Jump to content

Recommended Posts

  • Replies 440
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Posted Images

http://www.montrealgazette.com/business/Montreal+skyline+facing+changes/6310073/story.html

 

In the same article....

 

Eager to capitalize on growing demand for buildable land downtown, a Canderel executive said the company wants to sell because it’s already busy with an office project in the Quartier des spectacles, along with plans for a new, soon-to-be-announced residential development.

Link to post
Share on other sites

I emailed the Gazette writer, she believes somebody will buy the land... and if the zoning can be changed, this could become an interesting real estate project in terms of residential development.

Link to post
Share on other sites
http://www.montrealgazette.com/business/Montreal+skyline+facing+changes/6310073/story.html

 

In the same article....

 

Eager to capitalize on growing demand for buildable land downtown, a Canderel executive said the company wants to sell because it’s already busy with an office project in the Quartier des spectacles, along with plans for a new, soon-to-be-announced residential development.

 

Oui, j'ai bien hâte de connaître le site de ce projet résidentiel à venir !!!! Aura Montréal ? Ça serait extraordinaire dans tous les sens du mot !!!!

 

I emailed the Gazette writer, she believes somebody will buy the land... and if the zoning can be changed, this could become an interesting real estate project in terms of residential development.

 

En effet, ce site ne restera pas longtemps sur le marché selon moi.

Link to post
Share on other sites

Montreal skyline facing changes

 

 

By Allison lampert, GAZETTE Real estate reporter March 16, 2012

 

MONTREAL - Canderel’s Phillips Square site, long promoted as the future location of a gleaming 900,000 square foot LEED certified office tower is up for sale, The Gazette has learned.

 

Eager to capitalize on growing demand for buildable land downtown, a Canderel executive said the company wants to sell because it’s already busy with an office project in the Quartier des spectacles, along with plans for a new, soon-to-be-announced residential development.

 

“Having three (projects) in the same city at the same time was a little too much,” said Daniel Peritz, Canderel’s senior vice-president, Montreal and Ottawa.

 

The 80,000-square-foot site is hitting the market at a time when vacancy rates for downtown office space are dropping, fuelling pressure for new construction 20 years after the last privately funded tower was built in Montreal. The vacancy rate for Class A downtown buildings dropped to 6.2 per cent during the first three months of 2012, compared with 7.3 per cent during the same quarter last year, a report this week by real estate services firm Cushman & Wakefield said.

 

...

 

Read more: http://www.montrealgazette.com/entertainment/Montreal+skyline+facing+changes/6310073/story.html#ixzz1pNZI3GII

Link to post
Share on other sites
soooo... doesnt that effectively mean the phillips sq tower project as we know it is essentially scraped?...

 

that doesnt sound like a good news article to me at all

 

You are a bit late in the news... Yes the Sq Phillips project version Canderel is cancelled. It is now in the section des projets annulés of this forum.

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Similar Content

    • By budgebandit
      This fall, Broccolini is launching the much-anticipated residential development, Terra, in Sainte-Anne-de-Bellevue.
       
      This multi-phase eco-friendly project will offer a total of 130 luxurious townhouses in divided co-ownership with square footages ranging from 1,371 square feet to more than 2,500 square feet. All models include a large deck, a private yard, a two-car garage and high-end finishes. Prices for the units will start at $449,900 (taxes included).

      Immediate access to the new REM light-rail network

      Scheduled to open in 2020, the new REM (light rail) station in Sainte-Anne-de-Bellevue will offer train departures to downtown Montreal every 10 to 15 minutes, 20 hours a day, 7 days a week. With the REM, users will be able to get from Sainte-Anne-de-Bellevue to downtown in less than 35 minutes. Terra’s strategic location also gives residents direct access to highways 40 and 20.

      32% of greenspace within the community 

      Terra is located within minutes of the Morgan Arboretum, a forest eco-territory of more than 245 hectares. The project will reflect this natural setting. Within the development itself, large expanses of untouched forestland will be preserved. These stretches of woodlands surround and wind through the development creating natural green boundaries and establishing Terra as a distinct and ecological community.   

       
       
    • By nephersir7
      https://www.lobby.gouv.qc.ca/servicespublic/consultation/AfficherInscription.aspx?NumeroInscription=qQnG8da6qtmpGQumBbakNg%3d%3d
       
       
      http://plus.lapresse.ca/screens/2d537fa3-5f51-48e3-a482-99fe10ea1d36%7CLu7qkiO0B8LG.html
    • By UrbMtl
      Bāss Phase 4

       
       



×
×
  • Create New...