonstrated rigour and creativity throughout its development," stated Isabelle Hudon, president and CEO of the Board of Trade of Metropolitan Montreal, one of the partner organizations in the project. "A site like the Study in Montreal portal containing literally thousands of hyperlinks cried out for a tool enabling a small team of users to manage it efficiently," declared Joseph Blauer, Vice-President of Technology at TP1. Drupal, the chosen tool, is an open source web content management system published under the GNU Public License. Its content management capability along with its modular architecture, place Drupal among the most multi-faceted and flexible web content management systems currently available. For Study in Montreal, it clearly demonstrated its superiority for the creation of one of a new generation of collaborative websites. For more about Drupal, visit www.tp1.ca/en/drupal. TP1 will continue to work with the Board of Trade of Metropolitan Montreal in 2007, notably to optimize external referencing. The portal is an initiative of the Conference regionale des elus de Montreal and is an integral component of the "Montreal, city of learning, knowledge, and innovation" project, in collaboration with the "Ouverture aux citoyens du monde" committee. This committee brings together Montreal's four major universities (McGill University, UQAM, Universite de Montreal and Concordia University), the Regroupement des colleges du Montreal metropolitain, the City of Montreal, the Federation etudiante universitaire du Quebec, the Forum jeunesse de l'ile de Montreal, Montreal International, and the Board of Trade of Metropolitan Montreal. The site is supported by the Forum jeunesse de l'ile de Montreal as a principal financial partner and the Ministere des Affaires municipales et des Regions as a financial partner. TP1 offers consulting services in communications and technology, combining the strategic, operational and technological requirements of business through the common thread of communications. We offer a range of services in electronic communications, including: Website development, communications consulting, application development and managed services.
  8. City planners take new look at urban vistas Frances Bula, Special to the Globe and Mail, March 30th, 2009 --------------------- Vancouver’s famous view corridors have prompted more anguished howls from architects than almost anything else I can think of over the years. Now, the city is looking at re-examining them. (And, as the sharp-eyed people at skyscraper.com have noted, the posting for people to run the public consultation went up on city website Friday. You can see their comments on the whole debate here.) You can get a flavour of the arguments from my story in the Globe today, which I’ve reproduced below. --------------------- Vancouver is legendary as a city that has fought to prevent buildings from intruding on its spectacular mountain backdrop and ocean setting. Unlike Calgary, which lost its chance to preserve views of the Rockies 25 years ago, or Toronto, which has allowed a highway plus a wall of condo towers to go up between the city and its lake, Vancouver set an aggressive policy almost two decades ago to protect more than two dozen designated view corridors. But now the city is entertaining re-examining that controversial policy, one that has its fierce defenders and its equally fierce critics, especially the architects who have had to slice off or squish parts of buildings to make them fit around the corridors. And the city’s head planner is signalling that he’s definitely open to change. “I’ve got a serious appetite for shifting those view corridors,” says Brent Toderian, a former Calgary planner hired two years ago, who has been working hard to set new directions in a city famous for its urban planning. “The view corridors have been one of the most monumental city-shaping tools in Vancouver’s history but they need to be looked at again. We have a mountain line and we have a building line where that line is inherently subjective.” The issue isn’t just about preserving views versus giving architects free rein. Vancouver has used height and density bonuses to developers with increasing frequency in return for all kinds of community benefits, including daycares, parks, theatres and social housing. A height limit means less to trade for those amenities. Mr. Toderian, who thinks the city also needs to establish some new view corridors along with adjusting or eliminating others, says a public hearing on the issue won’t happen until the fall, but he is already kicking off the discussion quietly in the hope that it will turn into a wide-ranging debate. “The input for the last few years has been one-sided, from the people who think the view corridors should be abolished,” he said. “But we’re looking forward to hearing what everyone thinks. Most people who would support them don’t even think about them. They think the views we have are by accident.” The view-corridor policy, formally adopted in 1989, was the result of public complaints over some tall buildings going up, including Harbour Centre, which is now, with its tower and revolving restaurant, seen as a defining part of the Vancouver skyline. But then, it helped spur a public consultation process and policy development that many say confused the goal of preserving views with a mathematical set of rules that often didn’t make sense. One of those critics is prominent architect Richard Henriquez, who said the corridors don’t protect the views that people have consistently said they value most from the city’s many beaches and along streets that terminate at the water. Instead, he says many of the view corridors are arbitrarily chosen points that preserve a shard of view for commuters coming into town. That has resulted in the city losing billions of dollars of potential development “for someone driving along so they can get a glimpse of something for a second.” And, Mr. Henriquez argues, city residents have a wealth of exposure to the city’s mountains throughout the region. “Downtown Vancouver is a speck of urbanity in a sea of views,” said Mr. Henriquez, who is feeling the problem acutely these days while he works on a development project downtown where the owners are trying to preserve a historic residential hotel, the Murray, while building an economically feasible tower on the smaller piece of land next to it. The view corridor means the building has to be shorter and broader and is potentially undoable. His project is one in a long list of projects that have been abandoned or altered because of view corridor rules in Vancouver. The Shangri-La Hotel, currently the tallest building in the city at 650 feet, is sliced diagonally along one side to prevent it from straying into the view corridor. At the Woodward’s project, which redeveloped the city’s historic department store, one tower had to be shortened and the other raised to fit the corridor. And architect Bing Thom’s plan for a crystal spire on top of a development next to the Hotel Georgia was eventually dropped because city officials refused to budge on allowing the needle-like top to protrude. But one person wary about the city tinkering with the policy is former city councillor Gordon Price. “When people talk about revisiting, it just means one thing: eroding,” said Mr. Price, still a vocal advocate on urban issues. “People may only get this fragment of a view but it’s very precious. And those fragments will become scarcer as the city grows. The longer they remain intact, the more valuable they become.” It’s a debate that’s unique to Vancouver. Mr. Toderian said that when he was in Calgary, there was no discussion about trying to preserve views from the downtown to the Rockies in the distance. --------------------- cet article n'est pas tres recent, mais je sais pas s'il avait deja ete poste sur ce forum. meme s'il y a des differences, a mon avis beaucoup de ces arguments pourraient s'appliquer aussi pour Montreal. est-ce qu'on devra attendre une autre vague de demande bousillee pour relancer le debat ?
