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Quebec  + Canada + Cross Border News  + Apartments  | 

Construction Starts on Phase 2 of Le Cardinal

Construction has begun on the second phase of a large apartment complex in Quebec City.

Phase 2 of Le Cardinal Sud will comprise 95 rental units on six floors, the project’s co-developers EDIFIA Groupe Immobilier and the Fonds immobilier de solidarité FTQ said in a news release Tuesday. Quebec-based construction company CONCREA is serving as the general contractor.

Le Cardinal Sud is located on Des Rigoles Street in Quebec City’s Val-Belaire neighbourhood.  EDIFIA and Fonds are teaming up again on Phase 2 after developing the 132-unit first phase that delivered in October 2022.

“The project is helping to drive our regional economy while offering its residents an opportunity to rent in a beautiful area,” said Frederic Bernard, Fonds’ vice-president for the Quebec City region, in the news release[FP1] .

Phase 2 is slated for completion in the summer of 2024.


Inside The Story

EdifiaFonds immobilier de solidarité FTQMonte Stewart

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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