Communiqué de Presse – Montréal, 23 mai 2016
THE QUAIS DE LORIMIER PROJECT:
Bertone Development Corporation Contracts
Intella Real Estate Agency as Exclusive Representative
Montréal, May 23, 2016 – On May 6, 2016 Bertone Development Corporation (BERTONE) announced Quais De Lorimier, an urban development providing a new multi-purpose livingenvironment in the Montréal quadrilateral bound by DeLorimier, Sainte-Catherine, Parthenais and René-Lévesque streets. The project will be a catalyst to the revival of the Montréal Centre- Sud borough, as well as the revitalization of Sainte-Catherine Street East located next to the Jacques-Cartier Bridge.
This project, the result of an entirely private investment of $500 million, contains a synergetic mix of uses totalling 1,500,000 square feet. The uses shall include 250,000 square feet of campus-like office space dedicated to creative industries, 60,000 square feet of fitness and spa, 110,000 square feet of entertainment and food, 400,000 square feet of innovative retail space, a 120 room boutique hotel, 350 to 500 residential units and 2,160 underground parking spaces.
The project, located near the Papineau metro station, is currently one of the most visible sites in the City of Montreal with nearly 2 million vehicles passing the site on a weekly basis. Quais Delormier is also in close proximity to Montreal’s major attractions including La Ronde’s Six Flags Amusement Park and Jean-Drapeau Park which hosts Montreal’s greatest yearly events including the Montreal F1 Grand Prix Race and the Osheaga music Festival.
Quais De Lorimier, is a human-scale project designed to enhance the pedestrian experience. One of its most exciting features is the large central public space on the 4th level, at the same level as the Jacques-Cartier Bridge’s deck, with unobstructed views of downtown, the islands and the Saint-Lawrence River, as well as the illumination of the Jacques-Cartier Bridge scheduled for inauguration in May 2017. The fourth floor will house an event center, several restaurants, and a winter ice rink, while the third level will be home to the city’s best food destination, our unique Food Hall concept. The fourth level terrace, will be programmed throughout the year in order to provide the local community, Montrealers and tourists alike the opportunity to live unique experiences and events.
To meet the needs of the local and international retail community, Bertone has enlisted the services of the Intella Real Estate Agency . Intella will be leading the developers’ retail leasing efforts on an exclusive basis and are available immediately to discuss the opportunity with interested parties.
The construction of Quais De Lorimier is targeted to start in summer fall 2017, and delivery of Phase 1 (public space, retail, commercial and office space) is set to be delivered in late 2019.
About Bertone Development Corporation (Bertone)
Bertone Development Corporation,(Bertone) is a Montréal-based real estate company, which wasfounded in 2010 by Michael and Claudio Bertone. Bertone’s holdings include SICAM, launched in2006, which has developed a number of commercial and mixed-use projects in the Greater Montréal area such as Centre commercial Saint-Luc in Saint-Jean-sur-Richelieu, Sophia in Little Italy, and Faubourg Vaudreuil in Vaudreuil-Dorion. Visit www.bertone.ca
About Intella Real Estate Agency
With an unquestionable amount of years of experience in the commercial real estate sector, the Intella Inc. team has developed an unparalleled expertise in the development and promotion of commercial real estate. With each member’s proven track record, the combination of joined forces is utilized to not only increase its force on the market but also to better serve their devoted clientele. The leadership group is supported by a versatile team who can effectively and efficiently respond to challenges associated with all projects and their unique complexities. Visit www.intellarealestate .com
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