Photo: Devimco Real Estate
The two towers of fifty floors will include 1500 residential units, of which one-third will be offered on the rental market.
Two towers of fifty floors will be erected on the site of the old Spectrum, demolished in 2008. They will have 1500 residential units, of which one-third will be offered on the rental market.
The promoters have the Skill as a “flagship project” of 700 million, the most important thing to be done in the Quartier des spectacles. Located on the rue Sainte-Catherine street, between Bleury and Jeanne-Mance, the two buildings 51 and 53 floors have a stunning view on the Place des Festivals. The terraces are planned on the 25th floor and a bridge will connect the two towers.
The land, situated in the heart of the entertainment District was vacant since the closure and demolition of the Spectrum ten years ago. A mixed project of retail and office had been mentioned at the time, but it had never materialized due to the financial crisis. The Fonds immobilier de solidarité FTQ has finally purchased the field in 2011.
To carry out the project, the real estate Fund has partnered with the developer Devimco, which has produced the Quartier DIX30 and started work on the residential project on the site of the former Montreal children’s Hospital. Fiera real Estate also contributes to the achievement of Mastery.
The project will include 1000 apartments, condominiums, and 500 rental units, 512 indoor parking spaces, an indoor pool semi-olympic, as well as an outdoor swimming pool with spa.
The proponents indicate that they have initiated discussions with the Partnership of the Quartier des spectacles in order to provide for spaces for rent that could be used in recording studios.
They have also made the acquisition of the mural Change the world carried out in 2010 by 1500 young people from the youth Centre of Montreal with the artist Bernard Séguin-Poirier.
The promoters, who are launching their project with great fanfare Thursday, do they take it for granted that the two towers could be realized? The law firm of Valerie Plant, it is said to skip it if the project complies with the regulatory framework as it has not even been presented to the borough of Ville-Marie and that the planning advisory Committee (CCU) has not been able to analyze it, said the communications director of the office of the mayor, Youssef Amane.