Condominiums St-Hilaire Breaks Ground

In the Heart of Village de la gare

SAINT-HILAIRE, QC, June 4, 2013 /CNW Telbec/ - Groupe Lobato today officially broke ground on Phase I of Condominiums St-Hilaire, a residential project developed in partnership with the Fonds immobilier de solidarité FTQ.

The project will be built in Village de la gare, a community located within walking distance of the Mont-Saint-Hilaire station, the commuter train connecting this municipality with downtown Montréal. What sets this project apart is that it will offer outdoor and indoor parking at a ratio of two spaces per unit. The first 32 units of this low-rise complex, which will be serviced by an elevator, will be built by Construction Corel. Once completed the project will feature 144 units.

"We think that by combining affordability and top-notch construction quality, both first-time buyers and down-sizing boomers will find what they're looking for in Condominiums St-Hilaire," said Groupe Lobato and Construction Corel president José Lobato. "The project's location is ideal: in the heart of Village de la gare, a quiet residential neighbourhood, just steps from the beautiful Richelieu River with views of imposing Mont Saint-Hilaire as a backdrop."

"It's always a pleasure to build an avant-garde project with a partner who knows how to combine quality with efficiency. The St-Hilaire condos are making responsible and sustainable use of the environment in that the development revolves around access to public transit and bicycle paths, creating an active, modern-day living environment," said Normand Bélanger, President and CEO of Fonds immobilier de solidarité FTQ.

Phase I consists of 32 units in a 40,000 ft2 four-storey building. Buyers can choose units from 980 ft2 to 1,250 ft2, with prices starting at $198,900.

Construction quality

The building will be clad with brick, stone and fibre cement. Abundant windows and large patio doors will optimize the units' natural light. Always at the cutting edge of new construction technologies, Constructions Corel will use a revolutionary dry screed system to provide superior soundproofing and ultimately better construction quality.

The Condominiums St-Hilaire project will be built in five phases. The end result will be a harmonious 196,000 ft2 complex of five buildings, each with its own beautiful big garden.

A sustainable project

Village de la gare is the first master-planned, transit-oriented development (TOD) project in Québec. It is based on the principles of TOD, a sustainable development concept in which high-density development is centred around transit facilities (e.g. train, bicycle paths) so as to encourage the use of public transit and active modes of transportation. The construction of this new living environment began in 2002 with the introduction of commuter train service linking the City of Saint-Hilaire with Montréal.

About Groupe Lobato

Both a developer and general contractor, Groupe Lobato has been active in the construction industry for 20 years.  It has been widely acclaimed for its impressive environmentally friendly Saint-Bruno sur le lac project, currently under construction. The company has also completed or is involved in projects in Saint-Jean-sur-Richelieu, Bromont, Beloeil, McMasterville and Granby.

About Fonds immobilier de solidarité FTQ

Created in 1991 by the Fonds 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. Over the last 20 years, the Fonds immobilier has invested upwards of $1 billion in 300 such projects, creating and preserving some 26,300 in Québec. For more information, visit www.fondsimmobilierftq.com

For more information on the Condominiums St-Hilaire project, visit www.condominiumssthilaire.com


Image with caption: "From left to right : Hugues Ouellete, Project Manager at Construction Corel, José Lobato of Groupe Lobato and Normand Bélanger, President and CEO of the Fonds immobilier de solidarité FTQ. (CNW Group/Fonds de solidarité FTQ)". Image available at: http://photos.newswire.ca/images/download/20130604_C4597_PHOTO_EN_27435.jpg

SOURCE: Fonds de solidarité FTQ

For further information:

Communications Elizabeth Boileau elizboi@videotron.ca
514-591-7914


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