  9. The jury members are: - Melvin Charney, architect; - Odile Decq, architect and Director of the École Spéciale d'Architecture, Paris; - Jacques Des Rochers, Curator of Canadian Art, Montréal Museum of Fine Arts; - Michel Dionne, architect, Cooper, Robertson & Partners, New York; - Raphaël Fischler, urban planner and professor at the School of Urban Planning, McGill University; - Mario Masson, landscape architect and Division Manager, Service du développement culturel, de la qualité du milieu de vie et de la diversité ethnoculturelle, Ville de Montréal; - Alessandra Ponte, associate professor, School of Architecture, Université de Montréal; - Philippe Poullaouec-Gonidec, landscape architect and holder of the UNESCO Chair in Landscape and Environmental Design at Université de Montréal. Instructions for prospective entrants (Courtesy of CNW Telbec)
  10. Downturn Ends Building Boom in New York Charles Blaichman, at an unfinished tower at West 14th Street, is struggling to finance three proposed hotels by the High Line. NYtimes By CHRISTINE HAUGHNEY Published: January 07, 2009 Nearly $5 billion in development projects in New York City have been delayed or canceled because of the economic crisis, an extraordinary body blow to an industry that last year provided 130,000 unionized jobs, according to numbers tracked by a local trade group. The setbacks for development — perhaps the single greatest economic force in the city over the last two decades — are likely to mean, in the words of one researcher, that the landscape of New York will be virtually unchanged for two years. “There’s no way to finance a project,” said the researcher, Stephen R. Blank of the Urban Land Institute, a nonprofit group. Charles Blaichman is not about to argue with that assessment. Looking south from the eighth floor of a half-finished office tower on 14th Street on a recent day, Mr. Blaichman pointed to buildings he had developed in the meatpacking district. But when he turned north to the blocks along the High Line, once among the most sought-after areas for development, he surveyed a landscape of frustration: the planned sites of three luxury hotels, all stalled by recession. Several indicators show that developers nationwide have also been affected by the tighter lending markets. The growth rate for construction and land development loans shrunk drastically this year — to 0.08 percent through September, compared with 11.3 percent for all of 2007 and 25.7 percent in 2006, according to data tracked by the Federal Deposit Insurance Corporation. And developers who have loans are missing payments. The percentage of loans in default nationwide jumped to 7.3 percent through September 2008, compared with 1 percent in 2007, according to data tracked by Reis Inc., a New York-based real estate research company. New York’s development world is rife with such stories as developers who have been busy for years are killing projects or scrambling to avoid default because of the credit crunch. Mr. Blaichman, who has built two dozen projects in the past 20 years, is struggling to borrow money: $370 million for the three hotels, which include a venture with Jay-Z, the hip-hop mogul. A year ago, it would have seemed a reasonable amount for Mr. Blaichman. Not now. “Even the banks who want to give us money can’t,” he said. The long-term impact is potentially immense, experts said. Construction generated more than $30 billion in economic activity in New York last year, said Louis J. Coletti, the chief executive of the Building Trades Employers’ Association. The $5 billion in canceled or delayed projects tracked by Mr. Coletti’s association include all types of construction: luxury high-rise buildings, office renovations for major banks and new hospital wings. Mr. Coletti’s association, which represents 27 contractor groups, is talking to the trade unions about accepting wage cuts or freezes. So far there is no deal. Not surprisingly, unemployment in the construction industry is soaring: in October, it was up by more than 50 percent from the same period last year, labor statistics show. Experience does not seem to matter. Over the past 15 years, Josh Guberman, 48, developed 28 condo buildings in Brooklyn and Manhattan, many of them purchased by well-paid bankers. He is cutting back to one project in 2009. Donald Capoccia, 53, who has built roughly 4,500 condos and moderate-income housing units in all five boroughs, took the day after Thanksgiving off, for the first time in 20 years, because business was so slow. He is shifting his attention to projects like housing for the elderly on Staten Island, which the government seems willing to finance. Some of their better known and even wealthier counterparts are facing the same problems. In August, Deutsche Bank started foreclosure proceedings against William S. Macklowe over his planned project at the former Drake Hotel on Park Avenue. Kent M. Swig, Mr. Macklowe’s brother-in-law, recently shut down the sales office for a condo tower planned for 25 Broad Street after his lender, Lehman Brothers, declared bankruptcy in September. Several commercial and residential brokers said they were spending nearly half their days advising developers who are trying to find new uses for sites they fear will not be profitable. “That rug has been pulled out from under their feet,” said David Johnson, a real estate broker with Eastern Consolidated who was involved with selling the site for the proposed hotel to Mr. Blaichman, Jay-Z and their business partners for $66 million, which included the property and adjoining air rights. Mr. Johnson said that because many banks are not lending, the only option for many developers is to take on debt from less traditional lenders like foreign investors or private equity firms that charge interest rates as high as 20 percent. That doesn’t mean that all construction in New York will grind to a halt immediately. Mr. Guberman is moving forward with one condo tower at 87th Street and Broadway that awaits approval for a loan; he expects it will attract buyers even in a slowing economy. Mr. Capoccia is trying to finish selling units at a Downtown Brooklyn condominium project, and is slowly moving ahead on applying for permits for an East Village project. Mr. Blaichman, 54, is keeping busy with four buildings financed before the slowdown. He has found fashion and advertising firms to rent space in his tower at 450 West 14th Street and buyers for two downtown condo buildings. He recently rented a Lower East Side building to the School of Visual Arts as a dorm. Mr. Blaichman had success in Greenwich Village and the meatpacking district, where he developed the private club SoHo House, the restaurant Spice Market and the Theory store. He had similar hopes for the area along the High Line, where he bought properties last year when they were fetching record prices. An art collector, he considered the area destined for growth because of its many galleries and its proximity to the park being built on elevated railroad tracks that have given the area its name. The park, which extends 1.45 miles from Gansevoort Street to 34th Street, is expected to be completed in the spring. Other developers have shown that buyers will pay high prices to be in the area. Condo projects designed by well-known architects like Jean Nouvel and Annabelle Selldorf have been eagerly anticipated. In recent months, buyers have paid $2 million for a two-bedroom unit and $3 million for a three-bedroom at Ms. Selldorf’s project, according to Streeteasy.com, a real estate Web site. “It’s one of the greatest stretches of undeveloped areas,” Mr. Blaichman said. “I still think it’s going to take off.” In August 2007, Mr. Blaichman bought the site and air rights of a former Time Warner Cable warehouse. He thought the neighborhood needed its first full-service five-star hotel, in contrast to the many boutique hotels sprouting up downtown. So with his partners, Jay-Z and Abram and Scott Shnay, he envisioned a hotel with a pool, gym, spa and multiple restaurants under a brand called J Hotels. But since his mortgage brokers started shopping in late summer for roughly $200 million in financing, they have only one serious prospect for a lender. For now, he is seeking an extension on the mortgage — monthly payments are to begin in the coming months — and trying to rent the warehouse. (He currently has no income from the property.) It is perhaps small comfort that his fellow developers are having as many problems getting loans. Shaya Boymelgreen had banks “pull back” recently on financing for a 107-unit rental tower the developer is building at 500 West 23rd Street, according to Sara Mirski, managing director of development for Boymelgreen Developers. The half-finished project looked abandoned on two recent visits, but Ms. Mirski said that construction will continue. Banks have “invited” the developer to reapply for a loan next year and have offered interim bridge loans for up to $30 million. Mr. Blaichman cuts a more mellow figure than many other developers do. He avoids the real estate social scene, tries to turn his cellphone off after 6 p.m. and plays folk guitar in his spare time. For now, Mr. Blaichman seems stoic about his plight. At a diner, he polished off a Swiss-cheese omelet and calmly noted that he had no near-term way to pay off his debts. He exercises several times a week and tells his three children to curb their shopping even as he regularly presses his mortgage bankers for answers. “I sleep pretty well,” Mr. Blaichman said. “There’s nothing you can do in the middle of the night that will help your projects.” But even when the lending market improves — in months, or years — restarting large-scale projects will not be a quick process. A freeze in development, in fact, could continue well after the recession ends. Mr. Blank of the Urban Land Institute said he has taken to giving the following advice to real estate executives: “We told them to take up golf.” Correction: An article on Saturday about the end of the building boom in New York City referred incorrectly to the family relationship between the developers William S. Macklowe, whose planned project at the former Drake Hotel is in foreclosure, and Kent M. Swig, who shut down the sales office for a condominium tower on Broad Street after his lender, Lehman Brothers, declared bankruptcy. Mr. Swig is Mr. Macklowe’s brother-in-law, not his son-in-law.
