Fonds immobilier de solidarité FTQ Is Helping Revitalize Neighbourhoods with $1.5 Billion of Projects in Progress in the Metropolitan Montréal

MONTRÉAL, March 21, 2016 /CNW Telbec/ - 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

 

SOURCE Fonds de solidarité FTQ

For further information: Josée Lagacé, Communications and Marketing Director, Fonds immobilier de solidarité FTQ, Tel.: 514 707-5180, jlagace@fondsimmobilierftq.com


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