Filed under: griffintown
According to the Metro newspaper, the City of Montreal is lifting its expropriation orders on properties in Griffintown not already directly owned by developer Devimco, who say they will be proceeding with a new, downscaled residential project below Wellington.
As far as I’ve been given to understand, the re-zoning to mixed use is still valid, so individual property owners should be free to sell or redevelop their own lands as they see fit.
(Thanks to SG reader Elizabeth for the news tip.)
Filed under: city council, developers, Devimco, economics, griffintown, news, press conference
Devimco’s Projet Griffintown will proceed in a greatly reduced and modified fashion, say spokespeople for the developer and the City of Montreal. According to information released at recent press events, a downsized Projet Griffintown will be built on approximately 30% of the originally planned surface area, starting in 2010, in stages.
The new project will abandon the high-profile shopping centre to focus on canalside residential and office developments, to be built on land already owned by Devimco south of Wellington Street. It’s not entirely clear, but it does appear that Devimco will release its options to purchase / expropriate land north of Wellington, which has land and property owners upset that their ability to sign new leases or develop their own properties was frozen by the city, with little to no compensation.
“The economic situation is difficult, and despite this we’re announcing we’re going ahead with our project,” Devimco spokesman André Bouthillier, said. “There aren’t many other developers announcing good news these days.”
Devimco will invest at least $300 million in the first phase of the project, beginning in 2010, he said. Meanwhile, Mayor Gérald Tremblay’s administration held a hastily organized news conference at city hall to deny the project has sunk.
“There’s no real change,” said city executive committee member Luis Miranda, who is responsible for major development projects. “The Griffintown project for us is not closed. It’s not a file we’re abandoning.”
Meanwhile, Benoit Labonté, opposition city councillor and borough mayor of Ville-Marie, blasted the Tremblay administration for its lack of long-term economic vision, and its willingness to put all its eggs in the baskets of real-estate megaprojects, in a press release:
“Alors que l’horizon économique s’assombrit, l’administration Tremblay demeure encore une fois impuissante à agir avec fermeté et audace, afin de préserver le développement de l’économie montréalaise, comme elle a été impuissante à la faire progresser au cours des sept dernières années”, a exprimé le maire Labonté. “Il est vrai que les conditions économiques actuelles rendent le développement de tels projets plus difficile. Cependant, une administration responsable, possédant un minimum de vision, aurait, depuis des mois, mis en place une stratégie de développement pouvant répondre efficacement à l’adversité et ne se serait pas uniquement fié aux grands projets immobiliers ou commerciaux”, a déclaré le chef de l’Opposition officielle.
More news and links, including some reaction from property owners:
Le Devoir: Un autre clou dans le cerceuil…
Journal de Montreal: Des propriétaires excédés
Journal de Montreal: Le mégaprojet se dégonfle
La Presse: Le projet Griffintown se fera par étapes
Radio-Canada: Griffintown: Comme un peau de chagrin
Filed under: griffintown | Tags: Concordia, debate, discussion, griffintown, montreal, panel, public
The School of Community and Public Affairs at Concordia University is presenting a panel discussion/debate on The New Griffintown.
Panelists listed are:
Claude Beaulac, Executive Director of the Ordre des Urbanistes du Québec
Pierre Richard, Co-president, Regroupement Économique et Social du Sud-Ouest (RESO)
Michel Leblanc, President and Executive Director, Chamber of Commerce of Montréal
Grace Barrasso, Consultant and specialist in sustainable development, Committee for the Sustainable Redevelopment of Griffintown (csrgriffintown.wordpress.com)
Moderator: Madeleine Poulin, Journalist, Radio-Canada
Tuesday, February 10th 2009
6:00pm – 8:00pm
Samuel Bronfman Building, 1590 Dr. Penfield ave. (Corner Côte-des-Neiges)
For more info please contact:
(514) 848-2424; ext. 2575
Filed under: griffintown | Tags: economy, industry, relocalization, smart growth, Urbanism
(h/t to Patrick.)