  11. http://www.icisource.ca/commercial_real_estate_news/ When NIMBYism is warranted, and when it isn’t Of course, the question is whether a proposed development, infill project or new infrastructure build really does pose a risk to these cherished things. Developers and urban planners must always be cognizant of the fact that there is a segment of the population, a fringe element, who will object to just about anything “new” as a matter of principle. I’ve been to many open houses and public consultations for one proposed project or another over the years. There is almost always that contingent of dogged objectors who invariably fixate on the same things: Parking – Will there be enough if the development increases the population density of the neighbourhood or draws more shoppers/workers from elsewhere? Traffic – Will streets become unsafe and congested due to more cars on the road? Transit – Will this mean more busses on the road, increasing the safety hazard on residential streets, or conversely will there be a need for more? Shadowing – is the new build going to leave parts of the neighbourhood stuck in the shade of a skyscraper? These are all legitimate concerns, depending on the nature of the project in question. They are also easy targets for the activist obstructionist. Full and honest disclosure is the best defence Why? Because I see, time and again, some developers and urban planners who should know better fail to be prepared for objections rooted on any of these points. With any new development or infrastructure project, there has to be, as a simple matter of sound public policy, studies that examine and seek to mitigate impacts and effects related to parking, traffic, shadowing, transit and other considerations. It therefore only makes sense, during a public consult or open house, to address the most likely opposition head on by presenting the findings and recommendations of these studies up front in a clear and obvious manner. But too often, this isn’t done. I’ve was at an open house a few years ago where, when asked about traffic impact, the developer said there wouldn’t be any. Excuse me? If your project adds even one car to the street, there’s an impact. I expect he meant there would be only minimal impact, but that’s not what he said. The obstructionists had a field day with that – another greedy developer, trying to pull the wool over the eyes of honest residents. This is a marketing exercise – treat it like one This is ultimately a marketing exercise – you have to sell residents on the value and need of the development. Take another example – a retirement residence. With an aging population, we are obviously going to need more assisted living facilities in the years to come. But in this case, the developer, speaking to an audience full of grey hairs, didn’t even make the point that the new residence would give people a quality assisted-living option, without having to leave their community, when they were no longer able to live on their own. I also hear people who object to infill projects because they think their tax dollars have paid for infrastructure that a developer is now going to take advantage of – they think the developer is somehow getting a free ride. And yet, that developer must pay development charges to the city to proceed with construction. The new build will also pay its full utility costs and property taxes like the rest of the street. City hall gets more revenue for infrastructure that has already been paid for, and these additional development charges fund municipal projects throughout the city. Another point, often overlooked – when you take an underperforming property and redevelop it, its assessed value goes up, and its tax bill goes up. The local assessment base has just grown. City hall isn’t in the business of making a profit, just collecting enough property tax to cover the bills. The more properties there are in your neighbourhood, the further that tax burden is spread. In other words, that infill project will give everyone else a marginal reduction on their tax bill. It likely isn’t much, but still, it’s something. Developers must use the facts to defuse criticism Bottom line, development is necessary and good most of the time. If we didn’t have good regulated development, we would be living in horrid medieval conditions. Over the last century and a bit, ever growing regulation have given us safer communities, with more reliable utilities and key services such as policing and fire. Yes, there are examples of bad development, but if we had none, as some people seem to want, no one would have a decent place to live. It just astonishes me that developers and urban planners don’t make better use of the facts available to them to defuse criticism. It’s so easy to do it in the right way. Proper preparation for new development public information sessions is the proponent’s one opportunity to tell their story, and should not be wasted by failing to get the facts out and explaining why a project is a good idea. To discuss this or any other valuation topic in the context of your property, please contact me at [email protected] I am also interested in your feedback and suggestions for future articles. The post Why do public planning projects go off the rails? appeared first on Real Estate News Exchange (RENX). sent via Tapatalk
  12. http://www.newswire.ca/news-releases/montreal-now-a-member-of-the-world-tourism-cities-federation-575257221.html MONTRÉAL, April 11, 2016 /CNW Telbec/ - Montréal is now officially a member of the World Tourism Cities Federation (WTCF). This non-profit organization is a select club made up of the world's leading tourism cities, such as Los Angeles, Paris, Berlin and Barcelona. Initiated in 2012 by Beijing, its primary objective is to promote exchanges between top international destinations and share tourism development experience. With its headquarters in China, the organization is committed to improving the attractiveness of tourism cities and promoting harmonious economic and social development in these centres. "We are delighted to see that Montréal has a seat at the table with the world's biggest tourism superpowers. This is an excellent opportunity to position our city among the very best urban destinations on the planet," said Denis Coderre, Mayor of Montréal. "Montréal will have the chance to draw inspiration from these reputed destinations to enhance its tourism potential. In addition to participating in discussions, we will seize the opportunity to forge closer ties with various Chinese institutions. China is an important market for Montréal, with very promising tourism and economic opportunities," added Yves Lalumière, President and CEO of Tourisme Montréal. With new direct flights to China and increased economic missions to the country, Montréal is now in an excellent position to attract more tourists from this rapidly developing country. Moreover, tourist traffic from China is expected to increase 15% annually for the next three years. About Tourisme Montréal Tourisme Montréal is responsible for providing leadership in the concerted efforts of hospitality and promotion in order to position the "Montréal" destination on leisure and business travel markets. It is also responsible for developing Montréal's tourism product in accordance with the ever-changing conditions of the market.
