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Habs Partner to Build Skyscraper Attached To Bell Centre

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Old
07-13-2012, 11:47 AM
  #1
HookeyPlayer
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Habs Partner to Build Skyscraper Attached To Bell Centre

http://business.financialpost.com/20...-centre-arena/

Quote:
MONTREAL — Cadillac Fairview Corp. is setting its sights on hockey fans again in an attempt to sell real estate. But this time, it’s targeting partisans of the game’s most decorated professional team — the Montreal Canadiens.

The Toronto-based real estate investor is partnering with the Canderel Group, labour fund Fonds de Solidarité FTQ and the Molson family-controlled Canadiens hockey club to build a new residential skyscraper attached to the city’s downtown Bell Centre, home of the Habs.

Details of the plan are to be unveiled Monday, but according to project applications filed with the City of Montreal, the general concept is strikingly similar to Cadillac’s Maple Leaf Square development in Toronto – a residential condo tower linked to the hockey arena with a busy sports bar, restaurant and option for a high-end hotel.
Quote:
The first 14 storeys of the Montreal tower will house a bar, a restaurant, a fitness centre, interior parking for 400 vehicles and a sky lobby to access the condos above, according to a project description filed with the city. Above that will be 47 storeys for 700 private residences although a hotel may be added that would reduce the condo count.
Quote:
“I think the area [around the Bell Centre] has already got a buzz. But this is going to put that buzz on steroids,” said Bernie Marcotte, senior managing director of real estate consultancy Cushman & Wakefield Ltd. in Montreal.
Quote:
Cadillac’s announcement comes amid a significant expansion in condo apartment construction overall in Quebec, which is raising concerns that prices are set to drop if demand slows. At least one other developer, Broccolini, has announced plans for a condo tower in the immediate Bell Centre area.
A rendering of new building. Looks sharp, like the Habs symbol! If its similar to Maple Leafs Square, it will be a nice place for fans to gather before, after and during the game.



Last edited by HookeyPlayer: 07-13-2012 at 11:59 AM.
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07-13-2012, 11:52 AM
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Reminds me of the Madison Square Garden complex.

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07-13-2012, 11:55 AM
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Gross. IMHO, of course. But yeah, vomit.

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07-13-2012, 11:55 AM
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07-13-2012, 11:57 AM
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Jack Bourdain
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Would rather they build an institution dedicated to Habs/Hockey rather than condos. Should be a museum, office, bar, mall etc. Anything open to public, and not really real estate.

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07-13-2012, 12:00 PM
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SWEET. I will buy one !

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07-13-2012, 12:34 PM
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MooseOllini
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Ted Mosby approves, love it.

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07-13-2012, 12:39 PM
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Quote:
Originally Posted by Jack Bourdain View Post
Would rather they build an institution dedicated to Habs/Hockey rather than condos. Should be a museum, office, bar, mall etc. Anything open to public, and not really real estate.
You don't make money off a museum(relative to a condo/hotel). I personally don't mind the project at all.

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07-13-2012, 12:40 PM
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Not The One
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I vaguely remember that the original plans for the Molson Center included four towers at each of the building's corners, and that the structure was built so that they could be added later.

It's kind of cool that this will finally happen almost 20 years later.

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07-13-2012, 12:43 PM
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I hope the glasses are insulated against the sound.

Otherwise, post-playoff games are gonna be unsleepable.

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07-13-2012, 12:46 PM
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Wish I had $$ like dat

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07-13-2012, 12:46 PM
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MooseOllini
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Quote:
Originally Posted by PricePkPatch View Post
I hope the glasses are insulated against the sound.

Otherwise, post-playoff games are gonna be unsleepable.
A price to pay to live there.

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07-13-2012, 12:52 PM
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What's an average shelf life of a sports arena? Does anyone know?

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07-13-2012, 12:55 PM
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MooseOllini
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What's an average shelf life of a sports arena? Does anyone know?
The ones build today are easily maintainable for decades.

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07-13-2012, 01:00 PM
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The ones build today are easily maintainable for decades.
Just ask the Islanders.

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07-13-2012, 01:01 PM
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Not The One
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Looks like the area will be very different in a few years. In addition to this project, two other skyscrapers will be built besides the Centre Bell.

La Tour Deloitte, a 26 stories-high skyscraper and office tower between the BC and Windsor Station.

L'Avenue wil be a 50 stories condo tower and will be built at the corner of Drummond and Canadiens-de-Montréal, in fron of the arena.

Nice place if you can afford it!

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07-13-2012, 01:07 PM
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Quote:
Originally Posted by PricePkPatch View Post
I hope the glasses are insulated against the sound.

Otherwise, post-playoff games are gonna be unsleepable.
Or Celine Dion.

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07-13-2012, 01:09 PM
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They did something like this in Toronto didn't they?

It's definitely a good spot. Within walking distance to the train station, a bunch of metro stops, near st-catherine's and a bunch of other popular streets. Those condos are gonna sell like hot cakes.

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07-13-2012, 01:10 PM
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Jack Bourdain
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Quote:
Originally Posted by LyricalLyricist View Post
You don't make money off a museum(relative to a condo/hotel). I personally don't mind the project at all.
You probably ask yourself how did I ever get into Business school??

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07-13-2012, 01:17 PM
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Quote:
Originally Posted by Jack Bourdain View Post
You probably ask yourself how did I ever get into Business school??
Studying something doesn't mean you're actually good at it. They're in the business to make money, not promote the Habs' and hockey's history... well, yes, for the long run, but make money first and foremost.


I don't mind the project either, not that I have anything to say about it anyways. I, too, wonder about the longevity of the structure... but then again the insides of the Bell Center could always be rearranged to use it for something else eventually, while the tower would remain unchanged.

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07-13-2012, 01:27 PM
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07-13-2012, 01:33 PM
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LyricalLyricist
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Quote:
Originally Posted by Jack Bourdain View Post
You probably ask yourself how did I ever get into Business school??
Not really. You just crunch the numbers after other people make the decisions.

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07-13-2012, 01:44 PM
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Jack Bourdain
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Not really. You just crunch the numbers after other people make the decisions.


Feelings. They are hurt.

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07-13-2012, 01:47 PM
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Turtleneck Plek
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Looks nice.

R.I.P. Centennial Plaza.

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07-13-2012, 02:07 PM
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what happens to all the $500 bricks?

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