News

La Fabrique 125, a residential project accredited by the Société d’habitation et de développement de Montréal (SHDM) and located in the heart of the fashion and design district, at the corner of Chabanel Street and avenue de Esplanade, ranked among the three finalists in the Innovation category for the 2103 Real Estate Awards of Excellence granted by the Urban Development Institute of Québec (UDI).

La Fabrique 125 is definitely a unique and bold project, a catalyst for the revitalization of this neighborhood and a testimony to the past of the clothing manufacturing industry. By focusing on the recycling and the enhancement of the architecture of this large-area building to create New York style residential lofts, the SHDM made ??the daring wager of incorporating its goals of affordability, homeownership and urban revitalization into an innovative project where art, design and creativity are showcased.

Johanne Goulet, Executive Director of the SHDM, paid tribute to the excellent work of La Fabrique 125 promoter, 125 Chabanel Holdings inc. (Groupe Dayan), and its team of professionals consisting of design, architectural and engineering firms, including Humà Design + Architecture, Formee Studio, WorkShop Architecture, Dupras Ledoux Ing., DL Turner consultants Inc. and builder Gerpro Construction.

« By implementing innovative development projects, such as La Fabrique 125, the SHDM plays its true role as a catalyst vehicle for urban revitalization and improvement of living environments, » she said.

It is worth noting that this is not the first time that the SHDM has been honored by the UDI. In 2009, the SHDM received the Real Estate Award of Excellence –Residential category component for Accès Condos, its unique formula of access to home ownership.

To visit the project look for La Fabrique 125, on the Accès Condos website or contact the sales office located at 9315 avenue de l’Esplanade (514 388-9090).

On March 13, the borough council of Villeray–Saint-Michel–Parc-Extension approved the lease between the Ville de Montréal and the Société d’habitation et de développement de Montréal (SHDM) for the ground floor of Centre Jean-Marie Gauvreau, located at 911, rue Jean-Talon Est. This is great news because this agreement will allow for the planned establishment of a long-awaited new maison de la culture.

The centre is managed by the SHDM and currently houses 85 tenants working mainly in the field of the arts. These artists can therefore enjoy a cultural venue at the very heart of their creative spaces. Moreover, « the SHDM is very proud to contribute to the cultural development of Montréal by signing an agreement that is beneficial for the borough, and by leveraging its expertise in property management, including the coordination of all the steps needed to transform this place into a maison de la culture, » says Johanne Goulet, Executive Director of the SHDM.

The refurbishment work should start in late fall 2013 and the borough plans to inaugurate its cultural centre in the fall of 2014.

For more information, please see the press release (in French only) published by the Villeray— Saint-Michel—Parc-Extension borough.

Montréal, Thursday, March 7, 2013 –The Société d’habitation et de développement de Montréal (SHDM) has authorized the transfer of the development for Phase IV of Faubourg Contrecœur from Construction F. Catania & Associés to Développement Faubourg Contrecœur. This company dedicated to the project was created by shareholders of Constructions Devlor Inc., which will act as general contractor.

To get the green light from the SHDM, the two developers had to offer guarantees on the completion of the project in compliance with all the conditions of the original agreement in order to protect the rights of current and future buyers. The 128 residential units that are planned will therefore be built according to the quality criteria that were established and in line with the prices that had been set. In addition, the transfer conditions were confirmed, including evidence of commitments vis-à-vis suppliers and financial institutions involved in the project. A delivery time of a few months was granted to allow for a smooth transition.

The SHDM took all necessary precautions by carrying out the usual checks surrounding the new developer, including verification by the comptroller’s office of the Ville de Montréal.

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Source : Société d’habitation et de développement de Montréal
Information : Leslie Molko, 514 286-6033 poste 244

At the invitation of the Minister responsible for the Montréal region, Jean-François Lisée, the SHDM joined the Montréal = Families Steering Committee, to identify the most effective strategies and incentives to encourage families with young children to settle or remain on the island of Montréal.

The working group is composed of experts from associations, academia, financial circles and community groups, as well as of representatives from the Ville de Montréal and the Québec government. This group will examine the incentives that are already in place and have had proven results in Montréal or other cities.

In addition to initiatives that directly affect housing, such as home ownership programs, the working group will focus on other dimensions of a living environment that are factors in attracting families, such as transportation, recreation, education, etc.

To simplify the lease renewal process for all our tenants, we have changed the renewal notice and have added an easy-to-complete questionnaire.

Directly inspired by the model suggested by the Régie du logement du Québec, this form allows you to keep the original notice, while informing us of your intentions. It also contains all the relevant information to ensure the best possible follow-up by our managers.

Don’t forget! You have thirty days to respond or we will automatically renew the lease according to the proposed terms and conditions.

Remember that, in compliance with SHDM’s Regulation on rent-setting criteria and its tax status, the calculation of the rent increase takes into account:

• The building’s total revenue, including revenue from the rental of commercial spaces;
• The operating expenditures of the building, including costs of improvements and maintenance carried out in the building and/or in your apartment, insurance and management fees, energy, as well as municipal and school taxes;
• Theemphyteutic rent and the GST are excluded from the calculation.

As always, if you have any questions, do not hesitate to contact your building manager, who will be happy to assist you.