Jump to content

ville-marie 1050, rue de la Montagne - 37 étages


GDS

Recommended Posts

Pinned posts
  • 9 years later...

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.

 

http://www.mtlurb.com/pictures/main.php?g2_view=core.DownloadItem&g2_itemId=11946

 

http://www.mtlurb.com/pictures/main.php?g2_view=core.DownloadItem&g2_itemId=11948

  • Like 1
Link to comment
Share on other sites

Nice. It will be nice to see that whole area finally built up. So with this project, it will make for 7 projects in close proximity that will be going up (sooner or later).

Edited by jesseps
Link to comment
Share on other sites

This had been on the market for a good while I believe. I wouldn't get too excited for this one. It's not the land that is for sale but a long term land lease. I don't know too much in terms of details, but to develop a building on land you don't actually own, not the sexist option. It would obviously depend though on what type of land lease this is.

Link to comment
Share on other sites

I don't know too much in terms of details, but to develop a building on land you don't actually own, not the sexist option. It would obviously depend though on what type of land lease this is.

 

It depends how long is the "lease" for and the terms and conditions of the agreement, but I believe a lot of the buildings downtown (and elsewhere) were built on similar types of arrangements such as Place Ville-Marie, in which case we are talking about a 99 years leashold which is really called an emphyteusis.

Edited by lazou
Link to comment
Share on other sites

I like the idea of keeping the facade of Baton Rouge and integrating it to a modern tower.

 

Even though i doubt we'll ever see this tower, once the other lots in the area are developped and the area becomes more and more "trendy", maybe someone will be willing to look at an emphyteutic lease.

Edited by Habsfan
Link to comment
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
×
×
  • Create New...
adblock_message_value
adblock_accept_btn_value