Fonds immobilier de solidarité FTQ Partners with Maisons Laprise on L'Aura Saint-Nicolas Residential Rental Project

SAINT-NICOLAS, QC, April 7, 2017 /CNW Telbec/ - The Fonds immobilier de solidarité FTQ is teaming up with Maisons Laprise for the construction of a residential rental project called L'Aura Saint-Nicolas in Lévis' Roc Pointe in the Saint-Nicolas neighbourhood. This new project is part of Domaine de Villieu, a development by Maisons Laprise consisting of several types of housing – single-family, row, rental and condominiums.

Strategically located on the banks of the Saint Lawrence River and a five-minute drive from Québec City's bridges, the 65,000 ft2 lot will house six nine-unit rental buildings with apartments of various sizes - 3½, 3½+ and 4½ - starting at $847 per month. The 54 units are being built in two phases: the first, consisting of 18 units, has been completed, and phase 2 will be delivered next 15 of April. The high-quality prefabricated apartments, provided by LAPRISE, deliver energy efficiency, better ambient air quality and superior insulation thanks to an independent double ceiling-floor system.

"With LAPRISE's computerized production equipment and processes, made-to-measure prefabricated 9-unit blocks built off site, transported and installed at the project site, we can carry out more value-added operations in the plant and offer our customers shorter delivery times and earlier occupancy. We therefore maximize the precision, performance and quality of the building and optimize the overall value of the project," said Stéphane Lessard, Corporate Director, Property Management Division, at LAPRISE.

Part of a housing complex located in the heart of a refined, sophisticated neighbourhood, this project is inspired by nature and the river. "We chose a contemporary style for L'Aura Saint-Nicolas to ensure the architectural harmony of the buildings. With its parks and brand new Étoile elementary school nearby, the area, which faces a wooded area, exudes tranquility and offers an ideal living environment for young families and professionals, while being just minutes from Québec City," Added Mr Lessard. The site is serviced by the local bus network and is a short drive from Laurier Boulevard and downtown Québec City.

"This partnership with Maisons Laprise allows the Fonds immobilier to develop a business relationship with a key player in Québec's residential construction industry," added Normand Bélanger, President and CEO of the Fonds immobilier de solidarité FTQ. "We will capitalize on this major partner's experience and large-scale, affordable production. L'Aura Saint-Nicolas is an attractive rental project in a real estate development that's in demand in a growing neighbourhood. By the time it's completed, our investment will have created roughly 75 jobs that will benefit the local economy."

Model and open house: Saturdays and Sundays from 11:00 a.m.3:00 p.m.
L'AURA Saint-Nicolas
1485 Rue du Frontenac & 1473 Rue du Frontenac
Saint-Nicolas (Québec)  G6V 0W6
Entrance from Rte Marie-Victorin and l'Estran (between Golf Stastny and Chemin Trottier)

About Maison Laprise

A trusted manufacturer and builder, Maisons Laprise has been a recognized player in the energy-efficient machined construction industry since 1989. The company designs, manufactures and markets houses and buildings in prefabricated panels and modules for the residential, multi-residential, commercial, utilitarian and humanitarian construction markets. A Platinum Member, Maison Laprise has made Canada's Best Managed Company's List for 11 years running and has completed several residential projects including Longue-Pointe on the river at L'Ange-Gardien, Quartier Exalt in Lac-Beauport, Havre sur Saint-Laurent in Chateau-Richer, and a high-end chalet project overlooking the river in the Massif de Charlevoix.

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, 2016, the Fonds immobilier had 48 projects with a combined value of $2.9 billion in progress and which will create some 24,000 jobs, along with 41 properties under management, 17 million square feet of land slated for development and $59 million invested in affordable, social and community housing. The Fonds immobilier is a member of the Canada Green Building Council.

 

SOURCE Fonds de solidarité FTQ

For further information: Josée Lagacé, Director, Communications and Marketing, Fonds immobilier de solidarité FTQ, Tel.: 514 847-5710, jlagace@fondsimmobilierftq.com

RELATED LINKS
https://www.fondsftq.com/

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