Reservations about more condo towers planned by Cadillac Fairview near Bell Centre

The city of Montreal's public consultation office says not so fast with the next phase of the massive condo-office development project planned by Cadillac Fairview near the Bell Centre.

The office has released its report on the project.

It says while the first condo tower of the next phase may be given the greenlight, it's not so sure about the second because of the huge scope of the project.

The real estate developer had recently announced plans to build five more residential buildings and two office buildings near the two condo towers currently under construction. The project is expected to be completed in about 15 years and take up more than four million square feet.

The office says since the area in question is one of the last large-scale sectors in downtown to be developed, it should be subject to a large, detailed public consultation. It recommends the city come up with a detailed plan on how the project will fit in the neighbourhood, including issues such as social and affordable housing, traffic and preserving sightlines of the Mountain.

More information on the project and the report here.

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  1. Eric posted on 05/20/2014 05:44 PM
    What is going on with all these condo projects in Montreal? Especially downtown. Who is buying them? is there really such a high demand? Are a lot of them going to sit empty? Montreal is not exactly a boom town nowadays. For companies to invest and build such huge projects they need to see a return in their investment. Is there any guarantee from the Government? If you build it they will come?? or is this a great tax write off and they make their money in that way. Seems to me this building is getting way out of hand!
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