Articles tagged with "Residential Building"

According to the Montreal Municipal Housing Office, the proportion of HLM buildings in good condition in Montreal increased from 24% in 2022 to 47% in 2025, attributed to significant investments. Despite this, 53% of buildings still require major renovations, requiring an additional one billion dollars. Additionally, the city plans to build 763 new social housing units to meet growing demand.

The article examines the benefits and challenges of real estate investments among friends or family without a legal agreement. It highlights the importance of formalizing these partnerships to address tasks, governance, and investor exit. Although not mandatory, an undivided co-ownership or shareholder agreement can prevent legal and relational issues.

The City of Rosemère faces a lawsuit from developer Quartier Melrose inc., demanding $279 million over claims of disguised expropriation. The developer argues that local authorities' decisions have stalled its project on the former golf course land. Rosemère disputes this, calling the lawsuit abusive and an attempt to extort undue profits. This case could clarify legal debates on 'gag' lawsuits against municipalities.

Montreal ranks lowest for construction permit issuance times, impacting housing projects. Developers report delays due to bureaucracy and Hydro-Québec connections. The city aims to reduce these times to 120 days. Laval has improved its processing times, while Longueuil and other cities are also working on optimization.

Proment Corporation has started construction on the Evolo FLEX tower, a $150 million rental project in Montreal's Pointe-Nord eco-neighbourhood. This development is the last phase of a major project along the St. Lawrence River and is one of the few areas in Canada with a LEED Neighbourhood Development Gold certification. The tower will be 26 storeys high.

Issues like homelessness and the housing crisis have become major concerns for both citizens and political candidates. These matters have gained prominence in the speeches of those running for mayoral or council positions, highlighting an increasing social priority for affordable housing in public discourse.

Quebec's first prefabricated early childhood center, CPE Passe-Lacets, was inaugurated in Saint-Prosper. This facility provides 52 new subsidized places, including 10 for children under 18 months. The construction was completed in just 4 months, with six more similar projects underway in Quebec.

Rimouski is experiencing a residential construction boom, with 1,200 apartments under development to address housing shortages. The current administration, led by Guy Caron, has been instrumental in implementing social and affordable housing programs. With aging infrastructure, the city is looking to finance upgrades through new taxes and is now focusing on transportation accessibility. These issues are significant in the local electoral dynamics ahead of the upcoming municipal elections.

A controversial real estate project in Rimouski, which would encroach on a wooded area, has been sidelined due to an excess of housing being constructed elsewhere in the city. Although deemed less urgent, the project remains on hold for possible future housing needs. Previously, the project faced strong public opposition. The municipality plans to focus on downtown densification in its next urban plan.

Mayoral candidates in Trois-Rivières have prioritized student housing for the next four years. The focus is on the importance of these accommodations for the city's vitality, addressing the growing needs of students in the area.

Quebec's lumber producers are facing challenges due to additional import taxes imposed by the United States. Already burdened by high tariffs of 35%, an additional 10% levy exacerbates the economic difficulties for these companies. Options being considered include reducing activities or suspending operations. The Canadian domestic market may provide a partial solution, but it is not enough to compensate for current losses.

The revitalization project of Vieux-Pointe-aux-Trembles is progressing, with the upcoming delivery of affordable housing and plans to repurpose the Saint-Enfant-Jésus Church into a cultural hub. Led by the Société de développement Angus, the transformation aims to revive the historic city center. The first phase includes new residential and commercial buildings, while the second phase focuses on creating cultural and community spaces. Transitional occupancy and citizen involvement initiatives have helped maintain commercial vitality in the area.