  13. https://austinonyourfeet.wordpress.com/2015/11/23/9-things-people-always-say-at-zoning-hearings-illustrated-by-cats/?utm_content=bufferc065f&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer AUSTIN ON YOUR FEET 9 THINGS PEOPLE ALWAYS SAY AT ZONING HEARINGS, ILLUSTRATED BY CATS November 23, 2015Dan Keshet If you watch enough zoning hearings, the testimony begins to sound pretty repetitive. That novel argument you’re making? The Council members have heard it a million times before. Here are 9 of the things we hear most often at zoning hearings, illustrated by cats. 1. I’M NOT OPPOSED TO ALL DEVELOPMENT. JUST THIS DEVELOPMENT. Those 1,000 times you sat on your couch to support developments far away from you surely counterbalance that one time you came out to oppose your neighbor’s development. If you’re opposed, just tell us why; don’t go on about how you’re not a person that opposes things. 2. NOBODY TALKED TO ME! The city notifies neighbors and registered civic organizations about upcoming permits. Developers seek out people they think might be affected. But it’s hard to know who is going to care and notifications are often thrown out. Don’t feel left out! If you’re at the hearing, you’re being heard. Just say what’s on your mind. 3. REALITY IS, EVERYBODY DRIVES A CAR. Usually said while proposing somebody build more parking. If you want that reality to ever change, you have to accept building less car infrastructure. 4. THESE GREEDY DEVELOPERS ONLY THINK ABOUT PROFITS Land development is a business. Like all businesses, sometimes you make money and sometimes you lose money. You just try to make sure that you make enough money on the winners to cancel out the losers. Focusing in on the fact that the developer is hoping to make money makes your testimony sound more like you oppose out of spite than a particular reason. 5. LET ME TELL YOU MY THEORY OF ECONOMICS If council members haven’t learned economics by now, they’re not going to learn it from your three minute testimony. 6.WHAT THIS NEIGHBORHOOD REALLY NEEDS IS A COFFEE SHOP, NOT MORE APARTMENTS For all the mean things people sometimes say about developers, a lot of folks seem to fashion themselves amateur land developers, with a keen eye on exactly what types of businesses will succeed or fail. As it turns out, those things coincide perfectly with the things they personally enjoy. 7. I’M 5TH GENERATION! MY GREAT GREAT GRANDFATHER MOVED HERE BEFORE THIS WAS EVEN ON THE MAP! That entitles you to one vote, just like everybody else. Now tell us what you came up here to say. 8. WE NEED TO RESPECT THE HUNDREDS OF HOURS SPENT CRAFTING THIS NEIGHBORHOOD PLAN Respecting people for volunteering time making plans doesn’t mean those plans should never change. Now tell us your reasons for or against this particular change. 9. THIS HOUSING IS TOO SMALL FOR ME! Different people have different needs and desires! Just because you don’t like a particular thing doesn’t mean nobody would like it. sent via Tapatalk
  14. http://www.montrealgazette.com/business/sale+city+buildings+prime+spots/5275338/story.html By Allison Lampert, The Gazette August 18, 2011 10:08 PM The former H.L. Blachford Ltd. manufacturing building at 977 Lucien L'Allier St. was purchased for $6.8 million in 2000 MONTREAL - The real-estate arm of the city of Montreal is poised to sell two buildings in prime downtown locations that have been sitting half-empty for years, The Gazette has learned. The two buildings, located near the Bell Centre, are among hundreds of thousands of square feet of downtown Montreal real estate that has recently changed hands – or is to be sold off – for new office and residential projects, at a time when land prices have reached all-time highs. The buildings, which are to be put up for tenders this year by the Société d’habitation et de développement de Montréal, are located on sites originally destined for the third phase of Quebec’s ill-fated E-Commerce Place. Quebec’s Department of Finance mandated the SHDM to manage the buildings it bought for close to $7.9 million in 2000. “We want to put them for sale by the end of the year,” said Carl Bond, director of real estate management for the SHDM, a paramunicipal organization that owns and manages affordable housing units, along with several commercial buildings. “Those buildings will be sold, but we need an authorization from the (Department) of Finance.” Located at 977 Lucien l’Allier, and 1000-1006 de la Montagne St., south of René Lévesque Blvd., the buildings were initially slated to be demolished to make way for gleaming office towers. They were to be the last part of the 3-million-square foot Parti Québécois-supported project that was later scrapped by the Liberal government in 2003. The 24,000-square-foot site north of the Lucien l’Allier métro station was purchased from manufacturer H.L. Blachford Ltd. for $6.8 million in 2000 – far above the building’s 2011 municipal evaluation of $4.5 million. The disparity between the sales price and the current evaluation, an SHDM spokesperson explained, is because the land was to be used for a lucrative office tower, worth far more than a four-storey manufacturing plant. The two buildings have taken a long time to come to market. That’s because Blachford had a lease at the building until this spring when it ceased operations, Bond said. A travel agency is still operating at the building on de la Montagne, part of which is in a decrepit state. What’s more, the SHDM is now embroiled in legal talks with Blachford over the cost of cleaning up the building, which is contaminated. “Right now the lawyers are talking and we’re hoping to settle this out of court,” Bond said. But some commercial brokers say the SHDM lucked out in waiting. The buildings, they said, would be ideal for residential development at a time when new condos are being constructed in record numbers and downtown land is selling at a premium. “In terms of timing, it’s better to go to the market today,” said Louis Burgos, senior managing director, Cushman & Wakefield, Montreal. Today, land in the downtown area is being sold for $250 to $350 per square foot, brokers say, depending on the level of building density, or how much can be developed overall on the site. The SHDM’s two buildings won’t be coming to market alone. Another three sites have either traded hands, or are to come to market this year for the purpose of development. In late July, a site of Overdale Ave., an estimated 140,000-square-foot plot on the south side of René Lévesque Blvd, beside Bishop St., was sold by a company based out of a Sherbrooke St. West art gallery run by director Robert Landau for $28 million, provincial records show. The buyer is a numbered company owned by investor Kheng Li, who is a partner of E. Khoury Construction Inc. A worker at Khoury who didn’t want to be identified, said the site could be used for either residential or office development. And in April, Cadillac Fairview Corp. Ltd. announced a $400 million investment for an office and three condo towers to be built near the Bell Centre, on Saint Antoine and de la Montagne Sts. Yet a fifth land site near the Bell Centre is to be put on the market next week, The Gazette has learned. The price these sites will fetch will depend on a combination of zoning and market demand. The red-tape Montreal developers have historically faced in obtaining zoning changes to built higher — and more economically viable buildings — may be easier to deal with if the seller is a city agency, brokers say. [email protected] http://www.twitter.com/RealDealMtl Read more: http://www.montrealgazette.com/business/sale+city+buildings+prime+spots/5275338/story.html#ixzz1VRFi0FYh
