The Fondsimmobilier de solidarité FTQ has partnered with Cogir Real Estate to construct the new UniCité rental residential project in Canada.
To be constructed on Molson Street in Rosemont–La Petite-Patrie, Montréal, the new building will accommodate 175 units and 32,292ft² of commercial space on the ground floor, which would be occupied by an IGA supermarket.
Cogir Real Estate multi-residential operations vice-president Jean-Marc Bélanger said: “The UniCité project is located in a vibrant area where the potential for residential development is expected to grow.
“With its terrace, pool, urban chalet, fitness room, indoor parking and an IGA supermarket on the ground floor, it offers real added value to a neighbourhood that has undergone a major revitalisation in recent years.”
The structure will also feature 28 community housing units managed by a housing cooperative with the help of social economy enterprise Bâtir son quartier.
Fondsimmobilier de solidarité FTQ president and CEO Normand Bélanger said: “UniCité is a comprehensive project that will create some 400 jobs. With access to Pélicanpark, bicycle paths and public transit, it’s a great housing option for both young families and retirees.”
The 67,725ft² building will include seven aboveground floors and an outdoor pool on top of the commercial space.
Other amenities will include a fitness room on the first floor, 5,080ft² of additional commercial space for convenience stores, bicycle racks, and two-storey underground space to park 148 cars.