An exceptional economic and institutional potential - The Quartier de la santé could take form by the end of the year



    MONTREAL, March 14 /CNW Telbec/ - "The vocation and perspectives of the
Health District are clear now and it is very possible that construction will
begin by the end of the year". This was the announcement that the Chairman of
the Board of Directors of the Technopole Ville-Marie (TVM), Mr. Pierre-Marc
Johnson made in concluding his address at the Luncheon meeting today held by
the Board of Trade of Metropolitan Montreal. His address outlined the TVM's
business plan.
    The upcoming construction of the Centre hospitalier de l'Université de
Montréal (CHUM) and its research centre brings with it an exceptional
concentration of knowledge, expertise, and cutting edge technologies that
offer a major development potential in the immediate geographic vicinity of
eastern downtown Montreal.
    Mr. Johnson confirmed that the development potential of the Health
District is of the order of between 13,000 and 20,000 square meters. According
to studies, it is realistic and desirable to attract a leading tenant who will
occupy between 5000 and 8000 square meters. Moreover, some 8000 to 12,000
square meters could be occupied by new companies spun off from the CHUM's
Research Centre or by existing companies attracted by the technological
platforms, expertise, and the number of patients at the new hospital centre.
    "This potential exists as we speak. It should grow with time and as our
strategies develop."

    The Université de Montréal's Ecole de santé publique
    ----------------------------------------------------

    Mr. Johnson also revealed that the TVM is looking into the possibility of
erecting a building to house the Ecole de santé publique, or public health
school, that the Université de Montréal launched in June 2007, the ESPUM. This
Ecole requires some 15,000 square meters of floor space. TVM and the
Université de Montréal have agreed to work together in coming months to
establish a schedule for carrying out the project.
    Construction of a building designed specifically for the ESPUM and
meeting Montreal's city plan and zoning bylaws could be completed within 500
days of project start-up.
    The Université de Montréal's interest in this project is even greater in
that the TVM has initiated talks with the management of the Institut national
de santé publique du Québec who is seriously considering the idea of locating
all its Montreal personnel in a facility offering some 5000 square meters of
floor space. There is also a possibility that the Direction de la santé
publique du Montréal métropolitain will move its personnel to the Health
District.
    Bringing together so much expertise in public health in the Health
District could foster the creation in Montreal of a vast public health campus
that is unique in terms of size and excellence, synergy, and the diversity of
its activities. "We would be hard pressed to find a better vocation for
revitalizing the eastern part of Montreal's downtown."

    A real estate and financial partner
    -----------------------------------

    Mr. Johnson also revealed that the TVM has reached a partnership
agreement with Technoparc Montreal, a not-for-profit organization devoted
solely to the development of scientific and technological infrastructures in
the city of Montreal. Over the past ten years, the Montreal Technoparc has
built more than 170,000 square meters of floor space dedicated to high
technology.
    In addition to its obvious expertise in construction and management of
science-related properties, the Montreal Technoparc can also count on sure
financing from the Société immobilière technologique de Montréal (SITM) whose
partners are Desjardins Financial Security, the real estate subsidiary of the
FTQ's Fonds de solidarity (SOLIM), and the Fiducie du Technoparc.
    The TVM will thus have access to the real estate expertise and financing
required for the construction of the Quartier de la santé.

    A project underway
    ------------------

    "The development potential in the area of life sciences and public health
is enormous," concluded Mr Johnson in his address to nearly 1000 people
attending in two downtown halls. In addition to the 600 people who attended
the luncheon at Montreal's Palais des Congrès, more than 300 people at the
conference of the Association des industries des technologies de la santé
(AITS), which was meeting at the Centre Mont-Royal, followed the address
directly via an audio visual link.




For further information:

For further information: Guy Versailles, Versailles communication,
Cell.: (514) 386 9774, versailles@versaillescom.com

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TECHNOPOLE VILLE-MARIE

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QUARTIER DE LA SANTE

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