Montreal plans to turn Molson Brewery site into residential neighbourhood
The old industrial Molson Brewery site downtown Montreal will be transformed into a residential neighbourhood with a public park and some 5,000 housing units.
The $2.5 billion project is spearheaded by developer Montoni Group and the Fonds immobilier de solidarité FTQ, who presented their ambitious plan at a news conference Wednesday.
They say they want the Quartier Molson to be “a model of sustainable real estate development” and revitalize the downtown area, while keeping some emblematic elements of the former brewery. The Molson tower, chimney stack, clock and lighted sign will be preserved.
Montoni said it will follow Montreal’s by-law for a diverse metropolis, earmarking 20 per cent of its 5,000 units for social housing, 20 per cent for family-sized housing with three bedrooms or more, and another 20 per cent for affordable housing — a concept that has been widely rejected among builders because it's not cost-effective. Most developers opt to pay the city a fine to get out of the requirement. But Projet Montreal says it's not negociable for this project.
"This is the agreement we have. This is the way we want to do, and there is no way the promoter is going to change that," said Alia Hassan of the city's executive committee.
Plans also include extending the waterfront walkway, adding retail spaces, and revitalizing a 150,000 square feet greenspace that was once Sohmer Park, home to an amusement park and circus in the 19th century.
Construction is set to begin in 2025, given they have all necessary permits approved, said Montoni, though the average wait-time for permit approval is two years. The city said it will need Montoni's plans to approve the permits, but it's not impossible for construction to start next year.
Citizen consultations will be held Thursday and Friday (Dec. 12 and 13) on the former brewery site. Residents are encouraged to meet the developers, see the plans for themselves and ask questions about the project.
Montoni, Groupe Sélection and Fonds immobilier de solidarité FTQ, acquired the land in 2019 for $126 million and have been teasing different development plans over the last two years. Molson packed up its Notre Dame brewery and moved to the South Shore in 2021, after 200 years in Montreal.
The first phase of construction will focus on the Îlot des Voltigeurs, which Montoni says will be a tourism corridor, but could include public services like a community centre, depending on needs expressed in the consultations. Housing will also be included in the initial construction phase.
With files from Stéphane Giroux
CTVNews.ca Top Stories
Liberal leadership race narrows with Clark, Champagne out, and Freeland, Gould set to jump in
Christy Clark and François-Philippe Champagne announced Tuesday that they will not run in the race to replace Prime Minister Justin Trudeau. These announcements come alongside news that senior Liberals Chrystia Freeland, Karina Gould and Mark Carney are expected to announce within the week their plans to run for the leadership.
Trudeau to convene ministers on Trump's inauguration day
Canadian Prime Minister Justin Trudeau will hold a cabinet retreat on Jan. 20 to 21 focused on defending his country's interests and boosting ties with the U.S., his office said in a statement on Tuesday.
Montreal Canadiens forward Emil Heineman struck and injured by vehicle
Montreal Canadien forward Emil Heineman was struck and hit by a vehicle on Monday and will be out around a month.
Princess of Wales says her cancer is in remission
The Princess of Wales revealed Tuesday that her cancer is in remission after an emotional visit to the hospital where she received treatment last year.
'It's not going to be good': Ford says Trump's tariffs could cost Ontario 500,000 jobs
Premier Doug Ford says U.S. president-elect Donald Trump’s promised tariffs on Canadian goods could result in the loss of 500,000 jobs in Ontario, creating the need for billions of dollars in stimulus spending.
Crest, Colgate lawsuits target fluoride in kids' toothpaste, mouth rinse
Procter & Gamble and Colgate-Palmolive are among the defendants in six new lawsuits targeting the sale of toothpaste and mouth rinse for young children because the products contain fluoride, which can be harmful if swallowed.
Dozens of survivors and dead pulled from illegal South African mine as hundreds remain underground
Rescuers sent a cage-like structure down into one of South Africa's deepest gold mines on Tuesday to bring out survivors among hundreds of illegal miners trapped for months in an abandoned shaft.
'We can live our lives again without worrying': Ontario man relieved after insurance company agrees to pay $620,000 hospital bill
An Ontario man who received a $620,000 medical bill from a Florida hospital is now relieved that his insurance company has reversed its decision and decided to pay the bill.
Michelle Obama will not attend Trump's inauguration
Former first lady Michelle Obama will skip the inauguration of president-elect Donald Trump, the second time in two weeks that she is not attending a gathering of former U.S. leaders and their spouses.