Displayed under the Mostra Centropolis banner, the development will offer more than 40,000 square feet of green spaces, the layout of which will be part of a responsible development approach to reduce the presence of heat islands in the sector.

The ground floor will include a commercial space intended for local shops, in addition to the abundant supply already installed around.

The contemporary signature of that architecture is the work of the firm Forme Studio Architecture, and supported by designer Frédéric Clairoux for the design of the interior spaces.

The project will consist of two towers of 193 and 170 units, rising to twelve and fifteen floors respectively. Many indoor parking lots, storage and bicycle spaces will also be available.

Reservations for rental places there will be available next fall. (C.P./IJL)

translated by Alec Brideau

L’article Launch of Mostra Centropolis est apparu en premier sur Courrier Laval news.

As of July 31, the foundations of 1,508 housing units had been sunk into Laval soil, up 13 per cent compared to the 1,334 housing units started during the same period last year.

The city-region stands out from the four other geographic sectors of the greater metropolitan area, which are 21 per cent behind the housing starts recorded a year earlier. Montreal, the North Shore and the South Shore, as well as Vaudreuil-Soulanges – for its portion included in the territory of Montreal’s Census Metropolitan Area (CMA) – totaled 14,711 dwellings, compared to the 18,597 registered at the end July.

Here are some data released this week by the Canada Mortgage and Housing Corporation (CMHC).

Dominant Rental Market

The rental market dominates with 82 per cent of the new housing in Laval in 2022. In absolute numbers, we’re talking about 1,240 of the 1,508 units registered during the first seven months of the current fiscal year.

Month to Forget

If Laval’s market has dominated the greater metropolitan area since the beginning of the year, it was quite the opposite last month.

In July, Laval only saw 35 new housing units getting started, which is five times less than the 161 started on the same date last year. Meanwhile, elsewhere in Montreal’s CMA, the CMHC identified 2,074 construction sites compared to 2,449 in July 2021, representing a 15 per cent drop of the activity level.

Let’s remind that in 2021, Laval saw its housing stock grow by 2,270 new homes, built or started.

translated by Alec Brideau

L’article Construction Sites Up Despite a Weaker Month of July est apparu en premier sur Courrier Laval news.