Press release

Habitations Trigone and Fonds immobilier de solidarité FTQ Break Ground on Viva-Cité Espace Nature

Longueuil, October 3, 2018 – Habitations Trigone and its partner Fonds immobilier de solidarité FTQ have broken ground on a new residential rental project, Viva-Cité Espace Nature.

Located in Longueuil, on Maurice-Savoie Street, facing the magnificent Boisé du Tremblay, Viva-Cité Espace Nature will welcome its first tenants in the spring of 2019. This real estate project is part of three complexes under the Viva-Cité banner that will be built in 2019 and joins seven other developments already completed in various municipalities on Montréal’s South and North Shores.

The Viva-Cité concept offers all-inclusive condo-style apartments geared to 55+ active adults. Occupants have access to a terrace, gym, multipurpose room and other activity areas. Among the services available to residents is an activity program developed by a recreationologist. Rent includes Internet, telephone, cable, electricity, air conditioning and appliances.

“Our approach combining an all-inclusive formula and living spaces with a human dimension is a great success. Viva-Cité Espace Nature will consist of 120 apartments designed for a 55+ crowd looking for a stimulating living environment,” said Patrice St-Pierre, president of Habitations Trigone.

“The completion of this new project is another step in the expansion of the Viva-Cité banner and allows us to consolidate an already solid partnership with Habitations Trigone. Our complementary roles continue to be of the greatest benefit both in terms of spin-offs for Fonds de solidarité FTQ shareholders and in terms of creating jobs, which will amount to over 100 for this project,” said in turn Normand Bélanger, president and CEO of the Fonds immobilier de solidarité FTQ.

About Habitations Trigone

Founded in 1991, Habitations Trigone is a residential construction firm focused on offering living spaces accessible to all. Founded by builders, Habitations Trigone grew rapidly in Montreal’s North and South Shores to meet the ever-increasing needs of a thriving market. As specialists in TOD housing projects, Habitations Trigone creates independent, self-contained and safe neighbourhoods promoting a lifestyle that is both sustainable and environmentally friendly. Today, the company is a leader in the integrated residential development sector, with almost 20,000 units built.

About the Fonds immobilier de solidarité FTQ    

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, 2018, the Fonds immobilier had 46 projects worth $2.9 billion in progress, 50 properties under management, 2 million square feet of land for development and $76.3 million allocated to affordable, social and community housing. The Fonds immobilier is a member of the Canada Green Building Council.

 

 

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