This is the list of recent news from all categories.
The Gazette reported that following the residents' vote on Friday nothing will probably be built on the southern side of Pine/Parc intersection in the next few years and it may eventually be turned into a park. Previous projects included, among other options, a futuristic-looking office tower.
Residents concerned about the increase in drug- and gang-related violence in Little Burgundy (Borough Sud-Ouest)...
Continue reading: » Two Sud-Ouest Shootings Investigated
A fire broke out yesterday on the roof of unfinished Imperial Lofts in St-Henri, The Gazette reported.
Continue reading: » Fire At Imperial
Le Devoir reports that recent construction activity in downtown Montreal, which is still going strong in 2007, has resulted in a signifiant increase in rental vacancy rates...
Continue reading: » Vacancy Rate Returns To Normal
Le Devoir reports that Ritz-Carlton hotel on Sherbrooke Street will soon undergo extensive renovations and conversions, which will reduce the number of hotel rooms and add condo residences.
Continue reading: » Ritz-Carlton To Undergo Extensive Renovations
La Presse reports that La Gare Viger on may very well soon be surrounded by an ensemble of eight buildings one of which would be a 60-metre tower. The developers will submit the final details of the $400 million project for public review in the Fall...
Continue reading: » $400 Million Project Around La Gare Viger
As I am typing this, a serious fire is still raging on rue St-Denis, destroying what's left of two highly respected establishments of Montreal's dining and nightlife scene, respectively. The unfortunate victims are L'Barouf bar and Le Continental restaurant. The fire started shortly after 7pm at a nearby store and quickly consumed the entire building. The smoke was visible from a few miles away (I noticed it while biking along Lachine canal near Atwater).
Late June was the delivery date for M9 condos (phase I) and it seems that the developers... well, delivered. I walked by the building in the evening and could clearly see that quite a few apartments are now occupied (my guesstimate would be around 30%-40%) with residents arranging their belongings and enjoying all five of their brand-new kitchen appliances. I was a bit surprised at how bright the light accents on the Prince Street side turned out to be (see photo), but I guess that was part of the deal.
I recently walked by the construction site of McGill Ouest - Phase II. It seems that they're about half way through in terms of floors - five have been built (only the skeleton, no walls or exterior panels). The building itself, located at the corner of William and King, is practically a mirror image of the Phase I, except apartment layouts will be different.
For all the talk of the imminent cooling, Montreal's real estate market continues unabated. At least its resale (secondary) component does. The average price of a condo changing hands on the island is now $234,000...
Continue reading: » Real Estate Resale Market Alive and Kicking