ville mont-royal Royalmount

[budgebandit]

2 hours ago, SameGuy said:

I expect we will see a South Block Lands announcement shortly as well, but I have lower expectations for 895DLG.

Depends on your definition of shortly

[Rocco]

3 minutes ago, budgebandit said:

Depends on your definition of shortly

In Montreal shortly is usually 5-10 years of course

[budgebandit]

2 minutes ago, Rocco said:

In Montreal shortly is usually 5-10 years of course

in that case, shortly is very accurate haha

[SameGuy]

That made me LOL

[SameGuy]

2 hours ago, KOOL said:

Oui je sais que c'est De la Gauchetière et je viens d'allumer pour le 895, c'est le lot au-dessus de la Gare Centrale. Un lieu crucial où ça prendrait du 200m même si devait un peu porter ombrage à la vénérable Grande Dame. Ça changerait pas mal la vue à partir du PSDC et du Kondiaronk

 

[saren_p]

So we still don't know if this project is a go or cancelled? Crazy.

[SameGuy]

4 hours ago, saren_p said:

So we still don't know if this project is a go or cancelled? Crazy.

Again, as long as we don’t have an official statement that it is cancelled, it is still on. I personally think it will go ahead, but the final design will be completely revamped from what we’ve seen so far.

[Né entre les rapides]

il y a 17 minutes, SameGuy a dit :

Again, as long as we don’t have an official statement that it is cancelled, it is still on. I personally think it will go ahead, but the final design will be completely revamped from what we’ve seen so far.

Right.  I take  "...the final design will be completely revamped..." as meaning that a project "...will go ahead..." on this site, and that the said project will be so different from the original one (which had already been amended btw), that  it could be argued that 1) the (original) project has been cancelled and 2) it will be replaced by  a new one  -- except  with the same developer and perhaps the same name.  (minor issue: do you keep the name or change for a new one?) 

As I have written some time ago, from the perspective of developers,  what really matters is making money on their investment: they have paid for the site, now they must make it profitable  -- not leave it empty for "20" years (not good for the cash flow).  Originally, it appeared that commercial and office spaces would predominate; now residential real estate is the "hot item": why not change direction?  -- especially if this is going to earn you praise instead of protest?  You will be the good guy!

[SameGuy]

1 hour ago, Né entre les rapides said:

Right.  I take  "...the final design will be completely revamped..." as meaning that a project "...will go ahead..." on this site, and that the said project will be so different from the original one (which had already been amended btw), that  it could be argued that 1) the (original) project has been cancelled and 2) it will be replaced by  a new one  -- except  with the same developer and perhaps the same name.  (minor issue: do you keep the name or change for a new one?) 

As I have written some time ago, from the perspective of developers,  what really matters is making money on their investment: they have paid for the site, now they must make it profitable  -- not leave it empty for "20" years (not good for the cash flow).  Originally, it appeared that commercial and office spaces would predominate; now residential real estate is the "hot item": why not change direction?  -- especially if this is going to earn you praise instead of protest?  You will be the good guy!

Same same. They could build a Couche Tard and a Days Inn on the site and it still wouldn’t be “cancelled.” 😄

[acpnc]

C'est VMR qui détient la clé de la réalisation de ce projet et rien n'a filtré depuis de longs mois quant au changement officiel de zonage pour du résidentiel. Il faut aussi voir ce projet dans le contexte général de l'économie montréalaise post-covid.

Il y a déjà un ralentissement dans l'ébauche de nouveaux projets de condos pour le moment et une offre probablement excédentaire en unités disponibles actuellement. Le locatif s'est aussi contracté en ville avec un taux de vacance moyen à 6%.

Maintenant il faudra voir ce qui pourra attirer de nouveaux résidents dans ce secteur en comparaison de l'attrait du centre-ville, où les services, la culture et les nombreux emplois ajoutent grandement à la qualité de vie et la mobilité des citadins.

Je ne vois donc pas pourquoi des gens iraient s'isoler dans un secteur qui sera en chantier durant de longues années, sans tenir compte des travaux routiers indispensables pour atténuer un des pires irritants dans le coin, les effets de la congestion automobile.

C'est pourquoi je crois qu'à moins que les prix des condos et pour la locatif soient vraiment très compétitifs. Il faudra plus qu'un centre commercial pour satisfaire les attentes d'une clientèle de plus en plus exigeante, qui ne manque pas d'options intéressantes ailleurs en ville et cela pour un avenir prévisible.