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Quebec  + Canada  + Multi-residential Housing  | 
The former Blue Bonnets racetrack site in Montreal is slated to contain 20,000 homes.

Former Blue Bonnets Racetrack Site to Get 20,000 Homes

If all goes according to plan, Montreal’s former Blue Bonnets racetrack site will contain 20,000 homes in the future.

The City of Montreal has unveiled a new master plan for the area. The area will be known as Namur-Hippodrome and house up to 40,000 people, says the city. Many of the homes are expected to be multi-family rental buildings.

“Namur-Hippodrome is a city within a city,” said Montreal Mayor Valérie Plante at a news conference. “It’s the equivalent of building a city like Boucherville [or] Rouyn-Noranda within Montreal.”

The city, province and federal government have each pledged to $2 million to advance the project’s plans.

A new streetcar line is slated to be developed along Jean Talon Street in conjunction with the community. Many of the residences will be intended for social and community housing, and will be affordable and family-friendly, according to a city description of the development.

Plante indicated that about 50% of the housing units will be available at below-market rates but did not provide further details. A news release says 10,000 of the homes will be “sheltered from speculation.”

The former horseracing venue is also slated to contain retail stores and other businesses, along with schools, community centre, library, sports facilities, healthcare facilities. And, 14 hectares of parks and public squares will be included.

The city acquired the land from the Quebec government in 2017, and planning efforts have been in the works for years. Public consultation on the master plan is scheduled for May.


Inside The Story

Valérie Plant

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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