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Alberta & Prairies  + Quebec  |  May 1, 2024
Developers have broken ground on a new condominium-rental development in Montreal.
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By: Monte Stewart

Developers Break Ground on Suma Rental Condos

Omnia Technologies, Groupe HD, and Kastello Immobilier have broken ground on a new condominium-rental development in Montreal.

The mid-rise Suma project will comprise 66 condos on seven floors. The project is located near the Papineau metro station.

“This new rental project fits perfectly into the vision of this booming neighborhood and will provide future residents with high-quality homes close to services, shops, and public transportation,” adds Thomas Dufour, co-president of Groupe HD, in a news release.

Kastello is slated to take over the building’s management once the project is finished.

Laval, Que.-based Omni specializes in commercial property construction, including multi-residential and industrial developments. Groupe HD is a Quebec-based company that specializes in real estate investment, development and construction.

Based in Brossard, Que.-Kastello is an investment firm owned by the Fortin family. The company specializes in residential real estate investment in partnership with developers.

Photo: CNW Group/Omia Technologies

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Omnia TechnologiesGroupe HDKastello

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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