Filed under: griffintown
So what’s been going on with Projet Griffintown?
Essentially, the project has gone through at the municipal level — the proposed changes to the urban plan were adopted, paving the way for Devimco’s project.
Since then, there was a meeting at the local borough council in order to “conform” the local borough’s own urbanism plan to the new city plan, at which we all attended, spoke, and asked questions.
After that, there’s been one or two procedural meetings, but there’s something else very interesting going on which might derail Devimco’s project altogether.
The city some time ago gave Devimco an extension in order to get their funding guarantees together. And, likely linked to that deadline, according to Le Devoir, the actual expropriations have been pushed forward to September.
If Devimco can’t come up with funding guarantees in time, then their ‘entente de developpement’ with the city falls through. The question then becomes, will another developer step in to do something within this new, grossly overscaled urban plan?
Given the state of the economy at the moment, and the never-to-again-be-cheap price of oil, I can’t foresee anyone looking at a car-based retail project and thinking that it would be a good long-term investment. Now would be the time to do something bold and innovative; maybe it’s time to talk to the developers of Dockside Green, or Foster and Partners — they’re building the world’s first modern carfree sustainable development, Masdar City, in the UAE.
If they can do it, why not us?