MONTREAL — The Fonds immobilier de solidarite FTQ is teaming up with Devimco Immobilier on a $160-million condominium project with a significant heritage component to rise in Montreal’s Golden Square Mile neighbourhood.
The development is called MAA Condominiums and Penthouses and involves construction of 34 residential floors atop the MAA Sports Club, a heritage building located on Peel Street between Sherbrooke Street and De Maisonneuve Boulevard, stated a Feb. 20 release. The club will also be restored.
Construction began in October and the 300 condos are slated for delivery at the end of 2022.
The Golden Square Mile neighbourhood is in the borough of Ville-Marie.
Units will be configured in studios, one- to three-bedroom units and penthouses.
Amenities will include a lobby with waiting area, concierge, doorman and 24/7 security; gym, Nordic spa with thermotherapy circuit, lounge area with library and terrace; dining room with catering space; games room including virtual golf; and indoor parking.
Club facilities will include an indoor semi-Olympic pool with hot tub and outside terrace; 50,000 square feet of sports facilities including two training rooms, a multipurpose studio, a half-court basketball court, two squash courts and six studios for fitness classes; a sports clinic with physiotherapy, massage and spa services; a lounge and a bistro; and change rooms with permanent lockers.
“The MAA development has tremendous appeal because of its location in a sought-after neighbourhood where exceptional condo projects are sprouting and attracting many buyers. The immediate neighbourhood has high-density buildings with architectural interest and tremendous heritage value. The large-scale project is also great for job creation and will ultimately generate 1,100 jobs,” stated Normand Belanger, president and CEO of the Fonds, in the release.
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