  15. Article by FDI intelligence (financial times) Rankings: 1. New York City 2. Sao Paulo 3 Toronto 4.MONTREAL 5. Vancouver 6. Houston 7. Atlanta 8. San Francisco 9. Chicago 10. Miami "Canadian cities Toronto, Montreal and Vancouver ranked third, fourth and fifth, respectively, and performed particularly well in the attraction of knowledge-intensive FDI. All three locations were among the top 20 key destination and source cities for FDI. With the exception of New York, Montreal-based companies invested in more FDI projects than other city in the Americas region" "Business friendly Canada Placed in third, Montreal’s success lies in retaining and developing relationships with existing investments – data from fDi Markets shows that one in five FDI projects since 2003 were expansions. Montreal tops strategy list The prize for Best Major American City for FDI Strategy 2013/14 is awarded to Montreal. It beat 126 competitors across North and South America who submitted information regarding their FDI strategies. In its American Cities of the Future submission, economic development agency Montréal International stated that its economic development strategy has centred predominantly around high-tech clusters, and in particular aerospace, life sciences and health technologies, as well as information and communications technology (ICT). Elie Farah, vice-president of Investment Greater Montréal, says: “The year 2011 was one of the best for Montréal International in terms of attracting FDI since 2005. This is partially explained by the investments from Europe which, in the past two years, have become the main source of FDI in the region.” http://www.fdiintelligence.com/Locations/Americas/American-Cities-of-the-Future-2013-14
  16. C'est encore payant d'aller sur SSP... http://skyscraperpage.com/montreal/en/ Dates: March 25 to 31, 2008 Where: The Grande Place in complexe Desjardins (located in downtown Montreal), in a neighbourhood that is home to several future urban development projects. Description: We are proud to present the 2nd official edition of a unique public event that highlights real estate development and infrastructure projects (commercial, residential, institutional and governmental) that will change the landscape of Montreal over the next quarter-century. This special event will feature a record number of architectural models, designs and plans loaned by various promoters and organizations and presented at the Grande Place in complexe Desjardins. The first edition in March 2006, presented at the CDP Capital Centre, was a huge success. This time we are planning for an even greater number of exhibitors and participants, and will be adding two new important elements - major TRANSPORTATION infrastructures and ENVIRONMENTAL PROJECTS (sustainable development). Members of the business community and government officials will be on hand for the official opening event at the exhibition site on March 25, 2008 hosted by honorary president Benoit Labonté, Mayor of the Borough of Ville Marie. This event will be attended by over 500 guests, all of whom are involved in and concerned about the urban and economic development of Montreal. The exhibition will be open to visitors free of charge. Thousands of visitors are expected over the course of the event, given that the complexe Desjardins attracts traffic of some 36,000 people every day. For more info on the exhibition: Robert J. Vézina, organiser 514-875-1353 ext. 205 [email protected] http://www.boma-quebec.org
  17. Le Chagall -Condominiums -Engel Construction and Development Group -2 tours de 17 étages -153 pieds, 47 mètres http://lechagall.com/Chagall/FR/movingup.html http://lechagall.com/Chagall/EN/movingup.html Es-qu'il y a des nouvelles sur ce projet?
  18. I haven't seen this article posted anywhere. Given the challenges presented with putting up the Mackay project I suspect this doesn't bode well for future tall development. Megaproject proposals put Montreal at 'major crossroads': founder Lambert http://www.montrealgazette.com/news/think+tank+will+conscience+mayor/2104533/story.html
  19. China's fastest-changing cities Hong Kong Skyline MATT WOOLSEY Forbes.com November 5, 2008 at 2:09 PM EST Ten years ago, the Minnan Hotel dominated the skyline in Xiamen, a special economic zone on the Taiwan Strait. At 168 metres tall – about the size of the skyscrapers that abut New York's Central Park – it was a conspicuous outlier in a developing city. Now, it's beginning to look like a tree in a forest, as buildings just as tall have popped up across the waterfront and in the city centre. But development in Xiamen hasn't been nearly as rapid as in Shenzhen or Guangzhou, two cities on the Pearl River Delta. With dynamic economies based on industry, service, shipping and logistics, they are China's fastest-changing cities by our measures. Hong Kong, Shanghai and Beijing round out the top five. They're followed by Dalian and Nanjing, two cities that have emerged as factory-based growth centres, but are also turning into vibrant markets for consumer goods. Behind the numbers These rankings are based on three measures of China's 20 most populous cities. To gauge recent change, we looked at economic growth using indexed data from the Chinese Academy of Social Sciences (CASS), a state research agency. Smaller industrial boomtowns like Hefei and Suzhou scored particularly well by this measure. We also examined the growth of each city as a market, which symbolizes the changing of cities from industrial centres to service-driven economies. For this measure, we looked at data from CASS as an indicator of where growth and change would continue. With global growth slowing, Chinese cities are going to become more reliant on domestic spending. “In the global slowdown, China's domestic market is the key linchpin,” says Yuwa Hedrick-Wong, economic adviser for MasterCard Worldwide. “There's a lot of government spending right now on social welfare programs to try and unlock households' savings.” Finally, we looked at the most obvious and aesthetic indicator of change in China: the cities' skylines. The government that didn't officially use the word “urbanization” until the late ‘90s and that was founded on Mao Zedong's agrarian principles now rules a country more than 50 per cent urban in its population distribution. Skyscrapers and cranes may be the best marker of globalization's effect on China. Using data from Emporis, a global builder based in Germany, we ranked each city by the aggregate height of its skyline. What the future holds If industrialized expansion was the tale of the last 10 years, consolidation will be the story of the next decade. Shenzhen, once a fishing village, has been competing for logistics, financial and technology services with Hong Kong ever since the 1997 changeover. Shenzhen, which borders Hong Kong to its north, has grown at an annual clip of 18 per cent since the 1997 changeover, according to the Asia Development Bank. Shenzhen was the mainland Chinese rival to Hong Kong before that city became part of China, but has only recently decided to move toward economic co-operation, instead of competition, with the special administrative region. That means ceding financial services to Hong Kong and enhancing logistical and shipping services in Shenzhen, says Yan Xiopei, vice-mayor of Shenzhen. “We want to connect Shenzhen and Hong Kong,” says Xiaopei. “We will make endeavours for building Shenzhen and Hong Kong into a world-class metropolis.” Not far from Shenzhen, a massive railway and port expansion development across the Pearl River Delta, slated for completion in 2010, will connect the east- and west-bank factory facilities, which manufacture everything from Apple electronics to Wal-Mart products, to the deep-water shipping ports on the east bank. “Factories