The Fonds immobilier de solidarite FTQ and Dév Méta have formed a new partnership to develop a 305-unit multi-family rental complex in Laval, Que.

The VAIA site is located at 2535 Cure-Labelle Boulevard in Laval’s Chomedey district. The first phase is slated for delivery in March 2027.

“Our partnership with Dév Méta comes naturally,” Martin Raymond, president and CEO of the Found. “Their approach, which integrates ESG practices and cutting-edge technologies, their ability to deliver projects, and their attention to detail resonate with our mission to contribute to Quebec’s economic development through responsible real-estate projects.”

Phase 1 will include 305 apartments across buildings ranging from six to 15 storeys, with units from studios to three bedrooms, and amenities such as a lounge, outdoor pool, fitness room, and underground parking. Phase 2 may combine rental and condominium units depending on market trends. Construction is underway, with full build-out slated to total 610 homes.

The community is designed for young professionals, families, and active retirees. The project offers quick access to highways A440 and A15, public transit, and major retail destinations including Carrefour Laval and Centropolis.

“The Fonds immobilier de solidarite FTQ and Dév Méta share a common vision: to build sustainable, inclusive, and well-designed living environments,” said Luc Quenneville, president of Dév Méta. “This partnership is founded on aligned values: innovation, rigor, commitment to the community, and responsible development,”

The Fonds is a Quebec investment organization that supports economic growth through responsible real-estate development. Dév Méta is a Quebec-based developer known for innovative, sustainable, and people-centred projects.

The name VAIA was chosen for its “soft, fluid, and contemporary” sound intended to evoking movement and renewal while nodding to the site’s past as the former Centre de quilles 440 bowling alley, said the partners.

Pictured: Future VAIA apartment complex in Laval, Que.

Rendering: CNW Group/Fonds immobilier de solidarite FTQ