Two new rental residential towers in Montreal

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Two new residential towers, fully rental, will be built in downtown Montreal.

GWL Realty Advisors, a division of the Great-West Life Insurance Company, has announced that it will build these two skyscrapers at the corner of René-Lévesque Boulevard West and de Bleury Street, on the land adjacent to the building. head office of SNC-Lavalin. The company acquired this lot in 2017 for $ 170 million, which also included the 22-storey building occupied by the Montreal engineering firm, which has committed to remain there for two decades under an assignment. -lease.

The two new 36- and 45-storey towers will include approximately 820 rental units in an area where several high-rise buildings are to be added over the next few years, including two much larger projects, namely Maestria (two 57- and 61-storey towers). ) and 1 Phillips Square (61 floors).

The towers of GWL Realty Advisors will be similarly carved, said the developer, who expects to deliver the first, 36-storey, in the summer of 2022. The 45-storey tower is expected to be completed in 2025.

The property will feature an exercise room, a pool, entertainment rooms and a dog exercise area.

The stone wall currently found on this lot, which comes from the foundations of the former Collège Sainte-Marie, will be rebuilt, while the original entrances and window openings will be restored.

"Designed by IBI Group, in collaboration with the Montréal NEUF architects, the architects on file, the project will seek sustainable urban development and seek LEED certification," said Pascale Roy, Vice President, Asset Management, GWL Realty Advisors. However, she refused to disclose the investment needed to make this project a reality.

"Since we acquired the property in 2017, we have taken the time to listen to the concerns raised and to adjust our plans accordingly," said Ms. Roy, adding that the project has been approved by the Committee. Urban Planning Advisory Committee (CCU) and the City of Montreal.

"We believe that the final design respects the character of the neighborhood and will result in a point of interest for the Montreal panorama," she continued.

Remember that the area where the two rental towers will be built will also host, in addition to Maestria and 1 Phillips Square, the signature real estate complex Humaniti. In recent years, two other high-rise buildings have been developed nearby: AC Hotel Montréal and V Courtyard Marriott Montréal.



Source link
https://www.tvanouvelles.ca/2019/10/11/deux-nouvelles-tours-residentielles-locatives-a-montreal-1

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