Montreal continues to be on fire, with multiple real-estate announcements and proposals continuing into 2018. Economic conditions to be favourable, confidence in the city is at all-time highs and pro-investment actions from the Liberal Government of Quebec & from past Montreal administrations continue to show.

News

A couple of days after Broccolini bought the largest available land in downtown Montreal, they sold 85,000 square feet (out of 135,000sq.ft) to National Bank of Canada, who plans to build the largest office tower Montreal has seen since 1992. So far, the project will be 36-floors, 1 million sq.ft of class A office space, a $500M dollar investment and will be connected to the subway.

In addition to this project, rumours of two mix-use towers will share the lot, including rumours of one reaching 60-floors, and if that stays the same, will be the first 60-floor tower in the city. We should know more about this project within a month or two.

https://renx.ca/national-bank-buys-new-montreal-hq-site-broccolini/

https://www.theglobeandmail.com/report-on-business/national-bank-investing-500-million-to-build-largest-montreal-tower-in-25-years/article37710310/

Visions/proposals

In this section, I will post about recent projects that are proposed or are visions. For visions, they refer to potential projects that could happen, but the renders aren’t confirmed. Nonetheless, it causes excitement and what-ifs on specific lots.

Vision– 455 Rene Levesque, 34-floors, mix-use

The lot next to SNC-Lavalin has seen multiple soil tests last year, along with multiple studies for a mix-use project. The image above was found on Vizual3d website and shows a potential project. From what it looks like, it could be office space on the bottom floors and residential on the remaining top.

Proposal– 2055 rude Drummond, 24-floors, 300 units.

Another fairly recent project, all that is known is that it’ll be a 24-floor condo with 300 luxury units.

Proposal- HEC (downtown campus) 8-floors.

HEC, a French-language business school in Montreal will expand and build a new campus downtown. Located on Cote du Beaver Hall, the demolition of older buildings will need to happen in order for the project to move along. Although a proposal, it’s very likely to start relatively soon.

http://provencherroy.ca/fr/projet/hec-centre-ville/

Other Projects

MaryRobert, 2x 22-floors, Griffintown (downtown Montreal)

The ever booming Griffintown will gain more highrises, with the elegant MaryRobert project. Located in the heart of Griffintown, it’ll be close to the new REM station, New City Gas (5,000 person venue) the new Parc Bonaventure and near restaurants, bars and universities.

https://maryrobertcondos.com/

Union, 17-floors, Griffintown (downtown Montreal)

A very beautiful and clean highrise in Griffintown, Union offers 156 units over 17-floors and continues to densify Griffintown. It’s not surprising to see all these developments continue due to demand, and of course, the 642% increase in population between 2011-2016.

http://www.mauricemartel.com/union/

Zenith, 20-floors, downtown Montreal

The Eastern part of downtown is finally starting to see some projects. Zenith is a 20-floor condo next to Berri Quam (school + metro station) in addition to being steps away from the Gay Village, Parc Emilie-Gamelin and steps away from rue Saint-Denis.

https://www.mondev.ca/fr/condo-a-vendre-montreal/ville-marie/zenith-condos/

Update- 975 Lucien L’Allier, 45-floors

The ever-evolving project has once again evolved. Originally a 42-floor tower turned 50, and now 45-floors. Located in the Bell Centre cluster, also dubbed as the “mini-Manhattan”, the tower will have 680 units over 45-floors. As this version is recent, more information will be out shortly, but this seems to be the final version.

Montreal continues to be on fire early into 2018, and the city has indeed become a major player in the real estate market, not only for residential but for office markets as well. The boom continuies in Montreal!