on the western bank have always been at a disadvantage, because they don't have access to the deep-water ports on the east bank,” says Andrew Ness, executive director of C.B. Richard Ellis, an international commercial real estate firm. “The railway will change that.” Even more obvious in the next decade will be the economic integration of small villages and cities into major metropolises in parts of the Yangtze River Delta outside of Shanghai and in the periphery of the Beijing-Tianjin corridor in the north. Of course, keep in mind that China's idea of a small village can have a population close to one million. “Five-hundred thousand to 800,000 [resident] towns aren't even considered cities, but small townships,” says Fan Gong, director of the National Economic Research Institute in China. “We will see several regions grab together on the river areas and form large metropolitan areas.” According to Mr. Gong, the government is abandoning past policies like the urban registration system, which kept farmers in the country, and is instead encouraging urbanization. Mr. Gong estimates that by 2050, 75 per cent of China's population will live in cities. The rapidly changing nation may no longer be recognizable to Mao, though reformer Deng Xiaoping might enjoy the 92 cities with one-million-plus people.
  20. Nakheel to build 1km-high new tower Dubai: 5 hours and 49 minutes ago Dubai-based master developer Nakheel has announced plans to build Nakheel Harbour & Tower, a new community which will boast a tower more than a kilometre high and the world’s only inner city harbour. The project, inspired by Islamic design and geometry, was launched at a VIP event hosted by Sultan Ahmed bin Sulayem, chairman of Dubai World. The development will cover an area of more than 270 hectares and become home to more than 55,000 people, a workplace for 45,000 more and attract millions of visitors each year. “There is nothing like it in Dubai”, Bin Sulayem said at the launch. “Nakheel Harbour & Tower is located in the heart of ‘new Dubai’, where we have focused on creating a true community, a location for living, working, relaxing and entertaining, for art and culture. All of this is concentrated in one area.” Nakheel Harbour & Tower incorporates elements from great Islamic cities of the past - the gardens of Alhambra in Spain, the harbour of Alexandria in Egypt, the promenade of Tangier in Morocco and the bridges of Isfahan in Iran. Nakheel Tower will have four individual towers within a single structure – a groundbreaking engineering feat. A distinctive crescent-shaped podium encircles the base and complements its remarkable height. Not only has a development of this shape and scale not been attempted before, but it is also a further example of Nakheel’s innovative projects that have changed the way the world looks at Dubai, he said. The multibillion dollar Nakheel Harbour & Tower development will include 250,000 sq m of hotels and hospitality space, 100,000 sq m of retail space and huge expanses of green spaces including canal walks, parks and landscaping. The new development is geographically central to the Emirate of Dubai, at the intersection of Sheikh Zayed Road and the Arabian Canal; and will also complement Nakheel’s surrounding developments including Jumeirah Park, Jumeirah Islands, Discovery Gardens and Ibn Battuta shopping mall. The Nakheel Harbour & Tower development minimises car use and maximises train, bus and water transportation. A complete transportation hub blends into the harbour area with metro transportation combined with a unique water transport interchange, with Abra and Dhow station links. Sustainability and safety will be key to the planning and design of Nakheel Harbour & Tower, with the latest standards and technology incorporated in the development. “It sends another message to the world that Dubai has a vision like no other place on earth.” FACT SHEET • The project will take in excess of 10 years to complete, but completion will be phased, with various stages coming on line much earlier • The project location is at the intersection of Sheikh Zayed Road and the Arabian Canal, with Waterfront to the west and Deira to the east • It will cover an area over 270 hectares • It includes the world’s only inner city harbour • It includes a tower that will be more than a kilometre high • Apart from the Nakheel Tower there will also be another 40 towers ranging in height from 20 floors to 90 floors (250 meters to 350 meters) • Nakheel Harbour & Tower will be home to more than 55,000 people and a work place for more than 45,000 people • There will be more than 19,000 residential apartments. These will include a diverse mix of housing – from affordable family homes to exclusive villas and penthouses. • There is more than 950,000 sq m of commercial and retail space • There will be more than 3,500 hotel rooms. There will be a super luxury 100 room hotel at the top of Nakheel Tower • There will be approximately 30,000 workers involved in the development of the Nakheel Harbour & Tower • Nakheel Tower public space: to complement the dramatic height and volume of the tower, an expansive, breath-taking crescent-shaped open space “rings” the tower and extends out into the neighbouring districts • The (Arabian) Canal Promenade: visitors and residents will have access to over 3.9 km around the tower precinct of meandering canal promenade environment and stretching to over 10 km along the entire embankment. As one of the unique features of this development, the canal promenade will connect Sheikh Zayed Road to Emirates Road through a myriad of urban experiences and spectacular views to the Tower • Internal public space: while every block will be identifiable by a unique common internal open space, a series of distinctive neighbourhoods are planned. Weaving through the precinct blocks will be a chain of interlinked open and public spaces. Residents and visitors will be able to walk though continuous walkways stretching over 1800 m, while experiencing the uniqueness of every community block • An eight hectare canal district along the bank of the canal will incorporate a network of waterways. This district will also allow for the most desired vantage points towards the tower. Onlookers will be able to see the uniqueness of an over a kilometre high tower with a bustling marine harbour at its base • To provide an active connection to the Ibn Battuta district, a ‘living’ bridge is planned over the canal allowing a seamless urban experience. This will be complemented by another iconic pedestrian bridge connections overlooking the Arabian Canal The Nakheel Tower • The Nakheel Tower will be more than a kilometre high • It will have over 200 floors • It will have approximately 150 lifts • The design structure of four separate elements allows for structural rigidity while also allowing the wind to pass freely in the spaces between the skybridges reducing the overall wind load • Total volume of concrete will be 500,000 cu m • All of the reinforcing bars laid end to end could stretch from Dubai to New York (1/4 of the way around the world) • The tower will have 20 km of barrettes – (almost 400 barrettes). Barrettes are a form of pile used to make the foundation. A single foundation barrette has the capacity to support a 50 storey building. • The building has enough cooling capacity to air-condition over 14,000 modern homes or to service 14 luxury resort hotels each with 2,000 rooms and all the public areas and amenities • The building is so tall that it experiences five different microclimatic conditions over its height, each with individual design features • The temperature in the atmosphere at the top of the building can be as much as 10 degrees cooler than the bottom • Due to the high speed shuttle lifts one may be able to see the sunset twice from the bottom and again from the top of the building • The goal is to achieve the highest LEED certification we can for a building this size • There will be approximately 10,000 car parking spaces in Nakheel Tower • Nakheel Tower and podium combined will be in excess of 2 million sq m – TradeArabia News Service http://www.dailymail.co.uk/news/worl...-1km-high.html http://www.tradearabia.com/news/REAL_150270.html http://canadianpress.google.com/arti...djiFHAm5kzMsIA http://www.thenational.ae/article/20...042682/-1/NEWS
