A brand new residential undertaking price over $200 million will probably be constructed on the location of the previous YWCA web site in downtown Montreal, the actual property agency behind the undertaking introduced Friday.
Groupe HD stated that it plans to develop a 30-storey rental tower with greater than 400 housing items at 1355 René-Lévesque Boulevard West.
The undertaking can even embody a ground-floor industrial area.
Firm leaders say the choice displays their confidence in downtown Montreal’s long-term attraction, whilst many builders shift towards suburban markets. The undertaking is backed by Capital Property Developments and financed by Desjardins Group.
The present YWCA constructing, now thought of out of date following the group’s relocation in 2025, will probably be demolished to make approach for the brand new construction. Designed by NEUF Architectes, the undertaking will combine a street-level industrial base with a setback residential tower to higher align with the encompassing streetscape.
The undertaking within the coronary heart of Montreal is near the Lucien L’Allier station and different industrial centres and universities.
Development is anticipated to start in fall 2026.