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Quebec  + Industrial  |  March 15, 2024
Devimco and Fonds immobilier de solidarité FTQ have started construction on a new $230-million condominium project in Longueuil, Que.
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By: Monte Stewart

Construction Begins on $230M Longueuil Condo Project

Devimco and Fonds immobilier de solidarité FTQ have started construction on a new $230-million condominium project in Longueuil, Que.

The Myral development in suburban Montreal will include a 33-storey tower, condos 555 rental units and a ground-level retail space. Devimco and Fonds said the the project has presold more condo units than any other project on Montreal’s South Shore.

Myral will include 20,000 square feet of common areas. Amenities will include a lobby with a co-working space and lounge; a training room, a Scandinavian spa, a private dining room, an art studio, an outdoor pool with a barbecue, pergola, lounge and outdoor workout area; and, an urban chalet and terrace.

Fonds President and CEO Martin Raymond said the first units will be delivered in 2027.

Pictured: James Goulet, Devimco partner and Fonds President and CEO Martin Raymond

Photo: CNW Group/Devimco

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Inside The Story

Martin RaymondJames Goulet

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.
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