Devimco Immobilier starts first phase of $800M Longueuil, Que. development
Construction has begun on two new condo towers in Longueuil, Que., the first phase in an $800 million development expected to encompass 1.6 million sq. ft.
Devimco Immobilier officially broke ground on the Sir Charles Condominiums June 8, weeks after securing city approval for the project centred around the Longueuil–Université-de-Sherbrooke métro station.
The first of the two new towers will rise 25 storeys and include 336 units. Commercial space is planned for the lower floors.
A pair of 22-storey rental buildings will go up after the condos, with the four-tower development eventually including just over 1,600 units.
Devimco and the City of Longueuil say the wider development is the largest real estate project in the city’s history. Just across the river from Montreal, not far from the Jacques-Cartier Bridge, the developer has billed the new multi-use project as a transit-oriented community anchored by the yellow line metro stop.
Construction on the four towers is expected to staged over the next six years, according to the City of Longueuil.