  21. À la fois imposant et gracieux, le complexe résidentiel du 333 Sherbrooke constitue un exemple d’intégration urbaine. Érigé sur le terrain en friche de l’ancien couvent Saint-Louis-de-Gonzague, l’ensemble immobilier définit un nouveau lieu mariant harmonieusement architecture, design urbain et architecture du paysage. Le projet relie deux tours d’habitation de 10 étages s’élevant sur la rue Sherbrooke à de nouveaux condoplex de 4 étages jouxtant le square Saint-Louis, haut lieu de l’élite canadienne-française du début du siècle. La façade est rythmée par la répétition d’une baie type parfois agrémentée de balcons français qui donnent du relief à la paroi des bâtiments sur la rue Sherbrooke. La modulation de la volumétrie crée de nombreuses terrasses en cascades. Au sommet des immeubles, une structure en forme de pont suspendu fait office de trait-d’union et abrite une piscine extérieur de même qu’un toit terrasse jouissant de vues imprenables. Du côté jardin, une succession de petits bâtiments individuels de quatre étages s’articule autour d’une placette. Cette organisation s’associe facilement à l’environnement domestique typique du Quartier latin. CANADIAN COMMERCIAL REAL ESTATE NEWSLETTER Vol. 10 No. 50 Dec. 15, 2006 Editor: Maurice Gatien LL.B. HOMBURG JV INVESTS IN MONTREAL CONDO PROJECT HOMBURG BPF CANADA, a joint venture between Halifax-based Homburg Invest Inc. and SNS Property Finance (formerly Bouwfonds Property Finance) of The Netherlands, purchased a 66.67% interest in a condominium development in Montreal. The remaining 33.33% interest will be held by LES INVESTISSEMENTS F.P. S.E.C., whose general partner is Montreal-based TELEMEDIA DEVELOPMENT I INC. The joint venture has invested $3.8 million in the residential condominium development located at 333 Sherbrooke Street East in downtown Montreal. Phase I of the development currently includes an inventory of 35 completed units available for sale in a 9-storey condominium tower and 4 multiplexes (113 residential units in total). Phase II is yet to be constructed but will include 112 condominium units and 213 parking stalls housed in another nine story tower and another two multiplexes. Construction on Phase II is expected to begin early in the New Year. Link: http://www.homburginvest.com
  22. Bronfman’s famous relatives fled the city long ago Macleans : Martin Patriquin There are a couple of reasons why Stephen Bronfman seems to be smiling more than usual these days. Having failed in his bid to purchase the Montreal Canadiens last year, the eldest child of billionaire Charles Bronfman got quite a consolation prize by luring the Habs’ former president Pierre Boivin to Claridge Inc., the private investment firm the 47-year-old has run for 15 years. Scoring Boivin, who will serve as Claridge’s president and CEO, is a coup for the small investment house: as one of Quebec’s most respected business minds, he was reportedly courted by some of the biggest companies in the province. Mostly, though, Stephen Bronfman is decidedly optimistic about the future of Montreal—which, coming from a Bronfman, is good news for the city. Though the family made their name and much of their fortune in Quebec through liquor behemoth Seagram’s, practically all of the members of the sprawling Bronfman family tree have left. The reason represents a familiar narrative in Quebec’s history: the province’s political upheaval, beginning with the election of the Parti Québécois in 1976, caused a monumental flight of capital, mostly to Toronto. This included Stephen’s cousins Peter and Edward, who departed shortly after selling off their ownership of les Canadiens in 1978. Stephen’s father Charles debarked for New York, while American cousin Edgar Jr.’s disastrous reign as head of Seagram’s is the stuff of dubious legend. Throughout it all, Stephen Bronfman has mostly stayed put in Montreal. “I guess I’m a bit more of a traditionalist, and very proud to be the last man standing, so to speak,” he says from his downtown office. “There’s a sense of history, tradition, pride of being third-generation Bronfman in Montreal.” Bronfman joined Claridge, the boutique investment firm started by his father, in 1991; four years later he negotiated a deal to buy Labatt’s broadcast assets; the ensuing company was sold to CTV in 1999, nearly doubling Claridge’s initial $45-million investment. That same year, Bronfman joined a group of investors attempting to keep the Expos in Montreal. One of Claridge’s recent successes was investing in SunOpta, an Ontario-based and publicly traded purveyor of organic foods. Claridge’s initial investment was $2 million in 2001; SunOpta’s sales have since grown sixfold to nearly $900 million in 2010. Canadian Business magazine deemed SunOpta stock to be the best cash-flow generator of 2010. Claridge has two new major construction projects in Montreal—Les Bassins du Nouveau Havre, a 2,000-unit housing development on 23 acres bordering the Lachine Canal, and Le Seville, a $120-million housing and retail development plunked down into what has been a decrepit void of western Ste. Catherine Street. The 450-unit development wasn’t without its hiccups: namely, a plan to bring organic grocer Whole Foods to the site fell through. “I think they got nervous about the climate, about doing business in a predominantly French market,” Bronfman says. These investments aren’t happenstance; as Bronfman notes, Montreal’s real estate market is doing quite well. Last year saw a nine per cent increase in housing sales volume, according to the Greater Montreal Real Estate Board. The city’s GDP, meanwhile, has increased by roughly 20 per cent since 2000—nothing flashy, but without the drastic dips faced by many North American cities recently. Bronfman’s decision to stay in Montreal through thick and thin has had a positive effect on the city’s anglophone community in particular, says McGill business professor Karl Moore. “The Bronfmans have a storied history here, and it’s encouraging to Anglo Montrealers that he’s stayed close to his roots here,” he says. “It’s good for the community, and suggests we should do the same.” As a smaller and private investment firm, Bronfman says Claridge is well-positioned to reap the benefits of Quebec’s peculiar business climate: the wariness to search out funding from big, out-of-province firms. “There’s always a bit of trepidation with local business people,” he says. “They’ve invested their life and their emotion into their business and they don’t want to have someone strip out their management just for the almighty dollar. We’ve won out a few deals where we’ve beaten multinationals by buying, say, a food business, maybe paid a little less, but the entrepreneur is much happier to do business with a local family office than a large corporation.” But what of Quebec’s old (but ever-present) political ghosts? After all, unpopular as it may be right now, the question of Quebec sovereignty remains a stubborn constant. Regardless, Bronfman is staying put. “That’s the nature of the beast,” he says of Montreal. “There’s always going to be ups and downs. It’s what makes Quebec an exciting place to live.”
