Montréal, November 9, 2016 – Construction of Vic & Lambert, the first residential building in Saint-Lambert to seek LEED® Gold certification, is underway. LSR GesDev president Annie Lemieux, Sotramont president Marc-André Roy and Fonds immobilier de solidarité FTQ president and CEO Normand Bélanger were all on hand for the ground-breaking ceremony. The 51-unit condo project should be completed within 12 to 18 months.
“We’re excited to see this project break ground. This residential building will offer an authentic living experience that fits right in with the pace of life so characteristic of Saint-Lambert,” said Annie Lemieux, president of LSR GesDev. “We want to create an exceptional environment with breathtaking views of the St. Lawrence River and downtown Montréal. We can’t wait to welcome the first owners at the end of next year.”
“By aiming for nothing less than LEED® Gold, we hope to offer genuine value to future property owners. This certification will make the building highly energy efficient, saving them a lot of money on their monthly energy bill,” added Sotramont president Marc-André Roy.
“Valued at over $25 million, Vic&Lambert will not only diversify the residential offer in this area but create more than 100 jobs,” said Normand Bélanger, President and CEO of the Fonds immobilier de solidarité FTQ. “As well, by aiming for LEED® Gold certification, this project fits right in with the Fonds Immobilier’s commitment to being a socially responsible investor.”
The Vic&Lambert Project
Designed to preserve the city’s charm, this contemporary building will feature expansive windows to maximize natural light. The project is located on a 26,715-square-foot lot, within walking distance of the village of Saint-Lambert and a 10-minute drive to downtown Montréal. The 8-storey building will consist of 42 condos, 9 penthouses and 78 indoor parking spaces. Ranging from 560 to 2,500 square feet, each unit will have 9- to 11-foot ceilings and include appliances, central air conditioning and high-end finishes. Condo owners will have access to a rooftop terrace, a gym, two elevators, bicycle storage areas and charging stations for electric cars.
Sales office: 440 Victoria Avenue, Saint-Lambert
Monday to Thursday: 12:00 p.m. to 7:00 p.m.
Friday to Sunday: 12:00 p.m. to 5:00 p.m.
About LSR GesDev
LSR GesDev is carving a reputation as an expert in managing and developing a variety of residential projects. The company works with partners and professionals to create aesthetically pleasing living spaces. Intent on striking that perfect balance between the characteristics of a building site and the housing needs of its clients, LSR GesDev delivers a value-added living environment. LSR GesDev was spawned by Groupe LSR, a world-class real estate developer, manager and owner that has been involved in multiple large-scale residential projects since its inception in 1969. www.lsr.ca.
About Sotramont
Founded over 45 years ago, Sotramont, the real estate developer behind the Bois-Franc project in Ville Saint-Laurent and Quartier Greenwich in Pointe-Claire, is the leading builder of prestigious single-family homes, townhouses and condominiums in Quebec. Over the years Sotramont has carved a reputation of reliability, offering exceptional sites and a wide variety of high-quality products. With over 2,000 housing units to its credit, Sotramont is a forward-thinking contractor specializing in integrated residential projects erected in independent neighbourhoods centred on sustainable living and respectful of the environment. In 2014, the USGBC (US Green Building Council) recognized a Sotramont project as the world's top-performing LEED® condo project. For more information, visit www.sotramont.com.
About the Fonds immobilier de solidarité FTQ
Created 25 years ago, the Fonds immobilier de solidarité FTQ promotes economic growth and employment in Québec by strategically investing in profitable and socially responsible real estate projects in partnership with other industry leaders. The Fonds immobilier backs residential, office, commercial, institutional and industrial projects of all sizes across Québec. At May 31, 2016, the Fonds immobilier had 38 projects in development, 43 properties under management, 17 million square feet of land and $59 million invested in affordable, social and community housing. The Fonds immobilier is a member of the Canada Green Building Council.
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Press contact
Josée Lagacé
Director, Communications and Marketing
Fonds immobilier de solidarité FTQ
Telephone: 514 847-5710
Mobile: 514 707-5180