Montréal, March 21, 2016 – On the occasion of the Strategic Forum on Major Real Estate Projects organized by the Board of Trade of Metropolitan Montreal, the Fonds immobilier de solidarité FTQ is proud to highlight its involvement in 25 ongoing projects valued at over $1.5 billion in metropolitan Montréal that will be carried out in partnership with some 20 seasoned developers. The Fonds immobilier also has 13 properties under management worth $422 million.
“We’re proud to be a partner of choice in important projects that bode well for the future of metropolitan Montréal,” said Normand Bélanger, President and CEO of the Fonds immobilier de solidarité FTQ. “We’re fortunate to have such excellent partners who share our vision and values and who work with us to drive the local economy. The 25 projects currently underway will create about 12,000 jobs over the next few years.”
The Fonds immobilier is very active across Québec and especially in the Montréal region, in particular in mixed-use commercial and residential projects, including high-end condos and rental units in booming neighbourhoods. It has also invested $59 million in affordable social and community housing in partnership with social economy enterprises.
In Laval, the Fonds immobilier is involved in several residential, industrial and commercial projects, including Espace Montmorency, an emerging urban hub that will provide access to the Montmorency metro, just steps away from Place Bell. A special presentation on this very project, which is being carried out with Montoni and Claridge, will be given at the Strategic Forum. Not to be outdone, the South Shore has four quality residential developments in progress.
Twenty-five projects in metropolitan Montréal valued at $1.5 billion and that will create some 12,000 jobs
Project Name Partners
Tours des Canadiens – Montréal Cadillac Fairview, Canderel,
Montreal Canadiens
Tours des Canadiens 2 – Montréal Cadillac Fairview, Canderel,
Montreal Canadiens
Data Centre Montréal – Montréal Urbacon
Tour Quartier des spectacles – Montréal Canderel
21e Arrondissement – Vieux-Montréal Prével
Lowney sur ville – Griffintown, Montréal Prével
Exalto – Griffintown, Montréal Devimco
Bassins du Havre – Griffintown, Montréal Prével, Claridge
Mùv Condos – Rosemont, Montréal Groupe Altius
Sfère phase 1 – Ahuntsic, Montréal Loracon, Struktur
Namur – Côte-des-neiges, Montréal Habitations Trigone
Espace MV3 – Dorval Gestion PCA, Ipso Facto
Espace MV – Le Quatrième – Dorval Gestion PCA, Ipso Facto
175 Metcalfe – Westmount Bâtimo
Espace Montmorency – Laval Montoni, Claridge
Industria 440 – Laval Cosoltec
District Concorde – Laval Habitations Trigone
Urbania 2 – Laval Société de développement Urbania
Lib Boisbriand – Boisbriand Bâtimo, Construction Voyer
Viva Cité Sainte-Thérèse – Sainte-Thérèse Habitations Trigone
Le Monroe – Blainville Cosoltec
Saint-Bruno-sur-le-lac – Saint-Bruno-de-Montraville Groupe Lobato
Vic&Lambert – Saint-Lambert LSR GesDev, Sotramont
Le Meridiem – Longueuil Alternative Capital Group
Le Cherbourg – Brossard Prével
$59 million dedicated to social, community and affordable housing, creating 2,263 quality housing units
For example:
Sac à Dos Action-réinsertion Montréal Association des groupes de ressources technique s de Montréal (AGRTQ), Atelier habitation Montréal
Spectre de rue Montréal AGRTQ, Atelier habitation Montréal
Mon toit mon cartier Montréal AGRTQ, Romel
Le Domaine - Pointe-aux-Trembles Montréal Bâtir son quartier, Corporation Mainbourg
Maison du Pas Sage Laval AGRTQ
About the Fonds immobilier de solidarité FTQ
Created in 1991, 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 December 31, 2015, the Fonds immobilier had 37 projects in development, valued at $1.9 billion, along with 41 properties under management, 18 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. www.fondsimmobilierftq.com
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Information: Josée Lagacé
Communications and Marketing Director
Fonds immobilier de solidarité FTQ
Tel.: 514 847-5710
jlagace@fondsimmobilierftq.com