MONTREAL — The Caisse de depot et placement du Quebec (CDPQ) has announced is it investing $8.7 million to support the expansion of the sustainable design capabilities of the architectural firm Lemay.
A June 22 release explained that the funding will enable Lemay to expand its Net Positive program, which involves assessing the impact of projects on health, the environment and carbon reduction. The investment is intended to spur technology-based innovations such as using virtual and augmented reality and optimizing workspaces with data sensors and analysis tools, the release stated.
“CDPQ’s past investments have enabled us to complete key acquisitions in Canada in order to consolidate our national platform,” said Louis Lemay, president of Lemay.
“We’re delighted to have been able to solidify our presence in new markets with CDPQ’s support. This new investment will strengthen our leadership position in technology and sustainability while allowing us to continue assessing potential acquisitions.”
Current Lemay projects include the Bellechasse transport centre, the redevelopment of Espace 67 on Ile-Ste-Helene, the Humaniti Vertical Community project, the Ray-Mont Logistics head office in Montreal, the Soprema plant in Woodstock, Ont., ATB Financial branches in Alberta and the Quartier des lumieres on the site of the Radio-Canada tower in Montreal. Lemay is also working on the renovation of the Grand Theatre de Quebec.