Multifamily Real Estate Insights Podcast
The Real Estate Multifamily Insights Podcast is your trusted source for news, strategies, expert interviews, and actionable tips to grow your wealth through multifamily real estate, in Canada and beyond. Hosted by seasoned investor Sandy Mackay.
Groupe Mach to redevelop east Montreal site into massive mixed-use project
In this episode, Sandy MacKay introduces Groupe Mach's Langelier Project, highlighting its significance in the multifamily real estate landscape. He discusses the partnership with Transgesco, emphasizing the project's commitment to sustainability. Sandy provides an overview of Groupe Mach's extensive portfolio, examining their strategic approach and future plans for growth. The episode concludes with closing remarks, offering listeners a comprehensive understanding of the project's impact and Groupe Mach's role in advancing sustainable multifamily developments.
Key Points
- Groupe Mach has announced Langelier, a $3.5 billion redevelopment project in Greater Montreal, set to transform two shopping centers into a 5.8-million-square-foot mixed-use development.
- The first phase of the Langelier project, expected to be completed by 2031, will feature five towers with 1,000 condominium and rental units, 250 social and community housing units, and a 75,000-square-foot cultural center.
- Langelier will include over 400,000 square feet of green spaces, emphasizing walkability and bikeability, and aims to integrate with an upcoming blue line metro station to create a sustainable and accessible community.
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Transcript
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