  23. Canadian Investor Bets on a Montreal Revival Cadillac Fairview Wants to Expand City's Business Center to the South By DAVID GEORGE-COSH Nov. 5, 2013 6:11 p.m. ET For more than two decades, Montreal was one of the sleepiest office markets in Canada, seeing no new private development as cities such as Toronto and energy-rich Calgary added millions of square feet of new space. Now, as Canadian investors step up real-estate investment throughout the world, a company owned by one of Canada's largest pension funds is looking to shake things up. Cadillac Fairview Corp., a unit of Ontario Teachers' Pension Plan, wants to expand the city's business center to the south with a planned 1.9 billion Canadian dollars ($1.82 billion) development next to the Bell Centre, where the National Hockey League's Montreal Canadiens play. The company earlier this year broke ground on the first building on the 9.2 acre site, named the Deloitte Tower after the professional-services firm that it lured from Montreal's traditional downtown. Owners of office buildings in Montreal's core dismiss the competitive threat, citing the lack of retail and transportation in the Deloitte Tower area. "I don't think that people who went to that location will be happy," says Bill Tresham, president of global investments at Ivanhoé Cambridge Inc., which owns the Place Ville Marie office complex that Deloitte is vacating. But Cadillac Fairview executives say businesses will be attracted to the tower's modern workspaces, energy efficiency and the civic square and skating rink in the complex modeled on New York's Rockefeller Center. "That's where we feel the growth is," says Sal Iacono, Cadillac's senior vice president for development in Eastern Canada. Developers in other cities have had mixed results when they have tried to build new business districts to compete with traditional downtowns. London's Canary Wharf development was forced to seek bankruptcy protection in its early years, although it eventually turned into a success. The Fan Pier project in Boston finally has gained traction after years of delay. The Cadillac Fairview development is partly a sign that Montreal has absorbed a glut of space that has hung over its office market for years. Its third-quarter vacancy rate for top-quality space downtown was 5.4%, compared with 9.4% in the third quarter of 2010, according to Cushman & Wakefield Inc. But the project also is a sign of the increasing appetite that Canadian investors have for real-estate risk as the world slowly recovers from the downturn. Canadian investors are on track to purchase at least US$15.6 billion of commercial real estate world-wide in 2013, up from US$14.5 billion in 2012, and a postcrash record, according to Real Capital Analytics Much of the interest is coming from Canadian pension funds, which have more of an appetite for risk than U.S. and European institutions because Canadian property wasn't hurt as badly by the downturn, experts say. The Canada Pension Plan Investment Board, the country's largest pension fund, allocated 11.1% of its assets to real estate, for a total of C$20.9 billion, in the first quarter of fiscal 2014. That is up from 10.7% in the first quarter of fiscal 2013, for a total of C$17.7 billion. Ontario Teachers' Pension Plan has been aggressive in several other sectors as it tries to shore up its funding deficit amid stubbornly low interest rates. The fund last month acquired Busy Bees Nursery Group, the largest child-care provider in the United Kingdom, for an undisclosed sum, while contributing US$500 million to Hudson's Bay Co.'s purchase of Saks Fifth Avenue for US$2.9 billion in July. Over the past year, Teachers' also has made investments in Australian telecom companies, oil assets in Saskatchewan and a supplier of outdoor sports-storage systems. Cadillac Fairview's real-estate portfolio increased to C$16.9 billion at the end of 2012, the last period for which data is available, up from C$15 billion in 2011. Montreal has a population of 1.65 million and its business sector, which relies heavily on aerospace, information technology, pharmaceuticals and tourism, remained relatively healthy during the downturn. The last commercial office buildings in its modern office district were completed by private developers in 1992. Nearly 20% of the city's office inventory was built before 1960, more than in other large Canadian cities, according to Cushman & Wakefield. Other pension funds also are making new investments in Montreal's office market, though they are focusing on core properties. Ivanhoé Cambridge, an arm of Quebec-based pension fund Caisse de dépot et placement du Québec, spent more than C$400 million in August to acquire full control of the Place Ville Marie office complex, and is planning a C$100 million upgrade. Cadillac Fairview began assembling land for its project in 2009 when it acquired Windsor Station, a historic hub that dates to the 19th century. The area is southwest of Old Montreal, the historic section of the city near the St. Lawrence River. But the area has been unappealing to most office-building developers because it lacks many stores, restaurants or other amenities. "No one was interested in developing," Mr. Iacono says. The company has been planning a development including retail, office and residential space since then, but many were skeptical that businesses could be convinced to move outside of the city's traditional business center. That skepticism was damped when Deloitte announced plans to move. Then this year, the Alcan unit of mining giant Rio Tinto said it would move its headquarters to the top eight floors of the 500,000 square-foot tower, increasing its occupancy to 70%. Cadillac Fairview also has started building a 555-unit condo on the site. Eventually, the entire complex will include an additional 4 million square feet of office, retail and residential space as well as public areas. Deloitte executives say the new building—slated to open in 2015—was appealing because of its energy efficiency and green features such as stalls for charging electric cars. "This building is a catalyst for a whole energy for that part of the city," says Sheila Botting, national leader of real estate for Deloitte in Canada.